On 2 July 2018, the FSB published a consultative document that set forth a draft Cyber Lexicon for public comment.
The FSB received 29 responses to the public consultation from individual financial institutions; industry associations and other groups representing participants and service providers in the financial and other sectors, including banks, insurers, asset managers, exchanges, retirement plan providers and information technology and telecommunications firms; and consultants and individuals. Respondents generally welcomed the consultative document and supported the FSB’s work to develop a Cyber Lexicon for the financial sector and the objectives of the work.
This note summarises the issues raised in the public consultation and sets out the main changes that have been made to the lexicon to address them.