Plan B Consulting

MAY 30, 2022

I have only worked for two banks but both had ISO 22301. I am not sure how many banks in the UK have that particular standard. The business continuity management system in the bank I was working with, had been implemented by local Saudi business continuity professionals rather than consultants.

Business Continuity 52

Business Continuity Banking Tourism Audit 52

Plan B Consulting

MAY 30, 2022

I have only worked for two banks but both had ISO 22301. I am not sure how many banks in the UK have that particular standard. The business continuity management system in the bank I was working with, had been implemented by local Saudi business continuity professionals rather than consultants.

Business Continuity 52

Business Continuity Banking Tourism Audit 52

Pure Storage

FEBRUARY 21, 2024

Conduct data auditing: Thorough periodic audits of transmission, movements, and residency are an essential first step for ensuring compliance. Larger organizations are likely to have advanced tools, including intelligent storage and data fabric software that provide continuous visibility into data operations and generate audits.

Audit 52

Audit Insurance Insurance Architecture 52

Plan B Consulting

MAY 30, 2022

I have only worked for two banks but both had ISO 22301. I am not sure how many banks in the UK have that particular standard. The business continuity management system in the bank I was working with, had been implemented by local Saudi business continuity professionals rather than consultants.

Business Continuity 40

Business Continuity Banking Tourism Audit 40

Solutions Review

SEPTEMBER 8, 2023

Audit logging misconfigurations make it more difficult for the organization to detect brute force attacks and spot anomalous behavior patterns. Using the Wrong Tools There are scores of vulnerability scanners, patch management, and configuration management systems in existence. Replicated copies and snapshots may not be properly secured.

Cyber Resilience 105

Cyber Resilience Backup Resilience Vulnerability 105

Solutions Review

SEPTEMBER 9, 2021

Description: Archer IT & Security Risk Management enables users to document and report on IT risks and controls, security vulnerabilities, audit findings, regulatory obligations, and issues across their technology infrastructure. Platform: Archer IT & Security Risk Management. Fusion Risk Management. Platform: HighBond.

Risk Management 98

Risk Management Management Audit Hospitality 98

Security Industry Association

NOVEMBER 9, 2021

Like any business, a cannabis operation requires certain licenses, approvals and audits before opening the doors. While regulations and security requirements differ across states, almost all require some form of electronic alarm and surveillance system, along with audit trails, whether paper or electronic, that must be archived.

Security 96

Security Audit Retail Architecture 96

Online Computers

MARCH 23, 2022

Audit your system. If you're a brick-and-mortar retail business, it's critical that you regularly audit payment terminals, especially self-checkout counters. This prevents criminals from installing skimmers that collect sensitive consumer information like PINs or bank account details. Encrypt your data and network.

Retail 78

Retail Cybersecurity Authentication Audit 78

Solutions Review

SEPTEMBER 27, 2021

Description: AuditBoard is a cloud-based GRC offering that includes a suite of risk, audit, and compliance tools. With the platform, users can conduct internal audits, manage risks, optimize workflow efficiency, maintain SOX compliance, and manage controls. Fusion Risk Management. Platform: Fusion Framework System.

Government 92

Government Audit Risk Management Hospitality 92

Pure Storage

FEBRUARY 21, 2024

A plan to meet the regulatory requirements as well as an audit regime were required by June 2023 and a first audit must be completed by June 2024. Revised guidelines now include operational resilience and financial institutions are “on the clock” to come into compliance.

Financial Services 56

Financial Services Resilience Audit Authorization 56

Erwood Group

MARCH 30, 2023

While the Bank itself bears the bulk of the responsibility for its own demise, in this article we are going to look at the multiple factors leading to the collapse of Silicon Valley Bank. Formed in 1983, Silicon Valley Bank (SVB) was founded to provide financial services to startups, venture capitalists, and technology companies.

Banking 59

Banking Impact Analysis Risk Management Marketing 59

Fusion Risk Management

JANUARY 5, 2023

Currently, TSPs are subject to financial service providers’ requirements via contractual obligations (such as the European Banking Authority’s third-party outsourcing requirements). The DORA broadens the oversight framework to include information sharing, better audit access, and guidance on retrospective analysis. Audit Access.

Resilience 52

Resilience Financial Services Audit Outsourcing 52

Online Computers

MAY 10, 2022

A crime of opportunity happens in an instant, and that criminal can walk away with a sheet of credit card numbers or bank statements. Once an MSP has audited your network, they can find where you are most vulnerable and take the necessary measures to prevent unauthorized use of computers and wireless internet.

Cybersecurity 52

Cybersecurity Audit Banking Internet 52

Pure Storage

AUGUST 3, 2023

This can be a serious threat to audit trails and other compliance controls. Assets that are vulnerable to repudiation include logs, audit trails, and digital signatures. Conduct regular security audits and vulnerability assessments. Regularly audit and review API endpoints for potential IDOR vulnerabilities.

Authentication 57

Authentication Vulnerability Authorization Audit 57

Fusion Risk Management

SEPTEMBER 12, 2022

A bottom-up approach occurs when teams are issue spotting via speaking up about issues that they are encountering, control testing, or remediating audit findings. Contractual Obligations. Closely related to being viewed as a better partner are the many contractual obligations that can be imposed upon your organization.

Resilience 52

Resilience Insurance Insurance Audit 52

Online Computers

MARCH 30, 2022

Many managed IT services providers have experienced server experts who can help you manage and optimize your server system without breaking the bank. Servers that run on software that aren’t regularly audited and updated are prone to breakdowns, glitches, and software freezes. Hardware failure. Software issues.

Outage 52

Outage Backup Audit Banking 52

Pure Storage

OCTOBER 4, 2022

Banks and financial firms are being inundated with stories heralding the benefits of AI and its close cousins, machine learning and deep learning. In fact, McKinsey estimates that artificial intelligence can generate up to $1 trillion additional value for the global banking industry annually.¹ And those benefits are real.

Banking 56

Banking Financial Services Strategic Application 56

PagerDuty

JUNE 13, 2023

Additionally, it can positively impact the process evolution of a business’ inner workings as the world becomes increasingly more complex—and prone to bank-breaking threats. Source: [link] What’s the big deal? However, modern cyber threats—such as advanced persistent threats and zero-day exploits—can bypass traditional defenses.

Security 52

Security Authentication Architecture Mitigation 52

Plan B Consulting

JUNE 7, 2017

For example, in the public sector, Scotland Emergency Planning Units have renamed themselves as ‘Resilience’ and I have seen a number of resilience roles within the banking sector. The role of the resilience manager is one of coordination, audit and compliance.

Business Continuity 52

Business Continuity Resilience Audit Crisis Management 52

Plan B Consulting

JUNE 7, 2017

For example, in the public sector, Scotland Emergency Planning Units have renamed themselves as ‘Resilience’ and I have seen a number of resilience roles within the banking sector. The role of the resilience manager is one of coordination, audit and compliance.

Business Continuity 52

Business Continuity Resilience Audit Crisis Management 52

Plan B Consulting

NOVEMBER 1, 2019

Bank account numbers Sort codes Credit card information Invoicing details 6. What is the most embarrassing bit of information you hold? Consider information and personal comments in emails or company communication system? Do you have data which can be exploited for financial gain or used to commit fraud?

Banking 52

Banking Internet Audit Insurance 52

Plan B Consulting

NOVEMBER 1, 2019

Bank account numbers Sort codes Credit card information Invoicing details. What is the most embarrassing bit of information you hold? Consider information and personal comments in emails or company communication system? Do you have data which can be exploited for financial gain or used to commit fraud?

Banking 52

Banking Internet Audit Insurance 52

LogisManager

MAY 20, 2021

In recent years, these attacks have affected everyone from banks and hospitals to universities and municipalities; almost 2,400 organizations in the United States were victimized last year alone. Risk Assessments & User Access Reviews.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Fusion Risk Management

AUGUST 18, 2022

The DORA is an expansion of the groundbreaking operational resilience requirements first set forth by the Bank of England , FCA, and PRA. One such evolution on the horizon in the European Union (EU) is a proposed regulation called t he Digital Operational Resilience Act (DORA).

Resilience 52

Resilience Authorization Gap Analysis Risk Management 52

Reciprocity

AUGUST 15, 2022

Regular audits of the compliance program. 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. Compliance Audit. The Federal Deposit Insurance Corp.

Management 52

Management Audit Banking Risk Management 52

LogisManager

MAY 22, 2023

Execute a risk assessment and provide your Audit group with the RMM Auditor's guide to verify the program's effectiveness. 1 Silicon Valley Bank (SVB) serves as an unfortunate example of the consequences of inadequate engagement with the Board of Directors and a lack of mature risk management. We all have software vendors.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

LogisManager

MAY 22, 2023

Execute a risk assessment and provide your Audit group with the RMM Auditor's guide to verify the program's effectiveness. 1 Silicon Valley Bank (SVB) serves as an unfortunate example of the consequences of inadequate engagement with the Board of Directors and a lack of mature risk management. We all have software vendors.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

Reciprocity

MARCH 24, 2022

Internal Audits. Solid internal audit procedures limit the risk of fraud. Along with management reviews, internal audits are critical to assess existing anti-fraud controls and assure they remain effective and up-to-date. External Audits. It is a single source of truth that ensures your organization is always audit-ready.

Audit 52

Audit Banking Activation Authorization 52

LAN Infotech

OCTOBER 11, 2022

These include improvements to how user access and permissions are managed and enhancements to the auditing capabilities. The fall release will include optimizations in the application itself, such as improvements to bank reconciliation and the test report in the financial area.

Application 10

Application Audit Banking Government 10

everbridge

MAY 30, 2023

The CSRD requires companies to report on a broader range of ESG topics in much more detail than before, subject to mandatory audit, and will feed into a publicly accessible EU website. Japan’s Stewardship Code requires institutional investors to engage with companies on ESG issues and disclose their voting records.

Banking 52

Banking Government Resilience Audit 52

everbridge

AUGUST 26, 2021

In 2011, when extreme flooding crippled factories in Thailand, the country’s central bank estimated that the supply-chain disruptions lowered Thailand’s GDP growth rate by 76 percent, dropping it from the forecasted 4.1 When floods are especially severe or hit key manufacturing or shipping regions, the effects can be widespread.

Mitigation 52

Mitigation Logistics Risk Reduction Retail 52

Security Industry Association

APRIL 7, 2022

Susceptible areas such as blood banks and pharmaceutical storage also require controlled access. It is critical to protect controlled substances, as well as medical files, with electronic access-controlled cabinet locks to provide administrators with audit trails in case of a breach. Protecting Patient Privacy.

Hospitality 52

Hospitality Security Technology Alert 52

Solutions Review

MARCH 31, 2023

Also, they can reduce their attack surfaces by establishing policies, technologies and auditing that reduces their data footprint through methodologies like deduplication. It’s also important to develop a strategic risk program and make smart decisions on the type of recovery scenarios you’re most likely to face.

Backup 119

Backup Disaster Recovery Application Security 119

Advancing Analytics

APRIL 26, 2023

According to a report by the UK’s National Audit Office (NAO), fraud against the public sector alone is estimated to cost the UK government between £31 billion and £49 billion per year (National Audit Office, 2020). National Audit Office. A higher score gives greater certainty of fraudulent activity. Annual Fraud Indicator 2018.

Sports 52

Sports Activation Audit Insurance 52

Plan B Consulting

FEBRUARY 8, 2019

Cases such as the Co-op bank chairman Paul Flowers pleading guilty to possession of cocaine, crystal meth and ketamine, might have been brushed under the carpet in the past. Perhaps an exercise might be a little uncomfortable for some senior managers, but an audit or review might ensure that best practice is being followed.

Advertising 40

Advertising Media Audit Travel 40

Plan B Consulting

FEBRUARY 8, 2019

Cases such as the Co-op bank chairman Paul Flowers pleading guilty to possession of cocaine, crystal meth and ketamine, might have been brushed under the carpet in the past. Perhaps an exercise might be a little uncomfortable for some senior managers, but an audit or review might ensure that best practice is being followed.

Advertising 40

Advertising Media Audit Travel 40

Solutions Review

FEBRUARY 1, 2024

We’ve seen US states such as California passing their own privacy laws and drafting detailed regulations on cybersecurity audits, risk assessments, and automated decision making privacy by design in practice a must-do to be able to effectively respond to the demands of augmented privacy regulatory frameworks.

Healthcare 59

Healthcare Security Cybersecurity Government 59