Pure Storage

JANUARY 11, 2024

5 Key Takeaways from the EU’s Digital Operational Resilience Act (DORA) by Pure Storage Blog In our recent white paper, “ Strengthening Operational Resilience in Financial Services , ” we explore how operational resilience (OR) has emerged as one of the most important issues in the financial industry.

Resilience 117

Resilience Financial Services Banking Cybersecurity 117

everbridge

MARCH 6, 2025

Operational resilience has become a defining priority for organizations in sectors like finance and insurance, especially in the UK and Europe. Identify critical business services Pinpoint the services essential to achieving your organizational goals, meeting regulatory requirements, and serving customer needs.

Resilience 52

Resilience Financial Services Banking Manufacturing 52

Citrix

DECEMBER 1, 2022

Related Stories From Back Office to Branch: How financial services can reimagine their IT How insurers can attract and retain the right talent Why material manufacturing processes need cloud agility.

Banking 77

Banking Architecture Financial Services Insurance 77

Citrix

DECEMBER 7, 2022

government lifted its work-from-home guidance, large banks and insurers were among the first to announce plans to return to the office. When the U.K.

Banking 68

Banking Financial Services Insurance Insurance 68

Advancing Analytics

AUGUST 26, 2021

A report by Citigroup , showed that after the technology sector, the financial services industry is the biggest spender on AI services and is experiencing exponential growth. Interestingly, the insurance sector has 100% live machine learning applications in use. Fraud Detection. Hyper-personalisation.

Financial Services 52

Financial Services Banking Insurance Insurance 52

FS-ISAC

MARCH 2, 2021

With digitization of financial services accelerated by the pandemic, the financial services industry is collecting and processing reams of sensitive customer financial data. Digitization of financial services is here to stay. Financial flows operate across borders.

Financial Services 52

Financial Services Banking Marketing Transportation 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

Solutions Review

SEPTEMBER 9, 2021

The industries Resolver serves include banking and financial services, healthcare and hospitals, insurance, academic institutions, critical infrastructure organizations, airports, utilities, hospitality, government, and more.

Risk Management 98

Risk Management Management Audit Hospitality 98

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. Going forward, organisations are expected to operate within those impact tolerances. DOWNLOAD NOW.

Resilience 52

Resilience Financial Services Banking Business Services 52

Fusion Risk Management

SEPTEMBER 12, 2022

Ability to Procure Cyber Insurance. According to an article in Insurance Business America , the cyber insurance market started to harden in 2020 after a surge in ransomware events. It is critical to keep your eye on what regulators are pushing down the pipe. How Can Fusion Help? .

Resilience 52

Resilience Insurance Insurance Outsourcing 52

FS-ISAC

JUNE 12, 2023

Introducing the “FS Index” The Financial Services Threat Simulation Index (the “FS Index”) is a free, shared test plan for measuring threat resiliency and trending over time. The current test plan is 60 test cases mapped to 7 nation state threat actor groups most commonly targeting the financial services industry.

Benchmark 52

Benchmark Resilience Financial Services Publishing 52

FS-ISAC

JUNE 12, 2023

Introducing the “FS Index” The Financial Services Threat Simulation Index (the “FS Index”) is a free, shared test plan for measuring threat resiliency and trending over time. The current test plan is 60 test cases mapped to 7 nation state threat actor groups most commonly targeting the financial services industry.

Benchmark 52

Benchmark Resilience Financial Services Publishing 52

Fusion Risk Management

MARCH 8, 2023

There was plenty of engagement from financial services organizations, technology and data service providers , and health insurance organizations. Not to the surprise of many, the financial services industry is further along in their journey due to evolving regulations.

Financial Services 52

Financial Services Risk Management Application Resilience 52

FS-ISAC

MARCH 2, 2022

As a financial services cybersecurity professional who has worked on three continents for large multinational institutions, I understand the advantages and challenges for security departments at banks both large and small. Financial institutions have many security tools; this creates a significant amount of complexity.

Banking 59

Banking Cybersecurity Risk Reduction Financial Services 59

Solutions Review

SEPTEMBER 27, 2021

The industries Resolver serves include banking and financial services, healthcare and hospitals, insurance, academic institutions, critical infrastructure organizations, airports, utilities, hospitality, government, and more.

Government 92

Government Audit Risk Management Hospitality 92

LogisManager

MAY 20, 2021

That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. Steven is a frequent speaker in the Energy , Financial Services and Cyber industries.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Pure Storage

MAY 13, 2024

Cybercriminals know that big attractive targets like major financial services and healthcare organizations will have robust defenses around their own assets. The Third-party Vector Risk From the hackers’ perspective, it’s easy to see the appeal of reaching targets indirectly through vendors and cloud providers.

Audit 52

Audit Banking Benchmark Application 52

Advancing Analytics

MAY 23, 2022

Auto-insurer Tokio Marine use computer vision system for examining damaged vehicles. Computer vision technology is beginning to significantly impact the financial services industry. Facial recognition and retina scanning are also helping financial institutions to improve security procedures and therefore reducing fraud.

Advertising 52

Advertising Retail Healthcare Transportation 52

Reciprocity

SEPTEMBER 30, 2022

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

LogisManager

MAY 9, 2023

These organizations use various parameters to categorize their vendors and partners, including the financial or regulatory impact that vendors can have on their organization. Steven is a frequent speaker in the Energy , Financial Services and Cyber industries.

Banking 98

Banking Risk Management Management Corporate Governance 98

Reciprocity

AUGUST 24, 2022

Not long ago, risk managers concerned themselves mainly with hazards such as fires and floods; or in the financial sector, loan defaults (credit risk). Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

APRIL 4, 2022

These frameworks include: NIST Cybersecurity Framework ( NIST CSF ); Center for Internet Security (CIS) Controls; Cloud Security Alliance Cloud Controls Matrix (CSA-CCM); Payment Card Industry Data Security Standard (PCI-DSS); Health Insurance Portability and Accountability Act (HIPAA); ISO 27701 , a framework to protect personally identifiable information, (..)

Mitigation 52

Mitigation Malware Cybersecurity Media 52

Fusion Risk Management

AUGUST 18, 2022

The criticality or importance of the services that the TSP provides subject to the contractual arrangements . A risk assessment of any potential impact on the continuity and quality of financial services that are consumer facing. Enforcement of the DORA.

Resilience 52

Resilience Authorization Gap Analysis Risk Management 52

Reciprocity

JANUARY 12, 2023

If your organization has a presence in California or does business with California residents, then it most likely needs to comply with the California Consumer Privacy Act (CCPA). Enacted in 2020, the CCPA is a landmark privacy law in the United States with a long reach and tough regulatory obligations.

Audit 98

Audit Fashion Publishing Financial Services 98

Reciprocity

AUGUST 18, 2022

Passing or sharing the risk via insurance, joint venture, or another arrangement. The two fundamental components of ERM are (1) the evaluation of significant risks, followed by (2) application of adequate responses. Those responses to risk include: Acceptance of a risk. Prevention or termination of a risk.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

MARCH 28, 2022

The reactions to risk include: Acceptance or toleration of a risk; Prevention or termination of a risk; Passing or sharing the risk via insurance, joint venture, or another arrangement; Mitigating or reducing the risk by internal control procedures or other risk-prevention measures.

Risk Management 52

Risk Management Management Mitigation All-Hazards 52

Reciprocity

MARCH 24, 2022

For example, the Health Insurance Portability and Accountability Act (HIPAA) and the Payment Card Industry Data Security Standard (PCI DSS) , among others, require vendor compliance. Here are some types of risks to look for. Do your vendors comply with applicable regulations and industry standards?

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. Each one has a specific meaning, and the distinction between the two is important. A risk assessment forms the backbone of your overall risk management plan.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Pure Storage

OCTOBER 19, 2023

In a healthcare organization, a business domain could be the billing and insurance function, where all patient billing, insurance claims, and related financial data are managed. Each financial product or service (e.g., What Is Domain-driven Data?

Architecture 52

Architecture Data Integrity Government Insurance 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. Ideally, your CMS is an integrated system to govern that program, which should include employee training, focused business processes, operational reviews, and corrective action strategies. FDIC), a primary U.S.

Management 52

Management Audit Banking Media 52

Castellan

DECEMBER 1, 2021

This frequently resides under the CFO with a Director, such as Director of Risk Management or Insurance. Heavily regulated industries such as financial services and health care providers are expected to perform business continuity. Industry and/or Regulatory Requirements?

Business Continuity 40

Business Continuity Management Activation Risk Management 40

Reciprocity

DECEMBER 27, 2022

Managing all your governance, risk, and compliance (GRC) needs is no easy task.

Government 52

Government Audit Risk Management Disaster Recovery 52

Reciprocity

DECEMBER 19, 2022

Corporate compliance programs are to a company’s business operations; you are required by law to comply with various regulations (read: not optional), and a compliance program lets a company navigate those duties with more efficiency and discipline. The larger your organization grows, the more regulations and compliance burdens you encounter.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

OCTOBER 1, 2022

As organizations and businesses around the world and across industries migrate their IT to the cloud, C-suites are faced with a new dilemma for governance, risk management and compliance (GRC) solutions: cloud versus on-premise software.

Government 52

Government Internet Risk Management Cloud Computing 52

Reciprocity

SEPTEMBER 23, 2022

The California Consumer Privacy Act (CCPA) , heralded as the U.S. version of the European Union’s General Data Protection Regulation ( GDPR ), has many American companies overhauling their approach to privacy protection in data processing activities.

Government 52

Government Activation Audit Application 52

Reciprocity

AUGUST 24, 2022

As you bring new vendors into your organization’s orbit, you will need assurance that those third parties continuously comply with the cybersecurity controls outlined in the service level agreements you’ve established. Every risk management program should include risks posed by your vendors.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52