Using the New NYDFS Cybersecurity Regulation to “Lock the Data Vault” for Financial Institutions
The New York Department of Financial Services (NYDFS) requires all regulated entities to adopt the core requirements of a cybersecurity ...
Third party risk management requires a commitment to an organization’s entire operational risk profile. It’s a challenge, since third party risks often occur in areas that have no “owner,” and are therefore easily overlooked. Consequences can be far-reaching for overlooking risks associated with third parties, including lost customers due to a third party’s poor-quality service, data breaches resulting from their poor security practices, or supply chain issues stemming from poor disaster recovery procedures. The significant jump in the use of third parties in business has compounded the risks associated with them and escalated potential consequences.
The following articles about third party risk management address various aspects, including third party due diligence and third party risk assessments.
The New York Department of Financial Services (NYDFS) requires all regulated entities to adopt the core requirements of a cybersecurity ...
Sylwia Wolos, Head of Proposition, Enhanced Due Diligence at Thomson Reuters speaks with Finextra TV, covering topics including the latest third-party ...
Navigating Privacy and Compliance As the recent data breach by Facebook has made clear, meeting strict GDPR guidelines is difficult. ...
What the Decision on Epsilon's Sanctions Violations Means for Companies Michael Volkov discusses Epsilon's sanctions violations, the resulting "reason to ...
Building an Effective TPRM Framework The GDPR imposes new rules on organizations to protect EU individuals’ personal data. Banks are ...
Rethinking How We Discuss Vulnerabilities in the Digital Supply Chain The fundamental principle that makes the internet so powerful is ...
Q&A with Dan Kinsella, Deloitte Risk and Financial Advisory Partner Deloitte recently released the results of its third-annual Global Extended ...
The Importance of Digital Vendor Management As the digital landscape grows and changes, businesses rely on an increasingly sprawling network ...
Audit experts from CEB present the findings of the company’s annual Audit Plan Hot Spots report, which is based on ...
Moving Beyond Routine Contract Provisions If companies are to maintain a commitment to risk mitigation, they must keep an eye ...
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