Ireland has an Opportunity to Develop World-Class Cybersecurity Talent
Davinia Conlan
Citi Country Officer, Citi Ireland
This year, Citi proudly celebrates 60 years in Ireland. As we look ahead to the next 60 years, we are excited to develop Dublin as a strategic hub for our continued growth.
In line with this vision, we are developing a state-of-the-art building on the North Quays – a testament to our long-term dedication to Ireland and our ambitious plans for the future.
By tapping into the excellent talent available, we aim to strengthen our commitment to fostering and empowering world-class talent. As we look across the talent base, one of our current areas of focus is cyber talent.
According to estimates from Statista’s Market Insights, the global cost of cybercrime is expected to surge in the next four years, rising from $9.22 trillion in 2024 to $13.82 trillion by 2028. The threat landscape is evolving making it crucial for organisations to implement strong defences and stay up to date with best practices.
Protecting Citi and our clients is our number one priority. The purpose of our programme is to maintain the confidentiality, integrity, and availability of Citi and client information across all businesses and locations. Citi’s cyber strategy is designed to strengthen Citi’s cyber resilience by continuously advancing the firm’s ability to defend against increasingly dangerous and sophisticated cyber security threats.
Our strategy aligns controls, risk assessments and capabilities to modern industry frameworks to ensure a comprehensive and holistic approach to Citi’s cyber security program.
We have identified six pillars to drive this strategic intent:
Advanced Threat Protection: Implementing advanced, threat-focused, rapid, automated, and predictive operations;
People and Processes: Developing and empowering world-class cyber talent
Partner Excellence: Strengthen partnerships with all lines of defence, and industry / government groups
Business Growth and Client Experience: Enable business revenue and competitive advantage; educate clients to improve cybersecurity
Secure by Design: Embedding security architecture and design in all phases of Citi’s Solution Delivery Life Cycle
Accelerated AI: Leverage AI to protect Citi through controls that are high-speed, data-driven, automated, and autonomous
As a global financial organisation, maintaining robust cyber capabilities is critical to safeguarding our clients, protecting sensitive data, and ensuring the resilience of our operations in an ever-evolving landscape. Having access to a strong network of cyber talent in Ireland will support us to deliver on these priorities.
By tapping into the excellent talent available, we aim to strengthen our commitment to fostering and empowering world-class talent.
