Eiopa issues cyber warning

23/09/2014 06:48

EU financial regulator the European Insurance and Occupational Pensions Authority (Eiopa) has called on continental regulators to check that insurers and other financial institutions devote sufficient resources to protect against growing IT risks.

In its latest report on risks and vulnerabilities in the EU financial system, published today (22 September), the watchdog said that while most institutions were responding to growing IT-related operational risks, domestic regulators still needed to ensure firms were properly managing their digital environment.

Download the Report: