The umbrella association for securities regulators around the world has found that cybersecurity is now seen as a major risk to the financial system, adding to a growing chorus of concern from regulators in recent months.

The International Organization of Securities Commissions said that cybersecurity threats were seen as a "prominent risk", by respondents to its Survey of Securities Market Risk Trends 2015, which was released on December 16. Those questioned included national regulators, exchanges, trade bodies and academics from across the world.