FSB consults on cyber attack ‘response and recovery’

“Efficient and effective response” is critical to minimising the financial stability impact, report says

cyber-crime33

The Financial Stability Board is consulting on a “toolkit” of measures designed to help ensure firms and regulators are well prepared to tackle cyber attacks.

The toolkit, published as part of a consultation today (April 20), comprises 46 “effective practices” for authorities to employ when working with financial firms for regulatory and supervisory purposes, or when responding to a “cyber incident”.

“Efficient and effective response to and recovery from a cyber incident by organisations in

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