Risk-based cybersecurity

Risk-Based Cybersecurity In Finance: Step By Step Guide

A recent letter drafted by the Financial Services Roundtable (FSR) and sent to financial services companies promotes a risk-based cybersecurity approach. Noting the diversity of institutions, the FSR proposes moving away from imposing rigid requirements on all firms; and instead, holding individual firms accountable for customizing cybersecurity programs that align with their risk profile.