Remove Authorization Remove Banking Remove Benchmark
article thumbnail

Managing Sanctions Risk from Russia’s War on Ukraine

Risk Management Monitor

These sanctions have targeted Russia’s financial system and its international financial connections by restricting transactions between Russian banks and those in other countries, most notably through the SWIFT global financial network. Be sure to engage with regulators, enforcement agencies, banks and insurers for guidance.

Banking 58
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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Implement Threat Modeling in Your DevSecOps Process

Pure Storage

How to Implement Threat Modeling in Your DevSecOps Process by Pure Storage Blog This blog on threat modeling was co-authored by Dr. Ratinder Paul Singh Ahuja, CTO for Security and Networking, and Rajan Yadav , Director of Engineering, CNBU (Portworx), Pure Storage. Dr. Ahuja is a renowned name in the field of security and networking.

article thumbnail

Internal Controls & Fraud Prevention

Reciprocity

It serves as a benchmark to assess behaviors and hold employees accountable if they are non-compliant. For example, all activities related to financial record-keeping, authorization, reconciliations, and reviews should be divided among different employees.

Audit 52
article thumbnail

Social Engineering = Fancy Job Title for Hackers

Online Computers

With technology at the forefront of most businesses, external threats are becoming the benchmark for social engineers. Often, they will disguise themselves as an authority such as a bank, tax official or even police. External Threats. They can hack into core business processes by manipulating people through technological means.

Malware 52
article thumbnail

Looking Around the Corner: Why ESG Has Never Been More Important

LogisManager

But what if you’re a bank? If you’re curious about your own organization’s risk maturity level, I’d recommend benchmarking your program against best practices through the Risk Maturity Model (RMM). View Now About the Author: Steven Minksy. You have investors and investments to worry about.