FS-ISAC

MARCH 5, 2024

Notes from our Discussion with Beate Quantifying Risk The possibility of accurately and precisely quantifying risk is a matter of some debate among CISOs. In one sense, such metrics are available, insofar as they apply to the link between cyber risks and financial services organizations’ capital reserves.

Financial Services 72

Financial Services Risk Management Cybersecurity Strategic 72

Pure Storage

JUNE 6, 2023

Once companies are required to be in compliance with DORA in early 2025, banks’ responsibilities for operational risks will expand to include protection, detection, containment, recovery, and repair capabilities against information and communication technologies (ICT) incidents. The key metric of success was a low cost of ownership.

Banking 97

Banking Resilience Financial Services Architecture 97

Fusion Risk Management

MARCH 14, 2022

Building on our 2021 roundtables where we examined how firms are revisiting their approaches to operational resilience , this March we gathered a community of executive leaders in financial services to examine how firms are putting that thought into practice and adapting their culture, processes, and systems to build a more resilient tomorrow. .

Financial Services 40

Financial Services Resilience All-Hazards Vulnerability 40

Fusion Risk Management

SEPTEMBER 27, 2022

Third – party risk management (TPRM) continues to be a focus area for both regulated and non-regulated entities alike in the operational resilience landscape. The reason being that t hird parties often introduce added risk to organizations outside the scope of their direct control. .

Financial Services 52

Financial Services Risk Management Outsourcing Strategic 52

PagerDuty

APRIL 23, 2025

The organizations that embrace this shift gain more than just operational efficiency; they develop a strategic competitive advantage that directly impacts business outcomes. At PagerDuty, we’ve witnessed firsthand how the right applications of AI can transform operations from a cost center to a strategic asset.

Strategic 52

Strategic Communications Alert Security 52

Fusion Risk Management

NOVEMBER 27, 2023

At Compass 2023 , Fusion customers as well as presenters from our strategic partner, PwC , shared firsthand experiences in a panel session on geopolitics, regulations, and resilience. The foundation of risk management Truly resilient programs are built on the foundations of your risk management and business continuity strategies.

Resilience 52

Resilience Risk Management Financial Services Business Continuity 52

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. Therefore, keeping on top of fraud is critical to a financial institution's existence. Risk Management. Hyper-personalisation.

Financial Services 52

Financial Services Banking Insurance Insurance 52

LogisManager

FEBRUARY 10, 2022

That’s why it’s more important than ever to ensure you’re taking the right steps to use it to your advantage, which all starts with strong risk management. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks.

Banking 52

Banking Risk Management Strategic Evaluation 52

Fusion Risk Management

JANUARY 24, 2023

This past year, we also saw increased interest from organizations outside of banking and financial services in learning how to apply operational resilience concepts within their programs. In 2023, we will continue to see more non-financial services companies adopt operational resilience concepts and frameworks.

Resilience 52

Resilience Financial Services All-Hazards Banking 52

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks?

Management 52

Management Risk Management Cybersecurity Strategic 52

Fusion Risk Management

DECEMBER 4, 2023

In an era of constant change, the risks and threats to global organizations never sleep. Today’s practitioners recognize that they need dynamic risk management , operational resilience, and business continuity (BC) programs – and they need to be agile in implementing them.

Business Continuity 52

Business Continuity Resilience Risk Management Financial Services 52

Fusion Risk Management

DECEMBER 7, 2021

Some see this as a series of challenges, but we see this as an opportunity to evolve your resilience program into a strategic asset for your company – and it can be done by digitally transforming your program. The post Digitally Transforming Operational Resilience appeared first on Fusion Risk Management. Contact Fusion today!

Resilience 52

Resilience Financial Services Business Continuity Strategic 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

DECEMBER 27, 2022

To succeed, a business is well advised to use a dedicated GRC tool; the right one allows you to stay aware of your organization’s risk posture, align your business and strategic objectives with information technology, and continually meet your compliance responsibilities. Risk Management. Governance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Pure Storage

OCTOBER 4, 2022

Whether you’re looking to implement AI for fraud protection or better customer insights or to improve efficiency with hyperautomation, which Gartner identifies as a top strategic technology trend for 2022, the test will come in transitioning from the proof of concept to a measurable return on investment. .

Banking 59

Banking Financial Services Strategic Application 59

Castellan

OCTOBER 18, 2021

Risk analysis and continuous risk management will also play important roles, as well as prioritizing risk management and risk response. Now is the time to move beyond those traditional incident-response practices for continuity toward a strategic play that includes resilience as a focus.

Business Continuity 52

Business Continuity Resilience Pandemic Financial Services 52

Fusion Risk Management

MAY 12, 2022

At Marcus Evans’s Operational Resilience In The Financial Sector conference, a session was held that was led by Vicki Gavin of Kaplan International with panel members Rich Cooper of Fusion Risk Management and Stella Nunn of PwC, taking the discussion forward. Pinpointing the Moment of Impact. Rehearsing Different Scenarios.

Failover 52

Failover Resilience Crisis Management Mitigation 52

LogisManager

JUNE 24, 2021

Keep reading to learn why ESG has become more important than ever, why companies should care about it, the challenges businesses are facing when it comes to ESG (and how to address those challenges) and ultimately why taking an Enterprise Risk Management approach to implementing and managing your ESG strategy is critical for success.

Government 59

Government Pandemic Banking Risk Management 59

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. That’s time and money that might be better spent elsewhere.

Government 52

Government Internet Risk Management Cloud Computing 52

Pure Storage

JANUARY 18, 2024

Financial firms are constantly on the lookout for data platforms that offer better performance, scalability, and reliability for their quant analysts, data scientists, risk managers, and others supporting their trading teams.

Benchmark 64

Benchmark Architecture Capacity Audit 64

Castellan

DECEMBER 1, 2021

Many of these protections are focused on isolated risks; for example, if a company has a critical product that has to be shipped no matter what – they may choose to store that product in two locations, thereby protecting it. This frequently resides under the CFO with a Director, such as Director of Risk Management or Insurance.

Business Continuity 40

Business Continuity Management Activation Risk Management 40

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. The larger your organization grows, the more regulations and compliance burdens you encounter. What Is the Purpose of a Corporate Compliance Program?

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

OCTOBER 9, 2024

For almost ten years, NIST has been at the forefront of developing comprehensive cybersecurity risk management frameworks. SA – System and Services Acquisition: Acquiring systems and services that meet security requirements. government contractors.

Cybersecurity 40

Cybersecurity Audit Risk Management Vulnerability 40

Reciprocity

OCTOBER 9, 2024

For almost ten years, NIST has been at the forefront of developing comprehensive cybersecurity risk management frameworks. SA – System and Services Acquisition: Acquiring systems and services that meet security requirements. government contractors.

Cybersecurity 40

Cybersecurity Audit Risk Management Vulnerability 40

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. million, highlighting the urgency for agencies to adopt a strategic, risk-based approach to data protection in 2024 and beyond.” In 2023, the global average cost of a data breach was $4.45

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. million, highlighting the urgency for agencies to adopt a strategic, risk-based approach to data protection in 2024 and beyond.” In 2023, the global average cost of a data breach was $4.45

Healthcare 59

Healthcare Cybersecurity Security Government 59

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. million, highlighting the urgency for agencies to adopt a strategic, risk-based approach to data protection in 2024 and beyond.” In 2023, the global average cost of a data breach was $4.45

Healthcare 52

Healthcare Cybersecurity Security Government 52

Pure Storage

OCTOBER 17, 2024

If we have to do something, let’s make it useful,” said Rob Glanzman, Global Strategic Alliances Principal Architect, Financial Services, Pure Storage, in a recent webinar: “ Compliance as a Catalyst: Transforming Regulatory Challenges into Opportunities.” didn’t exist. GDPR requires (and NIST CSF 2.0

Cyber Resilience 124

Cyber Resilience Resilience Financial Services Audit 124