Overview

Cyber risk is a real threat to organisations. The recent Annual Global CEO Survey (January 2022) from one of the big four accounting firms revealed that about 50% of CEOs are very and/or extremely concerned about cyber risks. All of us, including the regulators, are aware that cyber incidents are at the rise in recent years, causing financial and reputational damage. This has become more severe in the past few months given the global instability. As all SFC Licensed Corporations (LCs)are holding extensive customer data and most are also providing internet trading, senior management has an urgent need to handle and comply with regulatory cyber risk requirements.

Objective

By the end of this webinar, participants will understand the dynamic cyber threat landscape globally and locally, why and how this is happening and questions LCs should consider mitigating cyber risks. They will also learn the SFC expectations on internal controls over cyber security, how cyber risks should be covered under the 3 lines of defense, and areas to consider in periodic assessments.

Content

1. Update of latest cyber threats landscape in Hong Kong and lessons learned therefrom; and
2. Update of regulatory expectations on cyber security/technology risks

Who should attend

Senior management such as responsible officer, manager-in-charge, director, CIO, CTO, CISO, CCO, as well as compliance officer, risk specialist, IT control officer, security officer, IT auditor, operation staff, academia and anyone who would like to know more about cyber risks.