Remove 2018 Remove Authorization Remove Vulnerability
article thumbnail

What Does Good Look Like in the Era of Operational Resilience?

Fusion Risk Management

A notable incident in 2018 involved a significant IT failure at UK bank TSB, prompting detailed reviews by UK regulators. The Prudential Regulation Authority (PRA), Bank of England (BoE), and Financial Conduct Authority (FCA) jointly issued stringent regulations to mitigate systemic risks and contain potential crises.

article thumbnail

Counting Costs: The Impact of a Government Shutdown on the Security Industry

Security Industry Association

Also, in contrast to the most recent government shutdown, which lasted for 35 days in December 2018 and January 2019 and was only partial, as appropriations had already been agreed to for the U.S. 30 – looming large.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Detecting and Confronting Procurement Fraud

Risk Management Monitor

For example, in 2018, a Massachusetts Bay Transportation Authority (MBTA) procurement official was indicted for receiving over $300,000 in illegal bribes and gratuities from a construction company that performed work for MBTA. Here are three ways to help your business become less vulnerable to fraudulent activity: 1.

article thumbnail

GDPR Compliance Checklist: How ZenGRC Automates Your Data Privacy Program 

Reciprocity

Since its implementation in 2018, GDPR enforcement has only intensified, with regulatory authorities increasingly willing to impose substantial penalties for violations. Data breaches frequently involve third-party access, making this a critical vulnerability.

article thumbnail

SIA New Member Profile: Shot Alert

Security Industry Association

Facility managers want to know they have done everything possible to protect every life to which they’ve been entrusted, and we believe no one should have to remain vulnerable. Patent 10,054,576 B2 in August 2018. NC : No one should have to remain vulnerable! Enter the world’s most effective active shooter response system.

Alert 75
article thumbnail

Singing the Same Tune: The Case for Regulatory Harmonization

FS-ISAC

Compliance and reporting to regulatory authorities is another area where standardization plays an important role and can unlock considerable benefits for the different stakeholders. While cybercrime has been around for decades, the 2016 cyber heist against Bangladesh Bank was a watershed moment for financial authorities around the world.

article thumbnail

Using Budget Principles to Prepare for Future Pandemics and Other Disasters

National Center for Disaster Prepardness

At the same time, we see widening inequalities in who has access to recovery resources, and disparities in vulnerability that are too often predictable by socioeconomic status, race and ethnicity. In an era of threats and vulnerabilities that are increasing in complexity we need to simplify the process. For all other bills (i.e.