RegTech Round-up RegTech Round-up

Exploring the Field of Data Security with Seclore

Jul 3, 2024 · 25m

Summary

Lauren Schwartz interviews Mark Soutera of Seclore on evolving data security threats, rising breach costs, and the impact of remote work and AI. They discuss balancing security with usability, implementing zero-trust strategies, and protecting data in third-party environments. Soutera emphasizes removing financial incentives for hackers by rendering stolen data inaccessible, thereby mitigating ransomware and fraud risks.

Topics discussed

Introduction to CRTA RegTech Roundup and guest Mark Soutera Evolution of data security threats and rising breach costs Regulatory pressures, AI risks, and removing hacker incentives Balancing security with usability and avoiding common mistakes AI's role in data security: benefits, risks, and governance Case studies on third-party risk and lessons from high-profile breaches Final thoughts on AI risks and concluding remarks
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