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Bank of England, PRA and FCA look to bolster operational resilience in finance sector

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....
Posted On 06 Dec 2019
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Businesses Branching Out: Recognising 50 Shades of Brexit

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...
Posted On 05 Dec 2019
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‘How to Hire a Great Chief Risk Officer’ addressed by all-new IRM guidance

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...
Posted On 15 Nov 2019
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Egress Survey: “Human error remains primary cause of personal data breaches”

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...
Posted On 26 Aug 2019
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Mitie Security acquires security tech specialist Global Aware International Group

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...
Posted On 05 Aug 2019
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‘Tools of the Trade’: Hints and Tips for Working in Risk Management

What’s it really like to work in the field of risk management? In conjunction with the Institute of Risk Management (IRM), Risk Xtra continues its new series of articles running under the banner ‘Tools of the Trade’ in which we ask practising professionals to offer their handy...
Posted On 26 Jul 2019
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Barracuda study indicates e-mail attacks exerting “major impact” on businesses

Barracuda, the provider of cloud-enabled security solutions, has released the key findings from a report entitled ‘2019 e-mail Security Trends’. Commissioned by the company, the research surveyed global IT stakeholders to capture their experiences and attitudes about...
Posted On 25 Jul 2019
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IBM Security study highlights 12% escalation in data breach costs post-2014

IBM Security has announced the results of its annual study examining the financial impact of data breaches on today’s organisations. According to the report, the cost of a data breach has risen 12% over the past five years and now costs $3.92 million on average. These...
Posted On 24 Jul 2019
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Latest 1E data shows most companies “far behind” on Windows 10 migration

With the end of Windows 7 support looming large on the horizon, new data from endpoint management and security company 1E shows that many companies remain significantly behind in completing their Windows 10 migration. With just over 68% of endpoints converted, the lagging process...
Posted On 23 Jul 2019
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NTT Report: “Cyber attacks ranked as top business issue across next 12 months”

UK organisations are failing to make progress towards strong cyber security and “facing paralysis” as cyber criminals become more advanced. These are the stark conclusions drawn from the findings of the 2019 Risk:Value Report – ‘Destination Standstill. Are You Asleep...
Posted On 26 Jun 2019