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Money at Risk: Finance & Data Security in the Digital Age

NexusTek

However, the financial services industry faces unique challenges relative to customer expectations. The Facts: Financial Services Industry and Cyber Threats Year after year, cybersecurity research reveals the ugly facts. In 2020, the financial services industry was the #1 most targeted industry for cyberattacks 2.

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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

Cyberrisk has also drawn considerable concern and the threat landscape continues to evolve rapidly, though the details of increased cyberattack activity are not yet fully known and may be largely unfolding below the surface right now.

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Tips for Managing Third-Party Risk in Health Care

Reciprocity

Such valuable data creates immense cybersecurity risks in healthcare. The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. Despite HIPAA regulations, cybersecurity attacks and data breaches targeting healthcare remain a severe and increasing threat.

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The Difference Between Strategic and Operational Risk

Reciprocity

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Cybersecurity events, such as data breaches.

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What is Vendor Risk Management (VRM)? The Definitive Guide

Reciprocity

Such risks could affect your business’ cybersecurity, regulatory compliance, business continuity, and organizational reputation. It encompasses controls for cybersecurity, information technology, data security, and business resiliency. Initial vision and ad hoc activity. Approved route and ad hoc activity.

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Omnibus Funding Package for 2023: What’s Relevant for the Security Industry

Security Industry Association

billion DOD Research, Development, Test and Evaluation – $139.8 Financial Services and General Government – $27.7 Internal Revenue Service – $12.3 Defense Department – $797.7 billion (largely reflecting funding levels set in the fiscal 2023 National Defense Authorization Act) – $69.3 billion – 19.9

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Here is why: In my 18 years as CEO of LogicManager, I have observed a pattern that for every corporate mishap, cybersecurity breach, corporate fraud, or non-compliance finding, experts within the company attempted unsuccessfully to escalate their concerns six months or more prior to the mishap. Imagine the contagion there.

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