Managing cyber-risks in the Financial services sector


Cybercriminals are the bank robbers of the digital age and financial institutions always will be the target. DDos, ransomware, malware, phishing are just some tools at the disposal of criminals. Cyber-risk is a global problem and strenghtening cybersecurity is on top of the agenda of banks, regulators, policy-makers and law enforcement. What are the challenges faced by banks in managing cyber risk, especially in regard to intelligence sharing and incident reporting? To what extent are emerging technologies playing a role in the fight against cybercrime? What is being done to mitiage the weakest link of all, the human?