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Cybersecurity › Risk Management › United Kingdom

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +
Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now.   less -
A&O Shearman

Bank of England's FPC publishes July financial stability report

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The Bank of England's Financial Policy Committee (FPC) has published its July financial stability report alongside the record of its 27 June meeting. After assessing the risks to the UK financial system, the FPC reports that...more

A&O Shearman

PRA thematic findings from the 2024 Cyber Stress Test

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The Bank of England and the Prudential Regulation Authority (PRA) have released a letter to PRA-regulated firms and relevant financial market infrastructure (FMIs) outlining the thematic findings from the 2024 Cyber Stress...more

Latham & Watkins LLP

Charting the Future: Regulatory Milestones and Opportunities in AI, Online Safety, Cybersecurity, and Data Governance in the EU...

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The technology and digital regulatory environment in the EU and the UK is experiencing significant evolution in 2025 and beyond. These legal developments present both significant opportunities and complex compliance...more

Womble Bond Dickinson

The ICO’s Penalty Against 23andMe Brings New Emphasis on Cybersecurity Risks - Key Takeaways for U.S. Companies

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The dramatic increase in global reach that the internet provides U.S.-based companies comes as a double edge sword. While it significantly increases a company’s potential customer pool, it also subjects companies to...more

Fox Rothschild LLP

Best Practices for Securing Data Used to Train and Operate AI Systems

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The National Security Agency’s Artificial Intelligence, Security Center (AISC), together with the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), the Australian Signals...more

A&O Shearman

CMORG AI Taskforce releases comprehensive AI Baseline Guidance

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The Cross Market Operational Resilience Group's (CMORG) AI Taskforce has released its AI Baseline Guidance Review (dated January 2025), accompanied by a press release. The CMORG AI Taskforce conducted a baseline review of...more

Alston & Bird

UK Publishes Software Security Code

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Cyber security supply chain risks are growing, and attacks on vendors and other third parties cause severe disruption to businesses. For example, in recent years we have seen many incidents that have involved threat actors...more

A&O Shearman

Operational resilience in banking: from regulatory compliance to strategic priority

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As regulatory frameworks tighten and cybersecurity threats grow in complexity, operational resilience is, now more than ever, a boardroom challenge for banks....more

A&O Shearman

FSB publishes finalised format for FIRE framework

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The Financial Stability Board (FSB) has published its finalised Format for Incident Reporting Exchange (FIRE), together with a press release and updated webpage. FIRE provides a standardised format for financial institutions...more

A&O Shearman

UK Financial Stability in Focus report: AI in the financial system

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The Financial Policy Committee (FPC) of the Bank of England (BoE) has published the Financial Stability in Focus report on AI in the UK financial system. The FPC considers the potential benefits of AI with its growing...more

Alston & Bird

UK Government Publishes Cyber Governance Code of Practice for Boards and Directors

Alston & Bird on

On April 8, 2025, the UK government published the Cyber Code of Practice (the “Code”) to support board directors in governing cybersecurity risks. The Code is available online. The UK’s data protection regulator is actively...more

A&O Shearman

The UK’s Online Safety Act (OSA): What you need to do now

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We are now on the first stop – illegal harms – of Ofcom’s (the UK’s online safety regulator) roadmap for what online providers must do to comply with the OSA. - By March 16, 2025, in-scope services must assess the risk of...more

King & Spalding

EU & UK AI Round-up

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The first EU & UK AI Round-up, published on 15 January 2025, discussed the important regulatory updates affecting the AI ecosystem in both the EU and the UK that occurred towards the end of 2024. Notably since that update,...more

Womble Bond Dickinson

Cybersecurity in the Nuclear Industry: US and UK Regulation and the Sellafield Case

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This is the fifth article in Womble Bond Dickinson’s Energy & Natural Resources thought leadership series titled “Going Nuclear: A Sustainable Solution to Rising Energy Demand.” The series will explore the changing landscape...more

Morrison & Foerster LLP

European Digital Compliance: Key Digital Regulation & Compliance Developments - February 2025

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To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more

Hogan Lovells

The regulation of FMI - The Bank of England’s priorities for 2025

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The Bank of England has outlined its priorities for 2025 in the regulation of Financial Market Infrastructure. In a speech given on 10 February 2024, the Bank of England (the “Bank”) outlined its priorities for 2025 in the...more

White & Case LLP

Ransomware Payments: New legislative proposals in the UK

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On 14 January 2025, the Home Office opened a public consultation (the "Consultation") on proposals seeking to address the growing threat and impact of ransomware in the UK. The UK Government details three specific proposals...more

BCLP

Cybersecurity Risks for Financial Services Firms: Proactive Strategies to Stay Ahead

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The 2024 CrowdStrike outage and the ransomware attack on NHS partner Synnovis hit mainstream news and highlighted the fragility of ICT supply chains and the risks posed by cyber incidents....more

A&O Shearman

Pensions: what's new this week - January 27, 2025

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Welcome to your weekly update from the A&O Shearman pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. Auto-enrolment trigger and earnings band to remain unchanged...more

A&O Shearman

UK Financial Conduct Authority portfolio letter for credit reference agencies and credit information service providers

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The U.K. Financial Conduct Authority published a portfolio letter setting out its supervisory strategy for credit reference agencies and credit information service providers. In the letter, the FCA sets out its priority areas...more

Sheppard Mullin Richter & Hampton LLP

Sheppard Mullin’s 2024 Eye on Privacy Year in Review

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It is hard to believe that another year is upon us! As we have done in years past (including 2023, 2022, 2021, 2020, 2019 and 2018), we have created a comprehensive resource of all our www.eyeonprivacy.com posts from 2024. As...more

Hogan Lovells

UK Insurance Horizon Scanner - January 2025

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DATE DETAILS 1 January Critical third parties: Final rules and policy on critical third parties set out in the joint policy statement of the PRA and FCA (PS16/24 and PS24/16) came into effect. Certain requirements are subject...more

A&O Shearman

Regulatory monitoring - December 2024

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1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) International - FSB: Plenary December 2024 - Status: Final - The FSB has set out the outcomes of its Plenary that met on 3 and 4 December. Points of...more

King & Spalding

EU DORA: Are you in scope, and if so, how can you prepare?

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The Digital Operational Resilience Act (DORA) establishes a harmonised and comprehensive framework for information and communication technology (ICT) risk management in the financial sector. It is a directly applicable EU...more

Perkins Coie

UK Online Safety Act: A Look Ahead

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Ofcom, the U.K. Online Safety Act (the Act) regulator, released an updated roadmap on the timing of obligations for covered services on October 17, 2024. The Act was passed in October 2023 and introduces new legal obligations...more

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