Cybersecurity: Are false positives real?

All alerts mean something, even if it's just that an employee needs more training. The threat of breach is constant, and those companies who make assumptions about alerts could be in big trouble.

Read the article "Cybersecurity: There's no such thing as a false positive" HERE.

On-line Course - Key Elements in Managing Operational Risk

Inadequate or failed internal processes, people and systems or external events are the key “risk drivers” in operational risk. These “risk drivers” are exceptionally wide-ranging and cover virtually every element of the operations in all forms of business and other organizations.

This on-line training course sets out a step-by-step approach in how to manage your operational risks, covering the fundamental steps required to identify, manage, and mitigate operational risks.

We cover key aspects of operational risk management including critical issues such as risk analysis, risk appetite, probability, impact, risk mitigation process, and prioritization.

Additionally we are also going to give you a great 10% course discount. Just use Coupon Code CITADEL10 when you register.

Sign up HERE for this course TODAY! 

Check out our other great on-line courses HERE

Grasping the Big Picture of the HSBC Outage

From PYMNTS.com

“Getting back to the grind after a few weeks of holiday fun and relaxation is tough for anyone. But for thousands of HSBC customers, the start of the new year was especially brutal as the bank’s online personal banking service was knocked offline amid technological glitches — a fiasco that lasted for two days and marked the second time in as many years that Europe’s largest bank found itself apologizing to customers for technological issues.”

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HSBC outage is the first bank IT fiasco of 2016 - unlikely to be the last

Bank IT meltdowns: HSBC online outage shows legacy IT concerns set to continue for UK lenders

From Computer World UK –

“Just days into 2016, HSBC has become the first bank to suffer a major IT outage. Millions of the bank's customers were unable to access online accounts this week, with services only now returning to normal after a two-day outage.”

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Regulators are scrutinizing HSBC over its huge banking glitch

From Business Insider –

“Regulators are scrutinising HSBC over the bank's two-day online banking outage that has prevented millions of customers from accessing their accounts.

A spokesperson from the Financial Conduct Authority told Business Insider:

“The FCA is in contact with HSBC regarding a recent IT issue. We will be working closely with the bank as it resolves the problem and to ensure there are steps in place to help consumers who are affected.”

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