These changes are marked by both speed and ubiquity, and therefore have an impact on almost everyone and most firms and business processes, especially in the financial services sector. While most of these advances have been beneficial, the cyber-world also has its dark side. This is where individuals, groups, and organisations use and exploit the advances made in ICT for ulterior motives.
Stephen S Poloz: A new balance point – global trade, productivity and economic growth Remarks by Mr Stephen S Poloz, Governor of the Bank of Canada, to the Investment Industry Association of Canada and Securities Industry and Financial Markets Association, New York City, 26 April 2016.