Cyber is just a ‘subset of operational risk’, CISO says
Information security should use same framework as op risk, Cyber Risk Europe delegates hear
Cyber security specialists should make use of banks’ existing operational risk frameworks, rather than setting up parallel structures focused solely on cyber, said the chief information security officer of Kleinwort Benson during a keynote address at Cyber Risk Europe today (June 15).
Speaking at the conference in London, Stephen Massey said cyber risks should be included in existing taxonomies and risk registers for classifying op risk loss events. This approach was more consistent and helpful
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