Managing Risk That’s a tall order for financial institutions of all sizes and across the nation. Organizations that are trying to keep ahead of their competition while also trying to defend those critical assets are continuing to fall behind in the fight.
Are you applying these 4 types of risk mitigation tactics?
Simply stated, Cybersecurity risk refers to the potential of loss or harm related to technical infrastructure or the use of technology within an organization.
Financial institutions are becoming more vulnerable to cyber threats due to the increasing reliance on distributed and remote computing environments, programs, and social media.
Data breaches, which comprise the most common cyber attacks, pose an existential threat and potentially devastating impact on businesses of all sizes. These breaches frequently arise fromgaps in security controls or processes that have not been fully implemented.
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