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QHow are regulations changing the way financial institutions manage cyber security risk?
DORA actually separates business resilience from cyber security in the chain of command, acting as a neutral party inside the organization.
It is becoming very clear that business resilience and cyber security go hand in hand. You need to make sure your organization is ready before the breach AND after the breach.
QWhy is there a growing focus on modernizing core system technology in the financial services industry?
To me, the “integrate WITH” strategy mostly brings most value when comparing cost and value to the business and to the customer. We see many banks moving towards highly secured hybrid architectures integrating traditional core banking systems’ data sources with cloud native customer experience environments and, leveraging all the great hyperscaler innovation out there.