“Room for improvement” in banking cybersecurity
We are delighted to announce that Teneo will be exhibiting at the upcoming Securing Financial Services conference. Held on 22 Jan 2025 at the Park Plaza Victoria, London, the event will focus on how leading institutions are continuing to develop their security and resilience programmes.
The financial service industry is often held up as an example of best practice in security and resilience, both because it is heavily regulated and because financial firms generally have the budgets to buy that best practice. Yet the ECB believes that much more needs to be done to “raise awareness internally about existing cyber” and that “banks need to prioritise investment in cybersecurity and treat it as a vital strategic component that underpins their operational resilience”.
With DORA, there now exists “a robust framework that will require banks to step up their efforts to foster a culture of continuous cyber risk management.”
So
- Where must banks focus their security and resilience efforts now?
- Do they need to change the way they think about security – are processes the new crown jewels not data?
- If they can’t determine damage then how can they evaluate the ROI of security programmes?
Securing Financial Services will address these questions and more. Make sure to secure your place at the event here: https://akjassociates.com/event/finserv
Plus, don’t forget to pop by our stand, where our friendly team will be on hand to discuss all your network and security requirements.
