5 ways banks and beyond can turn technology risk into advantage

Presented by

Lou Celi, CEO, ThoughtLab & Michael Murphy, Risk Transformation Officer, ServiceNow

About this talk

The rapid adoption of new digital tools and solutions is exposing banks, and those in other industries, to a battery of technology risks that can bring down operations. These risks range from external cyberattacks and fraud to internal software failures and system misconfigurations. And these growing risks have leaders on alert and taking action.  According to the 2023 ServiceNow banking study performed by ServiceNow and ThoughtLab Group, 72% of CEOs say that technology risk is now the biggest risk their bank faces today, and 64% of CEOs expect it to increase over the next two years. Join this session featuring ThoughtLab CEO, Lou Celi, and ServiceNow’s Risk Transformation Officer, Michael Murphy, as they take a deep dive into this research and discuss best practices in technology risk management for banks and beyond. These experts will reveal insights from leaders around the world on best practices for conquering technology risks and strengthening your bank’s digital defense strategy.
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ServiceNow helps power your resilient business with risk-informed decisions integrated across the enterprise so people and organizations work better together. The Now Platform® breaks down silos by bringing together security operations, governance, risk, and compliance with IT, employee, and customer success workflows on a single platform, with a single architecture using a common data set. The Now Platform enables you to identify and prioritize enterprise risks, compliance issues, security incidents, and vulnerabilities more quickly than ever—and with new certainty. You’re able to monitor and reduce your risk exposure with real-time visibility. And you respond faster using workflows, automation, and orchestration.