The three regulators that supervise the EU’s financial services have launched a public consultation on the proposed regulatory technical standards (RTS) for the Digital Operational Resilience Act (Dora).
Financial institutions within the EU, including asset managers, have been asked to take part in a training exercise ahead of the implementation of the Digital Operational Resilience Act.
The international insurance industry is targeting the digital assets world and launching a series of products to offer coverage to crypto investors and custodians.
Almost every financial institution based in Emea faced a surge in the cost of financial crime compliance in 2023, according to a recent study published by LexisNexis Risk Solutions.
Former Bank of Ireland executive Gary Delaney has been hired by global custodian BNY Mellon as its international chief information security officer (CISO).
Securities market participants should take greater collective and individual responsibility if they are to make the market more resilient and less susceptible to outages.
The head of JP Morgan’s asset and wealth management division has complained that the US bank is facing a rising number of cyber-attacks despite employing an army of technologists.
Speaking at the World Economic Forum in Davos, Mary Erdoes told delegates that the bank spends about US$15 billion on technology annually and employs 62,000 technologists, many of whom are employed solely in cyber security.
Cyber resilience looks set to be a major focus for Europe's financial regulators as the European Central Bank (ECB) announced its thematic stress tests for 2024.
Europe’s main securities regulator has elevated cyber risk and digital resilience to the top of its supervisory authorities for the coming year.
As many as 8 out of 10 financial services firms in the UK have suffered an API security incident in the last 12 months, according to a recent report.
