Financial Services

Sean Sutton has been appointed as cyber security partner at PwC UK, and will be based at the firm’s new Birmingham home at One Chamberlain Square. A former managing director for Accenture’s UK and Ireland cyber security business, Sutton brings over 16 years’ direct experience.…

Global conflict, bush fires, flooding and political unrest. These are just some of the key issues unearthed as a result of the Institute of Risk Management (IRM) asking its senior members what their risk predictions are for 2020. In Part 3 of Risk Xtra’s comprehensive…

Bitglass has released its 2019 Financial Breach Report: The Financial Matrix. Each Year, Bitglass analyses the latest trends, the biggest breaches and the foremost threats facing financial services organisations. This year’s study finds that only 6% of all breaches in 2019 were suffered by financial services…

Financial services event Sibos recently ran in London, with the theme for 2019 being “Thriving in a hyper-connected world”. The market has long demanded quicker and more convenient payment methods, and the industry is now answering with ubiquitous payments, but at what cost, asks Sundeep…

Infosecurity Europe has asked its community of C-Level security professionals what they think the year ahead has in store. The list includes a range of challenges, opportunities and broader trends across technology, business and the world. Many of the participating CISOs have highlighted the risks presented…

The Bank of England, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have published a shared policy summary and co-ordinated consultation papers on new requirements designed to strengthen operational resilience in the financial services sector. Building the operational resilience of firms and…

Whether you’re for it or against it, the reality for many businesses wishing to trade within Europe in a post-Brexit world is that a mainland European outpost might be needed. Many large financial services organisations have already relocated staff away from the City of London…

The Institute of Risk Management (IRM) has released new guidance on hiring for the most senior risk positions. The organisation also remarks on a shortage of candidates for senior level positions and calls on organisations to ensure that their professional development schemes and succession plans…

Figures obtained via a Freedom of Information request and subsequently released by Egress, the provider of people-centric data security solutions, highlight rather concerning statistics on human error remaining the main cause of personal data breaches. The figures show that, of the 4,856 personal data breaches…

Mitie Security has acquired the Global Aware International Group (GAIG), the provider of niche intelligent software and security solutions, for an undisclosed sum. This move further accelerates the growth of Mitie’s premium technology-enabled and intelligence-led security solutions and bolsters its credentials in providing truly connected…