58% of UK CISOs report that regulations put enhanced pressure on their wellness.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025
ComplianceRegulationWellness
47% of financial and banking organisations in the UK have reportedly spent more than one million euros over the last two years on implementing regulations such as DORA and PRA.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025
DORAPRAFinancialBanking
79% of UK CISOs report that the implementation of regulations has had an impact on their mental health.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025
ComplianceMental healthRegulation
77% of UK CISOs feel that their IT budget is not completely reflected by their board’s objectives to meet regulatory requirements.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025
ComplianceBudgetRegulation
One in five (20%) of CISOs cited third-party compromise as posing significant threats to security.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025
Third-party compromise
Nearly three-quarters (73%) of UK CISOs feel that their client, customer, partner and employee PII is secure in cloud environments.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025
CloudPII
28% of financial and banking organisations in the UK have reportedly spent between €501,000-€1,000,000 on implementing regulations such as DORA and PRA.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025
DORAPRAFinancialBanking
Ransomware remains the greatest threat (46%) to financial organisations.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025
RansomwareFinancial
19% of CISOs cited software supply chains as posing significant threats to security.
RubrikCyber Security Regulations Are Breaking the Bank for UK Financial Service Organizations ·Jan 1, 2025