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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. 3) Merging taxonomies and finding common ground on continuity and risk processes. What’s keeping them up at night? How are they tackling common challenges?

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Top Takeaways from the BCI’s Operational Resilience Report 2022

Castellan

My Reaction: No matter how you define operational resilience and what you include in terms of key outcomes, this is a great finding because it highlights the innovative nature of our professional and how we strive for continual improvement. indicated, more strategic skills and thinking are needed, and as 27.5%

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What Is Reputational Risk For Banks?

LogisManager

The world is also more dependent than ever to maintain financial stability amidst rising inflation and the inherent unpredictability brought on by the pandemic. Reputational risk in banking and financial services is associated with an institution losing consumer or stakeholder trust. How protected is your system?

Banking 52
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6 Steps for Financial Firms to Turn AI into ROI

Pure Storage

Whether you’re looking to implement AI for fraud protection or better customer insights or to improve efficiency with hyperautomation, which Gartner identifies as a top strategic technology trend for 2022, the test will come in transitioning from the proof of concept to a measurable return on investment. . Lord Kelvin.

Banking 59
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Important KPIs for Successful Vendor Management

Reciprocity

When vendors cannot deliver the promised services, businesses frequently experience disruptions to their business, unable to carry out routine tasks. Vendor business decisions that conflict with your firm’s strategic goals create strategic risks. Improve your organization’s overall third-party risk management.

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BBVA: What it Takes to Secure Tomorrow

FS-ISAC

BBVA is member of several cybersecurity associations, such as the European Banking Federation, Institute of International Finance, European Financial Services Roundtable, and FS-ISAC. Google is a strategic partner in our journey towards becoming a data-driven bank, with the cloud at the core of this strategy.

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Data Privacy Week 2024: The Definitive Roundup of Expert Quotes

Solutions Review

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. million, highlighting the urgency for agencies to adopt a strategic, risk-based approach to data protection in 2024 and beyond.” In 2023, the global average cost of a data breach was $4.45