FS-ISAC

MARCH 5, 2024

Episode Notes It’s difficult to quantify risk – some CISOs say it can’t be done – but there is a business case to be made for cybersecurity measures and controls (information sharing helps). In one sense, such metrics are available, insofar as they apply to the link between cyber risks and financial services organizations’ capital reserves.

Financial Services 72

Financial Services Risk Management Cybersecurity Strategic 72

FS-ISAC

MARCH 2, 2022

As a financial services cybersecurity professional who has worked on three continents for large multinational institutions, I understand the advantages and challenges for security departments at banks both large and small. This is a problem in a cybersecurity landscape defined by rapid change.

Banking 59

Banking Cybersecurity Risk Reduction Financial Services 59

FS-ISAC

APRIL 18, 2023

17:32 – The benefits of quantum computing for the financial services industry 25:51 – How to initiate post-quantum computing planning

Financial Services 52

Financial Services Cybersecurity Security Technology 52

Pure Storage

MAY 20, 2024

In fact, the US Cybersecurity & Infrastructure Security Agency (CISA) advises victims not to pay ransomware attackers, noting that in many cases the hackers will demand more money or often target the same organization again. Even then, cybercriminals may not return control to the organization they’ve targeted.

Cybersecurity 52

Cybersecurity Architecture Mitigation Data Recovery 52

Pure Storage

JUNE 6, 2023

The European Union’s Digital Operational Resilience Act (DORA) is intended to improve the way financial institutions manage data so that they are more resilient against ransomware and other cybersecurity threats. SafeMode is built on the “Four Eyes Principle” currently used by the financial services industry for critical assets.

Banking 97

Banking Resilience Financial Services Architecture 97

FS-ISAC

JULY 1, 2021

In 2021, the digitization of financial services that was hastened by the pandemic is past the point of no return. This radical and rapid expansion of the financial sector’s attack surface has meant that cybersecurity is increasingly front and center, not only of risk management but also of competitive considerations.

Banking 52

Banking Financial Services Cybersecurity Risk Management 52

FS-ISAC

NOVEMBER 8, 2021

Cybersecurity has become a critical topic for boards of directors for several reasons. First, cybersecurity is now an existential issue, intrinsically tied to staying competitive in the market. This can mean that board members are personally liable for major cybersecurity lapses. Many use the NIST Cybersecurity Framework.

Cybersecurity 75

Cybersecurity Financial Services Risk Management Benchmark 75

Pure Storage

OCTOBER 13, 2023

Employee awareness, security hygiene, and training are vital components of any cybersecurity strategy. energy, financial services, and transportation) or sensitive and regulated data, like healthcare and financial services. What investments can I make now to protect my enterprise from wiperware?

Malware 52

Malware Disaster Recovery Financial Services Backup 52

FS-ISAC

SEPTEMBER 8, 2021

With the pandemic and rapid digitization of financial services that has accompanied it, cybersecurity professionals have never been in more demand. So having a diverse and inclusive cybersecurity team is not just the right thing to do, it is an imperative. Cyber threat activity is at an all-time high.

Banking 145

Banking Cybersecurity Malware Financial Services 145

Pure Storage

MAY 13, 2024

Cybercriminals know that big attractive targets like major financial services and healthcare organizations will have robust defenses around their own assets. To help, a new class of tools has appeared on the market: Third-party cybersecurity risk management (TPCRM) platforms can help manage both assessment and ongoing monitoring.

Audit 52

Audit Banking Benchmark Application 52

FS-ISAC

MARCH 2, 2022

However, while quantum computing may still be in early stages of development, there are several other quantum technologies already in use that are relevant for CISOs in financial services. Infinitely more powerful computers would transform our entire technology infrastructure, especially in financial services.

Financial Services 98

Financial Services Technology Internet Fashion 98

Fusion Risk Management

JANUARY 24, 2023

This past year, we also saw increased interest from organizations outside of banking and financial services in learning how to apply operational resilience concepts within their programs. In 2023, we will continue to see more non-financial services companies adopt operational resilience concepts and frameworks.

Resilience 52

Resilience Financial Services All-Hazards Disaster Recovery 52

Risk Management Monitor

MARCH 4, 2022

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.

Management 56

Management Malware Cybersecurity Insurance 56

FS-ISAC

MARCH 2, 2021

With digitization of financial services accelerated by the pandemic, the financial services industry is collecting and processing reams of sensitive customer financial data. Digitization of financial services is here to stay. Financial flows operate across borders. It is also more secure.

Financial Services 52

Financial Services Banking Marketing Cybersecurity 52

FS-ISAC

NOVEMBER 8, 2021

Insights spoke with BBVA CISO Alvaro Garrido to discuss how he sees cybersecurity evolving over the next several years. BBVA was the first bank in Europe to launch a crypto custody service. How do you use machine learning to mitigate cybersecurity threats? The new regulations coming into force (GDPR, NIS, PSD2 etc.)

Security 52

Security Banking Cybersecurity Marketing 52

FS-ISAC

JUNE 30, 2022

In your own words, what is supply chain resiliency, and why is it one of the most important areas of cybersecurity in financial services today? It is important for financial services as well as other sectors, because as individual enterprises we cannot control what happens at another organization.

Resilience 52

Resilience Failover Financial Services Cyber Resilience 52

FS-ISAC

MARCH 8, 2023

They discuss the changing role of the CISO in the advent of new tools that are changin g the cyber s ecurity landscape , why security is becoming a big data problem, and more including: - The CISO role is now more integrated with business operations: 03:30 - How the evolving Internet ecosystem is impacting cyber security: 13:20 - On the security threats (..)

Security 52

Security Financial Services Internet Cybersecurity 52

Security Industry Association

MAY 9, 2022

SIA is offering three courses virtually during PSA TEC: the Security Project Management seminar , the Security Industry Cybersecurity Certification (SICC) Review Course and the SIA OSDP Boot Camp. In the D.C. Join us for in-person networking on Thursday, May 19! Learn more and meet the advisory board here.

Education 98

Education Financial Services Security Manufacturing 98

FS-ISAC

SEPTEMBER 8, 2021

For many years, the cybersecurity industry had no other use case for crypto and thought of regulation as a pipe dream. Blockchains are permanent and immutable, providing a compelling use case for financial services as a means to upgrade their cybersecurity practices.

Banking 52

Banking Cybersecurity Internet Marketing 52

FS-ISAC

JUNE 30, 2022

More than six months since Log4j made the headlines, the threat of zero-day exploits, or previously unknown vulnerabilities, looms large over the heads of business leaders and cybersecurity teams. In an already strained and competitive cybersecurity hiring landscape, people should be priority number one. Working the Muscle.

Vulnerability 52

Vulnerability Cybersecurity Malware Financial Services 52

Fusion Risk Management

FEBRUARY 7, 2023

If you ask most resilience students or apprenticeship trainees what their ultimate career goal position might be, heading up the global resilience team for financial services market leaders would likely be high up there. However, once you have reached those lofty echelons, you have a massive challenge on your hands.

Financial Services 52

Financial Services Resilience Crisis Management Vulnerability 52

Pure Storage

FEBRUARY 16, 2024

The “Citrix Bleed” vulnerability, related to Citrix’s remote access technology, hurt companies ranging from Boeing, Toyota Financial Services, and ICBC, China’s massive state-owned bank, as Forbes reported. No industry can get lazy about the potential for attacks– they’re all at risk. State-sponsored cyber espionage is on the rise.

Security 128

Security Insurance Insurance Government 128

Solutions Review

JULY 28, 2023

New Cohesity Research Suggests Businesses Are Open to Paying Ransoms In comparing the cybersecurity outlook for 2023 to 2022, 93 percent of respondents said they felt the threat of ransomware attacks to their industry had increased in 2023. Read on for more.

Disaster Recovery 52

Disaster Recovery Backup Cyber Resilience Financial Services 52

Reciprocity

APRIL 4, 2022

So it is for houses and buildings – and the same principle is just as true for cybersecurity. Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. DRP is the active piece of the cybersecurity puzzle, and is an imperative for every organization. What is Digital Risk Protection?

Mitigation 52

Mitigation Cybersecurity Malware Media 52

FS-ISAC

MAY 25, 2021

With cyber threats evolving and growing in sophistication, it is critical that cybersecurity become a part of our daily lives, not only the province of cybersecurity professionals. Once businesses have embedded the basics of cybersecurity understanding and tools, they can move onto their own more scalable solutions.

Cybersecurity 52

Cybersecurity Education Security Financial Services 52

FS-ISAC

MARCH 2, 2022

The rapid digitization of financial services in the last few years – both in products and operations – has led to an exponential rise in the number of incidents firms are dealing with – be they internal software bugs, third-party vendor vulnerabilities, or cyber attacks.

Financial Services 52

Financial Services Outage Marketing Communications 52

Castellan

JUNE 10, 2021

Fortunately, there have been no reports of a successful cyber attack on these large cloud services providers (CSPs), but we shouldn’t sit back and feel secure. Critical Systems and Applications. So where do you begin? How can you include cyber threats in your business continuity planning and strategies? Need help?

Resilience 52

Resilience Healthcare Cybersecurity Impact Analysis 52

Fusion Risk Management

DECEMBER 4, 2023

These industry leaders agreed that it’s critical to bring together various risk disciplines including cybersecurity, third-party risk , and business continuity to effectively leverage data as an asset in these important conversations and provide a holistic picture of the organization’s resilience posture.

Business Continuity 52

Business Continuity Resilience Risk Management Financial Services 52

Security Industry Association

JANUARY 10, 2023

billion in newly directed funding for DOE’s Science Office to help implement the CHIPS and Science Act $200 million for Cybersecurity, Energy Security, and Emergency Response to strengthen the resilience and security of the energy sector and reduce the risks of impacts from cybersecurity incursions – a $14 million increase above fiscal year 2022.

Security 59

Security Transportation Government Cybersecurity 59

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. ” Eric Scwake, Director of CyberSecurity Strategy at Salt Security “Data Privacy Weeks allows organizations of all sizes to reflect on their critical data and assess ways to ensure its safety and security.

Authentication 142

Authentication Cybersecurity Security Government 142

Reciprocity

AUGUST 24, 2022

As you bring new vendors into your organization’s orbit, you will need assurance that those third parties continuously comply with the cybersecurity controls outlined in the service level agreements you’ve established. Cybersecurity. Begin by determining your organization’s tolerance for cybersecurity risk.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

APRIL 4, 2022

Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. Information security and cybersecurity risks often bubble to the top in a world connected with technology, uut you would be remiss if you only focused on technology-related risks. Quality risk. What is the Risk Assessment Process?

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Reciprocity

SEPTEMBER 30, 2022

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.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Solutions Review

SEPTEMBER 27, 2021

Description: Apptega is a cybersecurity and compliance management platform that makes it easy for users to access, build, manage, and report their cybersecurity and compliance programs. Note: Software is listed in alphabetical order. The Best Governance, Risk, and Compliance Software. Platform: Apptega.

Government 92

Government Audit Risk Management Hospitality 92

Fusion Risk Management

SEPTEMBER 12, 2022

Yes, there are some aspects of technology and data protection that fall within the parameters of privacy and cybersecurity laws. There are even emerging regulatory requirements on the horizon such as the Digital Operational Resilience Act (DORA) that will extend regulatory reach to some technology and data service providers.

Resilience 52

Resilience Insurance Insurance Audit 52

Reciprocity

MARCH 24, 2022

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. Cybersecurity. Cybersecurity risk is one of the biggest concerns with third parties.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

FS-ISAC

MAY 25, 2021

Other aspects that corroborate the criticality of the situation involve the limited investment in cybersecurity technology and the deficit of talent in cybersecurity. This would result in greater investments in cybersecurity and an adequate prioritization of mechanisms for responding to threats. However, we are working on it.

Cybersecurity 52

Cybersecurity Malware Risk Management Security 52