How can legal leaders work with IT and cybersecurity experts to better protect financial institutions from cyber threats and prevent the kind of panic that occurred during the failure of Silicon Valley Bank and Signature Bank?
Senior Information Security Manager in Software, 501 - 1,000 employees
The second part of the question has nothing to do with security.As to the first part of the question, management needs to ensure that the information security team is adequately staffed with trained people and has the necessary budgets.
CTO, Cybersecurity in Finance (non-banking), 10,001+ employees
Recognizing that they are legal leaders and not cybersecurity or IT leaders.Content you might like
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AWS52%
Google Cloud9%
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Other (Please share below)4%
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417 PARTICIPANTS
To answer the first part of the question though, it’s important for legal, IT, cybersecurity, and others to work together to understand the regulations and compliance needs, which legal often understands more completely - especially the nuances of legalese, and then IT/CS can recommend tools, practices, policies, and procedures that might be required from their standpoint to meet those.