02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx

1. Fabio Colombo
Global FS Security Lead - Accenture
Charting the future:
how to help Fintech
navigating amidst
global shifts and
regulatory dynamics

2. How to navigate amidst global shifts and regulatory dynamics
FS institutions grapple with cyber threats, talent shortages, and regulatory shifts. They must adapt strategically, fortify
cybersecurity, and streamline compliance to thrive amidst rapid technological changes and geopolitical uncertainties.
Impact of geopolitics New Technology
Adoption
Evolving regulatory
landscape
Skill gap Cost pressure

3. How to navigate amidst global shifts and regulatory dynamics
FS institutions grapple with cyber threats, talent shortages, and regulatory shifts. They must adapt strategically, fortify
cybersecurity, and streamline compliance to thrive amidst rapid technological changes and geopolitical uncertainties.
Impact of geopolitics
Increase in conflicts leading
to state-sponsored and
collateral cyber attacks
necessitating enhanced
cybersecurity measures
Trend towards protectionism
resulting in localization and
perimetral security focus
Natural disasters causing
supply chain disruptions and
emphasizing supply chain
resilience
Surge in cyber insurance
premiums highlighting the
importance of robust
cybersecurity
New Technology
Adoption
Evolving regulatory
landscape
Skill gap Cost pressure

4. How to navigate amidst global shifts and regulatory dynamics
FS institutions grapple with cyber threats, talent shortages, and regulatory shifts. They must adapt strategically, fortify
cybersecurity, and streamline compliance to thrive amidst rapid technological changes and geopolitical uncertainties.
Impact of geopolitics
Increase in conflicts leading
to state-sponsored and
collateral cyber attacks
necessitating enhanced
cybersecurity measures
Trend towards protectionism
resulting in localization and
perimetral security focus
Natural disasters causing
supply chain disruptions and
emphasizing supply chain
resilience
Surge in cyber insurance
premiums highlighting the
importance of robust
cybersecurity
New Technology
Adoption
Adoption of Artificial
Intelligence, Quantum
Computing, and cloud
computing revolutionizing the
industry
Emergence of sophisticated
cyber attacks like deepfakes,
phishing, and malware
Threat of quantum computing
prompting preparations for
quantum-resistant
cryptography
Managing security risks
associated with AI algorithms
and IT/OT convergence
Evolving regulatory
landscape
Skill gap Cost pressure

5. How to navigate amidst global shifts and regulatory dynamics
FS institutions grapple with cyber threats, talent shortages, and regulatory shifts. They must adapt strategically, fortify
cybersecurity, and streamline compliance to thrive amidst rapid technological changes and geopolitical uncertainties.
Impact of geopolitics
Increase in conflicts leading
to state-sponsored and
collateral cyber attacks
necessitating enhanced
cybersecurity measures
Trend towards protectionism
resulting in localization and
perimetral security focus
Natural disasters causing
supply chain disruptions and
emphasizing supply chain
resilience
Surge in cyber insurance
premiums highlighting the
importance of robust
cybersecurity
New Technology
Adoption
Adoption of Artificial
Intelligence, Quantum
Computing, and cloud
computing revolutionizing the
industry
Emergence of sophisticated
cyber attacks like deepfakes,
phishing, and malware
Threat of quantum computing
prompting preparations for
quantum-resistant
cryptography
Managing security risks
associated with AI algorithms
and IT/OT convergence
Evolving regulatory
landscape
Evolving regulations such as
DORA, Data Act, AI Act, and
Post Quantum Cryptographic
Influence of the "Brussels
effect" on cloud services
Regulatory pressures leading
to compliance challenges
for mid-tier institutions
Importance of robust cyber
and operational resilience
practices with a rising trend
on TPRM and cloud
compliance measures
Skill gap Cost pressure

6. How to navigate amidst global shifts and regulatory dynamics
FS institutions grapple with cyber threats, talent shortages, and regulatory shifts. They must adapt strategically, fortify
cybersecurity, and streamline compliance to thrive amidst rapid technological changes and geopolitical uncertainties.
Impact of geopolitics
Increase in conflicts leading
to state-sponsored and
collateral cyber attacks
necessitating enhanced
cybersecurity measures
Trend towards protectionism
resulting in localization and
perimetral security focus
Natural disasters causing
supply chain disruptions and
emphasizing supply chain
resilience
Surge in cyber insurance
premiums highlighting the
importance of robust
cybersecurity
New Technology
Adoption
Adoption of Artificial
Intelligence, Quantum
Computing, and cloud
computing revolutionizing the
industry
Emergence of sophisticated
cyber attacks like deepfakes,
phishing, and malware
Threat of quantum computing
prompting preparations for
quantum-resistant
cryptography
Managing security risks
associated with AI algorithms
and IT/OT convergence
Evolving regulatory
landscape
Evolving regulations such as
DORA, Data Act, AI Act, and
Post Quantum Cryptographic
Influence of the "Brussels
effect" on cloud services
Regulatory pressures leading
to compliance challenges
for mid-tier institutions
Importance of robust cyber
and operational resilience
practices with a rising trend
on TPRM and cloud
compliance measures
Skill gap
High demand for skilled
professionals at all levels
Talent retention challenges
for mid and low-tier
institutions
Burnout among SOC staff
highlighting the need for talent
retention strategies
Increase of cybersecurity
awareness at the C-suite and
board levels
Cost pressure

7. How to navigate amidst global shifts and regulatory dynamics
FS institutions grapple with cyber threats, talent shortages, and regulatory shifts. They must adapt strategically, fortify
cybersecurity, and streamline compliance to thrive amidst rapid technological changes and geopolitical uncertainties.
Impact of geopolitics
Increase in conflicts leading
to state-sponsored and
collateral cyber attacks
necessitating enhanced
cybersecurity measures
Trend towards protectionism
resulting in localization and
perimetral security focus
Natural disasters causing
supply chain disruptions and
emphasizing supply chain
resilience
Surge in cyber insurance
premiums highlighting the
importance of robust
cybersecurity
New Technology
Adoption
Adoption of Artificial
Intelligence, Quantum
Computing, and cloud
computing revolutionizing the
industry
Emergence of sophisticated
cyber attacks like deepfakes,
phishing, and malware
Threat of quantum computing
prompting preparations for
quantum-resistant
cryptography
Managing security risks
associated with AI algorithms
and IT/OT convergence
Evolving regulatory
landscape
Evolving regulations such as
DORA, Data Act, AI Act, and
Post Quantum Cryptographic
Influence of the "Brussels
effect" on cloud services
Regulatory pressures leading
to compliance challenges
for mid-tier institutions
Importance of robust cyber
and operational resilience
practices with a rising trend
on TPRM and cloud
compliance measures
Skill gap
High demand for skilled
professionals at all levels
Talent retention challenges
for mid and low-tier
institutions
Burnout among SOC staff
highlighting the need for talent
retention strategies
Increase of cybersecurity
awareness at the C-suite and
board levels
Cost pressure
Continued rise in
investments amidst
consolidation and cost
efficiency demands
Fragmentation in the
vendor market driving the
need for consolidation
strategies
Shift towards embedding
security within the business
and prioritizing customer
trust
Emphasis on defining a
sourcing strategy

8. How to navigate amidst global shifts and regulatory dynamics
FS institutions grapple with cyber threats, talent shortages, and regulatory shifts. They must adapt strategically, fortify
cybersecurity, and streamline compliance to thrive amidst rapid technological changes and geopolitical uncertainties.
Impact of geopolitics
Increase in conflicts leading
to state-sponsored and
collateral cyber attacks
necessitating enhanced
cybersecurity measures
Trend towards protectionism
resulting in localization and
perimetral security focus
Natural disasters causing
supply chain disruptions and
emphasizing supply chain
resilience
Surge in cyber insurance
premiums highlighting the
importance of robust
cybersecurity
New Technology
Adoption
Adoption of Artificial
Intelligence, Quantum
Computing, and cloud
computing revolutionizing the
industry
Emergence of sophisticated
cyber attacks like deepfakes,
phishing, and malware
Threat of quantum computing
prompting preparations for
quantum-resistant
cryptography
Managing security risks
associated with AI algorithms
and IT/OT convergence
Evolving regulatory
landscape
Evolving regulations such as
DORA, Data Act, AI Act, and
Post Quantum Cryptographic
Influence of the "Brussels
effect" on cloud services
Regulatory pressures leading
to compliance challenges
for mid-tier institutions
Importance of robust cyber
and operational resilience
practices with a rising trend
on TPRM and cloud
compliance measures
Skill gap
High demand for skilled
professionals at all levels
Talent retention challenges
for mid and low-tier
institutions
Burnout among SOC staff
highlighting the need for talent
retention strategies
Increase of cybersecurity
awareness at the C-suite and
board levels
Cost pressure
Continued rise in
investments amidst
consolidation and cost
efficiency demands
Fragmentation in the
vendor market driving the
need for consolidation
strategies
Shift towards embedding
security within the business
and prioritizing customer
trust
Emphasis on defining a
sourcing strategy