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FCA Publishes Wholesale Banks and Asset Management Cyber Multi-Firm Review Findings

Data Matters

Effectiveness of second line functions in overseeing and managing cyber risks – all relevant areas of the business must have the relevant expertise. For one, many had defined the threat landscape too narrowly.

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Weekly podcast: banks, Thomas Cook, London cyber court and Facebook

IT Governance

The Bank of England, the PRA (Prudential Regulation Authority) and the FCA (Financial Conduct Authority) have asked the UK’s banks and financial services firms to report on their exposure to operational risks, such as cyber attacks, and explain how they would respond to system failures, such as those recently faced by Visa and TSB.