Dan’s response to incoming questions. . .
Another one of those Dan’s New Leaf Posts, meant to inspire thought about IT Governance . . . .
It’s about residual risk.
A lot of people lately have been asking me if the world is on fire now that Russia is trying to attack us from a cybersecurity perspective. (Now?)
And the last question, from a friend, was more pointed: “should I be moving my money from my bank to my mattress?”
My response: “only if you want prove to me, yet again, how dumb you are.” (He was one of THOSE old college buddies).
The point being: yes, the inherent risk is going up. But, to me, where before we were bringing inherent risk from eleven down to a three, now we’re bringing inherent risk from a twelve or thirteen down to…
Banks should be proud of themselves, and we should also thank our examiners and auditors.
Safety is, always was, and always will be, the reason community-based banks are the anchor of American culture.
Original article by Dan Hadaway CRISC CISA CISM. Founder and Managing Partner, infotex
Dans New Leaf is a fun blog to inspire thought in the area of IT Governance.