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