Cyber Security - Legal Challenges, Regulations & Best Practices for Financial Services

Introduction

Cyber threats are hitting financial services harder than ever. The financial services sector faces an unprecedented level of cyber risk, with over half of UK financial services institutions reporting at least one third-party supply chain attack in 2024 and 23% being targeted three or more times.

Financial institutions face a barrage of increasingly sophisticated cyberattacks from ransomware that holds data hostage, complex supply chain breaches, and threats amplified by AI. This webinar will look at new regulations like the forthcoming UK Cyber Security and Resilience Bill which will bring greater pressure, alongside the ongoing demands of GDPR and DORA. Staying ahead requires a continuous and proactive evolution of defences.

This webinar will provide you with practical insights into navigating the complexities of the evolving regulatory framework, breach scenarios and legal exposure, and key governance frameworks.

What You Will Learn

This short webinar will cover the following:

• Scale and nature of cyber threats faced by financial institutions including recent high-profile breaches
• The key legal frameworks:
• DPA 2018 & UK GDPR
• NIS Regulations 2018
• The Computer Misuse Act 1990
• FCA and PRA expectations
• DORA (EU)
• UK Cyber Security and Resilience Bill 2025
• Managing legal liabilities and incident response:
• Duty of care and negligence
• Regulatory investigations and disclosure obligations
• Potential defences against data breach compensation claims
• Best practices for compliance and resilience:
• Key clauses in supplier and technology contracts
• Governance and risk management
• Practical steps for legal and compliance teams:
• Cyber Insurance
• Conducting cyber risk assessments
• Legal input into incident response plans
• Training and awareness for legal and compliance teams
• Collaboration with IT and risk function

This pre-recorded webinar will be available to view from Friday 30th January 2026

Alternatively, you can gain access to this webinar and 1,900+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.