On July 16, the Oesterreichische Nationalbank organised the Austrian EU-Presidency conference which took place in the auditorium of the National Bank of Belgium. The event marked the debut of the Austrian Presidency of the EU, underscoring the priority that Austria will give cyber security during its six-month Presidency.

The event ‘Finance 5.0 – a challenge for cybersecurity’  looked at the challenges that new technology pose for regulation, cyber hygiene and defense, and how to balance innovation, regulation and cybersecurity.

With opening remarks from Elisabeth Kornfeind, Ambassador of the Republic of Austria to Belgium, and Jan Smets, Governor of the National Bank of Belgium, the conference featured three key panels:

• Cyber technologies – a challenge for regulators and supervisors?
• Cyber security – threats to business and state bodies
• Cyber resilience and the financial sector – how to reach an EU policy that balances security, innovation and regulation

Read more https://www.swift.com/news-events/news/finance-5_0-a-challenge-for-cybersecurity