Compliance is the top cyber challenge for UK financial services, as cited by 44% of surveyed firms. Key issues include data protection, remote work support, and cloud security. The EU's DORA regulation, effective January 2025, highlights the need for robust cyber resilience. Supply chain attacks take the longest to respond to (16 hours), with significant concerns about threats from nation-states. A third of firms are using AI in cybersecurity, viewing AI-powered phishing as a major threat (89%).
https://www.infosecurity-magazine.com/news/compliance-cyber-challenge-uk/