Hedge fund managers are set to invest more in investments to protect against cyber crime , according to a survey by investors . About 80 % of 100 hedge fund managers and executives said they will spend significant or very significant sums on cyber security in the next five years , while 83 % said cybersecurity is an important technological capability . For hedge fund managers with more than $ 5bn under management , 31 % said that cybersecurity is an area where they had a competitive advantage versus 14 % for middle - sized firms .
Hedge fund managers are set to invest more in technology to protect against cyber crime, according to a survey by KPMG. About 65% of 100 hedge fund leaders and executives said they will spend significant or very significant amounts on cyber security in the next five years, while 83% said cybersecurity is an important technological capability. For hedge fund managers with more than $5bn under management, 31% said that cybersecurity is an area where they had a competitive advantage versus 14% for middle-sized firms.