Building future-proof cyber security in the financial system

Central banks must address cyber threats to the financial institutions and market infrastructures they oversee to protect financial stability, while at the same time defending themselves and their reputations.

Central banks face “a constant and alarming cyber threat”, Seemanta Patnaik, co-founder and chief technology officer at SecurEyes tells Central Banking.

SecurEyes won this year in the Technology Services category at the Central Banking Awards. The firm was recognised for its integrated suptech and regtech product that enables near-to-real-time supervision.

In this video, Central Banking is joined by Patnaik, as well as co-founder and chief executive officer Karmendra Kohli, to discuss topics including cyber vulnerabilities in advanced and emerging market economies, and how central banks, regulators and supervisors can future-proof cyber security in the financial system.

 

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