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Javier Pérez-Tasso & Stephan Zimmermann

As Sibos reached its end, the final panel wrapped up the fourth day of the event with bits and pieces of the different panels we had seen up until then.

Javier Pérez-Tasso & Stephan Zimmermann took over the first half of the session, discussing the main topics that we had been occupying the minds of all attendees. They both highlighted the spirit of innovation that is taking over the industry, and how the reality of new technologies is that they are already here. Blockchain, AI, and other modern tech is not utopic of hypothetical anymore.

Secondly, the panel discussed security and risk. A quote by one of the speakers stands out: “The industry does not a security problem, but a risk management problem.” The priority for the industry is learning how to assess and manage risk, which means points to the need of adopting a risk-based approach to security.

As discussed , the mindset to have is not about having a checklist, but looking at risk, assuming that the company is compromises and exploring options to mitigate it preemptively. This led to a conversation about risk in channels of communications. Another quote stands out: “Digital age is age of risk management.” With the multitude of  endpoints to access data.

The second half of the talk was an interview with Microsoft CEO Satya Nadella, whose messaged resonated with the previous talk about risk, innovation and understanding digital channels.

“There is an increasing need for computing. Software has become the most malleable resource ever in the history of mankind,” he said. “More software means that more computing is required, and innovation and new ways to keep pushing the industry through technology is the solution”.

He quoted Nobel prize winner Bob Dylan; “He not busy being born is busy dying”. This quote encompasses the spirit of innovation that is felt in the industry, and the need to keep re-inventing it to keep developing and improving.

by Henry Vilar
Henry is Junior Reporter at IBS Intelligence, follow him on Twitter or contact him at: henryv@ibsintelligence.com