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The Most Overlooked Security Issues Facing the Financial Services

Solutions Review

When it comes to the financial services industry, data is even more important and valuable than in other industries. Security & the Financial Sector All Eyes On Storage And Backup It’s no secret that modern security is focused on data, particularly in the financial services industry.

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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.

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Phil Venables: AI in Cybersecurity - Threats, Toil, and Talent

FS-ISAC

Key Use Cases of AI in Cybersecurity There are 3 areas – Threats, Toil and Talent. Threats: Google is using LLMs, AI and GenAI to analyze, monitor and manage threats, like analyzing new malware discovered via Google’s VirusTotal service and using Sec-PaLM 2 LLM to decode and provide threat advice.

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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.

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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.

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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?

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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.