article thumbnail

Operational Resilience for Financial Services: A Perspective from the U.S.

Pure Storage

Operational Resilience for Financial Services: A Perspective from the U.S. We took a global look at the subject of OR in our white paper, “ Strengthening Operational Resilience in Financial Services ,” and two blogs that focused on requirements in Europe and APAC. Like nearly all efforts in the U.S.,

article thumbnail

How CISOs Can Reduce Third-party Attack Vectors

Pure Storage

Cybercriminals know that big attractive targets like major financial services and healthcare organizations will have robust defenses around their own assets. In-depth questionnaires and even independent audits might be appropriate, but the process should be thorough.

Audit 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Demonstrate Storage & Backup Compliance A Practical Guide

Solutions Review

In addition, many of these standards require organizations to verify that they are carrying out their fiduciary responsibilities concerning Common Vulnerabilities & Exposures (CVEs). Many of the tools used to scan for vulnerabilities and security misconfigurations do a poor job in identifying storage and backup risks.

Backup 52
article thumbnail

The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

Description: Archer IT & Security Risk Management enables users to document and report on IT risks and controls, security vulnerabilities, audit findings, regulatory obligations, and issues across their technology infrastructure. Platform: Archer IT & Security Risk Management. Fusion Risk Management. Platform: HighBond.

article thumbnail

Choosing a Governance Risk and Compliance Tool: Constant Vigilance

Reciprocity

It also helps align internal audit, external audit, and compliance functions. In the modern business landscape, organizations in every industry must manage auditing, risk assessments, compliance, vendor assessments, cybersecurity threats, and disaster recovery. Audit management. What Are the Benefits of Using a GRC Tool?

article thumbnail

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

LogisManager

For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy. External auditors, rating agencies, and investment banker analyst firms are protected by free speech and have a financial stake in the companies they report on. This is GRC at its finest.

Banking 98
article thumbnail

Risk Assessment vs Risk Analysis

Reciprocity

Here are some others: Financial risk. Audit risk. So would a zero-day attack, in which hackers exploit a previously unknown vulnerability. Instead of using spreadsheets for your risk management strategies, adopt Reciprocity ZenRisk to streamline evidence and audit management for all of your compliance frameworks.