Cybersecurity emphasizes operational resilience
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Cyber risk in banking is no longer only an IT security issue.
Banks increasingly need to plan for what happens when technology is disrupted: whether customers can still access critical services, how quickly those services can be restored, and where dependencies on third-party providers could create additional vulnerabilities.
In this episode of The Intuition Finance Digest, we explore why cybersecurity is increasingly being viewed through the lens of operational resilience.
In this episode, we cover:
- Why resilience focuses on services rather than systems
- How banks prepare for serious cyber incidents
- Detection, escalation, crisis decisions, and communications
- How banks establish recovery priorities
- Why third-party technology dependencies matter
- How shared providers can create concentration and systemic risk
Key resources:
1. Learn more about Intuition Know-How, our financial learning platform: https://www.intuition.com/know-how/
2. Find out more about Intuition Publishing here: https://www.intuition.com/
3. Follow Intuition Publishing on LinkedIn for the latest finance learning insights: https://www.linkedin.com/company/intuition-publishing-ltd./