Agenda item

Report of the Commissioner.

The Committee noted the report of the Commissioner updating the Committee on the progress of the Cyber Griffin programme.

Members expressed strong support for Cyber Griffin, noting its role in ensuring that London is a safe custodian of money and noting also its importance in protecting London’s financial services, particularly given increased threats of hostile state action that could destabilise the UK economy – as well as the potential ‘soft power’ synergies.  A Member asked whether there was any scope for the growth of Cyber Griffin at international level and for the development of commercial opportunities, and the meeting heard that consideration was being given to expanding overseas (particularly in Australia) in the wake of phase 2.      

A Member commented that the targets might benefit from being more ambitious, and the meeting noted that a proposal would be brought to revise those targets.

In response to a question on whether there was a role for the cyber resilience centres to support, promote and deliver some of the services set out, the meeting heard that the centres would be used to help deliver the services using the Griffin brand at national level.

A Member asked whether the role of Cyber Griffin had been communicated to the Corporation, the meeting heard that training dates would be scheduled (see action point 6/2023/P) as well as raising the programme at Common Council level, noting the challenges of commercialisation as part of the Corporation’s work.

A Member asked whether cyber capability assessments were on track to be revived during 2023 following software issues. The meeting heard that clarification would be provided on that shortly.