Keynote Speech: The Evolution of Compliance

Keynote Speech: The Evolution of Compliance

10:00am - 10:30am - Main Conference Room

Keynote Overview:

Unlocking the Future of Digital Trust: Navigating the Evolution of Compliance

In an era where digital innovation outpaces regulatory frameworks, the necessity for robust compliance has never been more critical. Join us for a riveting 30-minute journey with Paul C Dwyer a leading cybersecurity, risk, and compliance expert as we explore the vital intersection of technology, trust, and resilience in the digital economy.

This presentation will not only demystify compliance as the fundamental baseline for securing operations but will also illuminate its role as the cornerstone of digital trust. Through a deep dive into the Digital Operational Resilience Act (DORA), we’ll uncover why this regulatory framework is pivotal—not just in countering cyber threats but in fostering a resilient digital ecosystem for the financial sector.

The threats go beyond those of cyber criminals and hackers, the threats are related to the vulnerabilities within the processes used to manage ICT ecosystems.

Leveraging compelling case studies, we will revisit the profound impacts of technological and management failures within major financial institutions—highlighting the 2012 Royal Bank of Scotland’s (Ulster Bank) outage and the 2018 Trustee Savings Bank’s system migration disaster. These narratives will serve as poignant reminders of the tangible consequences of compliance lapses, from jeopardised customer transactions and financial losses to the irreversible damage to institutional reputation and trust. Not to mention the £81,000 personal fine the CIO received!

As we navigate through these examples, we’ll dissect the lessons learned and the path forward in redefining compliance not as an afterthought but as a strategic imperative for innovation and sustainability in the digital age.

Whether you’re a business leader, a technologist, or a professional in the field of cybersecurity and compliance, this presentation promises invaluable insights into the evolving landscape of digital resilience. Join us to rethink compliance—not as a minimum requirement but as a critical enabler of trust and reliability in our digital world.

Keynote Speaker

Paul C Dwyer, President ICTTF International Cyber Threat Task Force / CEO, Cyber Risk International

Paul C Dwyer is recognised as one of the world’s foremost experts on cyber security, risk and privacy. As CEO of Cyber Risk International he specialises in corporate and enterprise security, development of cyber defence programs, and business operations protection for CRI clients. As founder and President of the ICTTF International Cyber Threat Task Force he is an advocate for diversity in the industry and leads a community of over 30,000 with a common goal to defeat cyber evil.

Certified an industry professional by the International Information Security Certification Consortium (ISC2) and the Information System Audit and Control Association (ISACA). Approved by the National Crime Faculty and the HTCN High Tech Crime Network. He has worked extensively around the world his diverse career spans more than 30 years working with military, law enforcement and the commercial sector.

Paul is a fellow of the Irish Computer Society and a member of a number of industry groups including the IoD (Institute of Directors), IIEA (Institute of International and European Affairs) and the IRM (Institute of Risk Management). He holds a Diploma in Corporate Governance from the Corporate Governance Institute and is Certified by Harvard as a Higher Education specialist.

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