Agenda

Agenda

Cyber Risk Management - Agenda

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Live virtual course | Below agenda timing is in BST.

Respective time in EST:

Start: 2pm BST | 9am EST
Break: 3pm BST | 10am EST
End: 4.15pm BST | 11.15am EST

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14:0015:00

Integrating cyber risk and IT

14:00 - 16:15

  • Setting up risk subcommittees; addressing technology, IT, cyber risk & data governance

  • How to identify the latest threats and vulnerabilities

  • Working with technologists

  • Accommodating new technologies into your cyber risk strategy

  • How do IT risks fit in the context of the business?

  • Data aggregation and intelligence gathering tools to address cyber security risks 

Subas Roy

CEO

ICAG Partners & global chairman, International RegTech Association

Subas is a CEO at ICAG Partners with over 20 years of strategic consulting experience in Banking and Financial Services inorganic growth, digital innovation and digital transformation. He has led and designed Digital Innovation, Regulatory and Financial Inclusion strategies for multiple central banks and regulators across Western Europe, North America and Asia Pacific regions. 

Prior to ICAG, Subas ran a growing management consulting business in Oliver Wyman with 24 revenue generating Partners and another ~120 consultants with YoY global revenue of ~$130MM focusing on (a) digital strategy and acceleration including market infrastructure reorganisation; (b) digitalization of risk and regulatory compliance in banks and regulators; and (c) cost optimization across 3LoDs in tier-1 banks and FIs including corporate finance advisory for buyout and other strategic options. 

Subas was also a senior Partner at two Big4 Professional Services (2011-2017 at Ernst & Young, and 2005-2010 at PricewaterhouseCoopers) responsible for developing global strategy advisory practice for Banking transformation fuelled by disruption and technological advancement, supported with proper people and process strategies, and how to deliver an accelerated digital change, ethically and responsibly in a growing, emerging economy. In Thailand, he led digital banking transformation for 2 of the top 3 Banks head quartered in Bangkok over a period of 4 years.

Subas is also the Founder and currently non-executive Global Chairman of the International RegTech Association (IRTA), a premier non-profit association representing the RegTech firms, central banks/regulators, and innovators in ~30 countries.

Previously he has held External Advisory Board appointments to the United Nations Capital Development Fund (UNCDF) on two digital innovation missions in South-east Asia, including creating a digital identify platform in Nepal and helping the Ministry of Electronics and Information Technology of India to develop a digital identification platform (Aadhar) for 1.3BN Indian citizens.

Subas has also held international Expert Panel chair and member roles at the Harvard University Kennedy School of Business and Government on public policies, the Gates Foundation, and the United Kingdom FinTech Innovation Committee under the rules of the Her Majesty’s Treasury (HMT) division. 

15:0015:15

Break

15:00 - 15:15

15:1516:15

Relationship between cyber risk and human behaviour

15:15 - 16:15

  • Effectiveness of cyber security capabilities (people, process, technology)

  • Why the majority of data breaches are a result of human behaviour

  • How to invest in people controls to deliver the best ROI and most effective risk mitigation

  • Exploring people controls – UBA, human sensors, human risk profiling

  • Practical steps for affecting behavioural change and building a risk aware cyber security culture

Subas Roy

CEO

ICAG Partners & global chairman, International RegTech Association

Subas is a CEO at ICAG Partners with over 20 years of strategic consulting experience in Banking and Financial Services inorganic growth, digital innovation and digital transformation. He has led and designed Digital Innovation, Regulatory and Financial Inclusion strategies for multiple central banks and regulators across Western Europe, North America and Asia Pacific regions. 

Prior to ICAG, Subas ran a growing management consulting business in Oliver Wyman with 24 revenue generating Partners and another ~120 consultants with YoY global revenue of ~$130MM focusing on (a) digital strategy and acceleration including market infrastructure reorganisation; (b) digitalization of risk and regulatory compliance in banks and regulators; and (c) cost optimization across 3LoDs in tier-1 banks and FIs including corporate finance advisory for buyout and other strategic options. 

Subas was also a senior Partner at two Big4 Professional Services (2011-2017 at Ernst & Young, and 2005-2010 at PricewaterhouseCoopers) responsible for developing global strategy advisory practice for Banking transformation fuelled by disruption and technological advancement, supported with proper people and process strategies, and how to deliver an accelerated digital change, ethically and responsibly in a growing, emerging economy. In Thailand, he led digital banking transformation for 2 of the top 3 Banks head quartered in Bangkok over a period of 4 years.

Subas is also the Founder and currently non-executive Global Chairman of the International RegTech Association (IRTA), a premier non-profit association representing the RegTech firms, central banks/regulators, and innovators in ~30 countries.

Previously he has held External Advisory Board appointments to the United Nations Capital Development Fund (UNCDF) on two digital innovation missions in South-east Asia, including creating a digital identify platform in Nepal and helping the Ministry of Electronics and Information Technology of India to develop a digital identification platform (Aadhar) for 1.3BN Indian citizens.

Subas has also held international Expert Panel chair and member roles at the Harvard University Kennedy School of Business and Government on public policies, the Gates Foundation, and the United Kingdom FinTech Innovation Committee under the rules of the Her Majesty’s Treasury (HMT) division. 

14:0015:00

Cybercrime – lessons to be learned

15:15 - 16:15

  • Understanding the new risk landscape
  • Notable attacks – case studies
  • Risk Management and Mitigation Strategies:
    • The role of the Risk Manager in managing cyber risk
    • The role technology plays
    • Creating a compliant culture
    • Managing third party contractual risk
    • Creating a resilience strategy
Leslie Lamb

former director of global risk and resiliency management

Cisco

15:0015:15

Break

15:00 - 15:15

15:1516:15

Cyber security and cyber risk

14:00 - 15:00

  • Introduction to cyber security and cyber risk

  • Where cyber risk management and operational risk management meet

  • Methods of prioritising cyber risk

  • Cyber security and operational risk in the age of COVID-19

  • Cyber security, IoT and operational risk

Jody Westby

CEO

Global Cyber Risk LLC

Under Ms. Westby’s leadership, Global Cyber Risk LLC has developed an international reputation as a boutique firm that provides first-tier advisory and technical services to corporations and non-profit organizations, focusing on cyber risk assessments, incident response planning, cyber governance, and digital inventories and data mapping. She also serves as Adjunct Professor at Georgia Institute of Technology’s School of Computer Science. Ms. Westby chairs the American Bar Association’s Privacy & Computer Crime Committee, is co-chair of the ABA’s Cybercrime Committee, and is serving her fourth term on the ABA President’s Cybersecurity Legal Task Force. Ms. Westby speaks globally and is the author of several books and articles on cybersecurity, privacy, and cyber risk management. She is a professional blogger for Forbes and authors a regular column on cybersecurity issues for Leader’s Edge magazine. She graduated magna cum laude from Georgetown University Law School and is a member of the Order of the Coif, American Bar Foundation, and Cosmos Club.

Leslie Lamb

former director of global risk and resiliency management

Cisco

14:0015:00

Common gaps in cyber security programs that facilitate cyber attacks

14:00 - 15:00

  • Poor internal coordination and shared responsibility

  • Incomplete enterprise security programs

  • Lack of asset inventories

  • Lack of effective controls and system monitoring to keep pace with threat environment

  • Stagnant security awareness training and the need for funding

Jody Westby

CEO

Global Cyber Risk LLC

Under Ms. Westby’s leadership, Global Cyber Risk LLC has developed an international reputation as a boutique firm that provides first-tier advisory and technical services to corporations and non-profit organizations, focusing on cyber risk assessments, incident response planning, cyber governance, and digital inventories and data mapping. She also serves as Adjunct Professor at Georgia Institute of Technology’s School of Computer Science. Ms. Westby chairs the American Bar Association’s Privacy & Computer Crime Committee, is co-chair of the ABA’s Cybercrime Committee, and is serving her fourth term on the ABA President’s Cybersecurity Legal Task Force. Ms. Westby speaks globally and is the author of several books and articles on cybersecurity, privacy, and cyber risk management. She is a professional blogger for Forbes and authors a regular column on cybersecurity issues for Leader’s Edge magazine. She graduated magna cum laude from Georgetown University Law School and is a member of the Order of the Coif, American Bar Foundation, and Cosmos Club.

15:0015:15

Break

15:00 - 15:15

15:1516:15

How to create cyber governance in your organisation

15:15 - 16:15

  • Information security governance best practices and standards

  • D&O lawsuits following major cyber events

  • How to present to your C-Suite and board

  • How to involve them in cyber incident response

Jody Westby

CEO

Global Cyber Risk LLC

Under Ms. Westby’s leadership, Global Cyber Risk LLC has developed an international reputation as a boutique firm that provides first-tier advisory and technical services to corporations and non-profit organizations, focusing on cyber risk assessments, incident response planning, cyber governance, and digital inventories and data mapping. She also serves as Adjunct Professor at Georgia Institute of Technology’s School of Computer Science. Ms. Westby chairs the American Bar Association’s Privacy & Computer Crime Committee, is co-chair of the ABA’s Cybercrime Committee, and is serving her fourth term on the ABA President’s Cybersecurity Legal Task Force. Ms. Westby speaks globally and is the author of several books and articles on cybersecurity, privacy, and cyber risk management. She is a professional blogger for Forbes and authors a regular column on cybersecurity issues for Leader’s Edge magazine. She graduated magna cum laude from Georgetown University Law School and is a member of the Order of the Coif, American Bar Foundation, and Cosmos Club.

14:0015:00

Creating an efficient and usable cyber risk programme

14:00 - 15:00

  • Best place to start

  • Instilling security of culture and building cyber into core management processes

  • Creating a system that maintains daily usability

  • Dealing with the increasing price of cyber security

  • Potential for automation

Subas Roy

CEO

ICAG Partners & global chairman, International RegTech Association

Subas is a CEO at ICAG Partners with over 20 years of strategic consulting experience in Banking and Financial Services inorganic growth, digital innovation and digital transformation. He has led and designed Digital Innovation, Regulatory and Financial Inclusion strategies for multiple central banks and regulators across Western Europe, North America and Asia Pacific regions. 

Prior to ICAG, Subas ran a growing management consulting business in Oliver Wyman with 24 revenue generating Partners and another ~120 consultants with YoY global revenue of ~$130MM focusing on (a) digital strategy and acceleration including market infrastructure reorganisation; (b) digitalization of risk and regulatory compliance in banks and regulators; and (c) cost optimization across 3LoDs in tier-1 banks and FIs including corporate finance advisory for buyout and other strategic options. 

Subas was also a senior Partner at two Big4 Professional Services (2011-2017 at Ernst & Young, and 2005-2010 at PricewaterhouseCoopers) responsible for developing global strategy advisory practice for Banking transformation fuelled by disruption and technological advancement, supported with proper people and process strategies, and how to deliver an accelerated digital change, ethically and responsibly in a growing, emerging economy. In Thailand, he led digital banking transformation for 2 of the top 3 Banks head quartered in Bangkok over a period of 4 years.

Subas is also the Founder and currently non-executive Global Chairman of the International RegTech Association (IRTA), a premier non-profit association representing the RegTech firms, central banks/regulators, and innovators in ~30 countries.

Previously he has held External Advisory Board appointments to the United Nations Capital Development Fund (UNCDF) on two digital innovation missions in South-east Asia, including creating a digital identify platform in Nepal and helping the Ministry of Electronics and Information Technology of India to develop a digital identification platform (Aadhar) for 1.3BN Indian citizens.

Subas has also held international Expert Panel chair and member roles at the Harvard University Kennedy School of Business and Government on public policies, the Gates Foundation, and the United Kingdom FinTech Innovation Committee under the rules of the Her Majesty’s Treasury (HMT) division. 

15:0015:15

Break

15:00 - 15:15

15:1516:15

Third party vendor risk

15:15 - 16:15

  • Overview of vendor partnerships and associated risks

  • Selecting a vendor partner

  • Designing business process interface with the vendor

  • Assimilating vendor’s risk management procedures

  • Benefits of joint incident response exercises

  • Maintenance of the continual management of the risk profile

  • Fourth party risk

Subas Roy

CEO

ICAG Partners & global chairman, International RegTech Association

Subas is a CEO at ICAG Partners with over 20 years of strategic consulting experience in Banking and Financial Services inorganic growth, digital innovation and digital transformation. He has led and designed Digital Innovation, Regulatory and Financial Inclusion strategies for multiple central banks and regulators across Western Europe, North America and Asia Pacific regions. 

Prior to ICAG, Subas ran a growing management consulting business in Oliver Wyman with 24 revenue generating Partners and another ~120 consultants with YoY global revenue of ~$130MM focusing on (a) digital strategy and acceleration including market infrastructure reorganisation; (b) digitalization of risk and regulatory compliance in banks and regulators; and (c) cost optimization across 3LoDs in tier-1 banks and FIs including corporate finance advisory for buyout and other strategic options. 

Subas was also a senior Partner at two Big4 Professional Services (2011-2017 at Ernst & Young, and 2005-2010 at PricewaterhouseCoopers) responsible for developing global strategy advisory practice for Banking transformation fuelled by disruption and technological advancement, supported with proper people and process strategies, and how to deliver an accelerated digital change, ethically and responsibly in a growing, emerging economy. In Thailand, he led digital banking transformation for 2 of the top 3 Banks head quartered in Bangkok over a period of 4 years.

Subas is also the Founder and currently non-executive Global Chairman of the International RegTech Association (IRTA), a premier non-profit association representing the RegTech firms, central banks/regulators, and innovators in ~30 countries.

Previously he has held External Advisory Board appointments to the United Nations Capital Development Fund (UNCDF) on two digital innovation missions in South-east Asia, including creating a digital identify platform in Nepal and helping the Ministry of Electronics and Information Technology of India to develop a digital identification platform (Aadhar) for 1.3BN Indian citizens.

Subas has also held international Expert Panel chair and member roles at the Harvard University Kennedy School of Business and Government on public policies, the Gates Foundation, and the United Kingdom FinTech Innovation Committee under the rules of the Her Majesty’s Treasury (HMT) division. 

16:1516:15

End of course

16:15 - 16:16