City of London Police Pension Scheme Faces Significant Cyber Security Risks
The City of London Police Pension Scheme is facing significant cyber security risks, according to a recent report presented to the Police Pensions Board.
The scheme's risk register identified cyber security as a substantial risk due to the potential for breaches to compromise the administration system, leading to data protection violations, financial penalties, and reputational damage. Mitigation strategies include adherence to corporate IT security policies, regular software updates, and staff awareness training.
During the meeting on Wednesday, 14 October 2026, the Board reviewed the scheme's risk register, confirming that current risk ratings are accurate. Cyber security was rated as amber, indicating a significant risk. Other risks, including legislative compliance, pension fraud, and system administration, were rated as green, indicating they are manageable.