Cyber security
Ghana’s central bank ramps up cyber effort
Central bank launches new directive and security operations centre
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
People: Mexico appoints board member
Jonathan Heath to join Bank of Mexico board; new deputy governor in Solomon Islands; Google’s Julien Blanchez to head Swift data analytics
IT failures reveal vulnerabilities in UK banking system
Barclays and NatWest are latest victims of internal failure
Report says financial firms may be ‘overconfident’ about cyber
Accenture’s research shows only around 20% of firms are making improvements to IT security
Cyber crime potentially biggest risk to Danish banks, central bank says
Central bank study finds most financial institutions have reinforced their security since 2016
Sarb’s Groepe says cyber security must be adaptable to changing landscape
It is “essential” for financial institutions to have “agile and responsive” practices in place, deputy says
Central Bank of the Philippines gets mandate to regulate payment systems
Payment systems could be placed on blacklist if they pose a risk to the financial system
Kenyan central bank toughens cyber security standards
Regulator issues minimum standards for cyber security for payment system providers
The battle for cyber resilience
The cyber attack on Bangladesh Bank prompted central banks around the world to change their approach and refocus on contingency planning, but are they ready now?
ECB unveils guidelines for hiring ‘ethical hackers’
“Tiber-EU” framework designed to help financial institutions toughen cyber defences
Bank of Israel begins push for open banking
Regulation of APIs designed as part of several measures to promote banking sector competition
Central bank cyber security: a weak link in the financial system?
Disgruntled hackers are targeting central banks, whose cyber defences may not be up to the test
UK regulators review financial firms’ operational resilience
Firms must ensure processes can be maintained after disruption - regulators
Bahamas central bank traces website breach to third party
Central bank says no personal data was taken but some administrator credentials were included in stolen data
BoE to defend post-crisis regime through ‘running repairs’
Capital regime will need to evolve to stay on top of risks, says Victoria Saporta; BoE set to unveil details of operational resilience requirements
Russia changes security operation, makes senior appointments
Bank of Russia deputy governor appointed and monetary policy head retires
FSB outlines ‘cyber lexicon’
Group hopes common language will aid cross-border efforts to tackle cyber threats
BoE to launch ‘cyber stress tests’
Firms will be expected to demonstrate they can recover from a breach within an agreed timescale, or face an intervention from supervisors
South African central bank puts cyber security on strategic agenda
Sarb says it has put “base infrastructure” for security incident technology in place
Central bankers share vision for ‘business as usual’ big data
Panellists offer advice on how to build the infrastructure for good data governance
PRA official says financial system must become more cyber-resilient
Firms now view cyber as one of the biggest risks to their operations; regulators must outline what they expect from firms in terms of resilience
Bank of Finland working on payments backup system
Board member says Finland must be able to maintain control of “critical infrastructure” should disruptions occur
Blockchain-based payment systems lack ‘capacity and efficiency’ – DNB
DNB tests show blockchain improving security but increasing costs and slowing speed