RegTech in 10: Managing regulatory change for cybersecurity

Presented by

Dr Alexander Duisberg, Bird & Bird and David Noble, CUBE

About this talk

Cybercrime is rising rapidly, takes more time to resolve and costs the financial services industry US$18 billion annually. The average cost of cybercrime for financial institutions increased US$1.4 million to US$13.0 million in the past year, according to a recent Accenture report. The financial toll is set to escalate even further, with Germany’s stringent new regulation looming large on the horizon, which imposes GDPR-like fines for non-compliance. Join this 10-minute chat with leading cybersecurity lawyer Dr Alexander Duisberg and regulatory technology expert David Noble, who will answer these burning questions: - How are financial services institutions coping with the growing number and complexity of global cybersecurity regulations? - Are banks ready for the new German cybersecurity legislation, and is it likely to have broader impact across Europe – or indeed the rest of the world? - What should you be doing to monitor regulatory change more effectively and assess its impact on your business? For more information on automating regulatory change, visit

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Knowing about regulatory change is one thing. Having the regulatory intelligence and analytical capabilities to understand the impact of regulatory change on your business is a very different matter. It may take days or even weeks to re-evaluate your compliance status and remediate non-compliant gaps, especially when you are a financial institution operating in multi-jurisdictional, multi-state, and cross-border environments. CUBE leverages AI-driven technology to automate the capture of global regulatory data, alert you to regulatory changes that pose a compliance risk to your business, pinpoint all policies, procedures, controls and records that are affected, and enable rapid remediation.