Suptech Broadcast #5 - Rethinking Cyber Resilience in Finance

June 22nd, 2023 · 1 hr 1 min

About this Episode

| Manit Sahib, Director of Global Intelligence & Offensive Operations, Picnic Corporation
| Wiebe Ruttenberg, Director of Strategy, SecAlliance

In an era of rapidly evolving technology and ever-increasing cyber threats, the need to strengthen our defences and ensure the resilience of financial institutions has never been more pressing. These initiatives require regulatory authorities, supervisory agencies, and financial entities to proactively address cybersecurity risks and adopt robust measures to protect the integrity of our financial systems.

In this discussion, we delved into the critical topic of cybersecurity and digital resilience in the financial services sector, with a particular focus on the implications of the recently adopted EU frameworks, DORA and NIS2.

The session covered:

  • The steps regulatory authorities and supervisory agencies must take to ensure the requirements set by DORA and NIS2?
  • How DORA and NIS2 compare to similar initiatives around the world
  • The necessary collaborative efforts among multiple jurisdictions to enhance cyber resilience in the financial services sector
  • Whether the interplay between people, processes and technology in strengthens cyber security and enhances digital resilience within the financial services sector
  • How supervisory technology can increase cybersecurity
  • Best practices and lessons learned from other jurisdictions or industries that could be valuable in enhancing cybersecurity and digital resilience within the EU financial sector
  • The future trends or developments you would like to see in the realm of cyber resilience for the financial sector