As we kick off Fraud Prevention Month, it's pivotal to assess our readiness for the financial industry's new landscape. OSFI's Guideline B-13, in effect since January 1, 2024, outlines crucial steps for robust technology and cyber risk management. Our recent thought leadership uncovered strengths in small to mid-sized FRFIs' cybersecurity practices but highlighted governance and risk management as areas for improvement. For a comprehensive look at the findings and insights on enhancing organizational resilience, check out our full piece on OFSI B-13 adherence: https://lnkd.in/g53V8FRw #FraudPrevention #FPM2024
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📅 Join us 25th April at 2pm for our latest finance and insurance webinar. As highlighted by recent regulations, it's more important than ever to secure against the vulnerabilities in your growing list of 3rd party relationships, all whilst continuing to safeguard sensitive data and maintain operational resilience. Save Your Seat 👇👇 https://loom.ly/T-YBciY Orpheus Cyber
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Munich Re has urged policymakers in Europe and Germany to throw their weight behind a state-funded backstop for systemic cyber risks, and called on governments to make certain risk management requirements mandatory to boost the private market for extreme weather events. The move from the world’s largest reinsurer will ... 👉https://ow.ly/lST250QImcG #RiskInsurance #Cyber #reinsurance Munich Re
Munich Re urges European politicians to back cyber pool
https://www.commercialriskonline.com
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Munich Re has urged policymakers in Europe and Germany to throw their weight behind a state-funded backstop for systemic cyber risks, and called on governments to make certain risk management requirements mandatory to boost the private market for extreme weather events. The move from the world’s largest reinsurer will ... 👉https://ow.ly/XNFa50QImcK #RiskInsurance #Cyber #reinsurance Munich Re
Munich Re urges European politicians to back cyber pool
https://www.commercialriskonline.com
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IP risk is the next big challenge for boards. Intanify and WTW both see that. In our recent interview with Kimberly Cauthorn of WTW, CEO Dylan Dryden discussed how co-founder and CTO Viet Lee thinks IP risk is following the same path cyber risk once did. Initially dismissed, cyber risk has become a top boardroom issue, and now IP risk is poised to do the same. Despite these assets accounting for up to or above 90% of a company's value, they often remain overlooked in board discussions. It's time to elevate IP risk management to the priority it deserves. Learn more in the full interview: https://lnkd.in/eUrA5P-t #iprisk #cyberrisk #boardroom
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Johnty Mongan and I spoke recently about the issues arising from Systemic Risks in Cyber for organisations - we just hoped we wouldn’t see it happen like it is today. The Cyber Risk Management team here at Gallagher are here to help answer the question, how would we operate if we can’t use our systems? As well as implementing processes to stop this from happening. Drop me an email if you have any questions or concerns - [email protected]
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Transformational leader | Cybersecurity, Cyber Risk, Cyber Insurance & AI | Advisor | Speaker | Tech-oriented and focused on the Future of Cyber Risk Management
This is a great #heatmap from CFC and a good reminder that #cyberrisk is vastly different across industries. Tailored cyber risk management and #cyberinsurance solutions are a must to ensure adequate protection and resilience. https://lnkd.in/gxX2Enks
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Learn about the current and forthcoming guidance and practices for cyber risk appetite development in this #RSAC 2023 Top-Rated Session from speaker Matt Tolbert, Senior Risk Specialist, Cybersecurity & Operational Risk, Federal Reserve Bank of Cleveland. #cyberrisk https://spr.ly/6044RTS6j
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It is always a pleasure to answer Chris Daly's insightful questions about #cyberriskmanagement.
"Which process is more effective – to derive risk claims from the mounds of data, or to first frame the risk claims, and then use the cyber data as evidence? Here at KDM Analytics, we believe in framing the risk first. Incidentally, so does NIST, and so do risk management experts." Find more insights in this interview with Djenana Campara conducted by Chris Daly: https://lnkd.in/dtGbvgKB #riskassessment #cyberrisk #cyberriskmanagement #automatedriskassessment
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"Which process is more effective – to derive risk claims from the mounds of data, or to first frame the risk claims, and then use the cyber data as evidence? Here at KDM Analytics, we believe in framing the risk first. Incidentally, so does NIST, and so do risk management experts." Find more insights in this interview with Djenana Campara conducted by Chris Daly: https://lnkd.in/dtGbvgKB #riskassessment #cyberrisk #cyberriskmanagement #automatedriskassessment
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Munich Re has urged policymakers in Europe and Germany to throw their weight behind a state-funded backstop for systemic cyber risks, and called on governments to make certain risk management requirements mandatory to boost the private market for extreme weather events. The move from the world’s largest reinsurer will ... 👉https://ow.ly/PWT750QImcL #RiskInsurance #Cyber #reinsurance Munich Re
Munich Re urges European politicians to back cyber pool
https://www.commercialriskonline.com
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