Mar 3, 2024 · Objective: To manage third-party ICT risks effectively, ensuring they are identified, assessed, and mitigated as part of the overall ICT risk ...

Mar 3, 2024 · Objective: To mitigate risks associated with outsourcing ICT services to third parties, ensuring the confidentiality, integrity, and ...

Conduct comprehensive risk assessments to identify and prioritize cross-border ICT risks. Develop and implement mitigation plans to address identified risks, ...

Mar 3, 2024 · The risk management function is responsible for assessing and monitoring third-party ICT risks. · The compliance function is responsible for ...

Establishing and implementing the ICT risk management framework. Overseeing the identification, assessment, and mitigation of ICT risks. Providing regular ...

Mar 3, 2024 · Pre-Contractual Assessment: · Review of security policies, procedures, and controls; Examination of compliance with industry best practices and ...

Objective: To ensure transparent and comprehensive documentation of ICT third-party services, enabling effective oversight and risk management. Governance ...

Objective: To ensure that financial entities have a comprehensive and effective framework for managing ICT-related risks. Governance Structure and ...

Mar 3, 2024 · Risk assessment: Conduct a comprehensive risk assessment of all ICT third-party service providers to identify and prioritize risks. The risk ...

Mar 3, 2024 · Vendor Risk Management: Implement a comprehensive vendor risk management program to assess and mitigate risks associated with ICT service ...