Chris Davies: Practical steps to curb cyber-security risk

As we have seen with the Covid-19 pandemic, resilience is a key strategy and concern for the Financial Conduct Authority. There are two key areas here: financial and operational resilience. What is often overlooked where operational resilience is concerned is cyber-crime. In its recent paper Cyber-security - industry insights, the FCA is clearly keen to ensure retail investment advice firms (RIAs) engage in good governance practice in this area. The paper covers some important strategy that can easily be employed across: Governance and risk management: Taking a top-down approa...