Technology / Why cyber risk management is becoming increasingly important for the LSE

Why cyber risk management is becoming increasingly important for the LSE

Cyber risk management is becoming increasingly important for the London Stock Exchange, according to its head of risk.

"I think the pushes from the greater use of technology, through our members and through ourselves in a highly technological environment, have meant the frameworks have had to move and adjust with that, and regulation is also influencing a lot of those changes within our group," said Graham Davies, group head of operational risk at the London Stock Exchange.

Speaking at The European Information Security Summit 2016, he said cyber risk was one of a number of areas that have changed dramatically in the world of finance in recent years.

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