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May 2016: AKATI Consulting Invited To Lead Cyber Security Discussion at the 8th BankTech Asia

25 May 2016, Manila - Philippines - Retail banking being one if not the biggest and most profitable areas of the banking industry is growing and expanding with the latest and most advanced technologies. BankTech Asia 2016 held its Manila leg at the Dusit Thani Hotel last May 25 – 26, 2016. The event featured leading edge financial technology solutions and provided the opportunity for the speakers and delegates –composed of key industry leaders and decision makers from the banking sector –to exchange best practice strategies for applying innovation.

Krishna Rajagopal, the CEO of AKATI Consulting was invited to lead a panel discussion titled: “Angels and Demons: FSI vs Cyber Criminal”. In leading his panel discussion, Krishna highlighted that, based on a statistical report, “The worldwide cybersecurity market is predicted to grow from $77 billion in 2015 to $170 billion by 2020” and The “Global State of Information Security Survey 2015” found that U.S. information security budgets have grown at almost double the rate of IT budgets over the last two years. In 2015 alone, IT Security budgets have grown by 24%

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Some of the issues discussed included:
1. Cyber threats against financial institutions, the concern in money transfer.
2. Why cyber attacks are on the rise despite increased spending on cybersecurity.
3. New trends in “FinTech” and IoT technologies - are they a boon or a curse in general with regards to FSI & cybersecurity

The panelists included Jeffrey Fok Boon Hung of eProtea MSC, Khong Kok Loong of iPay88 and Edward Law of Securemetric Technology.

ABOUT AKATI CONSULTING
AKATI Consulting Group is a security-focused consulting firm providing services specializing in Information Security and Information Forensics. Operating in 5 continents with over 300 global clients, AKATI Consulting has earned its reputation for offering reliable solutions with guaranteed results using cutting-edge technology. Top banks in the world, military and some of the most hostile environments in the globe trust AKATI Consulting as their Trusted Security Advisor. With its extensive experience and capabilities in Information Security & Computer Forensics consulting and training, AKATI Consulting is able to customize its services to suit the needs of each client. AKATI Consulting Group fills a distinctive requirement in business environments increasingly dependent on Information Technology and takes on the role of your InfoSec S.W.A.T Team.

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AKATI Consulting Group
Email : hello@akati.com 
Web : www.akati.com