Remove Cybersecurity Remove Financial Services Remove Insurance Remove Mitigation
article thumbnail

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

Pure Storage

5 Key Takeaways from the EU’s Digital Operational Resilience Act (DORA) by Pure Storage Blog In our recent white paper, “ Strengthening Operational Resilience in Financial Services , ” we explore how operational resilience (OR) has emerged as one of the most important issues in the financial industry.

article thumbnail

In Cybersecurity, the Agility and Speed of Small Banks is an Advantage

FS-ISAC

As a financial services cybersecurity professional who has worked on three continents for large multinational institutions, I understand the advantages and challenges for security departments at banks both large and small. This is a problem in a cybersecurity landscape defined by rapid change.

Banking 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

According to experts ranging from independent cybersecurity professionals to officials at the Cybersecurity and Infrastructure Security Agency (CISA), organizations at greatest risk right now include critical infrastructure , banks and other financial services firms, and of course key service providers in Ukraine or Russia.

article thumbnail

Strategies for Digital Risk Protection

Reciprocity

So it is for houses and buildings – and the same principle is just as true for cybersecurity. Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. DRP is the active piece of the cybersecurity puzzle, and is an imperative for every organization. What is Digital Risk Protection?

article thumbnail

TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Yes, there are some aspects of technology and data protection that fall within the parameters of privacy and cybersecurity laws. There are even emerging regulatory requirements on the horizon such as the Digital Operational Resilience Act (DORA) that will extend regulatory reach to some technology and data service providers.

article thumbnail

Risk Assessment vs Risk Analysis

Reciprocity

A risk analysis is conducted for each identified risk, and security controls are pinpointed to mitigate or avoid these threats. Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. Implement controls and risk response plans to prevent and mitigate risk. Quality risk.

article thumbnail

Tips for Managing Third-Party Risk in Health Care

Reciprocity

Such valuable data creates immense cybersecurity risks in healthcare. The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. Despite HIPAA regulations, cybersecurity attacks and data breaches targeting healthcare remain a severe and increasing threat.