Data Security - Five Common Mistakes

Even before the pandemic, data breaches were a common occurrence, with prominent companies suffering attacks that were regularly reported and analyzed. They have continued to surge, and data security is at the top of every organization’s mind. 

Due to the changing threat landscape as a result of a hybrid-remote working model that has created a wider attack surface, threat actors are increasingly successful in gaining access to sensitive data, and organizations are still struggling to implement adequate data security practices to avoid breach. 

Many of these organizations still tend to make critical mistakes with regards to data security that, if left unaddressed, can lead to drastic consequences for the entire business.

Check out the five common mistakes we all make HERE.

Common Mistakes When Addressing Data Security

Are you a small business owner? Can you manage the operational risks in your business?

6 January 2021 - 10:00 AM PDT / 1:00 PM EDT / 5:00 PM UK

How can you manage your business successfully if you do not know anything about all the uncertainties that could make you fail?

Your operational risks are often vague and seemingly difficult to quantify but operational risk affect your people, process and systems and they are going to cause you to fail if you don’t identify and deal with them.

The size of your business or firm does not matter. If you have business objectives there are risks which will affect your ability to achieve them.

Yes, sure, you have locks on your doors, and possible have an alarm system. You have a sprinkler system; you have probably bought fire insurance too, and you may also have liability insurance. You are already dealing with some of your operational risks BUT WHAT ABOUT THE ONES YOU HAVEN’T THOUGHT ABOUT YET?

Do you have a system to identify, prioritize and manage your operational risks effectively? You do not need to control every risk; you just have to prioritize and do something about the ones that affect your objectives and could cause you the most damage.

Strange as it may sound everyone in your firm already knows where your risks are. The people who do the work generally know where the risks are, specifically in the tasks that they do – BUT they may not be aware of the true implications of those risks – and neither may you.

Our Online Mini-Course “Managing Operational Risk in a Small Business” is designed for small and medium sized organizations. It presents you with a structured approach for identifying, assessing and managing those risks.

Just give us 90 minutes of your time and a payment of a really LOW fee and the secrets of successful Operational Risk management are yours. 

6 January 2021 - 10:00 AM PDT / 1:00 PM EDT / 5:00 PM UK

Details HERE

Register HERE

 

Keep up-to-date about our growing range of Online Mini-Courses, Training Programs, Webinars and Live Events

Join our mailing list and get updated on our increasing range of Online Mini-Courses, Training Programs, Webinars and Live Events in the Governance, Risk Management and Compliance space.

 

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Online Mini-Courses

For almost 19 years Citadel Advantage has been producing high quality training courses aimed at the Governance, Risk Management and Compliance space.

We have and continue to offer a wide & comprehensive range of professional courses and training programs in the core areas of governance, compliance, operational risk management, payment & treasury systems, fintech, blockchain and operations/back office management. Our programs are mostly 2-day units with some 1-day units for shorter topics. Some programs are more involved and can run for 3, 4 or even 5-full days.

In recent times and especially since the COVID-19 crisis emerged some 6 months ago, there has been a growing demand for online programs that are much shorter and that get to heart of these issues, providing all the information you need in much shorter sessions of between 60 and 90 minutes.

With this in mind, Citadel Advantage is happy to introduce our Online Mini-Courses - short, to the point sessions that get to the nub of the issue, giving you all the information that you need at your office or home at a fraction of the cost of the typical two-day program. 

MANAGING OPERATIONAL RISK IN A SMALL BUSINESS - Click  HERE

THE A TO Z GUIDE TO MANAGING OPERATIONAL RISK - Click HERE

In-house training

Have you ever considered going IN-HOUSE for your professional training needs?

The benefits are substantial. You can check them out HERE.

Check out available courses HERE.

• Need something specifically to cater to your company's needs?
• Need more information?

Contact us at courses@citadeladvantage.com

Citadel Advantage's Richard Barr in Amsterdam (January 2020)

Blockchain Essentials: An quick look at key IBM Blockchain solutions

Dave Gorman from IBM Global Blockchain Engagement, discusses what IBM Blockchain has been up to in the blockchain space by industry. Explore some of the blockchain industry applications.

Blockchain Unmasked

By Stanley Epstein

"For many of us, as we advance further and further into this new digital world, we are assailed by a plethora of new technologies, new terms, new ways of thinking and new ways of processing transactions.

One of these technologies is the blockchain.

Few people really understand what the blockchain is, but banks, financial institutions, IT organizations, consultants and even the general public are all abuzz about blockchain technology and how it is going to revolutionize finance."

To read the rest of this article please visit ILLUMEO's Blog >> HERE

Why risk management is SO important

Check out our range of In-person and On-line training courses HERE

Do you still have training budget for 2019?

September is already here – 2019 is beginning to run down. Before we know it December will be upon us.

I have two simple questions for you.

• Did you achieve all you set out to do in 2019?
• Do you still have budget left for 2019 training?

There is still time to reach those corporate and personal goals and targets before the year draws to a close.

Citadel Advantage provides a full range of specialist training courses covering Fintech, ERM, Operations Risk, Business Continuity, International Trade Finance, Securities Settlement ...and many more.

All our training programs are also available for In-House delivery.

While the benefits of in-house training are obvious, all too few of us ever explore that option. I would like to extend a personal invitation to you to discuss our various in-house training options.

In-house courses and workshops can be customized to ensure that they meet your unique needs.

Your staff is your greatest asset. In-house training allows you to minimize costs while increasing its effectiveness and impact on your staff. If you thought in-house training was just for the other guy or that your institution was too small, think again! We'll come to you, wherever and whenever you need.

Your team needs training. Why not hold a private course? You will find that our programs exceptionally cost effective - and what could be more important in these financial times. In-house training makes more than common sense, it makes economic sense.

All our public courses are available as in-house courses. For a full range of what we offer please see our course catalogue at http://www.citadeladvantage.com/catalog.htm

Additionally we are also able to tailor our courses to your company's / banks specific requirements. We'll work with you to develop either a one-time or a long-term training program.

For a detailed needs analysis and quotation, please e-mail Citadel Advantage at courses@citadeladvantage.com

NEW On-line Course from Citadel Advantage

INTERNATIONAL TRADE - PART 2: PAYMENT INSTRUMENTS

Join Citadel Advantage’s Stanley Epstein in this ILLUMEO on-demand training course.

This course provides a comprehensive foundation for understanding all aspects of International Trade in a global context. This is the first of four-part collection, covering the key principles, concepts, infrastructures, practices, issues, and current developments in the world of International Trade Finance.

Part 2 of the course covers:

• The key concern in International Trade in providing a safe conduit for the transfer of ownership of the shipment in return for payment.
• A comprehensive examination of the different payment Instruments that may be used to settle International Trade transactions, including the process, the advantages/disadvantages and the risks attached to each.

 For Details & Registrations

FinTech for Non-IT Professionals (a 2-day course)

Technology is changing finance

From start-ups all around the world, entrepreneurs are applying their creativity and technical ingenuity all along the financial services value chain.

This wave of innovation promises a FinTech revolution that will change financial services for ever. For consumers and business alike there is the promise of vastly improved financial services.

Consumers will get more choices and keener pricing. Small and medium sized businesses will gain access to new forms and lines of credit. Banks productivity will increase, transaction costs will come down, operational resilience will be better.

All this will lead to a more resilient financial system with greater diversity, redundancy and depth.

Most importantly financial services will become more inclusive, while people will become better connected, more informed and increasingly empowered.

If you want to keep up-to-date in the fast changing FinTech scenario you need to understand what it is all about. And if you are a non-IT professional you need this information presented in clear non-technical terms.

This two day unique training course offers a comprehensive introduction to FinTech for Non-IT Professionals, what FinTech is all about and how it is changing financial, banking and commercial systems and the world.

Bricks & mortar don't matter anymore

During the course we will explore FinTech components in terms of a wide range of issues, which include;

• Individual innovation clusters within each function.
• An analysis of the current state of business models and processes.
• Examining key innovations in terms of their characteristics and the implications of their use.
• Look at some current examples of actual innovations.
• Discuss potential outcomes.
• Where appropriate, we will include a case study.

Who should take this course?

Senior management, executives or directors within the financial services, banking, and insurance sectors, as well as those working in e-commerce, management consulting, or within a tech startup. Specific roles that would benefit include: tech entrepreneurs, senior business directors, managing directors (specifically CIOs and COOs), senior analysts, senior developers, business unit directors, bankers, product managers, senior software or app developers, business development managers, finance professionals, and digital strategists operating in the finance sector.

Teaching Method

This is a highly interactive course comprised of presentations, case studies, multidirectional discussions and comprehensive exercises.

Most importantly it will offer participants, opportunities to plan such work within small working groups, providing practice in the application of the techniques and tools generating active participation.

Learning Objectives

Learn all about Bitcoin

• Discover the full scope of FinTech.
• Explore the key FinTech development & implementation issues.
• Recognize the access issues for consumers and businesses.
• Discover how operational costs can be reduced and efficiency increased.
• Explore data sharing and transparency in the light of data security and protection needs.
• Explore actual case studies.

For training session details or to arrange In-House training sessions please e-mail us at courses@citadeladvantage.com

On-Demand Training Course - Key Elements in Managing Operational Risk

This course sets out a step-by-step approach 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.

DETAILS & REGISTRATION>>

On Demand Course - Business Continuity Planning - Understanding the Risks and Rewards

Join Citadel Advantage’s Richard Barr in this ILLUMEO on-demand training course.

From the smallest business venture to the largest, all businesses face a range of operating challenges for a wide range of complex issues, including events that have not happened yet--or may never happen. One of the most crucial objectives of management is to learn how to deal with Business Continuity Planning and Implementation.

For Details & Registrations>>