Cybersecurity summit highlights identity-based fraud as key concern for banks, financial institutions

Trend Micro executives and featured cybersecurity thought leaders from the Philippines and the Southeast Asia region debate and discuss various topics under the cybersecurity with focus on the BFSI sector.

The banking, financial services, and insurance (BFSI) industry remains at the forefront of issues surrounding cybersecurity in the Philippines, particularly identity-based fraud, based on a recent summit Trend Micro hosted for free for executives, professionals, and consultants from the financial services industry. (more…)

BFSI Cybersecurity Summit 2022 Philippines

There’s a simple but powerful dynamic driving cyber risk for most financial services organizations today. The more you invest in digital infrastructure and tooling to drive sustainable growth, the more you may expose yourself to attack. According to experts, digital transformation during the pandemic pushed many organizations over a technology “tipping point” from which they will never return. In short, the future of finance is digital—from hybrid working to cloud-powered customer experiences, which created various challenges for security team.

This challenge is often articulated in terms of the digital attack surface—that is, the collection of applications, websites, cloud infrastructure, on-premises servers, operational technology (OT) and other elements which are often exposed to remote threat actors. The risks associated with attacks can be mitigated if financial institutions have visibility into all these assets, calculate their risk exposure accurately and then take steps to secure the attack surface. Yet, it can be said that many still struggle to do so.

BFSI Cybersecurity Summit is a roadshow event designed as a platform to explore the recent topics and innovation in cybersecurity across Southeast Asia, focusing on the Banking and Financial Services industry. In this event in the Philippines, we invite a panel of best-in-class cloud and cybersecurity thought leaders to discuss and debate the discuss, debate and sharing of the best practices of attack surface risk management with the focus on discover, prioritize, and mitigate the cyber-risk for banking industry.

The topics that we will be discussing in the event includes

  1. Digital Attack Surface Trends and Insights
  2. Evolution of security operation in Bank and Financial Service
  3. Zero Trust model: Identity-based approach vs risk-based approach
  4. Skill sets and knowledge to manage the next generation threat

Join BFSI Cybersecurity Summit 2022 Philippines now!

Wednesday, November 16th, 2022
1:30 PM to 5:30 PM
Fairmont Makati

resources.trendmicro.com/PH-20221116-BFSI-Cybersecurity-Summit.html

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