The Financial Conduct Authority (FCA) has sent 4,430 of its employees on compulsory cyber and financial crime training courses over the past two years.
The FCA revealed that as well as the ‘Cyber and Information Security’ eLearning course, which is compulsory for all staffers to complete, 217 participants were also enrolled into locally organised security courses for more advanced training.
The additional training courses included cybersecurity training with a counter threat unit; software and cybersecurity development programmes, and additional courses titled ‘The Cyber Security Degree: the Next Step in Cyber’, and ‘The First Byte’.
This is to help combat the growing threat of financial crime, such as money laundering and fraud, although it is unclear what the programmes specifically involved.
The information on the FCA training was obtained under the Freedom of Information Act by Parliament Street think tank.