Email Security Challenges in Financial Services
|Date:||December 17, 2019|
|Time:||3:15pm - 5:00pm|
|Venue:||Block 3, |
Join us on 17 December at the Digital Jersey Hub for afternoon tea and biscuits to discuss email security challenges in financial services. We will dive deeper into the security risks your organisation faces with emails and explore strategies that can be implemented to avoid these risks.
Banking trojans, phishing attacks, ransomware and push payment scams are serious security concerns for the finance industry. These risks are linked to either compromised email accounts or initiated by unsuspecting recipients.
According to the banking body UK Finance, in the first 6 months of 2019 around £210m was lost to scams that involved criminals hacking into email accounts, up 40% over 2018’s figure. Standard countermeasures such as anti-spam and anti-malware protections filter out some of these types of scam emails, but they are not fool-proof, especially against the most sophisticated attacks. These security measures are extremely difficult to enforce and manage as you have no control of your client’s mailbox and PC. Therefore, financial organisations should look to adopt a different strategy.
|3:15pm – 3:30pm||Registration|
|3:30pm – 3:50pm||GDPR & Email Risks – Damon Greber, BDO Risk and Advisory|
|3:50pm – 4:20pm||Why email is the biggest concern for Financial Services – Olivier Adam|
|4:20pm – 4:30pm||Introducing the Novastone Secure Messaging Platform – Olivier Adam|
|4:30pm – 5:00pm||Networking|
Chief Commercial Officer
Olivier is a senior entrepreneurial leader with over 15 years of experience in sales and marketing leadership in successful companies such as Skrill and Hootsuite. Olivier has also been advising multiple start-ups over the years, helping dozens of companies obtain funding and, as an adviser for others, supporting them from creation all the way to successful exit.
Director of Risk and Advisory Services
As Director of Risk Advisory Services, Damon’s remit is to deliver tangible change within organisations in a risk managed approach. His focus is to bring together cross functional teams in order to assist clients in managing their risks. He has over 17 years’ experience in both consultancy with a leading professional services firm and as the Group Head of Internal Audit for a significant Hedge Fund Manager.