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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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Josh Magri: The CRI Profile – A Simplified Approach to Better Assessment

FS-ISAC

Episode Notes The Cyber Risk Institute has developed a cybersecurity framework for the financial sector that is based on globally recognized standards. Notes from our Discussion with Josh CRI Profile The profile is the Rosetta Stone between cybersecurity frameworks, standards, and regulatory provisions.

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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

According to experts ranging from independent cybersecurity professionals to officials at the Cybersecurity and Infrastructure Security Agency (CISA), organizations at greatest risk right now include critical infrastructure , banks and other financial services firms, and of course key service providers in Ukraine or Russia.

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Risk Assessment vs Risk Analysis

Reciprocity

A risk assessment evaluates all the potential risks to your organization’s ability to do business. Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. Both are components within the larger whole known as risk management or risk evaluation. What Is a Risk Assessment?

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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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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