Introduction: Risk Management and Financial Technology: Disruption, Obsolescence, Transformation
Fintech and Blockchain
Market Exposure to Fintechs: Too Risky?
Statistical Machine Learning Analysis of Cyber Risk Data: Event Case Studies
Cyber Regulations and Compliance Considerations
The Governance of Strategy and Strategic Technology Risks
Scaling Risk Management for Success
Fintech, Risk Management and Emerging Markets – a Case Study
Economic Drivers of Electronic Payment Systems in Developing and Emerging Markets
Brexit, Fintech and Risk Management for the Financial-Services Industry in the UK and Europe
Cyber-risk Quantification of Financial Technology
Understanding Cyber-Risk and Cyber-Insurance
WHAT IS CYBER-RISK FROM A FINANCIAL RISK AND INSURANCE PERSPECTIVE?
There is an increasing focus on IT and cyber-related risk and insurance. The primary reason is that organisations of all sizes in both the public and private sectors are increasingly reliant on information and technology in order to execute business processes that support the delivery of services.
If there is a breakdown or failure in these systems, the organisation will realise a direct negative impact on the processes it supports, resulting in reduction of service and disruptions that ultimately impact on the organisation’s ability to meet its objectives.
Emerging fintech firms have taken on increased importance to improve risk management with financial technology. Given the importance of cyber-risk and the trends of increasing risk-management techniques, to a wide spectrum of organisations and individuals, it is not a surprise that there is a variety of views on how to classify and think about cyber-risk loss event types.
In this section we begin with an introduction to the different views of cyber-risk that have emerged in recent years, which includes an overview of cyber-risk from the perspective