FINMA issues new guidance on cyber-attacks reporting   With reference to cyber attacks, the protection of individuals (i.e. creditors, investors and insured persons) and the proper functioning of the financial markets directly or indirectly impacted by a cyber attack are of substantial importance. FINMA’s primary focus here is on the critical functions of supervised institutions...
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At its annual media conference today, the Swiss Financial Market Supervisory Authority FINMA highlighted the importance of its institutional independence and the fact that it is integrated into a controlled environment governed by the rule of law. FINMA also explained how it is supporting technological change in the financial sector by enabling innovation and consistently...
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Questions and answers Why does the EU need to take action on cybersecurity?  Since 2013, the technological and security landscape in the European Union has changed at a very fast pace. Digital technologies are now an integral part of our daily life and the backbone of our economy. The Internet of Things revolution has become...
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Nearly seven in ten large companies identified a breach or attack, new Government statistics reveal Firms holding personal data more likely to be attacked Most common attacks were fraudulent emails, followed by viruses and malware Businesses large and small are being urged to protect themselves against cyber crime after new Government statistics found nearly half of...
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