Clobbering cyberfraudsters

It’s been a busy few years for Rachel Wilson, head of wealth management data security and infrastructure risk at U.S investment bank Morgan Stanley. And it looks like her job is getting tougher as cybercriminals become more sophisticated and quickly react to her efforts to fight them. The dynamics of cybersecurity have gone through a well-documented transformation following the COVID-19 pandemic. The health crisis has only accelerated the use of personal computers and mobile devices for everything from banking to shopping, and that’s opened a myriad of opportunities for fraudsters.

If that’s not enough, banks now must brace for potential cyberattacks from Russia as that country invades Ukraine and responds to sanctions imposed by the U.S. and other European nations. Wilson’s experience fighting bad actors and terrorists in cyberspace at the National Security Agency (NSA) positions her well to tackle the challenges Morgan Stanley and the financial system face in an increasingly volatile world.