Basel II regulations could raise the risk of cyber attacks , Nex Group head of government affairs , David Pott , has warned . The new European regulations allow firms to hold and exchange personal information on individual traders and clients . Please contact [email protected] to find out more. Pott said this means Nex Group , which runs its own post - trade reporting service , was working hard to ensure such data is kept safe from hackers as it is " not information you want out in public " .
Basel II regulations could raise the risk of cyber attacks , Nex Group head of government affairs , David Pott , has warned . The new European regulations allow firms to hold and exchange personal information on individual traders and clients . Pott said this means Nex Group , which runs its own post - trade reporting service , was working hard to ensure such data is kept safe from hackers as it is " not information you want out in public " .