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Carsten Fischer: The Need for Speed in Threat Mitigation

FS-ISAC

The Need for Speed in Threat Mitigation There used to be weeks between the announcement of a zero-day vulnerability and the next exploit. Now we have days or hours to patch the vulnerability, says Carsten Fischer, Deputy Chief Security Officer at Deutsche Bank.

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Guest Post: Digital Technology Is Transforming Banks

Security Industry Association

Within the financial and banking sectors, digital transformation has become synonymous with the increasing shift toward mobile and online banking, as well as the widespread adoption of cloud-based services to enhance customer engagement and streamline internal operations.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008.

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What a 1930s Bank Robber Can Teach Financial Institutions About Ransomware

Pure Storage

Legend has it that when Willie Sutton, a notorious bank robber from the last century, was asked why he robbed banks, he responded, “That’s where the money is.” Willie Sutton didn’t rob banks at random. Willie Sutton was remarkably successful because he always zeroed in on banks with the most readily available cash and valuables.

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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.

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Overcoming observed challenges when adopting a zero trust architecture

Citrix

Related Stories Citrix Session Recording 2212 supports lossy video codec, playback justification logging Mitigating risk from Cambium Networks cnMaestro SQL injection vulnerability How banks can meet expectations for the evolving future of work

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Best Practices for Payroll Internal Controls

Reciprocity

For these reasons, it’s critical to develop a strong payroll process, identify any risks, and implement robust control activities to mitigate those risks. This lax security leaves the organization vulnerable to data breaches, fraud, and compliance-related fines. All other business funds should be maintained in a separate bank account.

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