Discretionary Management  

DFM hit by cyber attack

DFM hit by cyber attack

Hawksmoor Investment Management has sought to reassure clients after it was the victim of a cyber attack earlier this week.

The discretionary investment manager, which runs £711m on behalf of clients, has emailed investors to let them know it was the target of an attack on its IT systems.

Phishing emails were sent out to clients on Tuesday (17 January) purporting to be from the company’s business development manager, Jill Gill.

In an email sent out today (19 January), Hawksmoor chief executive John Crowley apologised to clients, but said the IT team had quickly identified and resolved the issue.

He also said the team had taken “immediate steps” to prevent this kind of incident from happening again.

“Hawksmoor treats confidentiality and data protection extremely seriously, and I can assure you that no client data was compromised at any stage,” he said.

Mr Crowley advised clients to delete any emails they received from Ms Gill between 3pm and 4pm on the 17 January.

He also recommended that customers change their password if they opened any link on the emails.

Last year, the head of cyber technology firm ZoneFox said companies should implement a framework to guard against breaches to their data security.