On cyber, FMIs seek to avoid being weapons of mass disruption

Controls focus on basic cyber hygiene, but communicating the risk remains a challenge

Jump to: Risk appetite | Controls | Reporting | Mini-methodology

Resilience may be the new watchword for the world’s largest exchanges and clearing houses – the generalised ability to repel or rebound from any calamity – but there are some bugbears so horrible that they demand more specific attention. One of these is the threat of a crippling cyber attack that identifies the firm as a weak link in the markets it serves – or, worse, becoming the conduit for a system-wide assault.

Resilience risk

FM