Welcome everyone to the sixth annual Cybersecurity Workshop and Happy New Year. I am very pleased that we are back in person, hosting this important event at our head office in Washington, D.C. This comes after a gap of two years when the pandemic forced us to meet virtually only. I hope you are as thrilled as I am by the opportunity to be joined by almost 90 in-person participants and a similar number of online ones from over 60 countries to discuss how to enhance cybersecurity in the financial sector.
This year, we explore cyber resilience through disruptions. We ask: What key lessons can be drawn from recent geopolitical conflicts? What cybersecurity challenges could arise as new forms of money and technology alter the financial landscape? And finally, how can we foster effective regulation and supervision of cyber risks, and achieve operational and cyber resilience that will ensure the delivery of critical financial services even when disruptions are likely?
Before exploring these three questions, I would like to extend special thanks to our co-sponsor, the Financial Sector Stability Fund, for making this workshop possible with its generous contributions. I am also deeply grateful to our speakers for joining our workshop and sharing their invaluable knowledge and experience.
Last year, we had the opportunity to engage with some of our member countries that were targeted by cyber-attacks that disrupted the delivery of public services. The severity of these attacks serves as a reminder for us all. If we want to successfully drive change through greater digital connectivity, we must address the underlying vulnerabilities. To expand on my thoughts, let me return to my three questions.
What have we learned from recent geopolitical conflicts?
Disputes can arise for many reasons, and w ..
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