Fragmented controls open the door to threats
Poor risk management integration is creating risk exposure for banks as attacks get more sophisticated. An enterprise-wide operating model for risk management can reduce the danger.
of banking respondents say poor risk management integration increases fraud exposure
say third-party risk is a top cybersecurity challenge in banking
What’s in the report?
- Fixing risk program disconnects: ERM processes need to be updated to standardize controls across functions. Banking leaders share their top risk management integration challenges.
- Securing AI systems: Banks’ AI governance needs to keep pace with AI adoption. Our survey asked how banks’ AI investments are evolving in cyber operations.
- Improving service provider management: Third-party oversight needs to keep pace with an evolving vendor landscape. We asked banking leaders about their biggest challenges in building effective cybersecurity.
- Strengthening data quality and visibility: Data issues are limiting controls effectiveness. Banking leaders share their top limitations in effective fraud response.
Get the report