FSA's Expectations over Cybersecurity in the Financial Sector

Tsuyoshi Saito
Director of the Cybersecurity Policy Office
Financial Services Agency

The presentation will outline the cyber security expected of financial institutions in the "Policy for Strengthening Cyber Security in the Financial Sector (Ver. 3.0)" released in February 2022 and the progress of the FSA's efforts to date. The presentation will also introduce the FSA-sponsored "Financial Industry-Wide Cyber Security Exercise (Delta Wall)" scheduled to take place in October this year.

Translated with www.DeepL.com/Translator (free version)

Strengthening Cyber Resilience In The Unpredictable Times

Hajime Endo
Sr. Manager of Enterprise SE 1
Cybereason G.K.

Win the Digital Banking Race by Accelerating Digital Transformation while Reducing Costs and Risks

Yasuhiro Funaki
Sales Engineering Manager
Thales DIS Japan K.K.

Acceleration of DX (Digital Transformation) is essential for modern financial institutions to win the competition in digital banking. However, in the digital world, the threat of cyber security is expanding and hindering the promotion of DX. At the same time, various regulations have been strengthened worldwide, and financial institutions must accelerate DX while avoiding risks.
Thales enables financial services organizations to reduce risk, complexity, and cost, while strengthening security and accelerating digital transformation.

Emerging Risks to Financial Service Industry: Cybersecurity, ESG, and Data

<Moderator>

Shiro Katsufuji
Managing Director
Deloitte Touche Tohmatsu LLC

<Panelists>

Nobuhisa Abe
Operating Officer
Mizuho Financial Group, Inc.
Mizuho Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Mizuho Research & Technologies, Ltd.

Jason Mortimer
Head of Sustainable Investment, Fixed Income
Nomura Asset Management Co., Ltd.

Marion Leslie
SIX, Head Financial Information at SIX Group and
a member of the SIX Executive Board　

While traditional risks specific to financial institutions can now be measured and managed, new risks not included in those risks are emerging as management issues for financial institutions.
In this session, we will discuss ESG, cyber security, and data-related risks from a management risk perspective, inviting experts in each field.

Financial Software Security Measures as Economic Security

Takeshi Ohmori

Managing Principal, Software Integrity Group

Nihon Synopsys G.K

Financial systems are the backbone infrastructure for the nation and its citizens, and security measures to protect financial software from cyberattacks are an urgent issue. In this session, we will introduce the current security risks in financial software development and the measures for software supply chain security, which needs to be further strengthened by the Economic Security Promotion Bill and the U.S. Presidential Decree, covering people, process, and technology.

Stay Ahead of the Wave of Sanctioned Securities with SIX

Marion Leslie
Head Financial Information, Member of the Executive Board SIX

Toshiaki Sunagawa
Head Sales Consulting
SIX Financial Information Japan Ltd

Marion Leslie, Head Financial Information, will seize the opportunity of visiting Tokyo to deliver a short introduction about SIX, its financial information business and our long-standing and valued Asian presence, especially in Japan. Toshiaki Sunagawa, Head Sales Consulting, SIX Japan, will then cover our key topic: sanctions and how our award-winning Sanctioned Securities Monitoring Service (SSMS) can support compliance. You will discover why our service has become a “must-have” to track and identify tainted securities accordingly to the various international economic sanctions regimes. Furthermore, he will highlight how our collaboration with partners can benefit end-customers, as well as show you how we expand our coverage to new targeted assets like ETFs.

Climate Change Risk Management for Financial Institutions - TCFD Disclosure and Climate Risk Data

Yoshie Maeda
ESG Product Specialist
S&P Global Market Intelligence

The importance of climate change risk management is growing at financial institutions as the entire society promotes climate change actions. In this session, S&P Global Market Intelligence presents the perspective of climate change risk management, focusing on both transition and physical risk data for the disclosure in accordance with TCFD (Task Force on Climate-related Financial Disclosures).　

"Reasons on Why Financial Institutions around the World are Adopting Zero Trust Segmentation" presented by Illumio

Kuninobu Kaki
Country Manager
Japan Illumio Japan G.K

With perimeter defence security measures reaching their limits, it's time has come to understand and consider implementing zero-trust.
We will introduce the latest technology of Illumio's Zero Trust Segmentation, which has been adopted by 6 of the 10 largest banks in the world.
Come join us to learn what is driving the adoption and how to implement this technology.

Introduction of AI-Based Measures against Increasingly Sophisticated and Unknown Cyberattacks

Takuya Nakamoto
Product Manager
MOTEX Inc.

'In recent years, in order to respond to the promotion of DX and changes in the working environment, many financial institutions have shifted from the conventional IT environment to a new one.
Environment migration is underway. On the other hand, cyberattacks targeting gaps in these changes continue to become more sophisticated and complex. We are busy dealing with unknown threats and attack methods.
If an incident occurs, it will lead to a large impact, so financial institutions need AI to avoid lagging behind. We believe that it is important to utilize predictive defense and to respond quickly to incidents in the unlikely event of an infection.
At MOTEX, we have endpoint measures that can be used in any environment using AI, and in the event of an emergency, We will prepare incident support and introduce it together with actual operation examples.

Realize Protection and Utilization of Customer Data – For Secure Financial Services Offering

Tomonari Yokota
Presales Consultant, Information Security & Governance
Micro Focus Enterprise Ltd

'Customer data is increasingly being used to analyze service usage histories and other information to provide financial services that meet the diverse needs of users.
The amendment to the Act on the Protection of Personal Information, which officially went into effect in April, adds additional responsibilities for companies or organizations in the event of a leakage of personal information, and there are growing demands to provide financial services that utilize data while ensuring the protection of personal information. We will introduce how to achieve these goals with case examples.

Tips for Dealing with Various Risks and Regulations

Ryota Fueki
Moody's Analytics, Inc.

As the world changes, the nature of risk continues to change, and today, more than ever, there is a need to address a wide variety of risks.

As the development and penetration of information technology has given rise to cyber security risks, the number of issues that need to be addressed will continue to increase.

In this session, we will provide tips on how to deal with these risks effectively to those in charge of dealing with a wide range of risks such as finance, ESG, and financial crimes, as well as to those in charge of IT supporting the foundation of such risks.

Cyber Security Governance Initiatives

Hisanori Matsuzawa
Chief Specialist MS&
AD Insurance Group Holdings,Inc

The threat of supply chain attacks is becoming even greater, and in addition to the head office, Group companies, overseas offices, outsourcing partners, and even distributors are required to take adequate security measures.
Therefore, it is increasingly important to have a governance structure that regularly monitors and evaluates risks across the entire group and implements appropriate countermeasures. In this session, we will introduce the Group's cyber security governance efforts.