The rapid adoption of new digital tools and solutions is exposing banks to a battery of technology risks that can bring down their operations. These growing risks have leaders on alert and taking action.
According to the 2023 study performed by ServiceNow and ThoughtLab Group:
- 72% of CEOs say that technology risk is now the biggest risk their bank faces today, and 64% of CEOs expect it to increase over the next two years
- 62% of CFOs say managing the risk of digital innovation is crucial for future growth
- 72% of CROs say that accelerated digital innovation is driving the need to improve technology risk management
Discover the five best practices leaders in technology risk management and resilience are taking to conquer these challenges and strengthen their bank’s digital defense strategy.