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.
NY Fed's new cyber taskforce dismissed as “distraction”
RBS risk veteran says banking activities pose greater threat
Decline of FoHFs saps due diligence efforts
Investment consultants accused of offering poor substitute to decent research
Special report: Cyber risk
A series of articles about cyber risk
Banks face cyber security overhaul as $1bn heist marks 'new era'
Firms must change procedures and train staff after Carbanak attacks
SEC report reveals chinks in managers' cyber defences
Broker-dealers better prepared than investment advisers
Cyber insurance targets wayward threat – as best it can
Questions over policy design and coverage blight nascent industry
Pending EU data law may trigger class action against firms, say lawyers
Group litigation will force boards to focus on cyber risk
Cyber risk insurers say back data has reached critical mass
Insurers can now sharpen forecasts and improve policies against cyber crime
US agencies shift from arrest to defence in cyberspace
FBI and Secret Service will focus on protection through FS-Isac, chiefs say
Financial firms must be prepared for cyber infiltration – panel
Focus needs to be on reacting, not stopping every threat
Top 10 op risks 2015: mis-selling
Unsuitable products have cost banks billions
Top 10 operational risks for 2015
Heavy regulatory costs and fragile systems will be problems in 2015
Data sharing platform unites banks against cyber crime
Community data sharing could change cyber risk protocol
Securing exits and vital targets key to cyber defence
Companies must prepare for inevitable intrusion, says RBS infosec head
Poor collaboration leaves banks open to cyber threat
DTCC highlights cyber danger with white papers and joint venture
Cyber gangs planning billion-dollar bank theft, police say
Criminals targeting one big hit rather than multiple smaller thefts
Driverless cars and 'digital exhaust' are emerging risks
Zurich CRO highlights three risks insurers will face in future
BCM exercises must be war games, not blame games
Benefits depend on "safe space" for mistakes and questions, seminar hears
Reinsurers risk lawsuits over uncertain cyber cover
Hiscox Re warns of poorly defined cyber risk in reinsurance coverage
Parallels between cyber and financial contagion risk
Increasing interdependency and opacity of technology systems poses major risk
Cyber security – another reason for data storage to go modular
Relational databases are hard to protect; modular storage allows encryption
Hedge funds face true cyber-risks
HFT attacks may be unlikely, but cyber-threats remain
Proposed bitcoin regulations 'unworkable' in current form
NYDFS proposes bitcoin regulations that experts say go too far
Taking the strategic view of cyber security
New sophisticated threats require flexible defence