2020 Unfolding Stories: The Weakest Link

The RegTech Report

Karl and Stefan discuss thoughts on the similarities between two major and rapidly unfolding stories of 2020 - the Twitter Hack and Wirecard. Both environments, who are heavily regulated and audited with strong conventional controls, still left a wide open space to defraud shareholders, manipulate employees and expose customers.
In 2020, moving people into new environments shifted the security baseline, making employees vulnerable with compromised security awareness.
What does this tell us about the nature of Controls? Can this even be completely prevented going forward? As even in the strongest castle, you can still find some way to get through the walls.
Top 3: Things that went away with COVID and are likely not coming back any time soon.