In this Podcast, Glenn Tasky, SEACEN’s Director of Financial Stability  and Supervision / Payment and Settlement Systems, interviews Stephen  Scott and Jeff Kupfer of Starling Trust Sciences, LLC. Starling is a  behavioural sciences company that utilizes technology to assist in the  evaluation of culture of organizations, including banks and other  financial institutions. These evaluations can reveal deficiencies in a  bank’s culture that may point to heightened misconduct risk. The  Starling executives discuss the most prominent and most recent banking  scandals, and emphasize that culture within a bank (or any firm) is  contagious, and both executives and employees take their cues from their  peers – not necessarily from laws, regulations, and best practices – in  deciding on a course of action. 

In this  2nd episode in our series on Cybersecurity, Dr. Ole Rummel and Mr. Mark McKenzie spoke with Puan Jessica Chew, Deputy Governor of Bank Negara Malaysia responsible for financial stability which covers the regulation and supervision of banks, insurance companies, payment systems and money services.  The main subject of this conversation is cyber risks and financial stability. It was recorded as part of our lead up to the SEACEN Centre's Annual Policy Summit on Central Bank Leadership in Combating Cyber Risk in Kuala Lumpur, Malaysia, 13 -14 June 2019.

Dr Ole Rummel interviews Glenn Tasky, Director of the Financial Stability and Supervision/Payment and Settlement Systems pillar of the Centre about issues in Cybersecurity and Central Banking. This is part 1of 2 podcasts which lead up to the SEACEN Centre's Annual Policy Summit to be held in Kuala Lumpur, Malaysia, on 13 and 14 June 2019. 

In this episode, Dr Hans Genberg, the Centre's Executive Director, speaks to Grant Spencer, Former Governor of the New Zealand Reserve Bank on the above and his experiences as a senior central banker.

Ole and Mark talk about altcoins and compare them to bitcoin. They also talk about permissioned vs. permissionless, blockchain, and plug our upcoming Policy Summit in May 2018!

Dr. Rummel and Mark kick off the new year by recapping the topics we covered in the podcasts we did in 2018, including some clips from the various interviews we conducted. Also a sneak preview of next month's podcast!

Errata: During the recording of this podcast, Mark McKenzie incorrectly made reference to a “recent IMF Paper” between 20.16 – 20.20 mins, 24.30-20.34 mins and 32.56-33.00 mins. Please note the correct reference is: Bank for International Settlements (BIS) Working Papers No 765 “ Beyond the doomsday economics of “proof-of-work” in cryptocurrencies” by Raphael Auer of Monetary and Economic Department published in January 2019. The paper is available at https://www.bis.org/publ/work765.htm

Sound credits:

Initial 7 seconds of "We're back online"  by Kaptin_Random, from Freesound.org (https://freesound.org/people/Kaptin_Random/)used under the following Creative Commons license (https://creativecommons.org/licenses/by-nc/3.0/legalcode) Intro music from Accelerated Ideas (http://www.accelerated-ideas.com/freemusictracks/aisearchtracks.aspx?stxt=intro)