Securing Financial Services

Can AI finally fix cybersecurity?

3rd July 2024 • Park Plaza Victoria, London, UK

Does AI help attackers or defenders the most? Which solutions really use it? And what questions should you be asking?

 

Deconstructing the hype cycle: where is AI the real deal?

The fundamental advantage attackers have over defenders in cyberspace has long been understood: they only have to be right once, while defenders have to be right every time. This problem has been called the “Defender’s Dilemma,” and it lies at the heart of the pessimistic view of cybersecurity which says, “it’s not if but when” and “there are only two kinds of company: those that have been hacked, and those that don’t know that they’ve been hacked.”

 

The rapidly increased availability of access to sophisticated artificial intelligence tools is clearly going to change the calculus in cybersecurity – but to whose advantage?

 

One Big Tech CISO has recently published a paper saying that AI will finally allow defenders to reverse their “Dilemma” and “tilt the scales of cyberspace to give defenders a decisive advantage over attackers [enabling] us to effectively cope with the complexity of our digital world and can help turn every organisation into a competent defender.”

 

However, researchers at an equally large Big Tech monolith point out that timing is everything. They say that the advantages that AI confers on attackers will be decisively negative unless defenders invest now. Their research says that 87% of UK businesses are unprepared for the age of AI due to their vulnerability to cyberattacks. But they also say that organisations that use AI-enabled cybersecurity are twice as resilient to attacks as those that do not, and suffer 20 per cent less costs when successfully attacked.

 

But these assertions raise a host of complex questions:

 

What kinds of AI are hackers using and to do what? Do these attacks require AI to detect and repel? Are the use cases for AI in defence different to those for attackers? Where in your technology stack does AI deliver the most value? How do you evaluate new AI solutions and how confident can you be that they will be relevant in three years’ time? What about explainability?

 

Most importantly perhaps: how does AI help with the commonest and most dangerous threats today – ransomware, third-party security and identity in general.

 

And what about non-AI solutions: are they obsolete? Are we at a technology cliff-edge requiring huge new investment?

 

Securing Financial Services will look at how AI may change cybersecurity and what firms should be doing now to stay secure. Join our real-life case studies and in-depth technical sessions from the security and privacy teams at some of the world’s most admired brands.

  • AI in threat intelligence and detection

    • Automated threat detection systems powered by AI can identify suspicious behavior in real-time, allowing for swift response and mitigation.
    • AI can help distinguish between relevant and irrelevant threats in the tsunami of threat data now available.
    • What are the options for end-users and what questions should they be asking?
  • AI in network anomaly detection

    • AI models can be trained and deployed to automatically analyze datasets, define “normal behavior”, and identify breaches in patterns quickly and effectively.
    • These models can then be used to predict future anomalies to avoid additional breaches in data.
    • These systems are already available – so how are they stacking up? Is AI working?
  • AI vs ransomware

    • The fight against ransomware has been something of a losing battle.
    • AI lowers the barrier to entry for hackers, automates and improves many attack processes and boosts attack volumes.
    • What can AI deliver for defenders? Better malware identification? Better detection of lateral movement? What is the good news?
  • AI in the SOC: transforming a failing legacy model

    • The problems faced by those working in security operations centres (SOCs) are well known.
    • Too many false positives cause fatigue and burn-out and reduce the effectiveness of analysts who come to expect every alert to be false.
    • How can AI transform SOCs into centres of accurate detection – and better places to work. What are your answers?
  • AI and third-party security

    • There are many uses of AI in improving third-party security but not all are ‘glamorous’.
    • AI can also automate traditionally manual tasks of collecting and auditing vendor risk assessments and security questionnaires to reduce operational costs and spot threats in the supply chain more quickly.
    • So, can AI help across these types of tasks?
  • AI boosts XDR?

    • AI is the key to automation: and automated triage, investigation, and remediation efforts at scale are key to good cybersecurity.
    • But to get here firms need smarter AI/ML-driven XDR to help with sorting the signal from the noise on the network.
    • Can AI-driven XDR deliver deep visibility across the entire attack surface and help with that SOC problem too?

Who Attends

Job titles

Cyber Threat Intelligence Relationships Manager
Security Architect
Cyber Analyst
Software engineer
Senior Information Security Analyst
Third Party Risk Lead
Project Manager
Infrastructure Project Principal
Head of Security Risk & Compliance
Chief Technology Officer
Chief Information Security Officer
Financial crime Executive
PCI DSS Support Function Manager
Cyber Analyst – Resilience
Lead Operational Risk Framework Manager
Lead Security Engineer
Business Security Consultant
CSO Risk & Controls
Lead Devops Analyst
CISO
IT Director
Senior Cyber Specialist
Cyber Security Engineer
Chief Risk Officer
Cyber Security Manager
Senior Internal Audit Manager
Technology & Cyber Risk Manager
Associate Director- EIOD IT Information Security Officer
Fraud Analyst
Information Security Officer
Senior Systems Engineer
IT Support Analyst
CIO and CISO
Head of Risk
Director - Technology and Cyber Risk
Vice-President Technology - Operational Resilience and 3rd Party Risk Oversight
Chief Technology Risk Manager, Head of Information Security & Data Privacy
Vice President, Technology and Cyber Risk Oversight
Head of Tech Ops & Cyber
Senior Information Security Officer
Executive Director, Europe
CTO
Secure Development Manager
Head of Audit
Head of Information Security
Principal Cyber Threat Intelligence Analyst
Head of IT Risk Governance
Manager - IT
Head of Infrastructure
Global Head Cyber Incident Response
Head of IT Security
Senior Cyber Security Engineer
Senior Information Security Governance, Risk & Compliance Analyst
Cyber Threat Intelligence Manager; Tactical & Operational
VP - Cyber Fraud Fusion Centre
Senior Investigator
Global Resilience Risk Specialist, Cloud Senior Manager
Senior Advisor Information Technology
Information Security Manager
Director of Business Information Security
Director of Technology
Director Business Information Security (BISO)
Chief Administration Office - Data Protection & Information security
Cyber Risk Consultant
Security Assurance Team Leader
Director - Fraud Investigations
Head of IT
Information Security and Data Protection Officer
DPO
Chief Information Security Officer
Security Engineer Architect
IT Security Analyst
Head of R&D and Engineering Cyber Fraud Fusion Centre
Enterprise Solution Architect
Head of Technology and Cyber Resilience Risk Oversight
InfoSec Analyst
Information Security Manager
Head of Digital CyberSecurity
Investment Adviser, UK and Ireland
Trade Advisor
CISO
Cyber Security Manager
Senior DevOps Manager
Head of IT & IS
IT Infrastructure & Security Manager
Director, Security Controls Services
VP, Cyber Investigations
Group Head of Information Security and Cyber Risk
Program Manager - Customer Identity and Access Management
Head of Internal Audit
Product security Lead VP
Head of Cyber Intelligence
Information Security Communications & Education Manager
Information Security
Vulnerability Lead Analyst
Security Architect
Technical Architect Cloud Security
Third Party Risk Consultant
Information Security Specialist
Privacy Officer
Head of Cyber Risk Intelligence, Insider Technology Risk and Digital Asset Risk
Cyber Manager
IT Security Analyst Specialist
Senior Manager - Digital Transformation
Vice President - IT Operations
International CIO
Lead - Ops/Tech Risk CA
Associate Director - Infrastructure Risk Management
Information Security Principal
Security Architect
Cyber Security & Operational Resilience Manager
Chief Risk Officer
Vice President, EMEA & UK/I for Cyber Hygiene
Information Technology Audit Manager
Network Security Architect
GRC Manager
Cybersecurity Compliance Manager
Director - Information Security Operations and Threat Intelligence
Senior Special Agent - Global Security
Cyber Security Risk Associate
Executive Director, Cybersecurity & Technology Control Governance & Program Management
Chief Information Security Officer
Business Information Security - Chief Information Security Office
Security Architect
Senior Director, Global Security Operations
Consultant
Senior Security Specialist
Cloud Security & DevSecOps Consultant
IT Audit Manager
Head of IT
Security Analyst
Infosec Analyst
CISO - Corporate Functions
Manager – Strategy & Intelligence; Investigations, Insider Risk and Data Loss Protection
Information Security Officer
Vice President, EMEA Regulatory Engagement Team
IT Manager
Resilience Risk Senior Digital Manager

Organisations

MasterCard
Santander
Bank of England
Man Group Plc
US Bank
Financial Services Information Sharing and Analysis Center (FS-ISAC)
African Development Bank (AfDB)
European Bank for Reconstruction & Development (EBRD)
AXA XL
Allianz
LV=
CIMB
NatWest Group
Pay.UK
Metro Bank
Beacon Platform
Mizuho
Credit Suisse
LSEG (London Stock Exchange Group)
NorthStandard
Specialist Risk Group
British International Investment
Lloyds Banking Group
OakNorth
Alpha Group (Alpha FX)
Pepper Money UK
Allianz
Mizuho
NatWest Group
First Abu Dhabi Bank
Suffolk Building Society
AEGIS London
Bibby Financial Services
Atomos
OakNorth
MUFG - Mitsubishi UFJ Financial Group
Natixis
MUFG - Mitsubishi UFJ Financial Group
Triple Point
Weatherbys Bank
Financial Services Information Sharing and Analysis Center (FS-ISAC)
Oxbury Bank Plc
HSBC
NatWest Group
Salary Finance
LSEG (London Stock Exchange Group)
Bupa Global
StreamBank
UnityLink Financial Services Limited
S&P Global
Kroo Bank
Bank of England
Legal & General
Fidelity International
Barclays
M&G plc
HSBC
Redwood Bank
AXA
LSEG (London Stock Exchange Group)
Financial Wellness Group
LCH
Commerzbank
Zurich Insurance Group
MarkerStudy
American Express
Europe Arab Bank
Allica Bank
Metro Bank
Beazley
Standard Bank Group
Financial Services Compensation Scheme (FSCS)
Barclays
Embark Group
abrdn
Legal & General
Legal & General
Lloyds Banking Group
Business France
Business France
Orbital
Royal London
LSEG (London Stock Exchange Group)
Suffolk Building Society
Alpha Bank
LSEG (London Stock Exchange Group)
Barclays
Bank of Ireland
UBS Group
Pepper Money UK
JPMorgan Chase & Co.
Envelop Risk Analytics Ltd
Allianz Holdings Plc
Natixis
MasterCard
Santander
Munich Re
Provident Financial Group
Vanquis Bank
Raymond James Financial
BNP Paribas Group
Pay.UK
FIS Global
Santander
Intellect Design Arena Ltd
Jefferies
Credit Suisse
Royal Bank of Canada (RBC)
European Bank for Reconstruction & Development (EBRD)
LSEG (London Stock Exchange Group)
NorthStandard
Credit Suisse
Deutsche Bank Group
MUFG - Mitsubishi UFJ Financial Group
Deutsche Bank Group
Moneycorp
HSBC
MasterCard
American Express
Mizuho
JPMorgan Chase & Co.
Allica Bank
Deutsche Bank Group
Insight Investment Management
Planet
Multigate
Mizuho
FIS Global
M&G plc
Union Bank UK
StoneX Group Inc.
Verto Fx
Credit Suisse
Lloyds Banking Group
Landesbank Baden-Württemberg
JPMorgan Chase & Co.
DorisIT
HSBC

Company headcount

5000-9999
100-499
3000-4999
10,000+
10,000+
10,000+
100-499
100-499
10,000+
100-499
10,000+
10,000+
100-499
10,000+
5000-9999
3000-4999
3000-4999
10,000+
10,000+
10,000+
10,000+
100-499
1000-1999
100-499
10,000+
500-999
2000-2999
1000-1999
1000-1999
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
1-99
500-999
1-99
3000-4999
3000-4999
100-499
5000-9999
100-499
100-499
100-499
100-499
5000-9999
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
500-999
1000-1999
3000-4999
10,000+
10,000+
10,000+
100-499
1000-1999
5000-9999
5000-9999
5000-9999
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
5000-9999
5000-9999
5000-9999
2000-2999
1000-1999
10,000+
10,000+
10,000+
3000-4999
3000-4999
10,000+
10,000+
10,000+
10,000+
500-999
10,000+
10,000+
10,000+
1-99
10,000+
10,000+
10,000+
10,000+
10,000+
10,000+
100-499
100-499
500-999
500-999
100-499
1-99
100-499
100-499
100-499
100-499
2000-2999
2000-2999
5000-9999
1-99
10,000+
2000-2999
10,000+
100-499
10,000+
10,000+
10,000+
500-999
10,000+
3000-4999
100-499
100-499
100-499
100-499
10,000+
1-99
100-499
10,000+
1000-1999
1-99
100-499
10,000+


Venue

Park Plaza Victoria, London

vpp

Location:
Park Plaza Victoria
239 Vauxhall Bridge Road, London, UK, SW1V 1EQ
Telephone: 0333 400 6140

Directions:
Please click here