Reported by: banking|Updated: March 7, 2017
The financial system has faced a wide variety of challenges, and survived. One threat that has continued to grow and evolve for over 2 decades is cyber attacks….worryingly, no definitive solution is in sight. Transactional security solutions have evolved rapidly, but the challenges posed by persistent threats, ransomware, expanding partner networks, fake news, etc, demand more holistic solutions.
The growing inter-connectivity between BFSI systems and third party vendors has created new vulnerabilities. Attacks are already coming through the systems of insurance partners, e-commerce partners or any other service partner. These partnerships are giving rise to newer threats to data security and data privacy, for which the business and operations heads on both sides have to work together. New partnership technologies such as blockchain and APIs need careful evaluation.
A fascinating example of continuous self-protection is the human species, that has survived for lakhs of years against deadly threats from virus, bacteria, tigers, snakes, earthquakes, floods, fire, famine, etc. The protection mechanism encompasses chemistry, biology, sense organs, muscles, and of course brain. It is an exemplary role model.
Banking Frontiers hopes you are inspired by the human defense system….and invites heads of IT Security, IT Operations and Business lines, to a private closed-door roundtable to deliberate new vulnerabilities and new solution strategies in order to update strategies to continually safeguard financial organizations and the ecosystem. We eagerly look forward to your participation.
Venue : Board Room 1, Grand Hyatt Hotel, Off Western Express Highway, Santacruz East, Mumbai 400055
Date : Wednesday, 8th March 2017Time : 9.00 am – 11.00 am