Recent global IT outages and escalating cyber incidents have exposed the critical need for banks and payment providers to bolster operational risk control and digital resilience. The adoption of FedNow’s instant payments, RTP, and ISO 20022 standards across North America has propelled banks to prioritize resilience investments at unprecedented levels. Alongside this, new cybersecurity guidelines from US Federal agencies are demanding careful navigation and compliance investment. With little to no margin for error, achieving cyber resilience in today’s instant world has never been more important.
This roundtable will bring together experts in payments, resilience, risk and operations to explore the current cyber resiliency imperative in a world of instant payments and how banks can best prepare.
Attend to gain insights on:
- How to get ahead of new cyber regulations and guidelines
- How banks can prioritise resilience and security in their payments modernisation journeys
- Identifying how resilience in payments can be future-proofed
Welcome and participant introductions
Scene Setter | Navigating cyber threats and risk in an instant payments world
Discussion:
- From new regulations to new payment rails: evaluating the evolving payments landscape
- Assessing the impact of instant payments on risk and resilience: how can banks effectively operate 24/7/365 in a secure manner?
- Leveraging the power of ISO 20022 standards to manage risk and security
- Ensuring robust stress testing: strategies for success in payments and beyond
- From vulnerability assessments to employee training: how can the risk of outages be minimised further?
- Business continuity in focus: how do disaster recovery strategies need to adapt?
- Future-proofing operational resilience: ensuring payments remain instant, dynamic and secure
Closing remarks
(75 minutes)
Speakers:
About Kyndryl
Kyndryl works at the core of businesses that move the world. With more than 90,000 skilled professionals serving customers in over 60 countries, we design, build, manage and modernize the mission-critical technology systems that the world depends on every day.
To learn more, visit www.kyndryl.com