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Home » operational security

Articles Tagged with ''operational security''

The Keys to the Treasury Kingdom

US bank regulators issue best practices to improve operational resilience

November 10, 2020
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) issued an interagency paper titled “Sound Practices to Strengthen Operational Resilience.” The sound practices paper generally describes standards for operational resilience set forth in the agencies’ existing rules and guidance for domestic banking organizations that have average total consolidated assets greater than or equal to (1) $250 billion or (2) $100 billion and have $75 billion or more in average cross-jurisdictional activity, average weighted short-term wholesale funding, average nonbank assets, or average off-balance-sheet exposure.
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vulnerability in third-party software could open organizations to cyberattacks

Third-party components putting operational hardware and software technologies at risk

September 9, 2020

Claroty researchers have uncovered six critical vulnerabilities in third-party license management components, which could expose operational technology (OT) environments (hardware and software components) across numerous industries to exploits via cyberattacks.


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Baron-Business-Continuity-Natural-Disaster-Resilience-Security-Magazine

Operational resilience is front of mind for decision-makers, reveals SAI Global study

August 24, 2020
SAI Global has released results from a business continuity benchmarking study. ‘Addressing the COVID-19 gap: How Business Continuity professionals can propel business forward’ provides the results of a pre-COVID survey and a March 2020 follow up.
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Eric Holmquist

Eric Holmquist named Executive Vice President, Chief Risk Officer at Customers Bank

August 5, 2020
Eric Holmquist joined Customers Bank as Executive Vice President and Chief Risk Officer. Holmquist has more than thirty-five years of financial industry expertise, spanning enterprise risk management, executive reporting, information management programs, and is skilled in creating operational efficiency and risk alignment.
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Creating the GSOC: 4 Leading Examples of Successful Security Operations Centers

The way forward with Risk Operations Centers

Atul Vashistha 
Atul Vashistha 
July 31, 2020

In recent years, Enterprise Risk Management has become increasingly focused on cybersecurity risks. While this focus on cyber is understandable, the current COVID crisis has demonstrated that the unpredictable nature of cascading risks requires viewing risk through a much wider risk aperture. One way forward to successfully navigate this new risk frontier is the establishment of a Risk Operations Center (ROC). The ROC enables enterprise and technology leaders to have the continuous monitoring they require to proactively mitigate all cyber issues. Additionally, it fully supports the CISO/cybersecurity leader's principal responsibilities identified by the HBR survey.


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coronavirus

Steps for businesses to respond to COVID-19 now and prepare for what comes next

Tim Wren
June 29, 2020
There is hope in these uncertain times: with the right planning and execution, businesses can bounce back from what's quickly becoming a global recession and return to good health. It takes the right strategy, a flexible approach and a desire to achieve organizational resilience.
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Most Countries without Cybersecurity Strategy

Synopsys Study Shows 91% of Commercial Applications Contain Outdated or Abandoned Open Source Components

May 12, 2020
A new Synopsys report highlights trends and patterns in open source usage within commercial applications, and provides insights and recommendations to help organizations better manage open source risk from a security, license compliance, and operational perspective.
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video monitors

How Retailers Can Leverage Their Security Infrastructure to Improve Operational Efficiency

jordan rivchun
Jordan Rivchun
February 25, 2020
Retailers today face a number of security challenges, including shoplifting, shrink and theft at the point of sale, protecting the premises after hours, slip and fall lawsuits and much more. Adding complexity to the security challenge is that retailers face these threats in a variety of locations within stores, each of which comes with its own unique requirements. Today’s flexible, intelligent surveillance cameras offer a variety of form factors and capabilities that allow them to address the range of security and operational challenges.
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Security Newswire

Healthcare, Nonprofit, Education Organizations Win Baldrige Awards for Performance Excellence

November 18, 2019

NIST and the U.S. Department of Commerce announced that six organizations will be presented with the Malcolm Baldrige National Quality Award.


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What’s worrying consumers and business the most?

Evolve or Fail: Solving the Challenge of Operational Resilience in Today’s Business Climate

richard cooper
Richard Cooper
September 5, 2019

Operational resilience refers to a business’s ability to prevent, respond to, recover and learn from operational disruptions. Without operational risk management, operational disruption to a business can impact financial stability, threaten the business’s overall viability, and/or harm consumers and other businesses. Yet challenges to ensuring resilience and continuity abound, and they grow more complex each year. But here is the good news: Solutions exist.


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