Pure Storage

FEBRUARY 15, 2024

In fact, a recent analysis from Accenture found that banks are more likely to benefit from gen AI than any other industry with a potential productivity lift of 22%-30%. Credit Approval and Insurance Underwriting In today’s app-driven world, consumers expect instant or near-instant action. Another sign of the AI boom?

Financial Services 52

Financial Services Insurance Insurance Banking 52

Pure Storage

MAY 13, 2024

The last year has seen such attacks hit Bank of America , Home Depot, T-Mobile , Okta , and Citrix. A model for regulation could be the EU’s Digital Operational Resilience Act (DORA) , which strengthens and standardizes IT security and compliance for financial entities such as banks, insurance companies, and investment firms.

Audit 52

Audit Banking Benchmark Application 52

Castellan

MAY 26, 2022

The Financial Conduct Authority (FCA) , the Bank of England (BoE) , and the Prudential Regulation Authority (PRA) announced these new requirements a year ago to improve the operational resilience of financial services in the UK. Cause catastrophic consequences and unacceptable harm to your most vulnerable customer(s)?

Resilience 52

Resilience Financial Services Banking Business Services 52

SRM

JUNE 21, 2019

When money was held in bank vaults, criminals used ingenuity and cunning to steal cash and valuables. A recent example of this was the spyware injected into a vulnerability within WhatsApp. Ever since Charles Darwin introduced the theory of evolution in 1859 we have been aware of the continual process of change in the natural world.

Vulnerability 52

Vulnerability Banking Insurance Insurance 52

FS-ISAC

MAY 25, 2021

Banks around the world are used to quantifying financial risks such as market, credit, and liquidity risks. At Banco de Credito de Peru, the largest bank in the country, we consider all non-financial risks together, as they are interrelated and require the same governance processes. We have known how to measure them for centuries.

Banking 52

Banking Cybersecurity Mitigation 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during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. The less prepared you are when responding to an incident, the more likely you’ll be forced into paying ransom.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Online Computers

DECEMBER 21, 2023

But it can have a significant impact on your business’s bottom line in the following ways: Security risks Unsanctioned software and hardware may not meet the necessary security measures and standards of your organization, leading to vulnerabilities. Looking for comprehensive solutions to address your IT concerns but don’t know where to start?

Healthcare 52

Healthcare Malware Hazard Mitigation 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. 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. FDIC), a primary U.S. Let’s look at several examples. Who Needs to Be Involved?

Management 52

Management Audit Banking Media 52

Plan B Consulting

NOVEMBER 1, 2019

Bank account numbers Sort codes Credit card information Invoicing details 6. For example, do we hold National Insurance Numbers, do we hold credit card numbers or not? For all data you need to understand how it is protected and how vulnerable you are to a cyber breach. What is the most embarrassing bit of information you hold?

Banking 52

Banking Internet Audit Insurance 52

Plan B Consulting

NOVEMBER 1, 2019

Bank account numbers Sort codes Credit card information Invoicing details. For example, do we hold National Insurance Numbers, do we hold credit card numbers or not? For all data you need to understand how it is protected and how vulnerable you are to a cyber breach. What is the most embarrassing bit of information you hold?

Banking 52

Banking Internet Audit Insurance 52

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. Cloud backups are often more vulnerable. Our recent report found 41.5

Backup 119

Backup Disaster Recovery Application Outage 119

BMC

DECEMBER 23, 2024

While traditional industries such as banking, insurance, healthcare, and telecoms have borne the brunt of regulation in the past, todays digital age is fueling a risk in regulation that touches all entities, large or small. Improving Compliance GRC helps organizations identify areas where they are non-compliant and vulnerable.

Government 52

Government Audit Technology Outsourcing 52

BCP Builder

APRIL 20, 2020

I think that Business Continuity Certification will be made mandatory by Insurance Companies and Banks. Vulnerability is the birthplace of innovation, creativity and change (Brene’ Brown) and we are all extremely vulnerable – so let’s get creating.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

BCP Builder

APRIL 20, 2020

I think that Business Continuity Certification will be made mandatory by Insurance Companies and Banks. Vulnerability is the birthplace of innovation, creativity and change (Brene’ Brown) and we are all extremely vulnerable – so let’s get creating. Value of Preparedness.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

Plan B Consulting

MAY 10, 2023

By Monday, some savers at Phoenix Life, a closed life insurance business, were unable to withdraw their funds, because part of the company’s systems had been provided by Capita[1]. As we know, for every day that you are not told your data has been compromised, it is another day when you are vulnerable and not on your guard.

Outsourcing 52

Outsourcing Media Communications Government 52

CCEM Strategies

MAY 11, 2023

The risk of flooding tends to change based on the season as it can be caused by snow melt, sudden and aggressive rain storms, rain on snow events, or debris in waterways causing overtopping of banks or sudden redirection of the waterway. Who and what areas in your community are most vulnerable to flooding?

All-Hazards 52

All-Hazards Hazard Natural Hazard Transportation 52

Pure Storage

MARCH 25, 2024

CISA is a part of the Department of Homeland Security and has responsibilities that include risk assessment, vulnerability reduction, threat detection, incident response, and the coordination of recovery efforts with other federal agencies, state and local government, and the private sector. While the U.S. link] ²“ U.S.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

Pure Storage

FEBRUARY 16, 2024

Building access systems have already been in the sightlines of hackers, and security professionals have already pointed out serious vulnerabilities in smart building control systems that hackers could exploit. Cyber insurance could get shaky. “Connected” or “smart” buildings could be new targets.

Security 128

Security Insurance Insurance Government 128

BMC

DECEMBER 23, 2024

While traditional industries such as banking, insurance, healthcare, and telecoms have borne the brunt of regulation in the past, todays digital age is fueling a risk in regulation that touches all entities, large or small. Improving Compliance GRC helps organizations identify areas where they are non-compliant and vulnerable.

Government 52

Government Audit Technology Outsourcing 52

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more.

Authentication 142

Authentication Cybersecurity Security Government 142

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more.

Healthcare 52

Healthcare Security Cybersecurity Government 52