Presentation on Compliance and Cybersecurity in the Age of Artificial Intelligence at CBH Compagnie Bancaire Helvétique. Joel Fischer and Max Speckert presented on opportunities and risks of AI in the financial services industry at an event hosted by CBH Compagnie Bancaire Helvétique.

Michael Mosimann and Christian Schönfeld of Prager Dreifuss outline the changes the Swiss legislator intends to introduce in order to provide more clarity

Who is liable for the damage if a hacker succeeds in initiating fraudulent transactions on a Swiss bank account?

The payment system stands at the center of financial system transformation, serving as trust infrastructure that must function correctly and securely at all times. This multi-layered organization distinguishes between infrastructure, payment system operators, and application levels, where innovation primarily occurs. With digitalization, the trust dimension gains further significance as cybersecurity becomes an integral part of the product rather than a cost factor.

Financial institutions face mounting pressure to address quantum computing threats to their cryptographic infrastructure. As quantum technology advances, organizations must understand post-quantum cryptography implementation strategies and the regulatory landscape shaping data security requirements.

On 7 June 2024 FINMA published guidance on its findings from its cyber risk supervision and related topics. The guidance sheds further light on FINMA's...

Anyone who is obliged to maintain professional or official secrecy must take additional precautions in their contract when commissioning a cloud provider or other IT provider, especially if the provider has a foreign nexus.

The threat posed by cyberattacks has increased significantly in the last few years. This is shown by a recently published survey by the industry association Swissmem, according to which 70 percent...

Revolutionary technologies such as the Internet of Things (IoT) and autonomous vehicles are reshaping industries worldwide. As these innovations advance, understanding and managing...

While companies that fall prey to major hacks have become daily headlines, few people realize that a significant portion of these data breaches are from internal employees, not outside threats.

Swiss financial institutions face an emerging threat from quantum computing that could compromise current encryption methods. This article examines the technical implications of quantum computing advances and outlines the regulatory landscape requiring financial institutions to prepare for post-quantum cryptography.

A member of the board of directors is the highest supervisory and management body of the public limited company and either manages the business itself or delegates the management to third parties.

As the European Artificial Intelligence Act (AI Act) comes into force, tech companies need to be aware of the new requirements for general-purpose AI models and systems.

As widely known, the revised Swiss Federal Data Protection Act („revFADP") will enter into force on 1 September 2023, and there will be no grace period.

We were all happy about the more flexible attitude of the authorities in the EU and EFTA member states and Switzerland. In the meantime, everyone is talking about the fact that it is possible...

Your medical-device programme appears to be progressing. Regulatory and Quality are advancing the pathway. Product is moving forward. Commercial teams are preparing for customers. Management has a launch date. And still, one unresolved AI, data or cybersecurity issue can affect the next milestone. This is particularly dangerous because the problem is often not visible within any single workstream. It sits between them.

Während von grösseren Hackerangriffen betroffene Unternehmen fast täglich für Schlagzeilen sorgen, sind sich die wenigsten Leute bewusst, dass ein erheblicher...

In this part of our series, we analyse if and under which circumstances personal data breaches must be notified to the competent authorities in Switzerland.

A fundamental mistake in MedTech is to treat AI as another software project. It is not. An AI-enabled medical product can involve product safety, clinical performance, quality management, data protection, cybersecurity and AI regulation at the same time.

The European Union's recent annual report1 on cybersecurity incidents highlights a worrying trend: threats to critical infrastructure are intensifying. A whopping 1,276 security incidents were reported across Europe in 2024...