LogisManager

AUGUST 1, 2023

Examiners will evaluate various aspects of a credit union's information security program, such as risk management, data protection, access controls, incident response, and security awareness training. LogicManager's template empowers credit unions to assess and mitigate these risks, effectively protecting customers' financial interests.

Risk Management 96

Risk Management Banking Mitigation Continual Improvement 96

LogisManager

MAY 22, 2023

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security.

Risk Management 52

Risk Management Banking Evaluation Benchmark 52

LogisManager

MAY 22, 2023

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security.

Risk Management 52

Risk Management Banking Evaluation Benchmark 52

Fusion Risk Management

MAY 19, 2022

Of note, the term “management consulting services” is broadly defined by OFAC and includes “services related to strategic advice; organizational and systems planning, evaluation and selection; marketing objectives and policies; mergers, acquisitions and organizational structure; staff augmentation and human resources policies and practices.”.

Banking 52

Banking Evaluation Consulting Publishing 52

LogisManager

OCTOBER 31, 2023

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. They are the ones who “own” the risk and are responsible for taking actions to mitigate it. This includes risk management, compliance, and internal control departments.

Risk Management 52

Risk Management Audit Management Banking 52

LogisManager

AUGUST 1, 2023

Examiners will evaluate various aspects of a credit union's information security program, such as risk management, data protection, access controls, incident response, and security awareness training. LogicManager's template empowers credit unions to assess and mitigate these risks, effectively protecting customers' financial interests.

Risk Management 52

Risk Management Banking Mitigation Continual Improvement 52

Risk Management Monitor

MARCH 4, 2022

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.

Management 56

Management Malware Cybersecurity Insurance 56

Reciprocity

AUGUST 15, 2022

In banking, for example, the FDIC, the Office of the Comptroller of the Currency (OCC), or the Consumer Financial Protection Bureau (CFPB) are stringent regulators that can impose high fines for compliance issues. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. FDIC), a primary U.S.

Management 52

Management Audit Banking Risk Management 52

LogisManager

MAY 20, 2021

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. Unauthorized users having access to corporate devices is an extremely common and preventable cause of negligence. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Pure Storage

AUGUST 3, 2023

Threat modeling is an essential tool for developers and security professionals to identify and mitigate potential security risks in software systems proactively. Building secure software is critical in today’s world, where cyberattacks are becoming increasingly common and sophisticated.

Authentication 87

Authentication Vulnerability Authorization Audit 87

Fusion Risk Management

SEPTEMBER 12, 2022

Many of our own customers have said that having a “tone at the top” from leadership is critical to get their business team’s buy-in, as no one really wants to take a time out to work on their continuity plans or risk mitigation strategy.

Resilience 52

Resilience Insurance Insurance Outsourcing 52

Solutions Review

SEPTEMBER 9, 2021

Users are able to evaluate risk based on a methodology of their choice and understand risk relationships across their business processes, controls, and third-party relationships. Users can also connect their risks to mitigating controls to show how their organization treats its threats.

Risk Management 98

Risk Management Management Audit Hospitality 98

Solutions Review

MARCH 31, 2023

Rob Price, Director, Field Security Office at Snow Software “Banking collapse, volatile economies, pandemics and cybercrime don’t change the fundamentals – data is the lifeblood of every organization and needs to be protected as such. Companies need to adhere to the law, govern data accordingly and have a recovery plan in place.

Backup 119

Backup Disaster Recovery Application Outage 119

Security Industry Association

OCTOBER 10, 2024

This approach prevents video data from leaving your facility, effectively mitigating significant cybersecurity risks. Hands-on evaluation ensures that you choose solutions that truly meet your needs and deliver on their promises. What’s something we might not know about your company – or something new you’re doing in security?

Technology 105

Technology Alert Authorization Security 105

Plan B Consulting

OCTOBER 17, 2022

The reporting to the CISA will not be a one-off reporting, as the bill sets out that supplemental reports must be provided when substantial new or different information becomes available, until the entity notifies CISA that the incident has concluded and been fully mitigated and resolved. Federal Bank Regulators.

Banking 40

Banking Publishing Cybersecurity Security 40

Reciprocity

MARCH 24, 2022

So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? Internal auditors can also search for fraud and mitigate potential damages. For instance, all sales receipts and bank account deposit preparations should be documented. Strong internal controls.

Audit 52

Audit Banking Activation Authorization 52

Solutions Review

FEBRUARY 1, 2024

Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. “With a global focus on data privacy, organizations must leverage technology to identify and mitigate risks quickly and effectively.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. “With a global focus on data privacy, organizations must leverage technology to identify and mitigate risks quickly and effectively.

Healthcare 52

Healthcare Security Cybersecurity Government 52