Academy’s expert made a presentation at the conference “Fintech Data Security: Trends, Regulations and Challenges”
In 2017, during the attacks of the bug– cryptographer NotPetya, occurred turning point in Ukrainian cybersecurity: the management of commercial and government structures were able to assess the true extent of the damage, which may result from insufficient attention to information security issues. As a result, cybersecurity was considered as one of the priority areas of funding, measures were taken to eliminate the consequences and prevent such attacks in the future.
However, now everything has returned to the previous level and information security become of secondary importance. At the same time, the number of attacks throughout the world and their level is constantly growing, and the amount of damage from them sometimes brings irreparable damage to the organization.
How to minimize damage from cyber attacks? How to prevent fraud and transaction fraud?
Does compliance with information security standards (PCI DSS, GDPR, requirements of Central Banks and regulators) help in risk minimization or does it simply require additional resources and time?
These questions will be key to the discussion at the Fintech Data Security: Trends, Regulations and Challenges conference, which will be held on September 19, 2019.