LogisManager
MAY 9, 2023
Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008.
NexusTek
APRIL 19, 2023
Chief among these is the unarguable fact that financial services organizations are consistently a top target for cyber threat actors, a reality that exists in tension with the #1 criterion customers use to evaluate financial institutions: security 1. Privacy and security are top concerns for digital banking consumers. 2021, June 22).
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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.
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. Dr. Ahuja is a renowned name in the field of security and networking.
Castellan
MAY 26, 2022
The Financial Conduct Authority (FCA) , the Bank of England (BoE) , and the Prudential Regulation Authority (PRA) announced these new requirements a year ago to improve the operational resilience of financial services in the UK. Going forward, organisations are expected to operate within those impact tolerances.
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. Let’s examine a few trends and sticking points below.
Reciprocity
MARCH 24, 2022
For example, all activities related to financial record-keeping, authorization, reconciliations, and reviews should be divided among different employees. For instance, all sales receipts and bank account deposit preparations should be documented. Internal auditors can also search for fraud and mitigate potential damages.
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