Linking security & risk in financial services

As the frequency and costs of information security incidents continue to rise, financial services organiza-tions face increasing threats from insiders and third-party partners, as well as intensified scrutiny from industry regulators. Protective measures remain important, of course, but processes and tools to detect, analyze, and respond to incidents are key to cyber resiliency and to the ongoing success of any financial services business. To make this adjustment, financial services firms should reposition their security strat-egy by more closely linking technologies, processes, and tools with the firm’s broader risk management activities. Doing so will result in a cyber-resilient program that can effectively manage risks based on the business’s tolerance for risk.

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Today’s key risk areas

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Becoming risk intelligent

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Five key lessons

It’s no longer possible to protect all data, networks, and applications at the highest level, but a proactive cybersecurity program will enable financial services firms to prioritize protection and more quickly react to incidents that are all but inevitable. Learn more about our Cyber Resilience services.
 

Contact us

Richard Wilson
Partner, Cybersecurity & Privacy
Tel: +1 416 941 8374
Email

Sajith Nair
Partner, Cybersecurity & Privacy
Tel: +1 416 815 5185
Email