2 ms·
True title: Financial institutions told to get their house in order before the next CrowdStrike strikes "Soon, many financial institutions in the UK will be fo
by chrisjj 2y ago
True title: Financial institutions told to get their house in order before the next CrowdStrike strikes
"Soon, many financial institutions in the UK will be forced by the FCA to become resilient to these kinds of events. The regulator's rules (PS21/3) governing third-party events like CrowdStrike's, requiring in-scope organizations to implement robust business continuity measures that mitigate the worst impacts of incidents like IT outages, came into force in March 2022. The deadline to become compliant – March 2025 – is fast approaching."