What the Cyber Security and Resilience Bill means in practice

Managing cyber compliance in financial services

clock • 4 min read

Mike Perez delves into the Cyber Security and Resilience Bill and urges firms to start assessing the legislation now, not when it finally lands

It should not surprise us all now to state that financial advice and wealth management firms are an attractive target for threat actors. ShinyHunters, the extortion-focused hacking group linked to breaches at US-based advisory firms Mercer Global Advisors and Beacon Pointe, is a recent example of how directly that attention is being directed at the sector. The group has been linked to several high-profile breaches and is known to US and foreign authorities and millions of records from both firms have since appeared on the dark web. Organised international cybercrime has reached thi...

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