The FCA has published a webpage advising firms to review newly published guidance from the UK National Cyber Security Centre (NCSC) with respect to the recent ransomware attack. The attack involves the “WannaCry” malware encrypting files and providing users with a ransom demand, countdown and a bitcoin wallet for payment of the ransom. The NCSC […]

On 22 September 2016, the FCA published a speech (dated 21 September 2016) by Nausicaa Delfas, FCA Director of Specialist Supervision, on the FCA’s supervisory approach to cyber security in financial services firms. In her speech, Ms Delfas emphasises that cyber security be a shared interest and responsibility for firms and the FCA. The FCA […]