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.
Cybercrime climbs rankings of economic crimes in latest survey
The majority of data thefts last year were ideologically driven, study finds
Hackers with a cause
UK government's Cyber Security Strategy release needs regulatory backing, according to one industry expert
Crime without borders
Survey results show infosecurity is a low concern, but industry expert says otherwise
Batten down the hatches
Fat finger error mooted as possible cause for US market plunge
Wall Street and the global capital markets are prepared for another physical attack, but is the industry ready for cyber-terrorism?
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.