Top 10 op risks 2021: IT disruption

Integrity of core systems paramount as risk managers battle outages and hacks in work from home era

Risk managers might look back on 2020 as the year in which the threat of IT disruption – an already broad remit encompassing everything from accidental systems blackouts to deliberate attacks by outside actors – exploded into millions of home offices around the globe.

The shift to remote working left financial firms more exposed than ever to cyber attacks by high-tech adversaries, backdoor threats introduced via newly critical third-party suppliers, or hackers intent on causing chaos.

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