BW Cyber October 2025 Monthly Newsletter

BW Cyber Newsletter- October 2025

The Qilin ransomware attack in South Korea is a powerful reminder that cyber risk doesn’t respect borders. In this case, attackers breached a single IT subcontractor’s cloud server, SPECIFICALLY targeting data from 20+ Asset Management Firms — including investor records, tax files, and internal communications.

Even though the incident happened abroad, the message is universal: your security is only as strong as your weakest vendor. And there are criminals out there who are actively targeting Asset Managers.

Click Learn More below to see what this means for global firms and the steps you can take to strengthen vendor oversight and compliance.

A recent vulnerability in Google’s Gemini AI shows how prompt injection attacks can turn everyday tools into new entry points for cybercriminals. As AI becomes more embedded in operations, understanding and managing these hidden risks is essential.

Click Read More below to explore how this incident unfolded — what happened and what it means for organizations adopting AI.

We’re proud to announce that BW Cyber will be a Gold Sponsor of Uncorrelated Alts Cayman 2025, taking place November 9–11, 2025 at Hotel Indigo Grand Cayman.

We look forward to connecting with leaders across the alternative investments community to discuss cybersecurity, risk, and innovation in the financial sector.