Risk Management Monitor

MARCH 4, 2022

A wide range of risks are trickling down from Russia’s assault on Ukraine , from sanctions compliance to supply chain disruption to business interruption. Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly.

Management 56

Management Malware Cybersecurity Insurance 56

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Ability to Procure Cyber Insurance.

Resilience 52

Resilience Insurance Insurance Audit 52

Advancing Analytics

AUGUST 26, 2021

Besides that, the financial industry is a vast sector that includes banks, building societies, e-money institutions, mortgage companies, investment banking, credit unions, insurance and pension companies. Interestingly, the insurance sector has 100% live machine learning applications in use. Risk Management.

Financial Services 52

Financial Services Banking Insurance Insurance 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. In banking, for example, the FDIC, the Office of the Comptroller of the Currency (OCC), or the Consumer Financial Protection Bureau (CFPB) are stringent regulators that can impose high fines for compliance issues. Senior Management. FDIC), a primary U.S. Let’s look at several examples.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

MARCH 24, 2022

Internal fraudsters might engage in fraudulent activity for years by taking advantage of their “trusted insider” status. Without a robust control environment, fraudsters can exploit a weakness or take advantage of their position or influence to commit a fraudulent activity. Fraud is often difficult to detect.

Audit 52

Audit Banking Activation Authorization 52

Plan B Consulting

NOVEMBER 24, 2017

This week I spent some time teaching the GPG course in-house for a bank. This was done for every activity and served as a key justification for the cost and effort in rolling out business continuity. I then looked at the £10m figure, which was a real figure the company banked every day, confirmed by the finance department.

Fashion 52

Fashion Banking Consulting Activation 52

Plan B Consulting

NOVEMBER 24, 2017

This week I spent some time teaching the GPG course in-house for a bank. This was done for every activity and served as a key justification for the cost and effort in rolling out business continuity. I then looked at the £10m figure, which was a real figure the company banked every day, confirmed by the finance department.

Fashion 52

Fashion Banking Consulting Activation 52

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. After conducting this inventory, security teams can then implement a risk-driven modernization plan that starts with business-critical and protected data (by law) systems. Upholding good cyber hygiene.

Authentication 142

Authentication Cybersecurity Security Government 142

BCP Builder

APRIL 20, 2020

This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. I think that Business Continuity Certification will be made mandatory by Insurance Companies and Banks. This will surely change.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

BCP Builder

APRIL 20, 2020

This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. I think that Business Continuity Certification will be made mandatory by Insurance Companies and Banks. This will surely change.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

Erwood Group

JULY 12, 2022

Plan Activation. Insurance Contact Information. Risk Assessment Key Findings. Crisis Management Levels. Recovery Team Activation. Some, experienced & trained personnel familiar with the department’s activities and the Response Procedures are available. Plan Activation. Assumptions. Notification.

Continuity Planning 114

Continuity Planning Business Continuity BCP Disaster Recovery 114

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. After conducting this inventory, security teams can then implement a risk-driven modernization plan that starts with business-critical and protected data (by law) systems. Upholding good cyber hygiene.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. After conducting this inventory, security teams can then implement a risk-driven modernization plan that starts with business-critical and protected data (by law) systems. Upholding good cyber hygiene.

Healthcare 52

Healthcare Security Cybersecurity Government 52