Cyber risk
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OCC’s Semiannual Risk Perspective report notes key risks for banks
In its report, the OCC highlighted credit, market, operational, and compliance risks, diving specifically into the cyber, AI, and geopolitical risk areas.
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UK announces cyber action plan to tackle threats to public services
Ministers believe investing in cybersecurity apparatus is necessary to protect the UK against threats from state and non-state actors at home and abroad.
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GRIP Forecast 2026 – Cybersecurity and the Cloud
The GRIP team assesses cybersecurity and the threat landscape for 2026.
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UK cyberattacks led to record insurance payouts in 2024
UK government and insurers urge businesses not to ignore cyber risks, as major retailers try to recover from a string of costly cyber attacks this year.
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Geopolitical tension a key risk driver for 2025 and beyond
ESMA’s report highlights cyber and hybrid threats, equity and crypto valuations as key risk areas, but points to market resilience and increased investor confidence.
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ASIC takes Fortnum Private Wealth to court over alleged cybersecurity failures
Regulator sends signal of intent with allegation that cybersecurity policies, frameworks, systems and controls were inadequate.
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New measures to ban UK institutions from paying ransom to hackers
The measures are intended to protect public services.
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FCA work in review: June 5-11, 2025
Our at-a-glance guide to a busy week of FCA activity.