Security Alliance is pleased to announce that Rob Dartnall our Director of Intelligence will be chairing the 5th Annual Financial Services Cyber Security Forum in London.
Date: 13th September 2018
Location: Grange Tower Bridge Hotel 45 Prescot Street, London, E1 8GP
With global cybercrime costs potentially reaching £5 trillion by 2021, the financial services industry remains the main target for cyber security criminals all over the world and especially in the UK, the leading international financial centre. Figures from the Financial Conduct Authority show that reported data hacking attacks against financial services companies quadrupled in 2017. The National Cyber Security Centre recorded over 1,100 reported attacks, with 590 regarded as significant last year. Thirty of these incidents required action by government bodies, a large number of which were targeted at financial sector organisations.
Over the last four years, the City authorities have regularly supported this event. This year’s conference will be opened by Lyndon Nelson, Deputy CEO & Executive Director, Regulatory Operations and Supervisory Risk Specialists, Prudential Regulation Authority. His keynote speech, “Setting the right expectations for operational resilience”, will focus on the joint discussion paper on this topic that has just been published by the Bank of England, PRA and FCA.
This paper will set out the supervisory authorities’ objectives for operational resilience; the potential for additional policy making; the potential for revising existing policy; and the supervisory authorities’ views on clarifying the responsibilities of firms and FMIs’ boards and senior management. These standards, which are the PRA’s top priority, will set out the regulator’s expectations for the operational resilience that it expects of financial institutions and how it will make sure that they are delivered.
Security Alliance is an intelligence-driven cyber security consultancy made up of conventional intelligence and cyber intelligence professionals with military, agency, law enforcement and technical backgrounds. We blend deep technical expertise with traditional intelligence methodologies to help organisations make better security decisions.