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November 13, 2016

DTCC Survey: Cyber Risks More of a Risk than Donald Trump to Financial Services

A new survey conducted by the Depository Trust & Clearing Corporation (DTCC) has found that cyber risks top the list of financial service concerns, but that geopolitical threats such as Brexit and the U.S. presidential nominee, Donald Trump, are not far behind.

The survey, Systemic Risk Barometer, by the DTCC found that cyber risks remained the number one overall risk with 22 percent stating that it is the single biggest threat to financial services while 56 percent of respondents ranking it within the top five.

While cyber risks remain the number one concern, the survey found that the top five risks have moved toward geopolitical concerns.

The remaining top [...]

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