Banking - Continuity Professionals Pulse

Risky Business at Silicon Valley Bank: What Happened?

DRI Drive

MARCH 16, 2023

As federal regulators take over Silicon Valley Bank in the wake of its collapse, many finance sector resilience professionals are looking at its risk management strategies to figure out what went wrong. When the SVB collapse was announced on Mar.

Banking

Banking Risk Management Resilience Management

How Banks Can Prepare for the FDIC’s Proposed Standards

LogisManager

OCTOBER 19, 2023

In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure.

Banking

Banking Corporate Governance Audit Risk Management

Guest Post: Digital Technology Is Transforming Banks

Security Industry Association

DECEMBER 29, 2023

Within the financial and banking sectors, digital transformation has become synonymous with the increasing shift toward mobile and online banking, as well as the widespread adoption of cloud-based services to enhance customer engagement and streamline internal operations.

Banking

Banking Technology Financial Services Marketing

Financial Panic in the Age of Digital Banking Social Media

The Rand Blog

MARCH 14, 2023

Bank runs as a source of systemic risk are nothing new. To manage systemic risks in the age of social media, regulators may need to anticipate where the crisis will go and build in automatic brakes to slow them down. There likely won't be time to react at the speed of negotiation between regulators and bankers.

Banking

Banking Media Management

How Banks Benefit from the New Digital Operational Resilience Act

Pure Storage

JUNE 6, 2023

How Banks Benefit from the New Digital Operational Resilience Act by Pure Storage Blog We’ve all seen how ransomware can bring businesses, local governments, and other organizations to their knees. DORA closes a critical gap in data management for banks. Banks (and other companies) built walls to protect their IT.

Banking

Banking Resilience Financial Services Architecture

The role of IT architecture in a transformed banking experience

Citrix

DECEMBER 1, 2022

The banking industry has seen unrivaled transformation over the last decade — from significant regulatory reform to the establishment of multiple digital banks changing the game for incumbent high street players.

Banking

Banking Architecture Financial Services Insurance

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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. ” You can outsource the activity to the vendor but not the risk.

Banking

Banking Risk Management Management Corporate Governance

Event Spotlight: DRI’s One-Day Conference at NYU

DRI Drive

NOVEMBER 2, 2023

By Diego Robledo, CGA Graduate Vice President of ESG, Santander Corporate and Investment Banking The swift advancement of emerging technologies is paralleled by a proportional rise in their vulnerabilities.

Cyber Resilience

Cyber Resilience Banking Vulnerability Government

What Is Reputational Risk For Banks?

LogisManager

FEBRUARY 10, 2022

What Is Reputational Risk For Banks. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks. What is Reputational Risk Management in Banks? Risk management is an essential piece of any bank’s operations.

Banking

Banking Risk Management Strategic Evaluation

How banks can build better customer relationships with digital technology

Citrix

OCTOBER 13, 2022

Some may say … The post How banks can build better customer relationships with digital technology first appeared on Citrix Blogs. The Beatles sang, “…I don’t care too much for money … Money can’t buy me love.” Ask most of us, though, and we might have a different viewpoint.

Banking

Banking Technology Security

Is the UK Putting COVID-19 in the Rear View Too Early?

DRI Drive

MAY 25, 2022

The Bank of England’s 2022 H1 Systemic Risk Survey asked the UK financial sector how confident they are in the financial system and which risks […]. A recent survey of the United Kingdom’s financial sector sees pandemic response dropping in its risk ranking – are they ignoring indicators that we’re not done with the pandemic yet?

Banking

Banking Pandemic

How banks can meet expectations for the evolving future of work

Citrix

DECEMBER 7, 2022

government lifted its work-from-home guidance, large banks and insurers were among the first to announce plans to return to the office. HSBC and Standard Chartered both asked staff to come back within days of the guidance being … The post How banks can meet expectations for the evolving future of work first appeared on Citrix Blogs.

Banking

Banking Insurance Insurance Government

Banking Mini-Crisis

Disaster Zone

MARCH 14, 2023

No bones about it — they are worried.

Banking

TSB Bank IT failure: Déjà vu all over again

Crisis Response Journal

MAY 15, 2018

TSB bank in the UK has been experiencing severe computer issues, with customers unable to log into their online accounts or use the bank’s app and struggling to log in or make online payments. David Rubens looks at the issue from an organisational resilie By David Rubens

Banking

Banking Resilience

What We Can Learn from the Silicon Valley Bank Failure and Leadership in Risk Management

Business Resilience Decoded

JUNE 22, 2023

Episode 154: What We Can Learn from the Silicon Valley Bank Failure and Leadership in Risk Management The Silicon Valley Bank failure sent a strong ripple effect through the financials of several prominent companies, and instilled some fear that other banks might fail as well.

Banking

Banking Risk Management Disaster Recovery Management

Ransomware Sees Further Decline, Banking Trojan Use Steps Up

Behavior Group

FEBRUARY 18, 2019

ransomware, banking trojans, malicious t’s Q4 threat report found that banking trojans accounted for 56% of all malicious payloads in email in Q4, while remote access trojans (RATs) accounted for 8.4%. The post Ransomware Sees Further Decline, Banking Trojan Use Steps Up appeared first on Behaviour Portugal.

Banking

Banking Risk Management Security Management

Top banks in cyber-attack ‘war game’

Behavior Group

NOVEMBER 13, 2018

The Bank of England is testing the UK’s ability to withstand a major cyber-attack on financial institutions. Cyber-attack Some 40 firms, including leading banks, are taking part in a one-day “war-gaming” exercise designed to assess their resilience. It wants to… Continue reading.

Banking

Banking Resilience Business Continuity Security

Opioids in America, Silicon Valley Bank, Semiconductors: RAND Weekly Recap

The Rand Blog

MARCH 17, 2023

This weekly recap focuses on addressing America's illicit opioids problem, Silicon Valley Bank’s demise, Taiwan’s semiconductor dominance, and more.

Banking

What Is Business Continuity’s Role in a Bank-Run Crisis?

Disaster Zone

MARCH 30, 2023

We might have a role?

Banking

Text Message Phishing Scams Hit Fort Lauderdale Businesses

LAN Infotech

NOVEMBER 10, 2022

Bank sends a persuasive message trying to manipulate the phone user. Another Fort Lauderdale business was almost scammed by a text message they received from Citizens Bank. Fortunately, the business owner remembered they didn’t have an account with this bank and quickly deleted the message and blocked the number.

Banking

Banking Healthcare Internet Technology

America's Dangerous Short War Fixation

The Rand Blog

MARCH 31, 2023

And the United States' adversaries bank on Washington's strategic impatience. Americans have long been fixated on the idea of the short, decisive war. If the United States' objective is to win, the only thing worse than fighting a long war may be thinking it's possible to avoid one.

Banking

Banking Strategic

EP09: Adopting Adaptive Business Continuity | José M. Garay

The Failover Plan Podcast

AUGUST 24, 2020

Jose has been leading BC programs at Peruvian companies within the pension funds, insurance and banking industries. . He has been leading BC programs at important Peruvian companies, such as Prima AFP (pension funds), Rimac Seguros (insurance company) and Interbank (bank). Links: Jose Garay- LinkedIn.

Business Continuity

Business Continuity Banking Insurance Insurance

Customer Value Story: Streamlining Audit Management

LogisManager

OCTOBER 16, 2023

Customer Value Story: Streamlining Audit Management Last Updated: October 16, 2023 A LogicManager customer in the banking industry, despite a small auditing team, faced challenges managing audit tasks efficiently using spreadsheets. Improve the efficiency and effectiveness of your audit management program.

Audit

Audit Management Banking Strategic

Customer Value Story: Streamlining Audit Management

LogisManager

OCTOBER 16, 2023

Customer Value Story: Streamlining Audit Management Last Updated: October 16, 2023 A LogicManager customer in the banking industry, despite a small auditing team, faced challenges managing audit tasks efficiently using spreadsheets. Improve the efficiency and effectiveness of your audit management program.

Audit

Audit Management Banking Strategic

Jayaraj Puthanveedu: Protecting Customer Trust in a World Full of Fraud

FS-ISAC

OCTOBER 24, 2023

It’s challenging to keep customer’s data and money safe, while ensuring they have access to banking services when they need it. Considerations When a Customer Becomes a Victim of Fraud Even if a bank does everything right, a customer who is defrauded may lose trust.

Banking

Banking Activation Communications Application

How to prevent identity theft: Tips for a safer online presence

Online Computers

NOVEMBER 30, 2023

To help prevent identity theft, follow these strategies: Create strong and unique passwords Passwords are typically used to protect email, banking, and social media accounts. Be cautious about sharing sensitive information online, such as your bank account and Social Security number.

Banking

Banking Malware Alert Internet

Kristopher Fador: Solving the Great Cybersecurity Talent Shortage

FS-ISAC

JUNE 13, 2023

Kristopher Fador, CISO at Bank of America details where the greatest concentration of the shortage is, how to build a good cybersecurity talent pipeline for financial firms of all sizes, and how he views retention and attrition. Episode Notes The scope of the great cybersecurity talent shortage is real.

Cybersecurity

Cybersecurity Banking

What is the Three Lines of Defense Approach to Risk Management?

LogisManager

OCTOBER 31, 2023

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. Last Updated: October 31, 2023 Recently, the FDIC unveiled new standards for financial institutions with over $10 billion in assets.

Risk Management

Risk Management Audit Management Banking

Money at Risk: Finance & Data Security in the Digital Age

NexusTek

APRIL 19, 2023

Getting a sense that their bank, lender, or investment firm has weak security can drive customers to close their accounts and switch to a competitor. Customers increasingly demand access to their financial information through online and mobile platforms, with 61% of customers currently using some form of online banking each week 7.

Financial Services

Financial Services Security Banking Cybersecurity

Critical security update now available for Citrix ADC, Citrix Gateway

Citrix

DECEMBER 13, 2022

Related Stories How banks can meet expectations for the evolving future of work Digitizing hospitals to become hubs of innovation Das Erlebnis E-Fahrzeug: Eine auf Nachhaltigkeit ausgerichtete digitale Transformation. Today we released builds to fix CVE-2022-27518, which affects the following Citrix ADC and Citrix Gateway versions: 12.1

Security

Security Hospitality Banking

5 Key Takeaways from the EU’s Digital Operational Resilience Act (DORA)

Pure Storage

JANUARY 11, 2024

The UK Takes the Lead in Enforcement While the first OR directives were issued by the EU several months ahead of the UK, the latter has taken the lead when it comes to enforcement, issuing a nearly $60 million fine related to a resiliency incident at a UK bank in late 2022.

Resilience

Resilience Financial Services Banking Cybersecurity

IMPACT 2023 – Conducting Enterprise Risk Management with the Three Lines of Defense

LogisManager

MAY 11, 2023

IMPACT 2023 Conducting Enterprise Risk Management with the Three Lines of Defense Duration: 38 Minutes Presenter: Patrick Edwards, Enterprise Risk Officer, Centennial Bank In this session, Patrick Edwards from Centennial Bank shares his experience in conducting enterprise risk management with the Three Lines of Defense.

Risk Management

Risk Management Banking Management

IMPACT 2023 Risk Management in the News – Emerging Trends

LogisManager

MAY 16, 2023

In this panel discussion, Mitch Wilson, Manager of Customer Advocacy at LogicManager, Echo Payton-Brown, SVP of Enterprise Risk Management at WaFd Bank, and Steven Minksy, CEO of LogicManager, discuss the emerging trends in risk management and the impact of recent news headlines.

Risk Management

Risk Management Management Banking Marketing

The Multiple Factors Leading to the Collapse of Silicon Valley Bank

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

Banking Impact Analysis Risk Management Marketing

IMPACT 2023 – Supplier Diversity: The Next Level of Third Party Risk Management

LogisManager

MAY 16, 2023

IMPACT 2023 Supplier Diversity: The Next Level of Third Party Risk Management Duration: 33 Minutes Presenter: Bryan Phillips , Federal Home Loan Bank of Indianapolis In this session, Bryan Phillips from Federal Home Loan Bank of Indianapolis presents on Supplier Diversity: the Next Level of Third Party Risk Management.

Risk Management

Risk Management Banking Management Mitigation

IMPACT 2023 – Supplier Diversity: The Next Level of Third Party Risk Management

LogisManager

MAY 16, 2023

IMPACT 2023 Supplier Diversity: The Next Level of Third Party Risk Management Duration: 33 Minutes Presenter: Bryan Phillips , Federal Home Loan Bank of Indianapolis In this session, Bryan Phillips from Federal Home Loan Bank of Indianapolis presents on Supplier Diversity: the Next Level of Third Party Risk Management.

Risk Management

Risk Management Banking Management Mitigation

IMPACT 2023 Risk Management in the News – Emerging Trends

LogisManager

MAY 16, 2023

In this panel discussion, Mitch Wilson, Manager of Customer Advocacy at LogicManager, Echo Payton-Brown, SVP of Enterprise Risk Management at WaFd Bank, and Steven Minksy, CEO of LogicManager, discuss the emerging trends in risk management and the impact of recent news headlines.

Risk Management

Risk Management Management Banking Marketing

IMPACT 2023 – Developing an Integrated Approach to Risk Management: Best Practices and Successes

LogisManager

MAY 11, 2023

Echo covers her story of starting out as a one-person risk management department to building out the robust department she oversees today, and speaks to how she leveraged LogicManager to demonstrate the importance of supporting risk management resources to her board of directors.

Risk Management

Risk Management Banking Management

Open Policy Agent support for Kubernetes using Citrix Ingress Controller

Citrix

NOVEMBER 1, 2022

Related Stories Introducing the NetScaler Community: A learning resource for all How banks can build better customer relationships with digital technology AWS環境でのNetScalerを考える

Banking

Banking Technology

Engineer a secure future in Industry 4.0

Citrix

OCTOBER 19, 2022

Related Stories How banks can build better customer relationships with digital technology Remote Access Without VPN: Is It Secure? Another is the ever-increasing risk of a cyberattack. In this blog post, we look at what makes the industry … The post Engineer a secure future in Industry 4.0 first appeared on Citrix Blogs.

Security

Security Banking Manufacturing Technology

From Back Office to Branch: How financial services can reimagine their IT

Citrix

NOVEMBER 22, 2022

Related Stories How insurers can attract and retain the right talent How channel partners are architecting a seamless zero trust framework How banks can build better customer relationships with digital technology.

Financial Services

Financial Services Banking Insurance Insurance

Get quick access to Citrix Workspace from the Mac menu bar

Citrix

OCTOBER 17, 2022

Related Stories Manage Citrix Workspace app for your users with just one click How banks can build better customer relationships with digital technology Announcing the Citrix HDX Plus for Windows 365 public preview.

Banking

Banking Technology Management

Digitizing hospitals to become hubs of innovation

Citrix

DECEMBER 6, 2022

Related Stories The role of IT architecture in a transformed banking experience From Back Office to Branch: How financial services can reimagine their IT Why material manufacturing processes need cloud agility.

Hospitality

Hospitality Healthcare Financial Services Banking

Worried about the latest OpenSSL vulnerability? NetScaler can help.

Citrix

NOVEMBER 7, 2022

Related Stories How banks can build better customer relationships with digital technology Open Policy Agent support for Kubernetes using Citrix Ingress Controller Citrix Cloud Connectors: How they work and how to get the most from them. OpenSSL has released a blog post that provides more detail, and OpenSSL versions 3.0.0 through 3.0.6

Vulnerability

Vulnerability Banking Technology Security

Risky Business at Silicon Valley Bank: What Happened?

How Banks Can Prepare for the FDIC’s Proposed Standards

Trending Sources

Guest Post: Digital Technology Is Transforming Banks

Financial Panic in the Age of Digital Banking Social Media

How Banks Benefit from the New Digital Operational Resilience Act

The role of IT architecture in a transformed banking experience

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

Event Spotlight: DRI’s One-Day Conference at NYU

What Is Reputational Risk For Banks?

How banks can build better customer relationships with digital technology

Is the UK Putting COVID-19 in the Rear View Too Early?

How banks can meet expectations for the evolving future of work

Banking Mini-Crisis

TSB Bank IT failure: Déjà vu all over again

What We Can Learn from the Silicon Valley Bank Failure and Leadership in Risk Management

Ransomware Sees Further Decline, Banking Trojan Use Steps Up

Top banks in cyber-attack ‘war game’

Opioids in America, Silicon Valley Bank, Semiconductors: RAND Weekly Recap

What Is Business Continuity’s Role in a Bank-Run Crisis?

Text Message Phishing Scams Hit Fort Lauderdale Businesses

America's Dangerous Short War Fixation

EP09: Adopting Adaptive Business Continuity | José M. Garay

Customer Value Story: Streamlining Audit Management

Customer Value Story: Streamlining Audit Management

Jayaraj Puthanveedu: Protecting Customer Trust in a World Full of Fraud

How to prevent identity theft: Tips for a safer online presence

Kristopher Fador: Solving the Great Cybersecurity Talent Shortage

What is the Three Lines of Defense Approach to Risk Management?

Money at Risk: Finance & Data Security in the Digital Age

Critical security update now available for Citrix ADC, Citrix Gateway

5 Key Takeaways from the EU’s Digital Operational Resilience Act (DORA)

IMPACT 2023 – Conducting Enterprise Risk Management with the Three Lines of Defense

IMPACT 2023 Risk Management in the News – Emerging Trends

The Multiple Factors Leading to the Collapse of Silicon Valley Bank

IMPACT 2023 – Supplier Diversity: The Next Level of Third Party Risk Management

IMPACT 2023 – Supplier Diversity: The Next Level of Third Party Risk Management

IMPACT 2023 Risk Management in the News – Emerging Trends

IMPACT 2023 – Developing an Integrated Approach to Risk Management: Best Practices and Successes

Open Policy Agent support for Kubernetes using Citrix Ingress Controller

Engineer a secure future in Industry 4.0

From Back Office to Branch: How financial services can reimagine their IT

Get quick access to Citrix Workspace from the Mac menu bar

Digitizing hospitals to become hubs of innovation

Worried about the latest OpenSSL vulnerability? NetScaler can help.

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