Cybersecurity arrangements at Asset Management firms

On 10th March 2020 the Central Bank of Ireland published findings from Inspection of cybersecurity risk management at Asset Management firms. The Inspection identified that some firms have made good progress in strengthening their cybersecurity risk. However Inspection also found that many weaknesses highlighted in the Central Bank’s 2016 Cross Industry Guidance on IT and cybersecurity risks are still prevalent three years later. Click here to read the relevant CBI press release.