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Accountability for a data breach

Cyber breaches have become an everyday threat for financial institutions, and with the threat coming both internally and externally, accountability remains an open question. OpRisk investigates exactly who is responsible within a financial institution when a cyber breach occurs

A finger pointing like Lord Alan Sugar does on the BBC show The Apprentice

In March 2013 the US Senate Select Committee on Intelligence named cyber risk as its top global threat. The committee said that the global system was dealing with uncertainty and doubt in the face of new and unpredictable cyber threats. The report pointed out that within the past year, there has been a denial-of-service campaign against the public websites of multiple US banks and stock exchanges

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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