Cyber Risk ManagementWe help banks of all sizes implement and integrate Cyber Risk Management Framework
Securing our present
We live in an age where the threat of cyberattack is seemingly imminent. As a result, it is inevitable for Financial Services to have a robust framework and governance to tackle various threats head on. Regulatory Watchdogs are raising the threat level and introducing
new privacy legislation every year. Central financial institutions have cooperated on proposing a set of rules on cyber risk management standards. We help community banks, mid size and large bank implement best practices for Cyber Risk Management.
Global Organizations say they are prepared
Attacks target small business
billion USD in Global ransomware damages for year 2017
Trillion USD shall be the Cyber Crime damage by 2021
Diagnostic Independent evaluation of current state
Cyber security risk: Strategy, Design & Implementation
Incident response program governance and framework
Data risk identification & evaluation
Unfolding rules for Privacy & Information security act
Best practices for external communications in event of stress
The AI program evolves on its own, and an output is produced without an explanation of why that decision has been made. This could lead to a number of situations, such as predicting a wrong health condition for a patient or investing a risky portfolio in the market.
How CIPs Fail to Uphold AML and BSA Customer Identification Programs (CIPs) were put in place to reduce identity fraud for individuals and banks, but these programs fall short in complying to various Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) regulations...
Why The Fintech Charter? 4th Industrial Revolution & Its Impact We live in an age of shared economy where people are sharing cabs, workspaces, homes, and cars. How does this impact the overall markets? The way consumers are spending, sharing, borrowing has changed...
Objective: Our client a commercial bank had outdated policies and procedures that didn’t address cyber risk management. The policies didn’t address the latest sophistication in technological advances that made information security threat easier. There were...