Cyber risk from a chief risk officer perspective
Abstract
This paper provides a high-level overview of the important aspects of cyber risk management of relevance to a chief risk officer (CRO). The paper provides an overview of practical aspects to consider without going into low level technical detail. The paper also covers some of the key areas of development that must be considered in order to improve maturity of cyber risk management.
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Author's Biography
Jaco Grobler is the Chief Risk Officer (CRO) for FirstRand Group, the largest financial services institution by market capitalisation in Africa. Jaco has worked extensively in the field of risk management during the past 25 years and gained extensive experience in financial services enterprise risks management. He joined the FirstRand Group in 2006 to head up the Basel II operational risk Advanced Measurement Approach (AMA) implementation across the FirstRand Group. He subsequently took up the role of Head of Financial Risk, focusing on a range of portfolio risk activities across the group. He was appointed the FirstRand Group CRO in 2010, where he is currently serving.
Citation
Grobler, Jaco (2018, March 1). Cyber risk from a chief risk officer perspective. In the Journal of Risk Management in Financial Institutions, Volume 11, Issue 2. https://doi.org/10.69554/PFYP8002.
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