Conquering technology risk in banking - 5 ways leaders can transform risk into advantage

In today’s rapidly digitising marketplace, a bank’s growth and competitiveness depends on its ability to innovate rapidly and safely. That can be a complex balancing act, since faster digital innovation often exposes banks to greater technology, cyber, and operational risks, as well as regulatory scrutiny.

This report, based on a comprehensive survey of 750 banking executives completed in May 2023, explores the best practices, challenges, and performance benefits around improving technology risk management and resilience.

The report reveals the best practices of risk leaders in this endeavour and provides valuable insights and lessons for banks earlier in their risk journeys.