“ That is why strengthening our foundation remains important always because it must constantly be improved upon as we modernise and optimise for the future ,” he adds .
Today , instances of fraud and cyber breaches across many industries are increasingly common . Risk reduction , as a result , has become more important for SaaS providers like Finastra - particularly as it serves the financial services industry . Eric explains : “ Given the continuous evolution in the cyber threat landscape , the challenge every cybersecurity professional faces is placing investments wisely and with aligned intention .
“ Partnering with key stakeholders in the organisation is essential towards a one company approach in placing those investments appropriately . To help aid decision making , I like to bucket challenges into two main areas .
“ The first is regulatory compliance . This encompasses the security controls you must have , and for us cybersecurity professionals , it ’ s about doing that as effectively and efficiently as possible .
“ The second bucket is to incorporate the capabilities you need to target specific areas of risk . My team and I like to think like business executives , we just happen to work in cybersecurity .
“ What I mean by this is that we must think about how our organisation creates value for our customers , and ask how we protect and enable that value today - and in the future .”
This , for Eric , leads to strategic differentiation – it ’ s about enabling value for Finastra ’ s clients . Of course , software today
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