Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Chris's AI Deep Dive

Cyber Resilience for Financial Services: A Ticking Clock

26 Jul 2025

Description

This report, a collaboration between McKinsey & Company and the Institute of International Finance (IIF), examines the increasing cyber risks faced by financial institutions as they adopt emerging technologies. Based on a 2023 survey of 37 global financial firms, it highlights that while technologies like cloud computing and applied AI offer significant benefits, they also introduce new vulnerabilities and amplify existing ones. The report emphasizes that financial institutions are struggling to keep pace with these evolving threats, often underinvesting in cybersecurity and facing talent gaps. Ultimately, it calls for a proactive and strategic approach to cybersecurity to "future-proof" their operations against mounting risks.

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.