8:30 AM (GMT) / 4:30 PM (SGT)
Participants in the US will have access to a recording
Standard Chartered Correspondent Banking Academy
Virtual Classroom Series
Fighting Financial Crime Part 1 - Cybersecurity in the age of COVID-19
It has been predicted that cyber-enabled crime will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015.
Are we prepared for this inevitable crisis?
Cybercrime poses a challenge, not just to banks’ information security functions, but also to business lines and operational risk and financial crime departments amongst others. Regulators are increasingly expecting a change in approach and having the right understanding for the risks for each bank is crucial. This discussion will focus on the manifestation of the threat, key issues and expectations, and what financial institutions can do to mitigate these risks.
Join us for an interesting look at the impact of cyber threats to financial institutions and best practices to adopt.
Speakers:
Francesco Miccoli, Global Head of Sales and Head of Correspondent Banking, Europe
Adam Munro, Director, Cyber Financial Intelligence
Malcolm Bodey, Cyber Financial Intelligence, Group i3
Moderator:
Matthew Probershteyn - Head of Correspondent Banking Financial Crime Compliance & Corporate & Institutional Banking FCC, Americas & Europe