Personal Finance

Digital, Tech and Cyber

The landscape for digital, technology and cyber security is changing rapidly and remains a key area of focus for businesses of all sizes and from all sectors

The speed and scale of digital and technological transformation across the sector shows no sign of slowing. Automation, the shift to cloud and the adoption of Artificial Intelligence present huge opportunities but innovation can also present challenges, whether through the potential loss of data or the threat posed by cyber-attacks.

The Digital, Tech & Cyber team aims to tackle these issues and more, such as data privacy and the emerging area of data ethics, and operational resilience and the supply chain risk that is developing with increasing outsourcing and interdependencies within the sector.

UK Finance is also at the forefront of industry initiatives to coordinate the sector’s response to cyber incidents and threats, by promoting a public / private partnership to improve the cyber resilience of all firms in the sector. We represent members as they navigate cutting edge and developing issues, and engage with policymakers, regulators and government in the UK and internationally to ensure that UK financial services benefit from the opportunities offered by technological innovation.

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Cyber security is high on the agenda, as is the need to collaborate by sharing cyber intelligence across the sector

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