Banks and other financial firms face a large and expanding set of risks, including cyber, fraud, financial crime, and data privacy and protection. At the same time, banks are prioritizing enterprise protection to regain and maintain the trust of key stakeholders.
Firms must now consider new and innovative ways to protect their businesses, and are increasingly using advanced technologies, such as analytics, robotics and AI, to support these efforts. There is also a growing prevalence of risks not directly related to core financial activities – but that nevertheless can lead to fines, settlements and sanctions.
Boards and senior management are demanding an integrated and holistic approach to enterprise protection, so they can address the external threats and vulnerabilities they face. The bottom line: you must continue to protect your business, but in a cost-effective, efficient and business-enabling way. Learn more about our insights on this vital issue.
