1489313 - Hogan Lovells FIS Horizons 2021 update - Flipbook - Page 8
Hogan Lovells
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Focus on the future: Do not just focus on
being good at the things you are currently
aware of. Be aware that your adversary is
working on new ways to attack and try to stay
a step ahead. Any new innovations bring about
new threats and risks, so seek to understand
and monitor those risks.
Consider the weak links: As the financial
ecosystem becomes more collaborative and
interdependent, bad actors will look for the
weakest link. This may be a less mature startup
who may have prioritized getting up and
running over state-of-the-art security. Consider
whether there are any such weaknesses in your
supply chain and broader ecosystem and what
impact that could have on you if they were
compromised. What mitigants could be put in
place to limit the impact?
Whatever the risks that exist for a particular
business, it is unfortunately increasingly a case of
“when” not “if” an incident will occur. Taking some
practical steps now will help businesses counter the
increasing risks that exist in a digital world.
Authors:
Jonathan Chertkow
Partner, London
T +44 20 7296 2191
jonathan.chertkow@hoganlovells.com
Peter Marta
Partner, New York
T +1 212 918 3528
peter.marta@hoganlovells.com
