In July, the Financial Stability Board (FSB) published a draft Cyber Lexicon for public consultation. The draft lexicon comprised a set of 50 core terms related to cybersecurity and cyber resilience in the financial sector. Its intended to support the work of the FSB, standard-setting bodies, authorities and private sector participants, like financial institutions and international standards organizations.

There were 28 respondents to the consultation, which included American Council of Insurance Insurers (ACLI); American Insurance Association (AIA); Citi; European Banking Federation (EBF); Financial Services Sector Coordinating Council (FSSCC); German Investment Funds Association (BVI); Global Association of Central Counterparties (CCP12); Global Federation of Insurance Associations (GFIA); Global Financial Markets Association (GFMA); Global Legal Entity Identifier Foundation (GLEIF); Institute of International Finance (IIF); Intesa Sanpaolo; Investment Association (IA); London Stock Exchange Group (LSEG); National Association of Insurance Commissioners (NAIC); SWIFT; Swiss Re; World Council of Credit Unions (WOCCU) and the World Federation of Exchanges (WFE).

Read the industry responses

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