Japan FSA publishes report on IT resilience in finance

The analysis compiles system outage case studies at financial institutions and the regulator’s work on cybersecurity and IT governance.

Summary

Japan’s Financial Services Agency published an analysis report on IT resilience in the financial sector, bringing together its review of system failures at financial institutions and its work and assessments on cybersecurity and IT governance. The report is intended to frame operational resilience in finance, a growing focus for regulators as firms face rising cyber risk and the need to keep critical services running during disruptions.

Terms & Concepts
  • IT resilience: Ability to withstand and recover from IT disruptions
  • cybersecurity: Protection of systems, networks, and data from attacks
  • IT governance: Framework for oversight of technology decisions and controls