Listen: The New Cyber Risks of Decentralized Finance (DeFi)
Traditional banking models are rapidly evolving. Many financial institutions – both large and small – are exploring how to incorporate fintech offerings such as digital assets and decentralized finance (DeFi) into their offerings. The risks of not embracing these new business models are too significant to ignore, but what are the potential impacts on cyber security?
Eric Friedberg, Co-President, Stroz Friedberg, LLC and Aon's Cyber Solutions Group, discusses the level of risk as well as the mechanisms for cyber-attacks in this evolving landscape for financial institutions.