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Axio Joins with Cyber Risk Institute to Deliver Cybersecurity Resilience to Financial Services Institutions Across the Globe

Security Boulevard

New York, NY and Washington, DC — February 2, 2022 — Axio, a leading SaaS provider of cyber risk management and quantification solutions, today announced a new joint initiative with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations.

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Moody’s to Include Cyber Risk in Credit Ratings

Adam Levin

The American business and financial services company Moody’s will start factoring risk of getting hacked into their credit ratings for companies. The move is seen as part of a wider initiative to gauge the risk of cyberattacks and data breaches to companies and their investors. “We’ve Read more about the story here.

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GUEST ESSAY: Why internal IT teams are ill-equipped to adequately address cyber risks

The Last Watchdog

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams.

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Axio Joins with Cyber Risk Institute to Deliver Cybersecurity Resilience to Financial Services Institutions Across the Globe

CyberSecurity Insiders

NEW YORK & WASHINGTON–( BUSINESS WIRE )– Axio , a leading SaaS provider of cyber risk management and quantification solutions, today announced a new joint initiative with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations. Learn more at [link].

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3 Reasons Why CISOs are Prioritizing Cyber Risk Quantification

Security Boulevard

Recently, I was part of four conversations with security leaders across several industries – manufacturing, financial services, natural resources and healthcare – about some of the challenges they face with cyber risk management.

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Why Compliance Is No Longer King for Financial Services Cybersecurity

Dark Reading

Financial services companies' experience in risk management serves them well when it comes to minimizing their cyber-risk.

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Operational Resilience Regulations for Financial Services – The Role of CRQ

Security Boulevard

The Australian Prudential Regulatory Authority (APRA) is the latest financial regulator to release proposed regulations regarding operation resilience[i], prompting me to collect my thoughts on how a Balbix-style cyber risk quantification (CRQ) solution could help meet these regulatory obligations.