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cyber risk

  • FCA tightens cyber reporting rules as UK firms face rising risk

    Tech

    The City watchdog has moved to tighten cyber and operational resilience rules for financial firms, as attacks grow more frequent and increasingly spread through third-party providers. The Financial Conduct Authority (FCA) confirmed new requirements to standardise how firms report incidents and manage third-party risks, in a bid to improve visibility over disruptions ranging from cyber [...]

    The ICO said it initially planned to fine Capita a total of £45m, but this was later reduced by “mitigating factors”

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