In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.
Key to this evolution is the development of maturity-based strategies that account for an organisation's current capabilities and future aspirations. This approach, coupled with process optimisation and the implementation of multi-layered architectures, forms the foundation of robust operational resilience.
In this FStech Fireside Chat, Patrick Smith, Field CTO for EMEA at Pure Storage, challenges long-held assumptions and calls on financial institutions to develop a nuanced understanding of operational norms, and leverage data-driven insights to create a more dynamic and responsive security posture.