home/dictionary/cyber risk management

cyber risk management

nouncandidate·updated May 9, 2026

The process used by an FMI to establish an enterprise-wide framework to manage the likelihood of a cyber attack and develop strategies to mitigate, respond to, learn from and coordinate its response to the impact of a cyber attack. The management of an FMI’s cyber risk should support the business processes and be integrated in the FMI’s overall risk management framework.

Framework senses

CPMI-IOSCO Guidance on Cyber Resilience for Financial Market Infrastructures1 senseview framework →
§1
The process used by an FMI to establish an enterprise-wide framework to manage the likelihood of a cyber attack and develop strategies to mitigate, respond to, learn from and coordinate its response to the impact of a cyber attack. The management of an FMI’s cyber risk should support the business processes and be integrated in the FMI’s overall risk management framework.