OpRisk Europe: Cyber attack a growing threat, panel agrees

Shadowed hand hovering over keyboard - de-montfort-university-deloitte

Cyber attack will be a leading concern for the financial industry over the year ahead, a panel at the OpRisk Europe conference in London yesterday told delegates.

Asked to predict the top operational risks for the next 12–18 months, John Wertheim, head of operational risk for Europe, the Middle East and Africa at Morgan Stanley, said: "Unauthorised trading has to be my number one risk priority, given Morgan Stanley's profile here in London. Electronic trading, and the risks associated with hand

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