Cybersecurity regulation- How it’s done

Summary

Cybersecurity and cyber resilience has become a key factor for the continuous value creation of companies, and thus a focus of regulators around the world. In Switzerland, the Swiss Financial Market Supervisory Authority FINMA has increased scrutiny on this topic over the last few years.

Swiss regulated entities need to answer to these expectations, but implementing measures comes with challenges, especially when aligning new requirements to existing frameworks or other regulation.

In this event you will learn

👉Why is Cyber Resilience of regulated Swiss entities vital in the eyes of FINMA?

👉What does FINMA expect of their regulated entities?

👉How do banks and insurance companies in Switzerland implement measures to comply with expectations?

Presenters

Sebastian Kunz: Senior Risk Manager Cyber Security at FINMA; Sebastian Kunz is the Lead for Supervision and Regulation of Cyber Security related risks for all supervised institutes in Switzerland at FINMA. Prior to his current role, Sebastian worked in the banking and consultancy sectors in various specialized and technical cyber security roles. He has built and managed a CSIRT organization, led sensitive IT investigation taskforces with a focus on insider and external threats, conducted investigations for highly sophisticated digital forensic cases, and advised various corporations in security strategy, incident response and improved security resiliency by directing technical security assessments. Sebastian holds a B.Sc. in Business Information Technology and maintains numerous IT security certifications, such as CISSP, CISM, CISA, CRISC, CGEIT, CDPSE, OSCP, CCSP, EnCE and others.

Silvan Schellenberg: CISO Switzerland at UBS
Silvan was born and raised in Switzerland. He started his career in UBS in 1995, as a Systems Engineer, programming COBOL code on mainframes and has since worked in a variety of risk and security roles. He is currently the CISO for Switzerland managing regulatory, client and governmental engagements across the region. In his spare time Silvan enjoys hiking and culinary delights. He is married to Aleksandra and has one 15-year old daughter.

Marc Etienne Cortesi: Chief Information Security of Baloise Group since 2017, holding an MSc ETH in Computer Science. He is an active Board Member of the newly founded Financial Sector – Cyber Security Centre (FS-CSC) and guest lecturer for Information Security at the Lucerne University of Applied Sciences and Arts (Hochschule Luzern).

moderated by Maya Bundt.

Agenda

17:45 Doors open – name tag collection
18:15 Welcome and introduction (Maya Bundt)
18:20 FINMA’s Cyber Security Expectations of regulated entities (Sebastian Kunz)
18:40 The banking answer (Silvan Schellenberg)
19:00 The insurance answer (Marc Etienne Cortesi)
19:20 Q&A
19:30 Networking drinks (all)
20:30 end

Chapter Event

In our chapter events – access for members only – we present one or more speakers to share knowledge, updates and best practices on a specific risk topic. In small groups of risk professionals you can exchange thoughts and test ideas. More on SRA chapters. This event is hosted by the chapter Sustainability.