BCG and The World Economic Forum are working together to strengthen cybersecurity.

Walter Bohmayr is a core member of Boston Consulting Group's Technology Advantage and Financial Institutions practices and leads BCG's efforts in risk and finance IT and in cybersecurity worldwide. Walter is also a member of the BCG global Audit and Risk Committee, which is responsible for IT and cybersecurity.

Since joining BCG in 1998, Walter has focused his client work on the banking sector. He has acquired deep experience in the development of cybersecurity, portfolio, and IT strategies as well as risk-management programs. He has also supported transformation programs and mergers across Europe.

Prior to joining BCG, Walter worked with a Swiss high-tech company responsible for simulating semiconductor processes.

AREAS OF EXPERTISE

  • Leads BCG's global work in risk and finance IT and cybersecurity
  • Core banking system and infrastructure programs
  • Risk management in financial institutions
  • Digital transformation
  • Big data analytics

EDUCATION

  • PhD, sub auspiciis praesidentis, microelectronics and semiconductor physics, Vienna University of Technology
  • MSc, summa cum laude, electrical engineering, Vienna University of Technology

HONORS AND AWARDS

  • Honorary prize of the Austrian Minister of Science and Research for best graduate of Vienna University of Technology in the academic year 1993-94
  • Honorary prize of the Austrian Minister of Science and Research as PhD graduate sub auspiciis praesidentis

Publications and Videos

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Managing the Cyber Risks of Remote Work

With millions of office employees suddenly working from home, companies are more exposed to cyber attack than ever before. Take these seven steps now to protect your IT and sensitive data.
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A Smarter Way to Quantify Cybersecurity Risk

Not every application or data asset requires the same type or level of cybersecurity protection. BCG’s Cyber Doppler tool quantifies the likelihood of a cyberattack occurring as well as the impact of a successful attack.
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Are You Spending Enough on Cybersecurity?

The best response: answer this question with questions. That way, you can make an informed decision about what’s right for your organization.
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Building Cyberresilience in the Electricity Ecosystem

A large-scale cyberattack on the power grid could inflict major economic damage. Utility boards must act now to address the looming cyberrisks.
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Artificial Intelligence Is a Threat to Cybersecurity. It’s Also a Solution.

Companies are in an arms race. They need to protect their fledgling AI programs. AI also gives attackers a powerful new capability. The solution? AI.
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Banking’s Cybersecurity Blind Spot—and How to Fix It

Banks must recognize that cyberattacks are more than just an IT problem—they’re a major threat to the industry and to the world’s financial system.
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Toward a Model for Public-Private Collaboration in Cybersecurity

Persistent misunderstandings over policy and technical issues have plagued collaboration between public and private sectors on cybersecurity. More and better cooperation is needed.
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Cybersecurity: A Human Problem Masquerading as a Technical Problem

In the critical struggle to keep their digital data secure, businesses must address the tradeoff between end-user comfort and effective security patch deployment.
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Building the Cyberresilient Health Care Organization

The cyberrisks to the health care industry include more than ransomware and threaten more than hospitals. All kinds of companies and institutions are vulnerable.
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The Cybersecurity Assistance Local Governments Need

Citizens rightly expect government to take steps to protect against cyberattacks. But state and local governments are typically poorly suited to addressing cybersecurity on their own.
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Develop a Cybersecurity Strategy as If Your Organization’s Existence Depends on It

As businesses increasingly rely on technology, addressing catastrophic risks—threats that could cause the loss of data, production systems, or intellectual property—must be on every executive’s agenda.
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It Takes a Coalition to Protect the Internet of Things

Baby monitors shutting down major websites? It’s not science fiction. New malware threatens IoT-connected devices—and the internet economy. But a collaborative approach offers solutions.
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