Banking Regulator: Beef Up Security in Covid-19 Remote Working Era

The OCC security controller warns that cybercriminals are exploiting the wider attack surface created by remote working.

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Financial services firms are being urged to bolster their security infrastructure and practices as cybercriminals seek to exploit vulnerabilities in remote working setups. Experts fear that as millions of financial services employees around the world are conducting business from home, cyber attackers are looking to target weak points in firms’ IT stacks, third-party devices, and networks.

Kevin Greenfield, deputy controller of operational risk at the US Office of the Comptroller of the Currency

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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