Episode 164 – Come Together, Right Now, Over Cybersecurity — with BoE's Sarah Breeden
with Sarah Breeden, Deputy Governor for Financial Stability, Bank of England
As AI rapidly reshapes the cybersecurity landscape, cyber risk is becoming an increasingly important concern for financial stability. In this episode of Current Account, Clay is joined by Sarah Breeden, Deputy Governor for Financial Stability at the Bank of England, to examine how financial institutions and regulators can respond.
They discuss the importance of cyber hygiene, rapidly identifying and patching vulnerabilities, and using AI to strengthen defenses. The conversation also explores the need for greater cooperation across financial services, technology, energy and telecommunications, as well as opportunities for international coordination as the U.K. prepares to assume the G20 presidency. They also look ahead to emerging questions around agentic AI, including payments, trading, fraud, accountability and financial stability.
This IIF Podcast was hosted by Clay Lowery, Executive Vice President, Research and Policy, and managed by Christian Klein, Digital Graphics and Production Associate and Miranda Silverman, Senior Program Assistant.