Article
Envoyé: 23 April 2018
Regulators have recently voiced concerns over the increase in firms utilising the opportunities afforded by outsourcing services to cloud based providers. The European Securities and Market Authority (ESMA) published a report in April 2018 on the Risks and Vulnerabilities in the EU Financial System, in which ESMA flags ICT risks as one of four main areas of concern. Similarly, the Financial Conduct Authority (FCA) has listed data security, resilience and outsourcing as one of its focus areas for the coming year in their most recent business plan.