FCA Launches cyber security guide in wake of cyber attacks

FCA’s guide can be found here.

FCA has designed the guide to help firms, particularly smaller businesses, become more resilient to cyber attacks and to respond appropriately to cyber incidents.

FCA has seen a significant increase in the number of material cyber incidents reported to it over the last three years: from five incidents in 2014, to 90 incidents in 2016. This trend shows no sign of slowing down.