It’s Monday morning, and a global bank’s customers can’t log into their accounts. Trading desks are stalled, wire transfers are frozen, and call centers are overwhelmed. The culprit isn’t ransomware, ...
Greater operational resilience demands significant advances in automation. Manual processes are the enemy of efficiency and cost-effectiveness. Troubleshooting, communication, and mitigation will be ...
Third-party relationships are double-edged swords— they can be your most significant force multipliers or risks. Third-party vendors are ingrained in all aspects of an organization, from accountants ...
In July 2023, APRA released the final new cross-industry Prudential Standard CPS 230 Operational Risk Management (CPS 230). The new standard was designed to strengthen the management of operational ...
The regulatory landscape in cybersecurity is rapidly evolving in response to growing digital threats and an increasing number of cyberattacks and data breaches. As cyber risks continue to expand, ...
In March, the Treasury Committee delivered worrying news. Since January 2023, the top nine banks faced 33 days of unplanned outages. This excludes the payday system crash in February, which makes ...
For the last few years, most organizations have talked about AI risk in the language of governance. Is the model accurate? Is ...
State CIOs face a surge in ransomware and artificial intelligence–driven threats that outpace resources. As a result, cyber resilience strategies should include identity protection, operational ...
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