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As we approach the critical regulatory deadline of April 2025, financial organisations in the UK are focussed on demonstrating how they are addressing the UK’s Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) Operational Resilience Regulations...
As 2024 begins it is always worth reflecting on what has been, and what is to come. January is named after the roman god Janus after all, the god of transitions and beginnings. ...
In April 2018, TSB attempted one of the largest and most challenging IT migrations; moving from a Lloyds Banking Group banking platform to a platform operated by SABIS, an IT provider owned by their new parent company Sabadell. The migration resulted in one of the...
We are coming up to 2 full years since the Operational Resilience policies from the UK regulators hit the street. IBS and Impact Tolerances are now established and many firms are focusing their efforts on scenario testing. Read our latest article from our Managing Director,...
Backup and recovery should be a critical part of every organisation’s cyber resilience. The interest and focus on cyber within the C-Suite has shown a much-needed shift from the traditional view that cyber security should be a technical control dealt with by the IT department,...
The highly interconnected nature of the financial services sector renders the challenge posed by third-party and supply chain resilience acute. In this latest article, we consider certain key strategies the sector might adopt to address these concerns and how these might help UK financial institutions...
In this month’s newsletter: as the EU Commission’s draft Digital Operational Resilience Act (DORA) consultation approaches finalisation, we take a look at what DORA means for firms and consider how it relates to other resilience regulations such as the v/FCA’s Operational Resilience Framework. We also...
In this month’s newsletter, we take a look at the cyber activity that’s played out in the conflict in Ukraine thus far and consider what this might mean for organisations in the West. We also cast an eye over Samsung’s recent string of cyber issues,...
In our latest bulletin, we reflect on the lessons we've learned whilst developing and implementing Operational Resilience scenario testing programmes for our financial services clients. Amongst other things, we consider good practice methodology, some commonly made mistakes, and what to expect from the next phase...
In our February Bulletin, we share some of our takeaways from the UK Government's ambitious new National Cyber Strategy, launched in December....