Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Factor analysis of information risk (FAIR) provides a common risk mitigation vocabulary to help you to address security practice weaknesses.

Risk Management 52

Risk Management Management Mitigation Strategic 52

FS-ISAC

MARCH 5, 2024

Notes from our Discussion with Beate Quantifying Risk The possibility of accurately and precisely quantifying risk is a matter of some debate among CISOs. In one sense, such metrics are available, insofar as they apply to the link between cyber risks and financial services organizations’ capital reserves.

Financial Services 72

Financial Services Risk Management Cybersecurity Strategic 72

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. Colonial Pipeline Hack: Introduction.

Risk Management 64

Risk Management Management Authentication Hospitality 64

The Failover Plan Podcast

DECEMBER 14, 2020

Today on the podcast, we’re talking with James MacDonnell - Director, Crisis Management and Business Continuity at BDO USA. He has designed enterprise risk management, business continuity and crisis management programs involving diverse stakeholders in support of commercial, national security and military clients.

Business Continuity 130

Business Continuity Crisis Management Hospitality Risk Management 130

Pure Storage

JUNE 6, 2023

In 2022, European countries were some of the most targeted by ransomware and security has been high on the agenda for both governments and businesses. DORA explicitly refers to information technology risks and creates rules for risk management, incident reporting, operational resilience testing, and third-party risk monitoring.

Banking 97

Banking Resilience Financial Services Architecture 97

Pure Storage

MAY 13, 2024

The Third-party Vector Risk From the hackers’ perspective, it’s easy to see the appeal of reaching targets indirectly through vendors and cloud providers. Cybercriminals know that big attractive targets like major financial services and healthcare organizations will have robust defenses around their own assets.

Audit 52

Audit Banking Benchmark Application 52

The Failover Plan Podcast

NOVEMBER 16, 2020

He is currently the Global Director of Business Continuity at Brink’s, Incorporated, the worldwide leader in cash management solutions and secure logistics. . James Green is the Director of Risk Advisory Services at SAI Global.

Logistics 130

Logistics Outsourcing Authorization Business Continuity 130

Risk Management Monitor

MARCH 4, 2022

Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly. Evaluate and if possible, test your business continuity plans. Check it out here: [link]. Check it out here: [link].

Management 56

Management Malware Cybersecurity Insurance 56

FS-ISAC

JULY 1, 2021

In 2021, the digitization of financial services that was hastened by the pandemic is past the point of no return. This radical and rapid expansion of the financial sector’s attack surface has meant that cybersecurity is increasingly front and center, not only of risk management but also of competitive considerations.

Banking 52

Banking Financial Services Cybersecurity Risk Management 52

Fusion Risk Management

DECEMBER 4, 2023

In an era of constant change, the risks and threats to global organizations never sleep. Today’s practitioners recognize that they need dynamic risk management , operational resilience, and business continuity (BC) programs – and they need to be agile in implementing them.

Business Continuity 52

Business Continuity Resilience Risk Management Financial Services 52

Advancing Analytics

AUGUST 26, 2021

A report by Citigroup , showed that after the technology sector, the financial services industry is the biggest spender on AI services and is experiencing exponential growth. Therefore, keeping on top of fraud is critical to a financial institution's existence. Risk Management. Hyper-personalisation.

Financial Services 52

Financial Services Banking Insurance Insurance 52

FS-ISAC

NOVEMBER 8, 2021

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.

Cybersecurity 75

Cybersecurity Financial Services Risk Management Benchmark 75

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Or, as so well articulated by the great British writer C.

Resilience 52

Resilience Insurance Insurance Audit 52

Solutions Review

SEPTEMBER 27, 2021

AuditBoard also streamlines audit, risk, and compliance programs with an enterprise workflow engine purpose-built to automate interaction across those three lines. Enablon also allows users to establish, manage, and track Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) to better meet objectives. Navex Global.

Government 92

Government Audit Risk Management Hospitality 92

LogisManager

FEBRUARY 10, 2022

That’s why it’s more important than ever to ensure you’re taking the right steps to use it to your advantage, which all starts with strong risk management. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks.

Banking 52

Banking Risk Management Strategic Evaluation 52

Solutions Review

JULY 28, 2023

Commvault Extends Partnership with AWS for Workload Migration Participation in these programs expands Commvault’s relationship with Amazon to bring joint customers seamless access to industry-leading data protection that is purpose-built to secure, defend, and recover their data across cloud and hybrid environments. Read on for more.

Disaster Recovery 52

Disaster Recovery Backup Cyber Resilience Financial Services 52

Fusion Risk Management

DECEMBER 21, 2022

The term “ ESG ” is everywhere – it’s short for Environment, Social, and Governance programs and refers to how organizations can make an impact on society by addressing risks that are specific to ESG. The post The Risks that Manufacturing Firms are Facing and the Impact that Follows appeared first on Fusion Risk Management.

Manufacturing 102

Manufacturing Cyber Resilience Resilience Pandemic 102

Business Resilience Decoded

APRIL 14, 2022

Episode 101: How to Make Your Supply Chain Resilient This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. In this episode, Kate Needham-Bennett of Fusion Risk Management is sharing her expertise on how to make your supply chains more resilient to alleviate and prevent disruptions.

Resilience 36

Resilience Disaster Recovery Crisis Management Risk Management 36

Business Resilience Decoded

APRIL 14, 2022

Episode 101: How to Make Your Supply Chain Resilient This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. In this episode, Kate Needham-Bennett of Fusion Risk Management is sharing her expertise on how to make your supply chains more resilient to alleviate and prevent disruptions.

Resilience 36

Resilience Disaster Recovery Crisis Management Risk Management 36

Business Resilience Decoded

APRIL 14, 2022

Episode 101: How to Make Your Supply Chain Resilient This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. In this episode, Kate Needham-Bennett of Fusion Risk Management is sharing her expertise on how to make your supply chains more resilient to alleviate and prevent disruptions.

Resilience 36

Resilience Disaster Recovery Crisis Management Risk Management 36

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks? Compliance.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

APRIL 4, 2022

No lock has ever been invented that was completely secure; if an intruder is determined to get in, he or she can usually find a way. Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. Third-Party Risk.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Fusion Risk Management

AUGUST 18, 2022

The DORA seeks to harmonize existing frameworks on digital operational resilience for financial entities in the European Union and is part of a larger digital finance package. The DORA is landmark legislation that is the first of its kind that focuses on how regulated entities manage their ICT risk. Enforcement of the DORA.

Resilience 52

Resilience Authorization Gap Analysis Risk Management 52

LogisManager

MARCH 17, 2023

My pattern matching allows me to connect the impact of recent events to form the likelihood of future outcomes, which are foundational elements for Enterprise Risk Management. It is a form of behavior that seeks to cause fear, intimidation, and harm to an individual, and it violates their dignity, safety, security, and autonomy.

Authentication 52

Authentication Risk Management Financial Services Media 52

FS-ISAC

SEPTEMBER 8, 2021

Much has been said about the security of blockchain technology, the public ledgers that track cryptocurrency transactions. Blockchains are permanent and immutable, providing a compelling use case for financial services as a means to upgrade their cybersecurity practices. The cryptocurrency pipe dream is now a reality.

Banking 52

Banking Cybersecurity Internet Marketing 52

Fusion Risk Management

MAY 12, 2022

At Marcus Evans’s Operational Resilience In The Financial Sector conference, a session was held that was led by Vicki Gavin of Kaplan International with panel members Rich Cooper of Fusion Risk Management and Stella Nunn of PwC, taking the discussion forward. Pinpointing the Moment of Impact. Becoming Omniscient.

Failover 52

Failover Resilience Crisis Management Mitigation 52

Pure Storage

MAY 25, 2022

Financial services firms are rapidly adopting public cloud services because they recognize the potential for greater flexibility, scalability, cost management, and security than their existing solutions can offer. It’s also particularly well suited to financial services. What Is Bare Metal?

Financial Services 52

Financial Services Marketing Application Pandemic 52

Castellan

OCTOBER 18, 2021

Risk analysis and continuous risk management will also play important roles, as well as prioritizing risk management and risk response. Resilience. Continuity. If you were asked to define these words, what do they mean to you? Has the coronavirus pandemic altered the way you approach these for business?

Business Continuity 52

Business Continuity Resilience Financial Services Pandemic 52

Security Industry Association

MARCH 9, 2023

At the beginning of 2023, the Security Industry Association (SIA) Proptech Advisory Board released a report in partnership with CREtech called SIA Proptech Report: Inside the Real Estate Trends Impacting the Security Solutions Market. What are the market barriers and drivers for security solutions as part of proptech investment?

Marketing 111

Marketing Security Technology Risk Management 111

FS-ISAC

MAY 25, 2021

As part of our Latin America focus for this edition of FS-ISAC Insights, we spoke with Homero Valiatti, Superintendent of Information Security at Itaú, Brazil's largest bank and the largest financial institution in the southern hemisphere. This article is also available in Portuguese and Spanish.

Cybersecurity 52

Cybersecurity Malware Risk Management Security 52

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. The larger your organization grows, the more regulations and compliance burdens you encounter. What Is the Purpose of a Corporate Compliance Program?

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

DECEMBER 27, 2022

GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. The three pillars of a GRC program are governance, risk management, and compliance. Risk Management. Automate Vendor Risk Management. Governance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? Notes on Vendor Access et.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52