Yara A.’s Post

A guide recently published by banking regulators to help community banks develop and implement third-party risk management programs, policies and practices offers advice for all organizations that rely on third-party service providers, especially for technology-related services. https://bit.ly/3yvinqn #privacy #cybersecurity #communitybanks

🔎🇨🇭 #Regulatory: FINMA publishes a new guidance on operational risk management by fund management companies and managers of collective assets Published today, this guidance aims to make #fund #management #companies and #managers of collective assets aware of the importance of appropriate #operational #risk #management. It lists the general principles of appropriate risk management, which also apply to the management of operational risks. Swiss Financial Market Supervisory Authority FINMA also describes measures to ensure appropriate management of risks in the areas of information and communication technology, data, cyber, business continuity, legal and compliance as well as outsourcing. Source: https://lnkd.in/e2vygA_z

New Blog: "Application Protection and DORA Compliance: What You Need to Know" by Uri Dorot. Explore how the EU’s DORA regulation impacts financial entities, with key compliance areas like governance, risk management, and business continuity. Learn essential strategies for securing your applications and staying compliant before 2025! https://ow.ly/xQHX50TJUHz #CyberSecurity #DORA #FinTech #RiskManagement #ApplicationProtection

#ArtificialIntelligence #DataDrivenDecisions #Innovation #TechForGood 🌐🚀 Risk Management: AI can analyze various risk factors and assess their potential impact on future events. For example, AI-powered risk management systems can help financial institutions identify and mitigate risks related to loan defaults, market volatility, or cybersecurity threats.

Risk Management In an era where #cyber #threats and #financial fraud are on the rise, knowing who you are doing business with is your first line of defence. Accurate #identification helps in assessing risks accurately and implementing effective control measures. #fintech #financialinstitution #compliance #kyc #aml

#ThirdPartyRiskManagement remains an increasingly important function for financial institutions. Attending our GFMI 18th Edition #ThirdPartyRisk Management for Financial Institutions conference on April 17-19, 2024 in New York, will enable you to develop a holistic view of your #thirdparty riskmanagement to better understand your risk exposure and implement changes efficiently.     Register now: https://lnkd.in/gU6r2VeK  Contact riak@global-fmi.com for registration information.   #tprm #banks #vendormanagement #compliance #cyberthreat #cybersecurity #vendor #operationalrisk #riskmanagement #financialinstitutions 

New Blog: "Application Protection and DORA Compliance: What You Need to Know" by Uri Dorot. Explore how the EU’s DORA regulation impacts financial entities, with key compliance areas like governance, risk management, and business continuity. Learn essential strategies for securing your applications and staying compliant before 2025! https://ow.ly/xQHX50TJUHz #CyberSecurity #DORA #FinTech #RiskManagement #ApplicationProtection

Having a comprehensive understanding of your asset data is paramount. It's not merely about keeping pace; it's about fortifying your operational integrity with granular insights into warranties, licenses, and maintenance schedules. By embracing a proactive risk management strategy, you not only bolster your defenses against potential security vulnerabilities and compliance breaches but also shield your organization from financial losses and reputational damage. Request a demo today and learn how Apexa iQ® ‘s advanced layer of asset intelligence & security analytics helps organizations with clean asset data for better decisions and a provable reduction of risk: https://lnkd.in/exTxm3sx #RiskManagement #AssetIntegrity #OperationalResilience #CIO #DigitalTransformation #TechnicalDebt #cleandata #MitigateRisk  #obsolescence #EndOfLife #ApexaiQ #Compliance #AssetAssurance

The new EU has released new regulations covered by the Digital Operational Resilience Act (DORA), with the aim to strengthen the Cybersecurity and operational resilience of Financial Institutions... If this is relevant to you and you don't know where to start, 6clicks has put together a ready to use DORA Risk Libary to get you started... #CISO #GRC #Compliance #Finance #DORA #EU

Companies prepare for significant increase in risk - Industry roundup: 10 September: #RiskManagement #AI #Technology #TMS #CashForecasting #CBDC #Drex #PaymentFraud #CyberCrime #LabourMarket #SalaryPressure