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"La dynamique de transformation numérique n’apporte pas que des opportunités aux institutions financières mais elle les expose également à plus d'incertitude et de nouvelles menaces. En premier lieu, elles restent à l'heure actuelle des cibles de choix pour tous les hackers, en raison de la nature très sensible des données qu'elles possèdent. Un quart des cyberattaques entre 2019 et 2020 ont touchés les entreprises du secteur financier selon la Banque des règlements internationaux (BRI)."
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"Cybersecurity risk has been a growing “non-financial” risk for banks over the years, but there is a very real and growing financial impact from cyber incidents. Cyber attacks regarding sensitive client data can lead to ransom losses, lost revenue, operational interruptions, increased counter-party and reputational risks and customer attrition. Additional costs include data restoration, investigation and response and regulatory and/or legal fines, some of which can be offset by cyber risk insurance."
"... insurance carriers should internally organize key stakeholders related to AI strategy and development to collaboratively evaluate how they define and develop AI projects and models. If carriers have not yet established broad life cycle governance or risk management practices unique to their AI/machine learning systems, they should begin that journey with haste."