Cybersecurity in the digital age | Future of Finance Summit 2018 --> -->

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 remarks

Opening keynote
Han Geng, Deputy Secretary-General,
People’s Government of Beijing Municipality

International keynote
A look ahead into the future of tech
Sir Tim Berners-Lee,inventor of the World Wide Web and founder of the Open Data Institute. Sir Tim takes his audiences beyond the technology itself - the Internet of Things, future of artificial intelligence, the next web paradigm shift, the power of data and privacy on the web, into the real transformative impact these technologies are having on society. How will the financial services industry be impacted in the years ahead?


Future of personal finance - Change versus constant
Jackson Cheung, CEO & Co-Founder, Youxin Financial, one of China’s top 30 entrepreneurs under 30

 

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?


Panellists include:


Chaired by Emmanuel Daniel, Chairman, The Asian Banker and 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?


Speakers and panellists include:


Session Chaired by David Gyori, International Resource Director, The Asian Banker and Co-chaired by Chu Chengyun, Co-founder and CEO, C2SEC

13:00

Networking lunch

14:30

The ease of which your customers 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 customers.

Live demonstration includes:

  • Email spoofing
  • Identity theft
  • Hacking into your computer system


Live demonstration with actual victims by Peter Gubarevich, Ethical Hacker& Systems Architect, JSC OlainFarm, Latvia

Session Chaired by Andra Sonea, Former Lead Solutions Architect, Digital Innovation Lab, Lloyds Banking Group

15:15

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


Speakers/panellists include:


Session Chaired by David Gyori, International Resource Director, The Asian Banker

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 to include companies in various fields like Uber, WannaCry, DDoS attacks. Equifax was one of the major companies who had hackers enter the system and access over 143 million American consumers’ sensitive personal information. In this session, we will review some of the recent data breaches to learn from their mistakes and come up with practical measures to improve your organisation's overall security posture.

  • 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?


Speakers/panellists include:


Session Chaired by Andra Sonea, Former Lead Solutions Architect, Digital Innovation Lab, Lloyds Banking Group

16:30

Coffee/Tea Break

17:00

Day 1 - Closing keynote

Technology is reshaping what we believe, can we trust it?
Trust is a vital part of the social fabric. With advanced technology and machines becoming an integral part of our daily interaction, it is easy to lose sight of what makes us human in the first place. The rapid speed of technological change is dismantling traditional institutions and mechanisms for governance, which has held to an implosion of trust. Are we more trusting of technology, or have we simply become more complacent?


Speakers/panellists include:

Chaired by David Gyori, International Resource Director, The Asian Banker

18:00

Close of conference day one

08:00

Registration and Morning Networking

08:30

Opening Keynotes

The State of the Industry: Collaboration and competition in the peer-to-peer world
Ron is leading America's first peer-to-peer lending platform with more than two million members and over $4 billion in funded loans. He will take us on a discussion of the evolution of the peer-to-peer industry and why collaboration and diversification is so important.
Ron Suber, President, Prosper Marketplace

Successfully Harnessing Fintech to Advance Online Marketplace Lending in China and Beyond
As we are seeing an enormous emergence of new players in the alternative finance industry, having a leading edge is crucial. Soul, who leads the world's largest benchmarking peer-to-peer company and which won the prestigious Technology Pioneer Award at the 2011 World Economic Forum will bring us on a journey on how he took on the challenge of competing in the biggest peer-to-peer market in Asia and rising as one of the best.
Soul Htite, Co-Founder of Lending Club, Founder and CEO, Dianrong.com

Keynote Dialogue:
Payment (R)evolution - Forging Ahead, Building Communities

Discussing which technology platforms, message standards, interoperability frameworks and business models will emerge as the leading next generation payment winners

Speakers/Panellists include:

  • Joel Yarbrough, Head,Corporate Development & Payments, Grab
  • Alvin Wong, Head of Regional Products, Samsung Pay
  • Rakesh Krishnamuti, Head of Large Enterprise Acquisition and Relationship Management, SEA, PayPal
Chaired by Emmanuel Daniel, Chairman & co-chaired by Gordian Gaeta, International Resource Director, The Asian Banker

10:30

Networking Break

11:00

Where Banks Fear to Tread - Providing Market Access and Credit to a Growing ASEAN Region through Non-banks and P2P Technology

  • Access: How non-banks, P2P and crowd financing platforms even out the barriers of entry to banking service
  • Overhauling credit assessment: Does the market need an alternative means of credit scoring rather than conservative banking models?
  • Tapping into excess wealth in Asia and channeling it towards unbanked sectors

Speakers/Panelists include:

  • Jinesh Patel, Partner, Dymon Asia
  • Mohammed Abas, Co-Founder, One Lyst
  • Jefferson Chen, CEO, Advanced.ia
  • Greg Krasnov, MD, Forum Capital

Chaired by Sam Ahmed, MD, Deriv Asia

12:00

Luncheon

13:30

From Enterprise hosting to Cloud - Is this the Future of Banking Technology?

  • From enterprise hosting to cloud services: Will banks go lean towards a plug and pay model?
  • Why most banks are looking to move their treasury businesses to cloud by 2020.
  • Vendors disrupted: Why traditional vendors need to reinvent their models and move towards leaner and agile offerings

Speakers/Panelists include:

  • Nick Walton, Head of ASEAN, Amazon Web Services
  • Karim Chabane, Director, Collateral Services, Citi
  • ChiouHao Chan, APAC MD, Mambu

Chaired by Conor Cunningham, CEO, ACUO

14:30

Cryptocurrency or Digitalized Assets on Blockchain- How are Banks and Authorities Reacting in Asia?

  • Are crypto currencies making a comeback?
  • Are financial institutions in Asia ready to use Blockchain: Where is the lowest hanging fruit?
  • Blockchain and existing infrastructures: What happens to custodians after blockchain is implemented?

Speakers/Panelists include:

  • Mike Kayamori, CEO, Quoine Corporation
  • Marcelo Garcia Casil, CEO, DX Markets
  • Ganesh Iyer, SVP, Product Development, HSBC Securities Services
  • John Bailon, CEO, Satoshi Citadel Industries, Philippines
  • R Vivekanand, VP & Co-Head, TCS Financial Solutions

Chaired by Thomas McMahon, CEO, Pan Asia Clearing Enterprise

15:30

Networking Break

16:00

Closing Re-Imagination Session

Reimagining the future of money
Based on all that has been discussed in this Summit, Emmanuel Daniel and Gordian Gaeta will lead the entire conference in re-imaging what the successful financial institution should look like. A session not to be missed.

Imagination Panel

  • David Shrier, Founder and New Ventures, Massachusetts Institute of Technology (MIT)
  • Janos Barberis, Founder, SuperCharger and FinTech Hong-Kong, Co-editor of the FinTech and RegTech Book

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

17:00

Close of Conference Day Two

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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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