Hacking The Basics of Cybersecurity
Cyber threats are projected to cost over USD 10 trillion in 2025, making them one of this decade's fundamental challenges. In SFI this Roundup, experts from academia and industry examine the most critical vulnerabilities and the priority responses. The financial sector remains particularly vulnerable due to decades-old legacy systems and cascading effects on interconnected payment networks. Rather than relegating cybersecurity to IT departments, boards must recognize it as a strategic concern requiring continuous investment and cultural change, where every employee understands their defensive role. As ransomware gangs and state-sponsored actors blur together, and centralized cloud providers create dangerous single points of failure, the path forward requires not just better technology but reimagining how we balance efficiency with resilience in our hyperconnected world.
The most recent SFI Roundup offers practical and research insights into this topic from Alain Beuchat, formerly Chief Information Security Officer at Lombard Odier (retired); Marc Henauer, Senior Political and International Affairs Officer at the Swiss National Cyber Security Centre (NCSC); SFI Prof. Anastasia Kartasheva, UNISG; SFI Prof. Olivier Scaillet, UNIGE; Beat Schär, Head of IT Security and Architecture at the Swiss National Bank (SNB); SFI Prof. Fabian Schär, UNIBAS.