Summary: “For a long time, these were fields that were seen as kind of ancillary—compliance issues, have-to-dos and cost centers,” Juan Zarate says of anti-money laundering, fraud and cybersecurity. “Today, management of financial crime risk is now a fundamental part of banking.” Among other topics, Zarate addresses the capacity of today's cyber criminals, threats from nation-states like Iran and North Korea, the emergence of technologies like quantum encryption and the technical skills banks need access t
