The rapid and often disruptive development of technological advances is fundamentally changing the financial landscape by altering the interaction between customers and providers of financial services, lowering the barriers for new entrants, and enabling the emergence of new business models and ecosystems. Banks have to adapt to the new competitive environment by becoming trusted custodians of clients’ financial data while at the same time intelligently analyzing their data and behavior to anticipate needs and deliver tailor-made solutions while ensuring they mitigate and manage cyber risk.