Browsing: Third-party risk

Cybersecurity

According to a recent survey of community bankers, cybersecurity was the highest-rated risk concern, with over 96% of community bank CEOs reporting that they considered it an important or very important risk factor for their bank.

Cybersecurity

With several providers now offering security ratings—also known as risk scores or risk ratings—as a way to measure an organization’s level of cybersecurity, a new white paper by the American Bankers Association examines the pros and cons of these ratings systems and how they should be used by financial institutions.

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