In this episode of the IIF Global Regulatory Update podcast, we feature four senior financial leaders from McKinsey: Justin Grace, Lamont Atkins, Soumya Banerjee, and Lauren Craig. All of McKinsey's featured speakers have extensive experience and influence in the world of cybersecurity and emerging technology. Justin is a partner leading North America's cybersecurity practice in the Risk and Resilience practice, Lamont is a senior advisor, Saumya is an associate partner, and Lauren is an engagement manager and cybersecurity expert.
The conversation will focus on the findings of the joint IIF/McKinsey 2024 report on Promising Cybersecurity and Emerging Technologies, titled “The Cyber Clock is Ticking: De-risking Emerging Technologies in Financial Services.” It revolves around. Topics include the challenges and opportunities faced by financial services companies in adapting to a rapidly evolving technology environment and its associated cybersecurity risks.
This episode explores themes such as the changing cyber risk landscape, the benefits and risks of emerging technologies, the nexus of cloud and edge computing, the impact of generative AI, and the importance of a cyber risk management strategy. The group will also discuss important questions that organizations should consider as they strengthen their security posture. The podcast concludes with suggestions for listeners to strengthen their own cyber resilience in the face of the evolving technological landscape.
The full research report is available on both the McKinsey and IIF websites.