In more than 90% of banks, second line tackles cyber risk
But some regulators would still like to see more 2 LoD risk staffing for infosec and IT disruption
For the second year running, information security and IT disruption top the list of operational risk concerns. And firms’ approach to these perceived threats is reflected in the extent of staffing across defence lines.
Risk Benchmarking’s 2025 op risk survey of 39 major banks – including regional lenders and 11 global systemically important banks (G-Sibs) – found that cyber risk continues to
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