BankTech Bytes: Honest Abe's Lessons on Resiliency
12/13/2022
This BankTech Bytes Newsletter discusses thoughts on resiliency. In a joint issuance to large banks on the subject in 2020, the OCC, FDIC and FED defined operational resilience as, “The ability to deliver operations, including critical operations and core business lines, through a disruption from any hazard.” Acknowledging that resiliency doesn’t just happen, they go on to say, “It is the outcome of effective operational risk management combined with sufficient financial and operational resources to prepare, adapt, withstand, and recover from disruptions.” Like it or not, developing, maintaining and testing an effective resiliency program takes time and resources.
Read more on resiliency and hear about this quarter's regulatory updates, breaches of the quarter and cryptocurrency updates!
How to Get Started
The technology experts at Saltmarsh are ready to share their expertise. Please contact us to discuss any existing and potential challenges you face with technology and ransomware, and help ensure your successful future.
Join our email list to receive updates as they are released!
About the Author | Jason Keith, CIA, CISA
Jason is a senior technology risk consultant at Saltmarsh, Cleaveland and Gund. He specializes in consulting highly-regulated industries such as financial institutions, healthcare organizations and the defense industrial base, providing information security assessments, vulnerability and penetration testing and other related information security compliance services. Jason has over 20 years of professional experience and has held several technology-focused leadership roles with previous organizations, including Vice President of Risk, Chief Information Officer, and Chief Operations Officer.
Related Posts
- The Rise of Phishing Scams in Cyber Attacks
- Saltmarsh Hosts 18th Annual BankTalk
- Juice Jacking and How to Avoid It
- Managing Risk Part 2: Reducing Fraud with Access Controls
- Managing Risk: Fraud Deterrence Is Always a Priority
- Banking Artificial Intelligence
- BankTech Bytes: Banking Artificial Intelligence
- BankTech Bytes: Honest Abe's Lessons on Resiliency
- Watch Out for Those Hackers - It's Cybersecurity Awareness Month!
- Saltmarsh Hosts 17th Annual Community BankTalk Event
- Don't Become the Next Victim of a Social Engineering Attack
- Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers
- BankTech Bytes: Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers
- White Paper: Manufacturing Outlook, Leveraging Technology Today
- Webinar Recording: Trends in D&O and Cyber
- Elevate your Third-Party Risk Management Program
- BankTech Bytes: Elevate your Third-Party Risk Management Program
- Cryptocurrency - It's Time to Acknowledge the Elephant in the Room
- The FFIEC's New AIO Handbook
- BankTech Bytes: The FFIEC's New AIO Handbook
- Why Your Company Needed to Invest in Cybersecurity Yesterday
- GovCon Updates of the Week Part 11
- WEBINAR MATERIALS: The Rise of Ransomware - The Evolution, Risk & Recovery
- GovCon Updates of the Week Part 9
- DOL Issues Cybersecurity Guidance for Retirement Plans
- View All Articles
