Media Coverage
The Scope and Complexities of Risk Management in Financial Services
Covered by: Global Banking & Finance Review
With increasing digitalisation, banks and financial service providers are exposed to an increasing spate of risks. Cybersecurity threats are steadily rising. Data privacy authorities are ramping enforcement and the scope of sector-specific regulations are widening. In the financial services industry, many of these risks are heightened, adding significant complexity to risk management and cybersecurity preparedness within financial institutions.