Time is money— and so is the data financial organizations are expected to secure. To hackers, nothing is as tempting as a financial institution with a backdoor into its information vault. It is therefore in all organizations’ best interests to stay abreast of new security threats and strive to comply with stringent industry regulations.
The financial industry faces an evolving regulatory landscape and a high degree of information technology risk. The sensitive nature of client data stored on servers and in databases means organizations can face significant liability and reputation risk if data security is breached.
Balancing security, responsiveness, and compliance is challenging, but it is possible with proper planning, management, and oversight. It may be tempting to wait and see how the cybersecurity and regulatory landscape evolves, but establishing refined policies and comprehensive risk management strategies now will make it easier to stay current as security challenges and regulations continue to change.
As technology becomes more advanced, regulations become more complicated.
IT risk is a major concern for any organization, public or private. To protect your data, your reputation, and your bottom line, you need an effective, dynamic IT risk management strategy.
Your organization already has security measures in place for your IT systems, but are you sure they are protecting your systems? The majority of security breaches take months — or even years — to discover. Even with security measures in place, your systems can harbor hidden vulnerabilities that attackers can exploit.
What's New
Not all businesses are targeted by state-sponsored attacks, but those that are need to know the risks and how to respond to them.
What's New
Surging cyber crime rates and the evolution of advanced persistent threats have compelled CEOs and industry experts to acknowledge the growing need for executive cybersecurity leadership.
What's New
The use of cloud software is at an all time high— on average, large enterprises use over 1,427 different cloud services.