UK firms must adopt security-led approach: Panaseer CEO
UK financial firms must now adopt a security-led approach to their assets, dependencies, and risks to demonstrate they can recover within defined impact tolerances, following the enforcement of the FCA and PRA’s operational resilience rules for critical third parties (CTPs) on March 31 2025, says Panaseer CEO Jonathan Gill.
The rule mandates that UK financial firms – including banks, insurers, and investment firms – ensure critical services remain operational during disruptions.
The FCA has previously cautioned that many firms fail to identify essential services or assess risks to vulnerable customers.
Panaseer is a cybersecurity automation and data analytics company that supports organizations in preventing avoidable security breaches.
Read the full article on msn today.
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