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The Most Overlooked Security Issues Facing the Financial Services

Solutions Review

When it comes to the financial services industry, data is even more important and valuable than in other industries. Security & the Financial Sector All Eyes On Storage And Backup It’s no secret that modern security is focused on data, particularly in the financial services industry.

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Optimize GenAI Applications with Retrieval-augmented Generation from Pure Storage and NVIDIA

Pure Storage

Optimize GenAI Applications with Retrieval-augmented Generation from Pure Storage and NVIDIA by Pure Storage Blog Generative AI (GenAI) is one of the fastest-adopted technologies in history. Consider the highly regulated financial services sector where credibility, accuracy, and timeliness are crucial.

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From Reactive to Proactive: Challenges, Trends, and Perspectives from Top Financial Services Firms

Fusion Risk Management

In Fusion’s latest roundtable, executives from top financial services firms came together to discuss and share their experiences on their resilience journey. Let’s say there is a malicious attack – how can risk and resilience professionals, across an integrated environment, plan for data recovery and mitigate impacts?

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How to Create a Ransomware Recovery Plan

Pure Storage

Beyond the ransom payment itself, which can be substantial, businesses suffer losses due to operational downtime, potential financial penalties, and bad publicity resulting from data breaches. Establish a dedicated incident response team in advance that can help to identify, mitigate, and resolve ransomware attacks when they occur.

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Cyber Incident Response Plans – Turning Words into Action

Bernstein Crisis Management

Yet surprisingly few have meaningful and up-to-date incident response plans (IRPs) in place to manage and mitigate this threat. Such plans, if properly designed and updated, can spell the difference between strong mitigation and recovery from an incident and prolonged, crisis-driven recovery or no recovery at all.

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Phil Venables: AI in Cybersecurity - Threats, Toil, and Talent

FS-ISAC

AI Risks for Financial Services Organizations AI as a democratizer of talent and a tool for enhancing people’s skills can also extend the capabilities of threat actors. SLSA is an open-source framework, and now FINOS (Fintech Open Source Foundation) is looking at how that plays into financial services projects.

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Strategies for Digital Risk Protection

Reciprocity

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. Digital risk protection is a cyber risk management strategy consisting of two main components: Identifying risks and threats, and then mitigating them. Mitigation. How do you know which mitigation measures to implement? Identification.