Reported by: banking|Updated: December 19, 2017
The seeds of a new wave of innovation were sowed in 2016. The first shoots of this innovation were seen in 2017. 2018 will be the year when these innovations move into the growth phase. 2018 is the year when numerous innovations will be tested against the standards of acceptance, scalability and ROI.
There will be another important test that these innovations will have to face – the test of security. A large number of innovations will come out of sand boxes and test environments into the real world, where they will not only face customers and employees, but also cybercriminals of all kinds – outside and within.
Vulnerabilities keep popping up with older technologies, and so recent innovations like virtual assistants, API, etc, cannot be presumed to be safe, no matter what the hype. Cybercriminals are surely looking at these innovations as juicy targets. So CISO, CIOs & CTOs have a new challenge to ensure that they accelerate their own pace to keep up with the pace and diversity of innovation. This is indeed a formidable challenge.
Banking Frontiers is hosting a Roundtable of CISOs, CIOs and CTOs to brainstorm and come up with security insights that will empower the innovation yatra that has just begun. We eagerly solicit your participation and contribution to this endeavor.