Financial services organisations need to recognize the threats of cyber risk in a different way. Many have put in place thick walls to protect themselves. But the threats from a cyber event are becoming more prolific. So, although the walls are in place, the threats or activities to commit fraud or attack a firm are evolving to evade traditional measures of protection. Organisations cannot protect themselves at all times from the myriad of potential attacks through multiple channels. So putting in place strategies, technologies and processes to build resilience – or fast recovery – is critical to operating effectively in today’s connected world.