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How to Manage Cyber Risk & Compliance in the Financial Services Sector

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Synopsis

Banks and financial services organizations of all sizes are now more concerned than ever about cybersecurity risk and compliance management. The scope and nature of managing compliance have evolved and are no longer limited to rules-based banking regulations. Operational and compliance risks have become more complex and entwined, increasing the potential for failed processes that cause customer confusion and compliance control breakdowns. Without a new approach to cyber risk, compliance and operational risk management, many financial services institutions will continue to face high costs and losses in the form of escalating litigation, penalties, and staffing needs. Join the Continuous Engineering Experts’ Bryan Smith as he welcomes Bradford Leigh from IBM to the show, as he shares with us some best practices in how to successfully manage your cyber security and compliance requirements. Short on time? Just click on any of the links below and jump to that section of the interview: 0:01:30 – From an instit