Recognizing the continued pervasiveness of cyber risks and the need for sustained efforts to enhance cybersecurity in the financial sector, the G-7 developed a set of fundamental elements for the effective assessment of cybersecurity. In October 2016, the G-7 published the G-7 Fundamental Elements of Cybersecurity for the Financial Sector (‘G7FE’). The G7FE provide a set of effective cybersecurity practices within private entities, public authorities, and the financial sector (‘entities’). They aim to build greater financial system resilience by supporting private and public entities as they design and implement cybersecurity policies and operating frameworks. The G7FE are nonbinding, high-level building blocks that provide the foundation for private and public entities, as they develop their approach to cybersecurity, supported by their risk management and culture. […]