Cyber attacks are inevitable, conference hears

Resilience is key to surviving breaches

cyber-soldiers
Frontline in danger: security officers now advise speedy recovery techniques over prevention

Financial institutions must expect to suffer cyber breaches and should focus on a quick recovery from attacks rather than prevention, according to speakers at a cyber risk panel at OpRisk Europe in London today (June 10).

A panel of chief information security officers (CISOs) discussed the increasing threat from so-called 'industrialised' cyber criminals – the new breed of organised and well-financed hackers – and acknowledged that innovation among attackers was outstripping efforts in defence.

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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