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Guiding FSI Through the Digital Storm: A Cybersecurity, Cloud & Risk Roadmap

Faisal Yahya
Cybersecurity Strategiest 

Session Outline

Abstract:
This presentation explores the intricate relationship between cybersecurity, cloud adoption, and risk governance in the financial services industry (FSI). Drawing upon two decades of experience, the speaker will trace the evolution of cybersecurity threats, from the traditional on-premises concerns to today's sophisticated landscape of ransomware, supply chain attacks, and nation-state actors. The presentation will delve into the opportunities and challenges presented by cloud migration, emphasizing the shared responsibility model and key audit focus areas. Attendees will gain insights into the critical role of risk-based approaches, governance frameworks, and board-level engagement in building resilient cybersecurity programs. The speaker will highlight the evolving role of auditors as strategic advisors who can guide FSI organizations through the digital labyrinth, ensuring compliance and fostering a culture of cybersecurity awareness.

Key Takeaways:
* Understand the shifting cybersecurity landscape in FSI over the past 20 years.
* Grasp the complexities and nuances of cloud adoption, particularly in the context of shared responsibility and audit priorities.
* Develop a risk-based approach to cybersecurity, leveraging relevant frameworks and board-level engagement.
* Recognize the evolving role of auditors as strategic partners in cybersecurity risk management.
* Obtain practical guidance and resources to navigate the digital challenges facing the FSI.

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