As the world becomes more digitized and interconnected, the door to emerging threats and leaks has opened wider. Organizations depend more than ever on digital business operations and digital products and services to compete. While digital transformation abounds with new business opportunity, it also introduces new and unknown risks.
In the banking, financial service and insurance industry, research has shown that not only has the amount of data increased, but the corresponding value of digital assets has increased as well. Sensitive customer information, intellectual property and even the control of key machinery are all increasingly found in electronic formats. Attacks that affect these assets are much more likely to have a material impact on the entire organization, as opposed to simply the IT department.
This holds true in all walks of today’s “digital age”, and especially in the sector of Banking & Finance. Digitization has become deeply embedded in banking strategy, as nearly all businesses and activities have been slated for digital transformations, and thus, the relevance & importance of Digital Risk. Therefore today’s rapidly changing business and regulatory environment requires thinking about risks in new ways.
This year’s Digital Risk Forum will focus on the cutting edge thinking that is emerging across the world to address these big issues. Some of the focus of the event involves managing digital risk for BFSI, AI risks in banking and capital markets, digital transformation through APIs, digital lending, risk management framework and risk architecture.
The digital risk conference is gearing up to provide attendees with seminal insights for some of the hotspot topics involving REGTECH and SUPTECH, digital transition of the financial sector, financial crime and PSD2, using machine learning to mitigate digital risk, cyber resilience in banking and cybersecurity in BFSI, for a successful operations within a digitally shifted transactional landscape.
Digital Risk Forum 2020 will bring together more than 50 senior practitioners and industry experts from across the financial sector to help identify and understand emerging trends, risks and opportunities. The forum will offer the ideal space for networking with industry players; senior managers, decision-makers, and practitioners operating in the industries and making the most of banking technologies.
Queries please send to linak@bisgrp.com, Lina Kozina, Project Lead Marketing