360factor Blog
Roles and Responsibilities of Board Members in IT Risk Assessment
A rising number of organizational board members understand that cybersecurity is a business risk that they must address and ensure proper risk mitigation strategies are in place. Recognizing the profound importance of mitigating I...
Impact of Recent Regulatory Changes on IT and Cyber Risk Management
Recent regulatory changes have significantly elevated the role of IT and cyber risk management in the financial sector and beyond. These changes stem from a growing awareness of the vulnerabilities that modern businesses, particular...
Discover the 6 Evident Advantages of a Centralized and Improved Third-Party Risk Management
In today's globalized business environment, the sophisticated network of third-party relationships has conveyed exceptional challenges and opportunities in risk management. Improved Third-Party Risk Management has emerged as a pivotal...
5 Considerations for Banks Implementing AI-Powered Solutions in Compliance Management Process
Regulatory bodies create and supervise the compliance rules that are mandatory for banks and other financial institutions. It is critical for organizations to strictly abide by these regulations. Noncompliance can turn into hefty pe...
How to Effectively Identify and Monitor Major IT and Cybersecurity Risks
The rise in cloud computing, fintech solutions, and increased reliance on interconnected systems has exposed banks and financial organizations to various vulnerabilities that can have far-reaching consequences. Understanding and manag...
How Banks Can Develop an Effective Framework for IT and Cyber Risk Assessment
Cybersecurity and IT risk management have become quite critical for modern banking operations. Increasing reliance on technology has brought in a new era of convenience and efficiency for customers, allowing them to utilize banking se...