Remove Cyber Security Remove Management Remove Operations Remove Tools
article thumbnail

The FFIEC’s Architecture, Infrastructure, and Operations book

Cisco

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. In Summary.

article thumbnail

Four Steps for Managing Third-Party Cyber Security Risk

FICO

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. Where does the vendor operate (e.g.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reduce your accounting firm’s cyber risks with these 8 actions

Abrigo

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. A central method for creating a strong cyber security culture is generating awareness. Ensure leadership buy-in. Make the topic ubiquitous.

article thumbnail

How Does ChatGPT Describe the Economy and Banking?

Jeff For Banks

As described by ZDNet.com , "ChatGPT is a natural language processing tool driven by AI technology that allows you to have human-like conversations and much more with a chatbot. Overall, I believe AI will evolve into a tool to weigh against our opinions. Talent management, such as "What do Generation Z want from their employers?";

article thumbnail

GRC best practices in a world under constant cyber threat

Insights on Business

Cyber security is no longer just a problem for the IT department, it is a business risk that affects your entire organization. . Guests will learn from featured speakers such as Judith Pinto , Managing Director, Promontory and Patrick Batson , Senior GRC Advocate, IBM as well as panelists from Bloomberg and DTCC.

article thumbnail

Stop Throwing Money at Cybersecurity

Celent Banking

Most cyberattacks succeed because of weaknesses in people, processes, controls and operations. This is the definition of operational risk. Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk.

article thumbnail

4 AI Predictions for 2023: From the Great Correction to Practical AI

FICO

Specific to artificial intelligence (AI), companies are reconsidering moonshot projects like self-driving cars ; Ford and VW exited their joint robotaxi venture, and Alphabet, with its Waymo subsidiary, is under particularly intense heat from activist investor TCI Fund Management. Here are my predictions for Practical AI in 2023: 1.