The annual Hedgeweek European Awards 2023, which honor excellence in hedge fund performance and service providers, recognized Abacus Group, the premier Managed Security Services Provider to alternative investment firms, Best Cybersecurity Provider.
After nomination through a survey of more than 100 fund managers and other significant industry players, Abacus Group won a vote from Hedgeweek’s full user base in an online ballot. Just four months after Abacus Group was selected Best Cyber Security Provider at the Private Equity Wire US Awards, the prize was presented on March 9 at the Reform Club in London.
Abacus Group is committed to assisting hedge funds in fending off the increasingly sophisticated cybersecurity assaults aimed at the financial services industry through its extensive knowledge and growing variety of services. Abacus Group offers a multi-layered suite of comprehensive, secure, compliance-focused products through its dedicated portal. The company’s executive team has more than 100 years of combined experience in the alternative investment sector, and it possesses extensive technological expertise.
The managed security service provider (MSSP) Abacus Group grew in January with the acquisition of two specialty cybersecurity consulting firms, Gotham Security and GoVanguard. These have been combined to create the Abacus Group subsidiary, Gotham Security, which provides clients with a full range of information security capabilities, as well as real-world, actionable insight. These capabilities include services for threat hunting, red teaming, tabletop exercises, risk and compliance gap assessments, and penetration testing.
Abacus Group President Jonathan Bohrer said: “We are thrilled to have won the Hedgeweek awards for Best Cybersecurity Service. The hedge fund business in Europe has come to rely on our knowledge, experience, and cybersecurity services to help it manage its security needs in the face of ongoing cyberattacks and quickly shifting regulatory requirements.”
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“We are at the forefront of security provision in the alternative investment industry thanks to our recent expansion as an MSSP and our strong focus on delivering value and cultivating customer relationships.”
Abacus Group has been shortlisted for the Hedgeweek European Awards 2023’s Best Cloud Services Provider and Best Outsourced Solution in addition to winning from the shortlist for Best Cybersecurity Provider.
