BITS develops security risk calculator
WASHINGTON, dc – BITS, a financial industry consortium, has developed an op risk calculator that financial institutions of all sizes can use to evaluate the op risks they face.
The Key Risk Measurement Tool for Information Security Operational Risks (Kalculator) is a spreadsheet template that can be used to identify high-risk factors related to information security and provide a method to prioritise those risk factors.
It is intended for use by financial institutions to identify key information security risks that should be considered in broader enterprise-wide op risk
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