Cyber security

WHAT IS THIS? The aim of cyber security is to protect computer systems from disruption or misdirection of the services they provide. Regulators have stated banks and other financial institutions should be able to return to normal operation no more than two hours after suffering a cyber attack.

Special report: Operational risk

For energy traders and risk managers, operational risk extends far beyond IT and trading-systems risk to the real-world fundamentals of delivery risk, shipping delays, pipeline congestion or even a cyber attack on the power grid.

You're Hit!

Wall Street and the global capital markets are prepared for another physical attack, but is the industry ready for cyber-terrorism?

Basel may advise banks on outsourcing

The Basel Committee on Banking Supervision may investigate the risks associated with outsourcing trading systems to third parties, a senior Bank for International Settlement (BIS) official told FX Week.

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