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As a follow up to the 8th annual Shared Assessments Summit, the themes of governance continued to focus on third party risk, when I conducted a webinar hosted by the New York Stock Exchange (NYSE) Governance services and sponsored by Prevalent. The focus on third party risk has shifted from a line ....

Each year there is an annual Summit for third party risk professionals to network, train, and learn from each other and discuss with regulators how to manage third party risk and protect their company’s brand and assets. This year, the Shared Assessments Summit 2015 was held in Baltimore, MD. Bein ....

The concept of a panic room is a fortified room in place in a private home or business to provide refuge or hiding from a home or business intrusion. Panic rooms tend to contain technology to contact law enforcement or medical resources, and resources to sustain basic resource needs until help arriv ....

The FFIEC recently released its Cyber Security Assessment observations, after conducting a pilot on cyber security readiness with more than 500 community institutions. A key theme emerging from the observations was the need for enhanced sharing of threat and vulnerability information across the publ ....

Citing the growth in cyber-attacks against financial institutions of all levels, the New York State Department of Financial Services (“DFS”) announced Tuesday that it will begin examining institution’s for cybersecurity preparedness. In 2013 DFS initiated a study to determine how well institu ....

The first quarter of 2014 has been marked by an increasing focus on the board’s role in risk management, not just in the financial services industry (where in January the OCC issued proposed rules detailing how a board of directors should oversee risk ((OCC Guidelines Establishing Heightened Stand ....