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The future of cyber risk management in finance: Key strategic elements, tools, and skills

Posted by on 19 November 2024
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The importance of cyber risk management has heightened over the recent past. With many businesses impacted by incidents such as the CrowdStrike event, cyber resilience is now a key operational imperative. We spoke to industry leaders in cyber risk management to discuss cutting edge practices and tools.

AI & cyber resilience in banks with CRO Adam Ennamli

Adam Ennamli, Chief Risk Officer, General Bank of Canada, discusses the latest emerging cyber threats that CROs need to be aware of and how to prepare for them. He highlights three primary attack vectors: AI-powered attacks, supply chain attacks, and the increased volume of attacks due to automation. He also offers insights into balancing digital transformation with robust cyber defenses, shares the key components of an effective cyber resilience framework, and the role of AI as a tool in risk management.

The complete picture of cyber risks with Petra Schmidt and Pete Rutherford, Aon

Petra Schmidt, Global Industry Leader, Enterprise Client Group, Aon, and Pete Rutherford, Global Financial Institutions Industry Leader, Aon, discuss the complexities of the current regulatory environment and its impact on Chief Risk Officers. They highlight the importance of data and analytics, and talk about strategies for financial institutions to address cyber risk. The conversation also highlights the significance of collaboration, agility, and effective risk management in building a resilient organisation.



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