Clients of UK wealth managers are less concerned about data breaches than most of their global counterparts, new analysis has found.

GlobalData’s 2018 survey of wealth managers found 60 percent of providers worldwide believe cyber-attacks are increasingly worrying their clients. In the UK the figure was just  31 percent.

Sergel Woldemichael, wealth management analyst at GlobalData, said client "nonchalance" mirrored that of the firms.

"Our data shows that over a fifth of UK wealth managers are not at all concerned about the aftermath of data breaches to their reputations. On a global level, the proporti...