Today's clients demand that banks show cybersecurity chops, says JPMorgan leader
New technology also means new responsibilities. Security is key in the digital age. As internet banking comes of age, so too do new ways of stealing funds. That makes cybersecurity central to modern banking, according to David Leach, JPMorgan Chase’s Asia-Pacific head of cybersecurity and technology controls."It’s a competitive disadvantage not to have a robust cybersecurity capability that you can demonstrate,” Leach said during a BlockShow conference panel on Tuesday.Before the internet took over, customers mainly asked about banking and financial entities’ services, not about their....
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