Governance, risk & compliance


Embracing a zero-trust cybersecurity model


Cybercrime has soared during the pandemic – not least because, with many employees working from home, banks and their customers have become more vulnerable to attacks. Abi Millar speaks to Yuval Illuz, group chief information security offi cer of Standard Chartered Bank, who explains how banks can defend themselves against the new and rapidly evolving risks.


ver the past year, we have seen an unprecedented shift in working practices. Remote working, previously a minority pursuit, became the norm almost overnight, with the majority of white-collar workers now doing their jobs from home.


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Much ink has been spilled over the benefits and drawbacks of this shift – whether you love your home


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office set-up or are itching to get back to physical meetings really comes down to personal preference. However, remote working comes with one definitive disadvantage for organisations: the increased risk of cyberattacks. “In June last year, about 70% of our 85,000 staff across the world were working from home,” says Yuval Illuz, group CISO of Standard Chartered Bank.


Future Banking / www.nsbanking.com


Arthimedes/Shutterstock.com


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