( December 10, 2018, 10:54 GMT | Official Statement) -- MLex Summary: Wholesale banks and asset-management firms must take proactive steps to foster a security-centric culture in their companies, the UK’s Financial Conduct Authority has said, after its review of the sector found that company boards have a limited familiarity with the specific cyber risks their organizations face. The FCA said too many companies see cybersecurity as an IT issue, rather than an organization-wide priority. While many firms recognize the range of threats they are exposed to, some fail to fully understand the consequences, the authority said.The statement follows....
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