Standard Chartered CEO on why cybersecurity has become a 'disproportionately huge topic' at board meetings
ID: 29632739-80fa-563c-8e2d-007fb2e31aee
STIX ID: report--29632739-80fa-563c-8e2d-007fb2e31aee
Feed Name: The Record from Recorded Future News
An interview with Standard Chartered CEO Bill Winters outlines the bank’s cautious, heavily invested approach to cybersecurity, emphasizing rigorous compliance, strong third‑party risk management, and a pervasive security culture (notably phishing awareness and testing). He discusses the cautious adoption of AI and data protection controls, sustained board-level oversight, lessons from past sector attacks, and the bank’s crypto and tokenization ventures built to institutional-grade cybersecurity standards. The bank continues to increase spending, shifting focus from infrastructure to evolving threats, while prioritizing resilience, penetration testing, and global regulatory expectations.
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