ReThinking Cybersecurity and Privacy in the Digital Age

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Technology push could open HK financial institutions to more cyberattacks in 2019. Threat levels are continuing to rise simply because FSIs are collecting and processing more and more valuable data. The swelling value of the data is encouraging attackers to develop new and even more sophisticated tools and techniques to compromise an organization and pilfer its digital data. Organizations typically respond by adding yet another security tool to try and close the door. In addition, regulatory bodies are increasingly introducing new regulations that force FSIs to comply with a ‘minimum’ best practice. This perfect storm has led to a very fragmented cyber security landscape and having too many different stand-alone tools is starting to do more harm than good for big businesses. In this Panel Discussion, Executives from leading FSIs will share their view on rethinking cybersecurity strategy and privacy in the digital age.