Cyril Roux: Cybersecurity and cyber risk

Speech

Cyril Roux: Cybersecurity and cyber risk

In this address, Cyril Roux elevates cybersecurity from a niche technical concern to a top-tier prudential and systemic risk, warning that the "next big financial shock" will likely stem from coordinated cyber-attacks. He identifies a rapidly professionalizing cybercrime industry, where "Cybercrime-as-a-Service" allows even low-skilled actors to execute sophisticated attacks.

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