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Introduction

In the wake of several high profile cyber-attacks on financial services infrastructures, including central banks and the Swift network, BAE Systems' cyberdefense division has developed a multipronged strategy.

Highlights

  • As cyber-attacks increasingly focus on multiple-vector attacks on financial infrastructures as well as individual institutions and customers, a coordinated response is required from all affected parties. BAE Systems plans to work with partners, customers, and competitors to leverage its expertise.

Features and Benefits

  • Looks at how cybercrime has migrated to financial infrastructures and why this requires a cooperative defensive response across the sector.
  • Learn how the interconnected nature of the international banking system increases risk.

Key questions answered

  • Where does BAE Systems see the benefits of cooperation and how does it plan to harness the required skills to combat the threat?
  • How has the threat pattern fundamentally shifted and what are the implications for systemic risk in the global financial system?

Table of contents

Ovum view

  • Summary
  • 2016 saw systematic attacks against major bank infrastructures
  • BAE Systems is looking to form alliances to combat cyberthreats

Appendix

  • Authors

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