Cybersecurity

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Industry Working Group explores data protection and validation as cyber threats continue to evolve

Industry Working Group explores data protection and validation as cyber threats continue to evolve

An independent Industry Working Group (IWG) sponsored by the CPMI-IOSCO Working Group on Cyber Resilience (WGCR), including representatives from The Depository Trust & Clearing Corporation (DTCC), Euroclear, the Federal Reserve Bank of New York, LCH, TMX Group and the Reserve Bank of Australia, today issued a whitepaper that explores data protection and validation as the cyber threat landscape continues to evolve. 

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Saxo Bank becomes first bank to earn a Cloud Security Alliance (CSA) STAR Level 2 for its investment infrastructure as a service offering

Saxo Bank becomes first bank to earn a Cloud Security Alliance (CSA) STAR Level 2 for its investment infrastructure as a service offering

Saxo Bank, an online trading and investment specialist, is the first licensed bank and financial institution in the world to receive the Cloud Security Alliance (CSA) Security, Trust & Assurance Registry (STAR) Level 2 Attestation and Trusted Cloud Provider accreditation.

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FCA data breach reports down 30 per cent despite UK cyber incidents increasing by 56 per cent

FCA data breach reports down 30 per cent despite UK cyber incidents increasing by 56 per cent

Kroll, a provider of services and digital products related to governance, risk and transparency, has revealed the number of data breaches reported to the FCA fell by 30 per cent between 2019-2020. This is a direct contradiction to Kroll’s own data which, looking at all industries, showed a 56 per cent average rise in incidents over the same timeframe, with the financial services industry being slightly above that average.