Conquering technology risk in banking

A whitepaper from ServiceNow covering ways banking leaders can transform technology risk into advantage with image of female working stood outside high rise buildings, looking at a smartphone
(Image credit: ServiceNow)

Many CIOs who work within banking view technology risk management as a necessary evil. Market disruptions have highlighted the importance of real-time risk control and resilience, and now back office risks are showing up in the front office.

A bank’s ability to innovate is the catalyst for future growth and competitiveness. ServiceNow created this whitepaper to help leaders within banking to understand how banks manage technology risk during a period of accelerated digital. According to the 2023 study performed by ServiceNow and ThoughtLab Group:

  • 72% of CEOs say that technology risk is now the biggest risk their bank faces today, and 64% of CEOs expect it to increase over the next two years
  • 62% of CFOs say managing the risk of digital innovation is crucial for future growth
  • 72% of CROs say that accelerated digital innovation is driving the need to improve technology risk management.

Discover how banks are strengthening their digital defense strategy.

Download today.

Provided by  ServiceNow

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