UK Finance Member Support
Security, Operational Resilience and AI Risk
In financial services, incidents rarely stay isolated. What begins as email compromise, supplier access or data misuse can quickly escalate into operational disruption, regulatory scrutiny and board-level attention.
That’s why UK Finance has partnered with Toro Solutions, helping members identify real areas of exposure and test whether incident response and third-party oversight arrangements would hold up under pressure.
UK Finance members also receive an exclusive 10% discount on Toro Solutions services.
Free consultation
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Why this is important
- Incidents increasingly involve multiple, connected control failures
- Third‑party and supplier dependencies are a growing source of operational disruption
- Regulators increasingly expect evidence that incident response and escalation arrangements work in practice, not just on paper
Organisations that have tested their arrangements are better positioned to respond calmly, make decisions quickly and demonstrate control.
Why Toro
Experience where it matters
Toro works with organisations where security incidents have real operational, regulatory and leadership consequences. The team has delivered hundreds of security, resilience and incident response engagements across financial services, government and other high risk environments, where discretion and assurance are critical.
Built around real world risk
Incidents rarely follow neat scenarios. They cut across systems, people and third parties. Toro takes a blended view of risk, examining cyber activity alongside social engineering, physical access and human behaviour, reflecting how real attacks and failures unfold in practice.
Designed for senior decision makers
Toro’s work supports clear decision making. Findings are prioritised and presented so Boards and Risk Committees can quickly understand what matters, why it matters and where action is required. The emphasis is on clarity and proportion, not volume or technical detail.
Used to operating under scrutiny
Many Toro consultants have backgrounds in UK government, security and regulated private sector roles. This brings a practical understanding of confidentiality, operational sensitivity and delivering assurance that stands up to internal and external challenge.
From ad hoc assurance to repeatable confidence
Across Red Team testing, cyber maturity, incident response and AI risk, Toro helps organisations move away from one off or compliance led activity towards repeatable, auditable assurance.
How UK Finance members engage
UK Finance members can engage with any of these services individually or as part of a wider programme.
Preferential commercial terms are available to UK Finance members, including an exclusive 10% discount using the code Toro10UKFinance.
If you’d like to explore whether this is relevant for your organisation, an initial conversation can help scope what proportionate support would look like. Please complete the form for a free consultation.
Free consultation
Services available to UK Finance members
Threat Led Cyber Security Maturity Assessment
Unlike standard security reviews that focus primarily on compliance and common threats, we begin every engagement with an open-source intelligence investigation (OSINT) into the specific threat landscape facing your organisation and sector. We identify exposure across the clear, deep and dark web to focus on risks that are genuinely relevant to your organisation. This may include exposure to state actors, organised crime groups, activists or opportunistic attackers.
This threat-led perspective shapes the Cyber Security Maturity Assessment itself. We assess your current security posture by examining systems, policies, staff awareness and operational procedures through the lens of how an attacker might approach your organisation.
Rather than simply confirming whether controls exist, we look at how they operate in practice and where they could realistically be bypassed. We also examine how technology, data and third-party platforms are used across the organisation, highlighting areas where governance, visibility or oversight may not yet have caught up with operational reality.
The result is a clear understanding of your real-world exposure, the risks that matter most and the steps needed to strengthen your security posture in a targeted and cost-efficient way.
What members will receive
- Threat-led cyber security posture assessment
- Open-source intelligence exposure summary
- Identification of governance and oversight gaps
- Risk table highlighting key vulnerabilities and priorities
- Practical prioritised improvement plan
- Executive summary suitable for board or senior leadership review
Regulatory expectations continue to evolve, particularly from the Financial Conduct Authority, with increasing emphasis on structured incident reporting and oversight of critical third parties.
Many firms have documented incident response plans. Fewer have tested how those plans operate in practice, under pressure and with the need for early judgement on impact, escalation and external reporting.
We work with members to strengthen the foundations: how incidents get identified and classified, how they escalate to senior management and Boards, how regulatory reporting flows, and how third parties are assessed for criticality. We also focus on the joins between teams, security, IT, risk, compliance, because that is usually where things fall apart.
Once the framework is in good shape, we test it. Executive-level tabletop exercises built around realistic scenarios that reveal whether the plan works as written or just reads well on paper.
What members will receive
- Review and refinement of your incident response framework
- Gap analysis against the regulatory direction of travel
- A clear escalation and reporting model
- Third-party criticality review support
- An executive-level tabletop exercise aligned to most relevant threats
- Post-exercise findings and recommended improvements
AI Protect
AI tools are being adopted across financial services at speed, often faster than governance, risk and security controls can keep up. In many organisations, AI use is spread across teams, suppliers and personal productivity tools, creating limited visibility over how data is being processed and where risk sits.
AI Protect helps organisations establish a clear, practical understanding of:
- where AI tools are being used across the business
- what data those tools are accessing or processing
- whether usage aligns with security, data protection and regulatory expectations
The focus is not on restricting innovation, but on enabling informed oversight and proportionate control.
What members will receive
- Discovery of sanctioned and unsanctioned (“shadow”) AI usage
- Mapping of AI data flows and access patterns
- Identification of higher risk use cases
- Review of AI governance and data controls
- Practical roadmap aligned to business and regulatory needs
Red Team
Financial institutions are targeted by organised crime groups, fraud networks and increasingly sophisticated cyber actors. These adversaries do not test one control at a time. They combine phishing, credential abuse, social engineering and physical access to move through an organisation quietly and with purpose.
Red Team testing is a controlled, full-scope simulation of an attack on your organisation.
The goal is not simply to get in. It is to understand whether controls hold under pressure and whether senior management would receive clear, timely information if something real were unfolding. Think of it as a live resilience exercise, run safely and without operational disruption.
What members will receive
- Detailed written report with risk-rated findings
- Clear narrative of how the attack unfolded
- Prioritised remediation roadmap
- Executive summary for Board / Risk Committee
- In-person debrief session
UK Finance Member Support FAQs
This support is designed for UK Finance member organisations operating in regulated financial services environments, including banks, building societies, asset and wealth managers, payment firms and related financial institutions.
Toro’s approach focuses on how incidents unfold in practice. Rather than testing individual controls in isolation, work examines detection, escalation, governance and senior level decision making across cyber, physical, people and third-party risk.
Yes. Many organisations have documented plans. This support helps test whether those plans work under pressure, with incomplete information and cross functional involvement.
AI Protect helps organisations understand where AI tools are being used across the business, including unsanctioned or “shadow” tools, what data they are accessing and whether use aligns with security, data protection and regulatory expectations.
Yes. All services include clear executive level outputs designed to support senior management, Board oversight and regulatory conversations.
While final regulatory requirements are still being consulted on, recent FCA proposals highlight a clear direction of travel around earlier incident reporting, impact based thresholds and strengthened oversight of critical third-party arrangements.
This support helps organisations test and strengthen the practical foundations needed to meet those expectations, without committing to changes before the final rules are confirmed.
All engagements are delivered with strict confidentiality and discretion. Toro regularly works in sensitive, regulated environments where confidentiality is critical.
UK Finance members can access preferential commercial terms, including an exclusive 10% discount using the code Toro10UKFinance.
This support is most relevant for organisations looking to:
- strengthen assurance ahead of regulatory or internal review
- gain clearer visibility of cyber, operational and AI related risk
- provide Boards and senior management with practical, credible assurance
Organisations typically engage with this support when they are dealing with one or more of the following:
- A Board or Risk Committee asking for greater confidence in security, resilience or incident response arrangements
- A recent incident, near miss or regulatory feedback highlighting gaps in detection, escalation or governance
- Increased reliance on critical suppliers, platforms or outsourced services
- A new CISO, CTO, CRO or senior leader looking to validate the current security and resilience position
- Concerns about how multiple issues would be managed if they occurred together, rather than in isolation
- A need to improve consistency and confidence in incident classification, escalation and reporting
- Uncertainty about which third-party relationships would meet regulatory “criticality” expectations
- Growing use of AI tools across the business without clear visibility or agreed governance
An initial discussion can help determine whether this support is relevant and what proportionate engagement would look like. Contact info@torosolutions.co.uk
Case Studies
Cyber Security insights
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Anthropic’s Mythos highlights a shift in cybersecurity: AI can now find and exploit vulnerabilities at scale. Explore what this means for risk, remediation, and securing AI systems.
You’re already using AI – the question is whether you control it
Most organisations are already using AI but few truly control it. Explore the real risks, gaps in policy and practical steps to manage AI use across your business.
How UK Finance members engage
UK Finance members can engage with any of these services individually or as part of a wider programme.
Preferential commercial terms are available to UK Finance members, including an exclusive 10% discount using the code Toro10UKFinance.
If you’d like to explore whether this is relevant for your organisation, an initial conversation can help scope what proportionate support would look like. Please complete the form for a free consultation.
Free consultation
Our Cyber Security Partners
Brands & companies we work with
