Investment management firms — hedge funds, private equity, asset managers, and family offices — are targeted for their access to material non-public information, trading algorithms, and the financial accounts of high-net-worth clients, making privileged access control and data exfiltration prevention the core Zero Trust use cases for the sector. SEC Rule 17a-4 WORM storage requirements, Reg S-P privacy obligations, and the SEC's 2023 cybersecurity disclosure rules collectively require investment firms to maintain auditable access controls over investor data and internal trading systems.
Related: Financial · Wealth · SOX · Privileged Access · SIEM