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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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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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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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Important KPIs for Successful Vendor Management

Reciprocity

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.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

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.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.