A consolidated view of cyber incident reporting from the Financial Stability Board.

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A consolidated view of cyber incident reporting from the Financial Stability Board. The Financial Stability Board is an international body that monitors and makes recommendations about the global financial system. It has consolidated the cyber incident reporting for Financial Institutions. To better understand supervisory and regulatory practices around cybersecurity, create a common language related to cyber through the development of a Cyber Lexicon and establishing a toolkit of effective practices for cyber incident response and
recovery.

One suspects that as cyber regulation develops such as the SEC proposal, EU DORA and NIS 2, cyber incident reporting will change. While we discuss cyber incident reporting, regulators are developing cybersecurity risk management regulations that require a different paradigm view over cyber resilience oversight and assurance.

Ted Dziekanowski Stephen Pitt-Walker, JD, FGIA Rachel V. Rose, JD, MBA

#cybersecurity #cyberriskmanagement #cyberregulation #cyberincidentreporting

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