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Interaction Session on Cybersecurity

Nepal Bankers’ Association (NBA) successfully organized an “Interaction session on Cybersecurity”. The program aimed to explore global and regional developments in cybersecurity, understand emerging threats, and discuss strategic trends shaping the cybersecurity landscape in Nepal.

Mr. Chris Fleming, Executive Director, Head of Client & Third-Party Intelligence at Standard Chartered Bank, delivered an insightful presentation, highlighting the evolving nature of cyber threats. He elaborated on the global trends in cybercrime, the growing use of Artificial Intelligence (AI), its use in phishing attacks, threats from Initial Access Brokers (IABs), and the emergence of deepfake technology used to generate misleading images and content.

During the interactive discussion, Mr. Fleming shed light on strategies and best practices adopted by global organizations to counter cyberattacks. He also emphasized the importance of cybersecurity frameworks in managing risks associated with third-party onboarding. Responding to participants’ queries, he highlighted on how banks and organizations worldwide are enhancing their cyber resilience.

The program was attended by various officials from member banks.