IOSCO issues report urging members to use existing standards to tackle cyber risks (June 2019)

The International Organization of Securities Commissions (IOSCO) has issued a report on the three internationally recognized cyber standards used by its members, which urges authorities to continue using existing standards to address cyber risk. 

The report, which was prepared by the IOSCO Cyber Task Force (chaired by J. Christopher Giancarlo of the US Commodity Futures Trading Commission) was created with a view to raise awareness of cyber standards and to encourage the adoption of good practices. It is hoped that, by raising awareness of the core standards expected, members will review their cyber security processes and use the model to enhance their cyber regimes.