Cyber-resilience in financial services
Regulatory compliance and operational best practice for digital resilience
As firms increasingly rely on digital solutions to enhance customer experiences and rapidly deliver new products, operational resilience has become more vital than ever for the financial services sector. The adoption of cloud technologies supports scalability and agility but introduces complexities in IT frameworks and third-party dependencies. Resilience ensures institutions can adapt to and recover from disruptions, safeguarding customers and business stability.
The Digital Operational Resilience Act (DORA) sets stringent IT security requirements for financial entities across the EU, emphasising data protection, breach detection and operational testing. DORA aligns with frameworks such as Basel III and GDPR, creating a comprehensive regulatory landscape focused on security and resilience.
To achieve compliance and operational security, firms must assess their current maturity by identifying gaps, risks and stakeholder roles. Strategies should focus on ICT risk management, incident response, third-party oversight and rigorous operational testing. Developing a compliance roadmap with clear priorities, advanced monitoring tools and regular audits is essential.
Cloud-specific challenges, such as ensuring service continuity during outages, require innovative solutions – multi-cloud strategies, for example. Proactive collaboration across teams and regulators will further strengthen resilience. By aligning technology, processes and compliance efforts, financial institutions can meet regulatory requirements while enhancing trust and stability in an increasingly digital environment.
Join us to network with your peers and gain practical insights into strategies for building cyber-resilience. This is an exclusive event and seat numbers are very limited, so apply for your place now.
The topics we will explore
During the meeting we will focus on questions such as:
- What key challenges do financial services organisations face in achieving operational- and cyber-resilience, particularly in an increasingly digital and cloud-based environment?
- What is best practice for operational resilience in the financial services sector, and how does it align with regulatory frameworks like DORA?
- What practical steps can organisations take to achieve both operational resilience and regulatory compliance, and what common obstacles might impede progress?
- How can AI and advanced data-driven tools enhance compliance, bolster security and streamline resilience efforts within financial services?
- How can financial services firms foster collaboration across internal teams and regulators to ensure continuous improvement and alignment with evolving resilience standards?
- What role do third-party service providers, including cloud platforms, play in operational resilience, and how can organisations manage these dependencies effectively?
Who is invited?
This discussion over dinner is designed for senior decision-makers across the financial services industry who wish to discuss building cyber-resilience. Delegates will be employed as senior cyber- and information-security decision makers in large organisations in the financial services sector.
Be one of 15 senior cyber-security professionals attending the event at the House of Lords in central London. For any enquiries, please contact Mergim on 020 8349 6458 or email m.begolli@business-reporter.co.uk.
The event is brought to you by BT and Palo Alto and is only for senior executives as mentioned above. Registrations of junior professionals, consultants, solution providers or other sellers to this market won’t be accepted. To be eligible you must be employed by a corporate legal entity such as a private company. If you are a sole trader or in a partnership other than a legally incorporated one, we will be unable to offer you a place.
This event is free of charge to attend.
When you register, we will ask you for your corporate email address which we will share only with the event sponsor(s). See our privacy policy.