Featured Column: Cyber Watch

Technology

How to Improve Cyber Resilience: A Q&A with the OCC’s Patrick Kelly

As ransomware and other destructive cyberattacks continue to inflict major losses, and as banks move toward digitization and a rising reliance on third-party suppliers, the exposure of the financial...

June 10, 2022 | By Christopher Hetner

Technology

Dissecting Modern Cyber Security: A Q&A with Erez Liebermann

In response a surge in cyber crime and a shift toward digitization in financial services, regulators are now turning up the heat on buy-side institutions, forcing management teams reconsider their...

February 25, 2022 | By Christopher Hetner

Technology

How to Measure and Manage Cyber Risk: A Quantitative Approach

Over the past year, cyber risk has grown, hand-in-hand, with the digital transformation of the financial services industry. As cloud computing and distributed transactional capabilities have been...

January 28, 2022 | By Christopher Hetner

Technology

Cyber Disclosures: New Regulation on the Horizon

Amid a global surge in cyberattacks, the U.S. Securities and Exchange Commission (SEC) is expected to soon release a rule proposal aimed at providing investors with increased cyber-risk transparency....

December 10, 2021 | By Christopher Hetner and Lisa Quateman

Technology

Cyber Risk Trends in the Boardroom: A Q&A with Marija Kramer

Ramping up its focus on cybersecurity disclosures, the SEC recently upped the ante on financial institutions' management of cyber risk. Following enforcement actions against eight financial services...

October 15, 2021 | By Christopher Hetner

Technology

The Path Toward Cyber Resiliency: A Q&A with CrowdStrike's Shawn Henry

Global cybercrime damages are projected to reach $6 trillion this year, and nation-state adversaries are increasingly leveraging widely-used software suppliers to gain access to networks. The threat...

September 10, 2021 | By Christopher Hetner

Technology

Systemic Cyber Risk Reduction: A Q&A with the Department of Homeland Security's Bob Kolasky

Fueled in part by high-profile ransomware attacks that have resulted in major losses, cybersecurity is now a top priority at just about every type of business - including financial services firms....

July 30, 2021 | By Christopher Hetner

Technology

Cyber Risk Economics: Building Exposure Into ERM

Mounting financial losses due to cyberattacks have business leaders scrambling for answers and cyber insurance carriers searching for cost-effective solutions. Damages from cybercrime are projected...

June 25, 2021 | By Christopher Hetner