"If a cyber attack has not already happened in your business, odds are it will—possibly soon."
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.
DOWNLOAD REPORT: HOW TO MAKE YOUR ENTERPRISE CYBER RESILIENT [PDF]
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.
Modern threats
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.
Not a new problem
Cyber risk is not a new concern—but it poses unique challenges. Managing it involves risk disciplines applied more holistically across the organization.
Best defense
With so many cyber threats, there is no way to completely protect the organization. The best defense is to become cyber resilient.
A comprehensive approach
One critical step is to identify what you are protecting. Identify your top priorities and put your strongest protections around those assets.
View videos on the next panel for more.
Measuring with purpose
With cyber resilience, setting up the right measures helps monitor defenses. Cyber defense measures apply to processes, technology and people.
View videos on the next panel for more.
Top five priorities
What are the top priorities financial firms should observe as they design their approach to cyber resilience?
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