Cyber security defense measures are not what they used to be, particularly when cyber criminals are inventive and tech savvy.
In these videos, Steve Culp, Global Managing Director for Accenture Finance and Risk Services, outlines a way forward for banks, insurers and capital markets institutions hoping to ward off cyber attack.
What is cyber risk?
Cyber risk touches on data, technology, operations, and fraud and financial crime. Across financial services, cyber attacks have led to hundreds of billions in losses.
Cyber criminals run the gamut from activist groups to organized crime. But one threat often overlooked is internal: Our own people can make mistakes, or have malicious intent.