The biggest change to the cyberthreat environment for the financial services sector is not only the increase in the scale, frequency and sophistication of attacks, but also the identity of the actors and their objectives. We live in a world where a cyberattack could disrupt and undermine confidence in global financial markets.

The financial sector has always had a heightened awareness to these threats, and many global institutions have more sophisticated cybersecurity capabilities than most countries. It involves identifying points of failure, acknowledging and accounting for the human elements in the preventions and response phase, and always questioning assumptions.

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