Operational Resilience
Keep up to date on operational resilience issues ― so that a business doesn’t simply react to a crisis but adapts, recovers and thrives through disruption.
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9 results
Operational Resilience
UK’s largest banks paid customers £6.2 million after IT outages; January incident could see this double
The UK’s largest nine banks collectively paid their customers £6.2 million following IT failures in the past two years, according...
Operational Resilience
Risk managers should adapt their toolkits for social media shocks
Risks arising from or amplified by social media, such as negative sentiment, fraud or deepfakes, should prompt risk managers to...
UK Regulation
UK competition watchdog to have final say on big tech dominance of digital wallets
The Financial Conduct Authority (FCA) and the Payments Systems Regulator (PSR) are to leave the decision on whether to intervene...
Financial Crime
Ransomware’s return prompts UK to survey cyber insurance market
An increase in ransomware attacks has prompted the UK’s Department for Science, Innovation and Technology (DSIT) to commission a survey...
Financial Market Infrastructure
Resilience tops Bank of England’s priority list for FMIs
Operational resilience of the UK’s financial infrastructure will be a key focus of the Bank of England, as the March...
Operational Resilience
UK lawmakers demand details of banks’ IT glitches
The Treasury Select Committee has asked the CEOs of the UKʼs nine biggest banks to provide details on the “scale...
Regulatory Reporting
Missing identifiers biggest cause of failure in DORA data reporting dry run
Missing or invalid identifiers were the main reason for firms failing a data reporting dry run for the incoming EU...
Europe, Middle East, Africa
Countdown to DORA: Non-traditional finance firms face biggest challenge
The European Union’s Digital Operational Resilience Act (DORA) finally kicks in, to all intents and purposes on January 17, 2025....
