Date: 6 Aug 2020 (Thur)
Time: 12:30pm – 1:30pm
Is Virtual Bank one of the services you would like to try? But is that secure enough? How to use that securely? This month we invited Captain (Rtd) Samuel NG of Welab Bank to give an interesting and technical topic on “Secure your virtual banking on the Cloud”.
Exciting times for Hong Kong in the realm of Fintech. With 8 bold challengers given the honor of virtual bank licenses, innovative digital banking services are coming real soon and definitely here to stay in the pearl of oriental. Virtual banks are expected to bring new dynamics to the traditional bricks-and-mortar banking sector and enable the city to align with the world’s market in Fintech development.
Upcoming debut of Virtual Banking services packaged with innovative and creativity by riding the cloud computing to the bank of the future, this excitement, however, leads to a higher controversially dynamic cybersecurity risks. VBs offering data-centric banking services with operations heavily rely on the cloud & internet are vulnerable to malicious attacks with various intentions.
Arguably virtual banks come with less physical and legacy trails offers better security, a new sets of challenges arise in cloud security. Fuel with “Go Big or Go Home” and “Do 10x better” mindset, Welab Bank’s Cybersecurity Team always walk the extra mile out of the comfort zone enforcing trust and security while deliver customer-centric services, aiming high to be the winner in Fintech Era.