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Agenda Overview 

The intersection of financial services and cybersecurity took on a new depth in 2020, with the rapid digitization of products and services and the wholesale shift to remote working caused by the pandemic. We now know many of these changes are here to stay, and cybersecurity is increasingly central to being competitive in a digital marketplace.  

New cyber challenges and risks call for increased sharing across borders and the only way to stay ahead of sophisticated threat actors is to collaborate. Join our two-day virtual summit to stay at the forefront of these new technology trends and emerging paradigms. A mix of live and on-demand sessions covering relevant topics around:

  • Technology, Cloud, Application, and Data Security
  • Governance, Risk Management, Compliance, and Resilience
  • Payments and Currency
  • Cross-Border Intelligence


Summit Chair

Mr. Ashutosh Jain | CISO | IndusInd Bank, India

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He provides strategic direction and delivers Cyber Security, Information Risk and Security Governance at IndusInd Bank. In a career spanning twenty three years, Jain had played key roles in leading banks and organizations such as Axis Bank, Barclays Bank, Nomura India, AXA Business Services, Bank of America and PricewaterhouseCoopers.
Jain has consistently been specializing in Technology Risk and Information Risk for about two decades for regional and global levels at various multinational banks and financial institutions. His areas of expertise and core competencies include Business Process Controls, Applications Risks, Technology Infrastructure Risks, Business
Continuity & Disaster Recovery Risks, Technology Audits, Identity & Access Management Controls, Technology Forensics and Investigations.


Prior to joining IndusInd Bank, Jain was CISO for Axis Bank. Previous to that, he was Head of India and Emerging Markets, Technology Risk and Information Risk, at Barclays where he established Technology Risk Management function, Information Risk Management function and Internal Controls function for the Retail and Commercial bank in India. He later managed Information Risk across 14 Emerging Market countries including Barclays Africa and looked after the Technology Risk function for India region for Corporate Bank, Investment Bank and Wealth business in India.

Jain is a CISA and PDGM in Information Systems & Finance. He is a regular speaker at international and India conferences.

Covid, Cloud, Cybersecurity and Controls – the 4 Cs of C-Suite’s Conundrums

Tan Yeow Seng, Executive Director & Chief Cyber Security Officer | Technology and Cyber Risk Supervision Department | Monetary Authority of Singapore

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The expanded digital footprint brought about by the COVID-19 pandemic, along with the growing use of public cloud, application programming interfaces, as well as third party service providers has amplified the attack surface and risk exposure of financial institutions. Given the highly interconnected global financial ecosystem, and the increasing complexity of cyber-attacks, it takes a concerted effort and close collaboration among different stakeholders in the ecosystem to manage cyber risks.

Please join Yeow Seng as he highlights key technology trends and cyber risks, as well as the importance of maintaining a high level of situational awareness and timely sharing of actionable information to defend against the evolving cyber threats.

Bio: Tan Yeow Seng heads the Technology and Cyber Risk Supervision Department at the Monetary Authority of Singapore (MAS), which is responsible for developing cybersecurity strategy and policies for the financial sector and supervising financial institutions’ technology and cyber risk management. In November 2017, he was appointed as MAS’ Chief Cyber Security Officer, whose role involves playing the second line of defence role for MAS’ own cyber resilience as well as strengthening the cyber resilience of the financial sector.

Cyber Security for Financial Regulators; Challenges Under DX and COVID-19 Pandemic

Kiyotaka Sasaki, Visiting Professor | National Hitotsubashi University Graduate School of Administration (Former Director General, FSA, Japan)

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Going digital equates to the need for cross-border collaboration. This keynote session will cover:
  • The intertwining of economic, financial security, and money laundering, and how this requires senior leadership at FI’s to embrace this as part of their responsibility
  • DX and cybersecurity are at the core of the financial business. Management needs to understand this is not just about the business, but their decision-making is part of society and our way of life.
  • Unbundling and decentralization of finance, the evolution of the role of finance, and how this creates more variation of risk and regulations
  • Financial industry’s dependency on outsourcing: the financial industry’s Achille’s tendon, should regulators intervene?
  • Cloud security vendors don’t take the responsibility FI’s want them to
  • Partly to do with the literacy of FI’s regarding cloud vendors and their culture, and what the license agreements say
  • If cloud vendors are not going to listen to FI’s, should regulators actively talk to the cloud vendors?
  • Japan’s Cybersecurity Strategy and Digital Strategy

Bio: Mr. Sasaki joined the Ministry of Finance, Japan in 1983 and spent more than 20 years at Financial Services Agency (FSA) Japan as Director General of Securities and Exchange Surveillance Commission (SESC), Director General of Certified Public Accountants and Audit Oversight Board (CPAAOB) as well as Director General of Department of Strategy Development and Management. He has a number of experiences in financial sector supervision and capital market oversight both at policy development and execution level. His professional experiences and expertise cover prudential risk management, compliance/conduct risk management, oversight of misconducts in financial markets, internal and external audit functions, corporate governance, IT governance including digitalization and cyber security threats. After leaving FSA in July 2019, he is currently working as Visiting Professor at National Hitotsubashi University Graduate School of Business Administration in charge of programs for global financial regulation and oversight.

Cyber Economics: An Exploration into Ransomware

Dr. Matthew Ryan, Associate Director Cyber Assurance | Macquarie Bank

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The presentation will explore the rise of ransomware and how the parallel emergence of encryption technologies has elevated ransomware to become the most prodigious cyber threat that governments and enterprises are confronting. From there it will cover the cyber economics of ransomware, and how ransomware attack methods are evolving. The final section of the presentation will outline why we need to change our strategic approach to defending ransomware.

Bio: Dr. Ryan has recently joined Macquarie Bank as the associate Director for cyber assurance. Prior to joining Macquarie, he has performed senior cybersecurity roles for organizations such as Australian Prudential Regulatory Authority (APRA), Deloitte, and the Australian Defence Forces. He completed multiple master’s degrees before receiving his doctorate on ransomware from the University of New South Wales in 2020. Concurrently he is a cyber security researcher at the UNSW specializing in enterprise cybersecurity, strategy, and risk management practices.

Safeguarding your Supply Chain in a Digital World

TS Chng | Mastercard

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The use of digital technology – further accelerated by COVID-19 – is fast becoming a business imperative to streamline operations, achieve efficiencies, dissolve borders and reach consumers. However, the risk of cyber threat rises in tandem with connectivity. Each connection, both internal and with third-parties, are a potential point of vulnerability, and an opportunity for fraudsters to exploit.

The 2020 Allianz Risk Barometer Survey results show that for the first time, cybersecurity is the leading risk for businesses in AP. Supply chain risk management is essential as businesses face potential vulnerabilities through third-party relationships, including multi-party cyber incidents that affect numerous organizations with both direct and indirect connections to the initial victim. In this session, you will learn about the new risks to supply chains and how Mastercard is helping businesses manage cyber vulnerabilities to fortify their supply chains.

The Evolution of Crypto-Mining Malware and its Risk to the Financial Sector

Abdallah Alomari, Intelligence Analyst – APAC, Global Intelligence | FS-ISAC

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This session will discuss the recent updates related to Crypto-Mining Malware and crypto-jacking. This will include the latest TTPs and Crypto-Mining Malware that has been used to target financial sector among other. It will also cover the impact of crypto-jacking on financial institutions including financial impact, Information security concerns, and possible exploitation for additional vulnerabilities within the organization network. The session will include intelligence statistics, as well as open-source findings. The session will also include best practices to protect against Crypto-Mining Malware.