This infographic from the FCA covers how cyber attacks are increasing in number, scale and sophistication, and pose a threat to all financial services firms. They expect you to be able to protect the sensitive information you hold.
Is your firm capable of defending itself against cyber attacks?
They list the effective elements of cyber security practice as:
- Managing risk
- Encryption
- Disaster recovery
- Network & computer security
- User & device credentials
- Awareness
- Accreditation
- Information sharing