Welcome

The Race to Digital: How are FSIs Leveraging DevSecOps and Other Practices to Meet Rising Demand for Digital in a Security-Conscious World?

Sponsored by Synopsys
Wednesday 21 April 2021, 12:30
Zoom

With customers leading increasingly digital lifestyles, financial institutions are under intense pressure to develop, test and rollout new products and services at pace— or risk losing their market share and top talent to more agile competitors.

But as the speed of digital transformation accelerates, many FSIs are finding that this process, alongside industry-wide shifts to cloud-based architecture, are being held back by decades of legacy IT infrastructure and a raft of compliance and security challenges in a quickly evolving cyber risk landscape.

And even when the migration to more modern systems and digital platforms is underway, teams are increasingly finding that an increased attack surface can open up a Pandora’s box of security challenges.

To tackle this dilemma, some are exploring a DevSecOps (development, security and operations) approach. But while ‘security by design’ would appear a simple concept, the reality of integrating it into systems, processes and development lifecycles - and bringing staff and senior leaders along for the journey - can prove far more complex.

Part of the solution involves combining new technology with a cultural shift, ensuring that every employee is aware of their frontline role in protecting systems and customers from the devastating consequences of a breach while proving value and allowing the flexibility needed to keep up with competitors in the race to digital.

This roundtable will bring together senior industry peers to explore the potential of DevSecOps to drive forward digital transformation whilst keeping systems, customers and the company’s bottom line secure.

Topics for discussion

• How have digital transformation strategies changed in the last 12 months for financial services firms, and what does the next phase look like?
  
  
• What are the key challenges to implementing security effectively across the business given the changing cyber risk landscape?
  
  
• What are the main roadblocks for established providers in keeping up with the digital disruptors, especially when it comes to rolling out new products and services?
  
  
• How important is DevSecOps to financial institutions and what are the key issues with implementing this approach?
  
  
• What impact has the shift to cloud had on FSI’s risk management and security strategy?
  
  
• What are the best strategies for securing board buy-in for digital transformation and new technologies, and what are the main hurdles to proving value?
  
  
• How are FSIs responding to changing regulatory requirements, and do FinTechs have an advantage over incumbents when it comes to adapting?
  
  
• What role can employee education and upskilling play in helping to secure systems and how can technology be leveraged to break down siloed working between business areas?
  
  
• What are the best approaches to formulating a technology investment strategy, and how are FSIs striking the right balance between value and efficiency with digital solutions?
  
  

Timings:

12:30 – 12:40   Editor’s Welcome
12:40 – 14:00   Topic Discussion

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