Financial institutions are facing a new reality: cyber-resilience has passed from being a best practice, to an operational necessity, to a prescriptive regulatory requirement. Crisis management or Tabletop exercises, for a long time relatively rare in the context of cybersecurity, have become required as a series of regulations has introduced this requirement to FSI organizations in several regions, including DORA (Digital Operational Resilience Act) in the EU; CPS230 / CORIE (Cyber Operational Resilience Intelligence-led Exercises) in Australia;
Last month, at the 33rd annual DEF CON, the world's largest hacker convention in Las Vegas, Anthropic researcher Keane Lucas took the stage. A former U.S. Air Force captain with a Ph.D. in electrical and computer engineering from Carnegie Mellon, Lucas wasn't there to unveil flashy cybersecurity exploits. Instead, he showed how Claude, Anthropic's family of large language models, has quietly outperformed many human competitors in hacking contests - the kind used to train and test cybersecurity skills in a safe, legal environment.