Standards of Due Diligence

In chapter 7 of our text standards of due diligence is discussed as certain organizations being legally required to maintain a certain level of security(Whitman & Mattord, 2014). A quick Google search led me to this article on on hedge fund businesses and how they must always stay ahead of the technological curve. They can no longer simply state that their due diligence has been done, they must often prove how it has been tested. Thinking about the worlds financial markets, and the hundreds of billions of dollars in hedge funds, it makes sense to me that standards for security will be developed here. People with that kind of money are always targets, and it is easy to understand why their systems must be completely secure. Whitman, M. E., & Mattord, H. J. (2014). Management of Information Security. Stamford: Cengage.