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Rising cybersecurity threats mean a future of friction and mistrust

A collapse of faith in the internet is unlikely – but a slow-burning loss of confidence is far more probable, and will mean steadily rising costs of doing business

A desktop monitor with 'Beware Fraud' on the screen

Decades before the internet even existed, writers were warning that a comparable system might collapse and bring about catastrophe – EM Forster's 1909 story The Machine Stops described an apocalyptic scenario that has persisted, with some adaptation, all the way into 2014. Its latest appearance was courtesy of the World Economic Forum (WEF): on the eve of its Davos summit in January this year, the

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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