Risk Management

Data, data and even more data.

Depending on the tenor of the times, navigating the financial services landscape gives rise to far more challenging questions than comforting answers.

Imagine, if you will, this not uncommon C-suite scenario: “We have a critical decision,” the CEO says to the management team.

Cybersecurity at banks, to quote BAI managing director Karl Dahlgren, is a constant game of Whac-A-Mole as institutions struggle to stay a step ahead of resourceful, relentless malefactors.

For banks of all sizes, the issue of the moment is this: Every banker is busier than ever.

Over the past several years, third-party oversight (or vendor management) has grown exponentially in importance and as a subject of regulatory focus.

Five decades after they were first unveiled in Swinging London as marvels of secure, cash-dispensing convenience, automatic teller machines are more vulnerable than ever—thanks to a wide array of attacks that include skimming devices, malware, intercepted communications, outright theft of the machines—and a new technique known as “jackpotting.

The Hermit Kingdom, nuclear armed and firing off ballistic missiles, is estranged from the rest of the world and cut off from trade.

Massive breaches in the finance industry have moved banks to wake up—albeit slowly—and view security in a different light.

For many financial institutions, information security awareness programs are a regulatory requirement.