Banking Technology Connections: August 7, 2012
August 7, 2012
In this week's articles, we see how India is suffering from some horrific power outages (see article "India had a major blackout"). Immediately we started thinking about vendor management programs. Risk Assessments need to be fluid enough to handle changes in the environment. Based on early reports, it appears that the power struggles in India will not be just a short-term problem. India will need significant time to upgrade the infrastructure to accommodate the population's needs.
If you or any of your vendors are outsourcing to India, your vendor management program should be updated to address this recently identified threat. Do your backup plans ensure that if the power issues continue or get worse, efficient transition to another vendor or solution is possible?
Interesting Articles of the Week
India had a major blackout, 600 million people affected
Are You Vulnerable? Sometimes a Good Hack Can Help
10 scariest hacks from Black Hat & Defcon.
Why More Banks Are Moving Toward EMV Adoption
Do you have an article that you would like to share with the group? Let us know and we will add it to the list! Did you miss a newsletter? Check out past newsletters here.
8/23/12 (Nashville, TN)
FMS: Managing Technology in Financial Institutions
9/7/12 (Bretton Woods, NH)
NH/VT Bankers Association: Annual Conference
9/7/12 (Marlborough, MA)
MA Bankers Association: 2012 Risk Managers Forum
9/9/12 (Verona, NY)
IBANYS: Annual Convention
9/12/12 (Atlantic City, NJ)
NJ Bankers Association: Senior Manager Conference
9/13/12 (East Greenwich, RI)
ISACA RI: Software (In) Security – The Problem
9/13/12 (Newport, RI)
Maine Bankers Association: Annual Conference
9/18/12 (Wisconsin Dells, WI)
Wisconsin Bankers Association: Technology Conference
10/17/12 (Marlborough, MA)
Massachusetts Bankers Association: IT Audit Training 2012
11/2/12 (Atlantic City, NJ)
NJ Bankers Association: BankHorizons
Do you have an event that you would like to share with the group? Let us know and we will add it to the list!
Questions? Interested in learning more about Wolf's IT Assurance and Security services?
Please contact Matthew J. Putvinski, CPA, CISA, CISSP, Member of the Firm and Director of IT Assurance and Security services, at (617) 428-5479 or firstname.lastname@example.org.
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