How Cybersecurity Startups Are Making a Difference – Crypto News

The Finance Magnates London Summit (FMLS) will be here before you know it, with doors opening on November 21-23 at Old Billingsgate. The biggest event of this fall will be celebrating its ten-year anniversary, with the largest content stream to date planned.In particular, FMLS22 features a greatly expanded content track and two full days of exhibitions, panels, and parties. In terms of content, the event will notably cover a total of four verticals for the first time ever, focusing on the online trading, digital assets & blockchain, fintech, and the payments space.As a reminder, if you have not already done so, take advantage of competitive pricing and <a href=”https://events.financemagnates.com/londonsummit2022/registration/passes” target=”_blank”>register for FMLS22 today</a>.Disruptive Security for Disruptive Financial Technologies: How Cybersecurity Startups Are Making a DifferenceAn increasingly innovative Fintech industry deserves cybersecurity that is able to ensure that the particular requirements of securing financial transactions are met. Every Fintech faces a unique set of security challenges. Stav Pischits – Founder, Cynance and Co-Founder – CCLJason Ozin – Chief Information Security Officer – PIB GroupKaran Jain – CEO – NayaOneVladimir Krupnov – Threat Intelligence Lead – RevolutCybersecurity startups with their equally innovative and flexible approaches are designed to solve Fintech security problems. In this panel discussion we will hear from financial services security executives and seasoned entrepreneurs to learn how they work together to achieve security goals. You will be speaking on the Disruptive Security for Disruptive Financial Technologies: How Cybersecurity Startups Are Making a Difference panel, what do you think will be the highlight of the discussion and why should the audience attend it?Stav Pischits (Cynance, CCL): Hearing from people actually working in innovative security solutions. Different perspective – we all know about the “big” players, and what they offer. But here we can hear about the new disruptive technologies, the innovators that are focused on solving actual problems as effectively as the attackers are creating themJason Ozin (PIB Group): Second only to economic collapse, financial institutions are most uneasy about the cyber resilience of their companies and assets. As such, they are a receptive market to cyber security solutions that can make a real difference.At the same time, the financial market is notoriously risk adverse and trusting their security to start-ups is seen by many as a line not to cross. However, the disrupters in the FinTech and InsureTech are bolder and even some of the more mature businesses are adopting Cybersecurity Start-up solutions to supplement their traditional tooling.Karan Jain (NayaOne): Given that the fintech ecosystem in the UK is maturing, it is time to start asking the difficult questions about data privacy, cyber security and managing reputation risk. With £3 billion lost through fraud and cybercrime, it is becoming increasingly important to establish a robust cybersecurity strategy to build trust with customers. Join the session to explore how fintech’s and financial services firms are able to balance innovation with consumer protection while reducing risk and satisfying regulatory requirements.Vladimir Krupnov (Revolut): I believe it’s a great opportunity to have a peak at the real state of the innovative cybersecurity industry and how disruptive fintech supports and reacts to these new technologies.What are you looking forward to the most at FMLS?Stav Pischits (Cynance, CCL): Seeing the new, innovative solutions across the fintech industry and having some meaningful discussions with colleagues about the role cybersecurity plays in modern fintechs.Jason Ozin (PIB Group): Networking with like-minded peers with the same aims and concerns. Karan Jain (NayaOne): I’m most looking forward to hearing and learning about other people’s experiences and how they’ve navigated security constraints. Cybersecurity and innovation are two of the key pillars for the future of finance.Vladimir Krupnov (Revolut): The Innovate Stage is a must-visit this year.Tell us a bit about what you do/your company/who you are looking to network with?Stav Pischits (Cynance, CCL): CCL is a members-only security executives club, investing in and supporting early-stage cybersecurity startups. Our members are seasoned cybersecurity professionals who use their experience to add value to the startups we engage with.Financial investment is just the start of it, the hard work starts after that. Our members actively support our portfolio companies, offering mentorship and hands-on assistance, networking opportunities, and introductions to new design partners or customers.I’m looking forward to networking both with other fintech entrepreneurs and executives in the fintech space and with innovative early-stage startups who are emerging on the scene.Jason Ozin (PIB Group): PIB Group is a dynamic and diversified specialist insurance intermediary, with backing from world leading private equity firms, Apax Funds and The Carlyle Group. PIB Group are ranked in 13th position in the Sunday Times Virgin Atlantic Fast Track 100. In six years, the Group have grown from 12 team members to in excess of 2,500 team members and have completed over 63 acquisitions. I am responsible at Group level for the Information Security, Cyber Security, Data Governance, and Compliance for this dynamic City of London insurance business. I have been with PIB Group nearly five years. Acquisitions, business growth and pandemics keep Jason busy. “If you don’t like managing change you won’t want to work at PIB Group. This is a challenging but enjoyable environment for a CISO.” I was awarded “CISO of the year 2021” in Computing Magazine’s The Security Excellence Awards.Karan Jain (NayaOne): NayaOne is revolutionising innovation and enabling tech for the future of finance. Through our upcoming cyber market offering, we will be able to facilitate partnerships between fintech’s and cyber security providers allowing them to discover, evaluate and scale to production. The NayaOne Cyber market helps increase the time taken to implement cyber security solutions ensuring rapid regulatory requirements and protecting the end user, taking the industry forward in a progressive and compliant way. We provide banks with a single point of access to hundreds of fintechs and datasets, through our Digital Sandbox and Fintech-as-a Service offering. Regulated firms are able to discover, build, evaluate and scale with fintechs in a matter of weeks instead of monthsVladimir Krupnov (Revolut): I am leading the Threat Intelligence team at Revolut. It has been an exceptional journey of discovery and challenge for the past several years building and maintaining threat intel at the company. I am looking forward to immersing myself in the multitude of networking opportunities FMLS provides this year and definitely will attend the Innovate stage to hear about the latest and the future.Check out the <a href=”https://events.financemagnates.com/londonsummit2022/agenda” target=”_blank”>full agenda</a> today and join the conversation surrounding FMLS22!

This article was written by Finance Magnates Staff at www.financemagnates.com.FinTechRead More

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