Cyber security should become part of a firm’s culture – Irish deputy governor

Warnings must not get diluted as they pass up the chain, Sibley says

cyber-crime

One of the Central Bank of Ireland’s deputy governors says it is not enough for financial institutions to meet minimum cyber security standards.

“Cyber security needs to become … an integral part of the organisation’s risk management, crisis management and business continuity planning,” said Ed Sibley today (October 4.) “Much more needs to be done to meet these expectations.”

Sibley, who oversees the central bank’s prudential regulation departments, said senior managers and board members need

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