Telstra Purple’s Post

Enhancing security & risk management is crucial for all financial institutions. To discover how increasing cyber threats, reliance on third-party vendors, and ongoing personnel changes are impacting the ISO role, check out this informative white paper: Operational Resiliency: Elevating the Role of the ISO: https://lnkd.in/eJzVt7Wv). Here are some key takeaways: - Third-party risk management is increasingly important, with new guidance to manage risks effectively - Defined IT and information security roles are essential for effective governance and communication - ISOs should be involved in strategic IT planning to assess risks and ensure alignment with business goals #LessWorryingMoreBanking #SafeSystems #CommunityBanking #InformationSecurity #IS0

Do you even #risk, bro? If you’re running a business, any business, risk is an inherent part of running your organization. From personnel to collections, equipment to vendors any entrepreneurial endeavor offers risk-a-plenty. But as your business matures, few are as likely as poor #cybersecurity. Let’s talk about your business and what #cyberrisk keeps you up at night. Proper Sky - Managed IT Services might be able to help you manage it just a #littleeasier

Don’t wait until it’s too late—protect your entire business ecosystem with proactive measures. Reach out today to learn how Proper Sky can be your trusted partner in managing risk. 💪 #RiskManagement #MSP #Cybersecurity

🛡️ Fortify Your Defences: Mastering Third-Party Risk Management (TPRM) "You're only as strong as your supply chain." Recent reports have shown that vulnerabilities in third-party systems can compromise even the most robust defences,especially when you have minimal control of your third party vendor’s estate.. In today's interconnected world, Third-Party Risk Management (TPRM) extends beyond merely securing your own data in your own environment—it's an essential strategy to protect your reputation, meet legal requirements, and safeguard financial interests throughout the data lifecycle, through your vendor relationships. Key Steps to Mitigate Third-Party Risks: ✔️ Continuously monitor third-party performance—proactive vigilance is essential. ✔️ Limit and manage access before it becomes a vulnerability—permit only what’s necessary. ✔️ Invest in strategic onboarding and offboarding—a seamless process minimises risks. As emphasised by Doctor Mafuwafuwane at the IIPSA event, managing third-party risk is not optional; it's a crucial layer of protection for businesses of all sizes in an increasingly connected ecosystem. Keep your business resilient from the inside out by strengthening your third-party interactions today. Want a free cyber risk assessment? Reach out here! 🔗 See the press release for more insights. https://lnkd.in/dvNnmvXf #TPRM #CyberSecurity #RiskManagement #VendorManagement #SupplyChainSecurity

Did you know 51% of companies have experienced a data breach caused by a third party? Don't become a statistic. Explore our overview of third-party risk management tools, from questionnaires, scanners, to shared assurance providers. Uncover the strengths and weaknesses of these and other TPRM tools in our latest article. Make informed decisions to protect your supply chain. #tprmtools #tprm #cybersecurity #informationsecurity #supplychainrisk https://lnkd.in/eMbsw2gd

Are you looking to fortify your company's risk management arsenal? Our managed IT services could be the game-changer you've been seeking. Mitigating risks today isn't just about protecting your data; it's about safeguarding your entire business ecosystem. From cybersecurity threats to compliance challenges, the stakes have never been higher. Here's how you can revolutionize your risk management playbook with help from your MSP: https://hubs.ly/Q02zSC-C0 Don't let risk management be an afterthought. Empower your business with the proactive protection it deserves. Reach out today to learn how an #MSP like Proper Sky can be your trusted ally in the fight against uncertainty. 💪 #RiskManagement #ManagedIT #MSP #ITSupport #Cybersecurity #BusinessResilience #Compliance #BusinessContinuity #RiskMitigation #BusinessStrategy #CorporateGovernance #OperationalRisk

Effective cyber risk management needs strong leadership and detailed planning. Discover the best practices for safeguarding your bank against cyber threats. #BankingTechnology #CCGCatalyst #BankingResearch Put Cyber Risk on the Agenda: Tyler Brown https://lnkd.in/gQe27bhP

A Gartner report reveals that most companies focus on due diligence and recertification, with only 27% of risk management efforts happening during the ongoing vendor relationship. This leaves a significant gap, as vendor risks can evolve over time due to financial instability, cybersecurity threats, and regulatory changes. Here's a detailed look at some risks you should be aware of: https://lnkd.in/dQSVvBGZ

🚨 Risk Management in Governance: Protecting the Future 🛡️ From financial pitfalls 💸 to cybersecurity threats 🔐, effective #RiskManagement is the key to safeguarding your organization’s success. 🎁 This holiday season, risks are higher than ever—supply chain disruptions, cyberattacks, and operational pressures can challenge even the best-run businesses. But with strong governance and proactive strategies, you can navigate the chaos with confidence! 📖 Discover the frameworks, best practices, and tools that keep businesses resilient during the holidays and beyond 👉 https://lnkd.in/d_uFtGaz #Governance #BusinessContinuity #RiskMitigation #Cybersecurity #HolidaySeason #Governancepedia 🎄✨

⚠️ In this rapidly evolving digital landscape, SMBs face increasing IT risks that can have significant repercussions. Unlike larger organizations, SMBs often lack the resources and expertise to implement robust IT security measures on their own 😟. 😀 That's why choosing the right IT partner is vital for developing a comprehensive risk management process! Let's dive in... #ITsupport #ITrisk #riskmanagement #riskmitigation #cyberrisk #cyberthreats #cybersecurity #ComputersNationwide #veeam