The fight against cyber crime in financial services: how prepared are you?

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Presented by

Matthew Thomas, Asia Bureau Chief, Euromoney Institutional Investor

About this talk

Euromoney Moderator: Matthew Thomas, Asia Bureau Chief, Euromoney Institutional Investor Speakers: - Margaret Harwood-Jones, Global Head of Securities Services, Standard Chartered - Cheri F. McGuire, Group Chief Information Security Officer, Standard Chartered - Patrick Wheeler, Director, Cyberwayfinder - Paul Jackson, Head of Asia-Pacific Cyber Security & Investigations Practice, Kroll (Contact: Paul.jackson@kroll.com) Agenda: Know your (cyber) enemy Technology advancements have changed the way financial services operate, but they have also ushered in new challenges and threats. What are the risks, how big are they and what is the impact? Eg. Data theft versus system shut downs – which has a greater economic threat? When financial services are attacked… Cyber criminals have exposed vulnerabilities of financial institutions to disturbing effect. Is it more effective for banks to counter cyber risks on their own, or collectively as an industry? Would it help to have a central regulator for bank cyber security? When assessing counterparty risks, how much weightage is placed on their cyber security controls? Responding to the cyber challenge – how financial services can best prepare The establishment of regulatory controls and standards can only go so far, and the industry itself need to do much more to improve the situation – getting the basics right in a legacy environment, sharing best practices, building a security-based culture etc… Looking ahead: Anticipating paradigm shifts How much closer are we to creating ‘unhackable’ systems? Can quantum computing or other technologies present a cost-efficient solution? By signing up to this webinar you agree to be contacted (by email) by the hosts Euromoney & Global Capital, as well as the sponsor Standard Chartered.

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