RBA tech chief highlights constant cyber security threats to innovative strategy - AFR - 26 Oct 2016
The Reserve Bank of Australia's top technology executive has said the central bank's networks are being probed by potential hackers every two seconds and that almost 70 per cent of the emails received by RBA addresses are malicious.
In a wide-ranging speech to an annual conference held by technology research giant Gartner in Queensland, RBA chief information officer Sarv Girn highlighted the conflicting challenges involved with running an innovative tech strategy, while also remaining secure.
He said the RBA's tech strategy was a delicate balancing act between the need for resilience and the need to innovate and react to changes being wrought by the numerous disrupters in the booming start-up fintech sector.
"Whilst attaining digital reliability has been a crucial need for many years, the impact and consequence of getting this wrong in today's economy can threaten the very viability of an organisation," Mr Girn said.
About The Advisor
James Turner is an IBRS emeritus Advisor who specialised in cyber security and risk and facilitates the CIO Cyber and Risk Network on behalf of IBRS. James has over a decade of experience as an industry analyst and advisor; researching the cyber security industry in Australia. As an IBRS Advisor, James authored over 100 IBRS Advisory papers, led dozens of executive roundtables, and presented at numerous conferences.