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Huge jump in cyber incidents reported by financial services firms
Steven Snaith

01 July 2019

New data obtained by RSM under a freedom of information request has revealed that financial services firms reported 819 cyber incidents to the Financial Conduct Authority in 2018, a huge rise on the 69 incidents reported in 2017.

Peter Allen

Partner, Co-Head of Financial Services

Peter co-leads RSM’s UK financial services sector. The FS sector has expertise in private equity, asset and hedge fund management, insurance, banking and fintech: services include audit, tax, corporate finance, restructuring, outsourcing, risk, regulation and internal audit. Peter himself has spent thirty seven years in and advising the London and global insurance market and delivers client engagements in corporate finance, strategy, regulation and governance.

What we found (part one) – the people challenges

07 February 2019

Our financial services survey on General Data Protection Regulation (GDPR) compliance found that financial services firms aren’t fully confident in their DPO or resource.

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GDPR compliance in the financial services sector

07 February 2019

To gain insight into how the financial services sector is managing ongoing GDPR compliance the financial services team at RSM recently conducted a survey in the sector to take the pulse in relation to level of confidence in key areas. Over the coming weeks we will be sharing insights from our GDPR experts on the key findings.

Reported cyber-attacks against financial services firms rise by 80 per cent in the last year
Jan Hameed

29 January 2018

The number of cyber-attacks against financial services companies reported to the Financial Conduct Authority (FCA) has risen by more than 80 per cent in the last year.

Steven Snaith

Partner

Steven has over 18 years’ experience in cyber security and IT audit.

Financial services

Our financial services industry experts can guide you through UK or international regulations.

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