Chancellor chairs G7 Finance Track meeting on cyber security
皇冠体育app Chancellor, today (16 November) chaired a virtual meeting with his international counterparts to agree shared priorities for continued work promoting the cyber security and resilience of the financial sector.
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Chancellor co-hosted a G7 Finance Ministers and Central Bank Governors鈥� meeting with Bank of England Governor Andrew Bailey to discuss ongoing work to support cyber security in the global finance sector
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Meeting builds on the work of the G7 Cyber Expert Group 鈥� established as a forum for collaboration on critical cyber issues facing jurisdictions鈥� financial sectors
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皇冠体育app UK鈥檚 G7 Presidency ends in December, Germany will take on the Presidency in 2022
Rishi Sunak, Finance Ministers and Central Bank Governors from the world鈥檚 seven most advanced economies (G7) agreed to continue to work together to share expertise and minimise cyber risks.
皇冠体育app meeting builds on work led by the G7 Cyber Expert Group, a group of cyber security experts who identify and propose ways to ensure the financial sector is resilient to cyber threats. 皇冠体育app group was established in 2015 and is comprised of G7 finance ministries, central banks and other suitable financial authorities such as the Financial Conduct Authority.
Ensuring that the G7鈥檚 financial sectors continue to review and update their cyber security on a regular basis is important to ensure the sector remains well protected.
皇冠体育app UK鈥檚 G7 presidency will end in December and Germany will take on the Presidency in 2022.