With the increasing frequency of cyber events, risk management and security is a complex, multi-faceted challenge for banks around the globe. The task of keeping up with changing technologies while attracting and retaining talent who can mitigate cyber security risk has reached unprecedented levels. This week’s host and Partner in Aon’s Talent Solutions, Peter Keuls, is joined by Partner in Aon’s Talent Solutions, Chris Blain, and Aon’s Head of Cyber Solutions in the UK, Spencer Lynch, for a discussion about the intersection of talent and cyber security for financial institutions.[3:03] The latest trends that are raising the cyber security stakes for banks[11:54] Recent talent recruitment adjustments made by banks[13:43] Tactics for assessing organizational vulnerabilities and strengthening protections[18:00] Monitoring bank investments in cyber risk mitigation[23:40] Advice for effectively managing organizational-level cyber security efforts and talentAdditional Resources:Aon’s websiteAon’s 2023 Cyber Resilience ReportOn Aon Episode 58: On Aon’s Approach to Helping Organizations Build Cyber Resilience with Joe Martinez and David DamatoOn Aon Episode 42: On Aon’s Innovative Approach to Cyber Resilience with Nitai Mandhyan and Scott SwansonTweetables:“As we see more cyber attacks and more breaches, banks are grappling with trying to ensure that they retain their people with those skills and try to attract that talent as well.” — Chris Blain“The majority of cases that we see start with a person; it’s a people problem, usually not a technology problem.” — Spencer Lynch“The level of investment around cyber for the typical bank is enormous… and it’s very important that they get the cost balance right.” — Chris Blain“Cyber security is a business problem, not a technology problem.” — Spencer Lynch