The financial services industry is at a crossroads. The relentless evolution of cyber threats coupled with the impending implementation of the Digital Operational Resilience Act (DORA) has created a complex landscape demanding unprecedented levels of cybersecurity resilience.
In an era where digital transformation is rapidly reshaping the financial industry, safeguarding our institutions against cyber threats and ensuring robust operational resilience has never been more critical. The financial sector, being a prime target for cyberattacks, faces unique challenges that demand comprehensive and forward-thinking approaches to security and resilience. The increasing sophistication of cyber threats, coupled with regulatory demands, necessitates a deep understanding and implementation of effective cybersecurity strategies and compliance frameworks.
During this very practical 1 day course we will delve into the core aspects of cybersecurity resilience, exploring how financial institutions can enhance their defences, mitigate risks, and ensure business continuity in the face of evolving cyber threats. We will also provide a thorough overview of the DORA regulation, a landmark initiative by the European Union aimed at harmonizing digital operational resilience requirements across the financial sector.
This workshop is designed to equip financial institutions with the knowledge and strategies needed to navigate this dynamic environment. We will delve into the critical aspects of cybersecurity resilience, exploring how to protect your organization from emerging threats while ensuring compliance with DORA’s stringent requirements.
This workshop is essential for Senior Managers, risk managers, cybersecurity professionals, IT leaders, and compliance officers who are committed to safeguarding their organization’s digital assets and reputation.
What will you learn
By the end of this workshop, you will gain a comprehensive understanding of:
- The evolving threat landscape and its impact on the financial services sector
- Key components of a robust cybersecurity framework
- Practical strategies for building resilience into your organization
- DORA’s key provisions and their implications for your business
- Developing a roadmap for DORA compliance
Course Content
- Digital Operational Resilience Act (DORA)- Background and Scope
- ICT Related capabilities and Information Systems
- Cybersecurity, ICT Risk Management, BCP, Governance and Control Frameworks
- Introduction to ICT frameworks - COBIT5, DSS and ICT Risk processes
- Banking, Payments and Settlements, Asset Management, Insurance- ICT Risk and DORA impact
- Other related EU Directives - MIFID II, PSD2, NIS2 and CER impact on DORA implementation
- Next Steps - Operational and ICT Risks and Opportunities, Upcoming Regulations and Best Practices in the Industry
Speakers
The Course Director is an industry advisor and regulatory expert with over 20 years of experience in investment banking, asset management and Regulatory Technology (RegTech). He is an industry expert in Financial Regulation, RegTech, Open Banking, Digital Payments and Payments Systems
His experience spans strategic regulatory technology, process and platform management, particularly creating future state Open Banking APIs, Payment Platforms, RegTech Big Data platforms, and incorporating Risk and Governance policies (Security, SLAs, etc.), using technology such as HDFS/Hadoop and Scala, and Quantitative analytics and Artificial Intelligence tools like Python and QA libraries. Advanced Order Management Systems skills (Charles River, Thinkfolio). Advanced analysis skills using Excel and Access. He is also experienced in integrating Digital Payments and Payment Gateways with the retail and institutional banking frameworks; Deep expertise in analysing and implementing FinTech lending and asset management models, including Digital Banking and Digital Assets infrastructure (using Blockchain for central banking (CBDCs)), investment banking/retail banking, and supply chain finance;
His in-depth understanding of the whole range of the key technological and regulatory solutions allows him to advise on the best ways to optimise systems and operations to meet industry requirements.
His recent key engagements include banks such as HSBC, Deutsche Bank, JP Morgan and Barclays and buy-side firms such as T. Rowe Price, Ruffer, Investec Asset Management, and M&G, to name a few.
He is also a member and advisor of Industry association committees including ESMA, FCA, PRA/Bank of England and SEC.
Darius is a strategy, commercial, and investments professional with 12+ years experience, in banking (Barclays Vice President) and FinTech organisations, as both an operator and investor. His core competencies include identifying strategic priorities, conducting market research on emerging trends, building relationships, sourcing and executing investments, strategic partnerships, managing due diligence processes, financial modelling and driving post- investment commercialisation. He is passionate about leveraging new technologies, and product design, to deliver innovative solutions to address market needs and trends, whilst generating value for stakeholders.
He has a global outlook, having lived in London, Singapore, France and Madrid and his commercial experience spans North American, EMEA and APAC markets.
Darius holds a First Class Honours degree in Economics from the University of Edinburgh and studied Applied Machine Learning at Columbia University.
Who Should Attend
This course is the most useful for:
- Chief Technology Officers
- Chief Risk Officers
- Heads of Corporate Governance
- Head of and Managers of Operations, Compliance and Audit functions
- Cybersecurity Professionals
- Heads and Managers of IT
- ICT Service Providers
- Key decision-makers within banks, asset managers, insurers, and public and private companies with DORA requirements
