FINMA's Cyber Risk Supervision: What You
Need to Know and Do

On 7 June 2024, the Swiss Financial Market Supervisory Authority (FINMA) released its Cyber-Risk Guidance 03/2024 summarising key findings from its cyber risk supervisory activities and clarifying the reporting obligations for cyber attacks. The Cyber Risk-Guidance expresses FINMA's interpretation of applicable law and should therefore be complied with by supervised institutions. Our latest briefing: Analyses the implications of the Cyber Risk-Guidance for supervised institutions Provides practical recommendations on how to comply with the regulatory requirements and manage cyber risks effectively