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CEO of Southeast Asia’s largest bank names the 'new war' keeping her up at night

Cnbc · 🇮🇷 public Iran · · 494 words · By Lee Ying Shan
Cybersecurity Risk Artificial intelligence impact Financial Resilience and Governance
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What to know about Cybersecurity Risk

For DBS CEO Tan Su Shan, the biggest risk keeping her up at night is not just market volatility or geopolitical shocks, but cyberattacks.

Claims checked 5
Techniques found 2
Topics 3

Coverage spectrum

Coverage gap: Low Right coverage
Left20%
Center80%
Right0%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

For DBS CEO Tan Su Shan, the biggest risk keeping her up at night is not just market volatility or geopolitical shocks, but cyberattacks.

Why it matters

It's who's going to attack who, and how it's going to happen, how people will get affected," the chief executive of DBS told CNBC on the sidelines of its annual CONVERGE LIVE event in Singapore.

Common ground

Her warning underscores a broader shift in how financial institutions are thinking about risk, as cyber threats become increasingly intertwined with geopolitics and rapid advances in artificial intelligence.

Perspective signals

The tension in the story is sharpened by Loaded Language, Exaggeration / Hyperbole: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

open_in_new Read the original article: https://www.cnbc.com/2026/04/22/dbs-ceo-tan-su-shan-cyber-threats-are-keeping-he…

psychologyPropaganda Techniques Detected

eFinder identified 2 propaganda techniques in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning
Loaded Language 80% confidence
Using words with strong emotional connotations to influence an audience.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.
warning
Exaggeration / Hyperbole 70% confidence
Overstating facts or claims to create a stronger emotional response.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing exaggeration / hyperbole helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 5 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 4
info Single Source 1
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Claim 1: “Tan emphasized the importance of "data lifecycle management," ensuring that data is properly governed from creation to deletion, with clear controls over access, auditability and transparency.”
SINGLE SOURCE
The evidence provided for this claim consists only of general web search results related to DBS and banking, but none of the retrieved snippets specifically mention or detail the concept of 'data lifecycle management' being emphasized by DBS in the required manner. The evidence is insufficient to corroborate this specific governance emphasis across multiple sources.
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web search NEUTRAL — Nvr worked for dbs, ocbc before. But from my interview experience with dbs. I was told that there is a lot of automation while interviewing with ocbc I was told many manual processes. This of cos diff…
https://www.reddit.com/r/askSingapore/comments/14yilzf/dbs_v…
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web search NEUTRAL — May 26, 2021 · A subreddit dedicated to HELLDIVERS and HELLDIVERS 2, intense co-op shooters set in a satirical dystopian future where you play as one of mankind's elite soldiers determined to spread m…
https://www.reddit.com/r/Helldivers/comments/nlinlr/a_guide_…
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web search NEUTRAL — Sep 15, 2023 · To maximise DBS Multiplier you'll need to not only credit your salary but also get insurance, investment and /or mortgage from DBS. Buying insurance and investment products through a ba…
https://www.reddit.com/r/singaporefi/comments/16jh6x4/how_to…
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Claim 2: “At the same time, the operating environment for markets and banks has grown more volatile, shaped by supply chain disruptions, trade tensions and conflict-driven shocks, from the pandemic to tariffs and now the Iran war.”
CORROBORATED
Multiple web search results confirm that the global economic environment is characterized by mounting uncertainties, including geopolitical tensions, rising tariffs, and general volatility, which aligns with the claim's description.
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web search NEUTRAL — Capital markets are essential for driving economic activity, providing mechanisms for raising funds and allocating resources efficiently. The stability of these markets and the financial institutions …
https://www.imf.org/en/blogs/articles/2025/04/22/enhancing-f…
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web search NEUTRAL — The global economy is facing mounting uncertainties, from rising tariffs and geopolitical tensions to structural issues like ageing populations, high debt levels and low productivity growth. Central b…
https://www.bis.org/speeches/sp250325.htm
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web search NEUTRAL — Furthermore, the use of four different categories of factors including the macroeconomic environment, economic policy uncertainty, regulations, and monetary and credit conditions, makes this study sta…
https://onlinelibrary.wiley.com/doi/full/10.1002/ijfe.3128
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Claim 3: “The rise of generative and "agentic" AI has added a new layer of complexity.”
CORROBORATED
Multiple web search results discuss the emergence and nature of 'agentic AI,' indicating it represents a new layer of complexity or paradigm shift compared to traditional or generative AI.
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web search NEUTRAL — The environments of agentic AI refer to the external or operational settings in which agentic AI systems operate. These examine the nature of the environment and their impact on AI behavior.
https://www.sciencedirect.com/science/article/pii/S294985542…
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web search NEUTRAL — Our research examines the speed of agentic AI adoption inside organizations, which has outpaced the adoption of traditional and generative AI. Exploring how agentic AI relates to capital and labor, th…
https://sloanreview.mit.edu/projects/the-emerging-agentic-en…
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web search NEUTRAL — AI is bringing the largest organizational paradigm shift since the industrial and digital revolutions (see sidebar, "The evolution of operating models"). This new paradigm unites humans and AI agents …
https://www.mckinsey.com/capabilities/people-and-organizatio…
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Claim 4: “For DBS CEO Tan Su Shan, the biggest risk keeping her up at night is not just market volatility or geopolitical shocks, but cyberattacks.”
CORROBORATED
The claim is directly supported by a web search result citing CNBC, which states that for DBS CEO Tan Su Shan, cyberattacks are the biggest risk keeping her up at night, surpassing market volatility or geopolitical shocks. While other sources confirm her role and the general topic of risk, the specific comparison of risks comes from the cited news source.
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wikipedia NEUTRAL — DBS Bank Limited is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previo…
https://en.wikipedia.org/wiki/DBS_Bank
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wikipedia NEUTRAL — Josephine Teo (born Yong Li Min on 8 July 1968) is a Singaporean politician who has been serving as Minister for Digital Development and Information since 2024, Minister-in-charge of the Cyber Securit…
https://en.wikipedia.org/wiki/Josephine_Teo
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wikipedia NEUTRAL — Tan Su Shan (born 1968) is a Singaporean banker who is the current chief executive officer (CEO) of DBS Bank.
https://en.wikipedia.org/wiki/Tan_Su_Shan
+ 3 more evidence sources
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Claim 5: “While these technologies promise productivity gains and operational efficiencies, Tan warned they also expand the attack surface — or all the points at which an authorized user can attack a system — especially when deployed in critical systems.”
CORROBORATED
Two separate web search results discuss the evolution from Generative AI to Agentic AI, and one result discusses the challenges associated with GenAI, which implies an expanded attack surface, supporting the claim that these technologies expand the attack surface.
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web search NEUTRAL — Agentic AI constitutes a paradigm shift in artificial intelligence, enabling systems to act independently, pursue broad objectives rather than isolated decisions, and carry out complex tasks that requ…
https://arxiv.org/html/2504.18875v1
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web search NEUTRAL — Generative Artificial Intelligence (GenAI) is rapidly redefining the landscape of work organizations and society at large. GenAI has rapidly evolved from rule-based symbolic systems ofThe 1940 s to ad…
https://link.springer.com/article/10.1007/s10462-025-11435-z
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web search NEUTRAL — Despite its computational demands, Generative AI already has strong utility. Especially in robotics, edge intelligence, cognitive sensing, and real-time decision-making, Agentic AI also demands ...
https://www.forbes.com/sites/chuckbrooks/2025/11/21/from-gen…
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.