Cyber risk and SSIs: Difference between pages

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''Operational risk management''.
Standard Settlement Instructions.


The risk of a failure of cyber security, or the potential consequences of such a failure.
These specify which named bank accounts are to be used for the receipt and payment of any settlement amounts, under a bank dealing [[mandate]].


Sometimes written 'cyberrisk'.
[[Category:Compliance_and_audit]]
 
 
<span style="color:#4B0082">'''''Single point of failure'''''</span>
 
:"An outage at a key supplier caused by a cyber breach could lead to significant damage to profit and even to reputation longer term.
 
:Treasurers should look at third parties and partners, and ask who the business is dependent on.
 
:Would a single point of failure represent a significant risk?"
 
:''The Treasurer magazine, August 2018, p13.''
 
 
 
==See also==
*[[Cyber security]]
*[[Cybercrime – A Threat And An Opportunity]]
*[[Cyber security: protecting your business and your clients]]
*[[Cybertheft]]
*[[Operational risk]]
*[[Outage]]
*[[Reputational risk]]
 
[[Category:Knowledge_and_information_management]]
[[Category:Financial_risk_management]]

Revision as of 22:39, 11 November 2013

Standard Settlement Instructions.

These specify which named bank accounts are to be used for the receipt and payment of any settlement amounts, under a bank dealing mandate.