Cybersecurity in the digital age

Understanding the foundational facts that govern our data-security lives

Currently the digital ecosystem is driving and controlling the next generation security, in which it became perfectly clear that balancing risks, flexibility and reliability of the currently available security systems is a vital need to maintain a stable reliable financial institution, bearing in mind the cost factor, which is an essential player in reaching this balance

Moreover, the cyber-attacks in the past used to focus on financial gains only, but recently the hacking society has evolved to include political, social and military victims and neglecting all the known boundaries. Cyber criminals are anticipated to depend more on ransomware as means of their attacks, which in turn urges the need of not only having a reliable secure system, but being capable of adapting an agile strategy focusing on detection, response and correction.

It can be eye opening and frightening to see how quickly devices that we rely on daily with our most sensitive information can be breached. It is also discerning how even large companies, such as Equifax, became victims of hackers and what that means for the customers and the company. We will hear the lessons learned from large companies that have been breached and will evaluate the effectiveness of the applied crises management strategies. We will also look at international criminal schemes that aim to harm the financial industry and hear from the regulators on the increased need for data privacy. This is a very hands-on conference track where delegates witness and interact directly with industry practitioners; and through leaders, learn practical insights that can be applied in your own institutional environment.

Key focus areas:

 

Cybersecurity in digital transformation phase

 

Biometrics and digital KYC - improving your customers’ experience

 

Could we be easily hacked?

 

Combatting financial crime and cybersecurity threats

 

The need for multi-cloud security, and blockchain

 

Collaboration between public, private, and shared intelligence against cyber crime

Cybersecurity in the digital age - Thursday 24th May 2018

08:00

Registration and morning networking

09:00

Welcome and opening keynotes

Opening remarks
Chen Jining
, Mayor of Beijing

International opening keynote
Sir Tim Berners-Lee, Inventor of the World Wide Web

Leadership dialogue: The shift of global finance
From the fast growing interest in blockchain and new technologies to the plausible decline of the dollar as the world's reserve currency, the international financial system is experiencing a profound transformation. The speakers will be joined by a forward-looking panel to discuss, how should policy-makers and business leaders prepare for the shift of global finance?


Chaired by Emmanuel Daniel, Chairman & co-chaired by Gordian Gaeta, International Resource Director, The Asian Banker

11:00

Network coffee break

11:30

Regulatory framework – The need to improve data privacy and security regulations
Today’s global marketplace demands that financial institutions collect personally identifiable information (PII) from both customers and employees to conduct business. At the same time, many financial organisations are expanding their international operations and engaging vendors and other third-party service providers beyond the borders of their home country. Amid constantly changing privacy-related requirements, the challenge of protecting the personal information of customers and employees has grown exponentially in recent years. In this session we will discuss:

  • Cybersecurity landscape towards 2020: Will it be more hostile?
  • What are the steps regulators and financial institutions consider in enhancing industry resilience, integrity and stability? 
  • Brainstorming: Risk/challenges, latest global threats- How to deal with them?
  • Cybersecurity best practices by applying add-ons to the current systems
  • How can financial institutions effectively protect the information entrusted to them by customer and employees?


Invited speakers and panellists:

  • Dr. Amirudin Abdul Wahab, CEO, CyberSecurity Malaysia, under the Ministry of Science, Technology and Innovation (MOSTI)
  • Roeland van Zeijst, Global cyber security strategist, RovaZ.com and Former, Digital Crime Officer, Interpol, Singapore
  • Stéphane Nappo, Global Chief Information Security Officer & Board advisor, SociétéGénérale

12:30

Evaluating the potential of artificial intelligence and machine learning on data security
While cognitive advances are clearly being made in numerous industries, information security remains a complex challenge. As companies promote artificial intelligence (AI) and advanced machine learning in cybersecurity, financial institutions need to ask some tough questions to get past the hype:

  • Are these technologies bolted on to get investments as well as customers?
  • The technology is core to an innovative security platform that solves a business problem (too many alerts to efficiently monitor?)
  • Does the company's expertise in machine learning AI or information security?


Invited speakers and panellists:

  • Ricardo Gonçalves, Head of APAC Intelligence, Barclays Group

13:00

Networking lunch

14:30

Will the use of blockchain, biometrics and other technologies make our financial life safer?
As the world becomes increasingly more digital, financial institutions need to investigate acceptable biometric alternatives for authenticating mobile banking users that balance both security and simplicity. Currently the option of using fingerprints, retina scans, facial recognition and voice recognition is where authentication is heading and the future of the financial services industry.

  • Will institutions be able to protect this biometric data?
  • In terms of biometric data, would it be safe in blockchain-specific ecosystems?
  • Can a long-term chain persist for decades using standards that accommodate evolving capabilities?
  • Adoption of API Integration and testing against cybercrimes
  • Synthetic identity fraud and its impact on financial institutions

15:15

The ease of which devices could be hacked
In an age where our existence has become so seamlessly integrated with technology, the question still stands as to who and where ownership lies with data of humankind. What happens when the companies processing and storing PII fail to adequately protect customer data, with systems not up to the task, leaving data to fall in the hands of criminals? In this session, we will have a live demonstration from an ethical hacker, to show the reality about cybersecurity and how it takes only ten seconds to hack your device.


Live demonstration includes:

  • Mobile phone hack (Android smart phone)
  • WhatsApp hack
  • Hacking into your computer system


Live show by Saket Modi, CEO & Cybersecurity Practitioner, Lucideus

16:00

Data breach incidents and how they were addressed
High-profile data breaches have dominated 2017, the list of companies involved is seemingly endless and continuing to grow. Equifax was one of the major companies who had hackers enter the system and access over 143 million American consumers’ sensitive personal information. Upon learning of this incident, Equifax took steps to stop the intrusion, and hired an independent cybersecurity firm to forensically investigate and determine the scope. Equifax also engaged the cybersecurity firm to conduct an assessment and provide recommendations on steps that can be taken to help prevent this type of incident from happening again. During this session, we will discuss:

  • Equifax and other data breach incidents – could it be prevented?
  • What can financial institutions learn from all of the breaches around the world?
  • Is your institution prepared for these attacks?
  • What will be a perfect strategy to combat these criminals?

16:30

Coffee/Tea Break

17:00

Closing keynote

In technology we trust? - Technology is reshaping what we believe
The rapid speed of technological change is dismantling traditional institutions and mechanisms for governance. Be it automation, privacy or misinformation, technology can feed our deepest fears or embody our greatest hopes. What tools can help leaders accelerate their response time, while ensuring the process remains inclusive and trustworthy of all of society?How do leaders deal with the difficult challenge of cultural resistance during digital transformation? Can leaders win the public trust needed to create a shared future?

18:00

End of day one

Featured keynote speakers from 2017

  Featured speakers from 2017

  Moderators

Who will attend?

The programme is designed for senior executives from:

  • Risk management, Compliance, AML
  • Technology, operations, data and analytics
  • Cybersecurity, Digital banking and channels
  • Providers of alternative financial services

Agenda and speaking opportunities:

Essraa Mansi

(+971) 4427 3649

emansi@theasianbanker.com

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