In today’s increasingly digital marketplace, strong cyber security capabilities are vital to the success – even survival – of any financial services organisation. The common aim across the industry is to achieve mastery of cyber resilience against cyber-attacks, to reduce the risks to a manageable level.   Making progress – but how much? UK financial…

Across the globe, banks and financial services firms are required to navigate numerous international standards and regional regimes―putting increased stress on their people, capabilities and financial resources. These pressures grow as institutions migrate to new technologies, including the cloud. In this two-post blog series, I’ll share Accenture’s Cloud Risk & Regulatory Compliance Framework and how…

It’s self-evident that financial services firms need to apply advanced technologies in their defenses if they’re to stay ahead of today’s cyber adversaries. But technology alone won’t solve the problem. To be cyber resilient, firms need more. Our research and client experience highlight two prerequisites in particular. One is board-level access and engagement for cybersecurity…

In my last post, I shared some of the findings from Accenture’s recent Cloud Readiness survey of 35 retail banks. I also emphasized the importance of a sound cloud strategy and a coherent, comprehensive plan for the transition. In this post, I will try to show how banks can accelerate their cloud journey so that…

If cybersecurity isn’t close to the top of the risk agenda for your financial services firm, then it should be. The number and sophistication of cyberattacks are rising relentlessly – and projections suggest the threats are only going to increase. What’s driving this growth? A significant contribution to growth is the rising availability of advanced…

North American insurers are recognizing the value of leveraging cloud capabilities to drive increased agility, greater operating efficiency, cost reductions and other benefits. In my previous post, I outlined these benefits and how cloud capabilities are delivering them to North American insurers in increasing numbers, and taking cloud enablement to a new level as a…