UK watchdog tightens cyber incident reporting rules as attacks surge
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London, Britain March 10, 2022. REUTERS/Toby Melville
March 18 : Britain's finance regulator confirmed new incident and third-party reporting rules on Wednesday, giving firms 12 months to prepare for clearer requirements aimed at strengthening resilience against cyber attacks and third-party disruptions.
The new rules, which take effect on March 18, 2027, come after over 40 per cent of cyber incidents reported to the Financial Conduct Authority in 2025 involved a third party, including high-profile outages at Cloudflare and AWS.
Source: Reuters
