ESRB warns cyber threats pose systemic risk
The possibility of a serious cyber incident poses a systemic risk to the financial system, with serious consequences for the real economy, warns a report from the European Systemic Risk Board (ESRB).
Financial infrastructures join forces to combat cyber-threats
Central banks, clearing houses, stock exchanges, payment system providers and law enforcement agencies across Europe have joined forces on a cybercrime information sharing programme.
Financial infrastructures join forces to combat cyber-threats
Central banks, clearing houses, stock exchanges, payment system providers and law enforcement agencies across Europe have joined forces on a cybercrime information sharing programme.
FCA flags regulatory gaps and IT outages as key areas of focus
In its annual Sector Views report, the UK's Financial Conduct Authority warns of the growing risks to consumers in the retail banking and payments sector, as regulatory protection struggles to keep pace with technology-driven innovation and incumbents grapple with legacy limitations.
Canada puts security at top of open banking review
Canada's government is pushing ahead with a second phase of its open banking review, focusing on security issues surrounding the sharing of financial data with third parties.
ProcessUnity Scores Highest in Gartner Review of IT Vendor Risk Management Software
In the newly published 2019 Critical Capabilities for IT Vendor Risk Management Tools, Gartner has given ProcessUnity the highest scores for two Vendor Risk Management use cases most requested by Gartner clients.
OCC lists cyber threats and emerging technologies in risk outlook
The Office of the Comptroller of the Currency (OCC) today reported operational, credit, and interest rate risks are among the key themes for the federal banking system in its Semiannual Risk Perspective for Fall 2019.
Financial firms struggling to assess risks of disruptive technologies - Accenture
The majority of UK financial firms do not believe they can adequately assess the risks of disruptive technologies, as technology advancements move faster than the skills of their risk managers, according to a new report by Accenture.
