Security Industry Association

DECEMBER 10, 2021

Here are the top things you need to know about our latest activities and offerings, upcoming events and opportunities and more. Examine key market drivers and barriers for the banking and financial security vertical, how COVID-19 has impacted the retail banking business and how to win business with banking end users.

Banking 52

Banking Transportation Marketing Manufacturing 52

Pure Storage

MARCH 25, 2024

FFIEC is an interagency body composed of the heads of the five federal banking agencies: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau. While the U.S.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

Pure Storage

AUGUST 3, 2023

How to Implement Threat Modeling in Your DevSecOps Process by Pure Storage Blog This blog on threat modeling was co-authored by Dr. Ratinder Paul Singh Ahuja, CTO for Security and Networking, and Rajan Yadav , Director of Engineering, CNBU (Portworx), Pure Storage. Regularly monitor and block suspicious activities.

Authentication 87

Authentication Vulnerability Authorization Audit 87

Plan B Consulting

DECEMBER 11, 2023

Crisis teams need to know whether they have the authority to pay or make the decision to pay, or if the decision must be passed up to the parent company, board, or government, if you are a government organisation. The decision-making and authorities around paying a ransom should be agreed and discussed in advance of any event.

Authorization 52

Authorization Backup Government Banking 52

Pure Storage

FEBRUARY 21, 2024

Operational Resilience Requirements in Asia-Pacific Examples from Singapore, Hong Kong, and Australia Across APAC, regulators have been active over the past several years in crafting and implementing new regulations for operational resilience.

Financial Services 59

Financial Services Resilience Audit Authorization 59

Fusion Risk Management

NOVEMBER 27, 2023

Having a robust TPRM program allows organizations to quickly pivot and activate predefined recovery strategies or create ad hoc recovery strategies to minimize operational impact. The panel agreed that regulators are taking a more prescriptive approach to TPRM across the globe.

Resilience 52

Resilience Risk Management Financial Services Business Continuity 52

Fusion Risk Management

JANUARY 24, 2023

and the EU operate with dedicated teams who work with the organization and local regulators to address the requirements that have been established by the Bank of England (BoE), Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and other EU-based authorities.

Resilience 52

Resilience Financial Services All-Hazards Disaster Recovery 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

Castellan

JUNE 9, 2022

Recently, David Bailey – who is the Executive Director, UK Deposit Takers Supervision, and responsible for PRA’s supervision of the UK’s banks, building societies, and credit unions – made a speech surrounding his initial observations and a few challenges organizations are facing.

Resilience 59

Resilience Marketing Banking Business Services 59

Security Industry Association

JUNE 29, 2023

Nonetheless, our preeminent distinguishing factor is the active priority of intelligence requirements (PIR) methodology that sets us apart from our competitors. Our active PIR approach governs that every newly acquired intelligence for a project or a client must contribute to the primary intelligence collection plan.

Logistics 98

Logistics Security Mitigation Travel 98

Reciprocity

AUGUST 15, 2022

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. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. FDIC), a primary U.S.

Management 52

Management Audit Banking Risk Management 52

Security Industry Association

NOVEMBER 24, 2023

banking customers who can open their bank accounts using a selfie. These biometric systems will undergo a continuous refinement, harnessing the power of AI and machine learning to boost precision and to fortify resilience against fraudulent activities.

Authentication 52

Authentication Banking Telecommunications Cybersecurity 52

Plan B Consulting

MARCH 27, 2021

In these two papers, the Bank of England and the FCA lay out how they want financial institutes to carry out a series of operational resilience activities to make the whole of the UK’s financial market more resilient, and that an incident in one organisation could have a major impact on other companies, leading to financial collapse.

Business Continuity 52

Business Continuity Resilience Banking Marketing 52

Plan B Consulting

MARCH 27, 2021

I am going to explore the definition and requirements put forward by the Bank of England’s Discussion Paper of 2018: Two key papers. In addition, the Financial Conduct Authority (FCA) Consultation paper of 2019 states: “Building operational resilience: impact tolerances for important business services and feedback to DP 18/04”.

Business Continuity 52

Business Continuity Resilience Banking Marketing 52

Advancing Analytics

APRIL 20, 2023

Prerequisites An Azure account with an active subscription.  For this walkthrough, we will be looking at a Banking dataset that is available to download here. The dataset contains information about the direct marketing campaigns conducted by a Portuguese banking institution. Create an account for free. Select Next. (

Management 52

Management Banking Authentication Marketing 52

FS-ISAC

JUNE 30, 2022

Several trade associations – including Bank Policy Institute, U.S. Singapore: Monetary Authority of Singapore (MAS) has implemented incident reporting requirements of 14 days. After that exercise, the financial sector came together to build the All-Hazards Playbook, which was then activated in January 2020 at the start of COVID-19.

Response Plan 52

Response Plan All-Hazards Cybersecurity Mitigation 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. FICO recently reported that 4 out of 5 banks in their survey had experienced an increase in fraud activities.

Financial Services 52

Financial Services Banking Insurance Insurance 52

Online Computers

OCTOBER 29, 2023

For cybercriminals, the Garden State is fertile ground for their nefarious activities. It protects your data from being altered or destroyed and makes it accessible only to authorized users when they need it. In 2022, New Jersey was hit by 375 confirmed attacks ; many more may have not been reported.

Malware 52

Malware Security Cybersecurity Vulnerability 52

Advancing Analytics

APRIL 26, 2023

This includes fraud against government departments, local authorities, and the National Health Service (NHS). For example, a rule-based system for a bank would include rules like “if the available balance is less than withdrawal amount, reject withdrawal”. In addition, the private sector also incurs significant losses due to fraud.

Sports 52

Sports Activation Audit Insurance 52

Security Industry Association

APRIL 7, 2022

Susceptible areas such as blood banks and pharmaceutical storage also require controlled access. For example, if a staff member is let go, access can be automatically revoked when an HR manager updates the individual’s employment status from “active” to “inactive.”. This way, only authorized users have access to the information.

Hospitality 52

Hospitality Security Technology Alert 52

Solutions Review

SEPTEMBER 9, 2021

Our editors selected the best risk management software based on each solution’s Authority Score; a meta-analysis of real user sentiment through the web’s most trusted business software review sites and our own proprietary five-point inclusion criteria. Platform: Onspring Enterprise Risk Management.

Risk Management 98

Risk Management Management Audit Hospitality 98

Assurance IT

MAY 27, 2021

A trade secret is an activity or practice that is unknown to external contacts and the public. Hackers can open a line of credit under one’s name and access all of their bank statements and revenue. Only share sensitive information with authorized personnel. Company Proprietary / Trade Secrets.

Banking 52

Banking Communications Authorization Security 52

Pure Storage

AUGUST 18, 2022

Honing her skills in the financial industry, she rapidly built a reputation as an expert in the field of banking software and data migration. From there, she co-launched a consulting company, specializing in end-to-end business intelligence solutions tailored to the needs of banks and credit unions. Supporting Women in Tech.

Banking 23

Banking Publishing Technology Authorization 23

Fusion Risk Management

SEPTEMBER 12, 2022

Your customer may ask you to meet a specific SLA in the event of a data breach so that they can activate their incident management processes . Your customer may be subject to third-party outsourcing requirements by their own regulators , like the European Banking Authority’s Outsourcing Requirements , and they may ask to sign an addendum

Resilience 52

Resilience Insurance Insurance Audit 52

Solutions Review

SEPTEMBER 14, 2021

This is what I call risk management 1 – risk management for external stakeholders (Board, auditors, regulators, government, credit rating agencies, insurance companies and banks). Description: Risk—and risk management—is an inescapable part of economic activity. None of these things have anything to do with proper risk management.

Risk Management 98

Risk Management Management Government Vulnerability 98

Fusion Risk Management

MAY 12, 2022

Over the past year and more, we saw financial firms implementing operational resilience programs to comply with the Bank of England, PRA, and FCA regulations. Pinpointing the Moment of Impact.

Failover 52

Failover Resilience Crisis Management Mitigation 52

LogisManager

JUNE 24, 2021

But what if you’re a bank? A company with activities shareholders will present a very different risk profile for management than one that’s traditionally focused. View Now About the Author: Steven Minksy. (donors want to see measurable outcomes on the cancer treatment innovations they’re backing).

Government 59

Government Banking Pandemic Risk Management 59

Erwood Group

JULY 12, 2022

Plan Activation. Recovery Team Activation. This should also outline the specific activities of the plan including: Detailing the departments and/or functional areas the plan covers and calling out the specific supporting processes that role up into the function. Plan Activation. Business Continuity Statement. Properties.

Continuity Planning 114

Continuity Planning Business Continuity BCP Disaster Recovery 114

Solutions Review

JANUARY 25, 2024

Embrace Access Control: Implement strong authentication and authorization protocols to ensure only authorized applications and users can access data. These activities must happen in 2024, because threat actors are in fact already targeting encrypted data, by taking a “steal and store now to decrypt later” approach.

Authentication 142

Authentication Cybersecurity Security Government 142

Solutions Review

MARCH 31, 2023

Any data that has been identified as valuable and essential to the organization should also be protected with proactive security measures such as Cyberstorage that can actively defend both primary and backup copies from theft.” However, backups fail to provide protection from data theft with no chance of recovery.

Backup 119

Backup Disaster Recovery Application Security 119

Solutions Review

FEBRUARY 1, 2024

Embrace Access Control: Implement strong authentication and authorization protocols to ensure only authorized applications and users can access data. These activities must happen in 2024, because threat actors are in fact already targeting encrypted data, by taking a “steal and store now to decrypt later” approach.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

Embrace Access Control: Implement strong authentication and authorization protocols to ensure only authorized applications and users can access data. These activities must happen in 2024, because threat actors are in fact already targeting encrypted data, by taking a “steal and store now to decrypt later” approach.

Healthcare 52

Healthcare Security Cybersecurity Government 52