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If Cyber is Material, Then Boards are Accountable

FS-ISAC

The rapid digitization in financial services as well as the new ways of working spawned by the pandemic have created new risks that either did not exist or were not material before. Second, regulators are increasingly indicating that ultimate accountability for cyber risk management rests with the board.

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Singing the Same Tune: The Case for Regulatory Harmonization

FS-ISAC

The related controls and processes for handling vulnerabilities are quite similar. FMIs such as EBA CLEARING are already subject to unified standards under the European Central Bank’s (ECB) Cyber Resilience Oversight Expectations (CROE) published in December 2018. A Pill for the Headache of Third-Party Risk Management.