{"id":19052,"date":"2023-10-23T15:23:36","date_gmt":"2023-10-23T12:23:36","guid":{"rendered":"https:\/\/safetech.ro\/safetech-presented-the-cybersecurity-trends-at-future-banking-summit-2023\/"},"modified":"2023-10-23T16:11:16","modified_gmt":"2023-10-23T13:11:16","slug":"safetech-presented-the-cybersecurity-trends-at-future-banking-summit-2023","status":"publish","type":"post","link":"https:\/\/safetech.ro\/en\/safetech-presented-the-cybersecurity-trends-at-future-banking-summit-2023\/","title":{"rendered":"Safetech presented the cybersecurity trends at Future Banking Summit 2023"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"19052\" class=\"elementor elementor-19052 elementor-19025\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c34dbb7 e-flex e-con-boxed e-con e-parent\" data-id=\"c34dbb7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c99948 elementor-widget elementor-widget-ld_breadcrumb\" data-id=\"5c99948\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ld_breadcrumb.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"lqd-breadcrumb-wrapper\"><nav role=\"navigation\" aria-label=\"Breadcrumbs\" class=\"breadcrumbs\"><ol class=\"breadcrumb reset-ul inline-nav inline-ul comma-sep-li\"><li class=\"breadcrumb-item active\"><a href=\"https:\/\/safetech.ro\/en\/\" rel=\"home\"><span>Home<\/span><\/a><\/li><\/ol><\/nav><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-02653d3 elementor-widget elementor-widget-text-editor\" data-id=\"02653d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Safetech presented cybersecurity trends at the Future Banking Summit 2023<\/h2>\n<p><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">Safetech presented cybersecurity trends at the Future Banking Summit 2023 With an online and offline audience of over 1000 people and over 40 participants on stage, the Future Banking Summit is a representative event for the financial industry in Romania, a two-day marathon which brought up the most acute challenges generated in the banking world by mobility and digitization. Obviously, cyber security was not missing from the conference agenda, being a hot topic for most companies in the field.<\/span><\/p>\n<p><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">Thus, the Future Banking Summit 2023 was the ideal context for Safetech Innovations to present current trends in the field of cyber security, but also real lessons learned from its current activity. Participating in the event, as speaker representing Safetech, Ionu\u021b Georgescu, Director of Operations, delivered the following key messages:<br \/><\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7596b1 elementor-widget elementor-widget-image\" data-id=\"d7596b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"780\" height=\"520\" src=\"https:\/\/safetech.ro\/wp-content\/uploads\/2023\/10\/Oct-19-2023-2961-1024x683.webp\" class=\"attachment-large size-large wp-image-19037\" alt=\"\" srcset=\"https:\/\/safetech.ro\/wp-content\/uploads\/2023\/10\/Oct-19-2023-2961-1024x683.webp 1024w, https:\/\/safetech.ro\/wp-content\/uploads\/2023\/10\/Oct-19-2023-2961-300x200.webp 300w, https:\/\/safetech.ro\/wp-content\/uploads\/2023\/10\/Oct-19-2023-2961.webp 1200w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-299081f elementor-widget elementor-widget-text-editor\" data-id=\"299081f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">The cyber landscape is becoming increasingly complex. Attacks are increasingly diverse, both those that exploit certain opportunities\/vulnerabilities at the level of systems or applications, and those that target a specific organization in a much more complex manner. We thus witness a continuous battle between the teams that monitor security solutions and respond to identified incidents and attackers.<\/span><\/li>\n<li><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">In Romania, the most vulnerable areas are those of production and utilities, because they use old IT systems, some even running Windows XP, and which present high security risks. From the perspective of exposure to cyber attacks, financial and retail institutions are also increasingly vulnerable, as a result of digitization processes and online services offered directly to customers.<\/span><\/li>\n<li><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">Cyber security should not only target certain applications or systems, but the entire ecosystem around them. The digitization process involves the development of complex processes through which multiple applications or systems communicate to meet various functional requirements. The need for this approach is a conclusion of the numerous security audits performed by Safetech, which show multiple connections between applications, with data that is shared at multiple levels.<\/span><\/li>\n<li><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">Banks are constantly investing in cyber security solutions, but protection is not just about technology. Social engineering, for example, remains a constant threat because people don&#8217;t strictly follow the rules. Safetech conducts attack simulation campaigns for several clients, which includes simulating social engineering attacks, as the best way to increase user understanding and threat recognition.<\/span><\/li>\n<li><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">Cyber security must become an integral part of the software application development process and not just an optional component. Better classification and protection of data and the application of strict access control elements are also required.<\/span><\/li>\n<li><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">It is necessary for financial institutions to correctly and consistently inform users of mobile applications and online services about cyber attacks and associated risks.<\/span><\/li>\n<li><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">Security is an investment, not a cost, and financial institutions should not only pay attention to security when incidents occur. Security has a direct impact on trust, and this is the most important aspect of their relationship with customers.<\/span><\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e633343 elementor-widget elementor-widget-image\" data-id=\"e633343\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"780\" height=\"364\" src=\"https:\/\/safetech.ro\/wp-content\/uploads\/2023\/10\/Oct-19-2023-2921-1024x478.webp\" class=\"attachment-large size-large wp-image-19039\" alt=\"\" srcset=\"https:\/\/safetech.ro\/wp-content\/uploads\/2023\/10\/Oct-19-2023-2921-1024x478.webp 1024w, https:\/\/safetech.ro\/wp-content\/uploads\/2023\/10\/Oct-19-2023-2921-300x140.webp 300w, https:\/\/safetech.ro\/wp-content\/uploads\/2023\/10\/Oct-19-2023-2921.webp 1200w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e21c605 elementor-widget elementor-widget-text-editor\" data-id=\"e21c605\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"text-align: var(--text-align); font-size: 14px; letter-spacing: 0px;\">Organized by IC Events, the Future Banking 2023 Summit took place on October 18-19 in Bra\u0219ov. Safetech Innovations was one of the Silver partners of the event.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Safetech presented cybersecurity trends at the Future Banking Summit 2023, event with an audience of over 1000 people and over 40 participants on stage.<\/p>\n","protected":false},"author":2,"featured_media":19046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125],"tags":[105,109,114,106,110,111],"class_list":["post-19052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","tag-compliance","tag-consulting","tag-grc-en","tag-monitoring-and-response","tag-risk-management","tag-security-testing"],"_links":{"self":[{"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/posts\/19052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/comments?post=19052"}],"version-history":[{"count":4,"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/posts\/19052\/revisions"}],"predecessor-version":[{"id":19064,"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/posts\/19052\/revisions\/19064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/media\/19046"}],"wp:attachment":[{"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/media?parent=19052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/categories?post=19052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/safetech.ro\/en\/wp-json\/wp\/v2\/tags?post=19052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}