UK watchdog tightens cyber incident reporting rules as attacks surge
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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 (Reuters) - 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% of cyber incidents reported to the Financial Conduct Authority in 2025 involved a third party, including high-profile outages at Cloudflare and AWS.
(Reporting by Yamini Kalia in Bengaluru)
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