🔐 Cyber Security Standards & Best Practices Securing Code. Fortifying Infrastructure. Empowering Trust. 📑 Prepared by ReBIT | Reserve Bank Information Technology Pvt. Ltd. The mission is clear: build a structured framework for cybersecurity in financial and digital ecosystems — one that goes beyond defense to become a critical enabler of stability, efficiency, and trust. ⚡ Key Insights from the Report 💸 The Cost of Cybercrime Global cybercrime losses now exceed USD 10.5 trillion annually (≈10% of global GDP). The financial imperative for strong cyber defenses has never been greater. 🧑💻 Securing Code Organizations adopting end-to-end secure coding protocols saw a 35% drop in exploitable vulnerabilities and higher resilience indices (+0.2–0.25 in benchmarks). 🏗️ Fortifying Infrastructure Zero-trust architecture + cloud-native security lowered breach probabilities by up to 40%. 📈 Empowering Efficiency & Trust Firms implementing holistic cyber hygiene frameworks achieved 15–18% IT efficiency gains. 💹 Cybersecurity as ROI & ROE Driver Enterprises with strong cyber integration → 12–15% ROI uplift Financial institutions with resilience measures → 200–250 bps ROE outperformance Upfront infra costs (+8–10% OPEX) deliver long-term dividends: lower volatility, fewer capital losses, stronger stakeholder confidence 🔎 The Strategic Imperative Cybersecurity is not a cost center but a strategic investment. In a digital-first economy, competitive advantage belongs to those who embed security into the very fabric of products, operations, and governance. 🚀 Securing code. Fortifying infrastructure. Empowering trust. That is the future of resilience. #CyberSecurity #DigitalTrust #Resilience #ROI #ROE #Efficiency #InfrastructureSecurity #ZeroTrust #FintechResilience #ReBIT Follow: Woongsik Dr. Su, MBA
Cybersecurity Standards by ReBIT: Securing Code, Infrastructure, Trust
  
  
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Why 43% of UK Firms Were Unprepared for DORA. (Inspired by the excellent analysis by Craig Sanderson, published in TechRadar). DORA (the EU's Digital Operational Resilience Act) is now in effect, and the data is startling: 43% of UK banks were still unprepared as the deadline hit. The hidden challenge isn't the policy; it's the infrastructure required to prove, beyond doubt, that systems can withstand and recover from severe cyber incidents. This exposes the fundamental flaw in traditional GRC: You can't be resilient if you can't prove your controls work continuously. Operational resilience requires new baselines built into core systems, not checking boxes after the fact. 🛡️ The Flywheel Solution: Codifying Resilience. Our GRC Automation Flywheel architecture directly addresses this DORA challenge by forcing continuous, verifiable resilience through code: -DORA Requirement: Systems must withstand and recover from severe failures. -Flywheel Solution: Our Remediator component executes instant, autonomous fixes via API calls. If a control fails, the system automatically returns to a compliant baseline, proving the ability to recover in real-time—a core demand of DORA. This approach eliminates the costly "guesswork" and regulatory friction. Resilience becomes a measurable metric, not a hope. What is the Biggest Infrastructure Weakness DORA is Exposing in your firm? #DORA #DigitalResilience #CyberSecurity #GRCAutomation #FinTechUK #OperationalRisk
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💡 𝔼𝕧𝕖𝕣𝕪 𝕕𝕚𝕘𝕚𝕥𝕒𝕝 𝕠𝕣𝕘𝕒𝕟𝕚𝕫𝕒𝕥𝕚𝕠𝕟’𝕤 𝕔𝕠𝕞𝕡𝕖𝕥𝕚𝕥𝕚𝕧𝕖 𝕒𝕕𝕧𝕒𝕟𝕥𝕒𝕘𝕖 𝕟𝕠𝕨 𝕣𝕖𝕤𝕥𝕤 𝕠𝕟 𝕠𝕟𝕖 𝕢𝕦𝕖𝕤𝕥𝕚𝕠𝕟: ℂ𝕒𝕟 𝕪𝕠𝕦 𝕡𝕣𝕠𝕥𝕖𝕔𝕥 𝕨𝕙𝕒𝕥 𝕪𝕠𝕦 𝕔𝕠𝕟𝕟𝕖𝕔𝕥? “CYBER” has become the corporate buzzword of the decade. Everyone’s “cyber something” now — cyber-resilient, cyber-aware, cyber-enabled. It’s the new “digital transformation,” except with more existential dread attached. But beneath the buzz lies a brutal truth: “cyber” is no longer a tech problem — it’s a business survival issue. 1. Cyber used to be the IT team’s problem — patch servers, stop viruses, move on. 𝙉𝙤𝙬 𝙞𝙩’𝙨 𝙩𝙝𝙚 𝘽𝙤𝙖𝙧𝙙’𝙨 𝙥𝙧𝙤𝙗𝙡𝙚𝙢. Regulators (from SEC to CBN) are explicitly tying cyber resilience to governance and disclosure obligations. If you can’t prove operational continuity after a breach, you’re not just hacked — you’re liable. Cyber has become the new currency of trust. 2. 𝙀𝙫𝙚𝙧𝙮 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙞𝙨 𝙙𝙞𝙜𝙞𝙩𝙖𝙡 𝙣𝙤𝙬, 𝙨𝙤 𝙩𝙝𝙚 𝙖𝙩𝙩𝙖𝙘𝙠 𝙨𝙪𝙧𝙛𝙖𝙘𝙚 𝙞𝙨 𝙞𝙣𝙛𝙞𝙣𝙞𝙩𝙚. ✅ Fintechs: exposed through open APIs and third-party rails. ✅ Banks: targets for credential stuffing and deepfake fraud. ✅ Healthcare, Education, Government: soft targets with priceless data. Add AI, IoT, and quantum computing to the mix, and you’ve got an ecosystem where every connected object is a potential Trojan horse. Cyber is now shorthand for digital fragility. 3. 𝙏𝙝𝙚 𝙋𝙚𝙤𝙥𝙡𝙚 𝙋𝙧𝙤𝙗𝙡𝙚𝙢: 80% of cyber incidents still come down to human error. Phishing. Weak passwords. Misconfigured cloud buckets. You can buy the best tech stack on earth, but if your people don’t have cyber awareness, your resilience score is zero. That’s why smart organizations now 𝐞𝐦𝐛𝐞𝐝 “𝐜𝐲𝐛𝐞𝐫 𝐡𝐲𝐠𝐢𝐞𝐧𝐞” 𝐢𝐧𝐭𝐨 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐜𝐮𝐥𝐭𝐮𝐫𝐞 — daily drills, scenario-based training, even gamified awareness sessions. 4. 𝘾𝙮𝙗𝙚𝙧 𝙞𝙨 𝙬𝙝𝙚𝙧𝙚 𝙩𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮 𝙧𝙞𝙨𝙠, 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙧𝙞𝙨𝙠, 𝙖𝙣𝙙 𝙧𝙚𝙥𝙪𝙩𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙧𝙞𝙨𝙠 𝙣𝙤𝙬 𝙞𝙣𝙩𝙚𝙧𝙨𝙚𝙘𝙩. A breach today isn’t just about data loss — it’s about market confidence, regulatory penalties, and shareholder trust. Boards now demand cyber assurance alongside financial assurance. That’s why frameworks like ISO/IEC 27001, NIST CSF, and the CBN’s CRF 2023 are table stakes. #SecureOurWorld #CybersecurityAwarenessMonth
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Unlocking Security Agility for a Leading Bank: How or solution transformed Risk Management In the world of enterprise finance, where compliance deadlines loom and cyber threats evolve by the minute, one major bank was drowning in firewall policy chaos. They were evaluating competitive solutions to streamline their security posture—but traditional tools just couldn't keep up with their cloud migrations and regulatory audits. We entered with AlgoSec: Our intelligent automation platform, paired with our expert managed services, delivered game-changing results in just 8 weeks. The Challenge: Manual policy reviews across 50+ devices eating up 8-10 hours/week. Compliance risks from orphaned rules and shadow IT exposures. Our Impact: AlgoSec' analysis identified and remediated 550+ risky rules, slashing breach exposure by 65%. Automated workflows cut policy change times from days to minutes, freeing the team for strategic innovation. Zero-disruption deployment across on-prem, AWS, and Azure—proving AlgoSec's edge over rigid competitors. The result? A fortified security operations center that's not just compliant, but proactive. We didn't just solve the pains—our solution empowered bank to lead in secure digital banking." If you're a security leader evaluating firewall orchestration tools, let's chat. Happy to share a quick tailored demo. #AlgoSec #Cybersecurity #BankingTech #RiskManagement #CloudSecurity
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Cybersecurity Investment: The Hidden Core of JPMorganChase’s $1.5 Trillion Security Plan Yesterday, JPMorganChase announced a $1.5 trillion Security and Resiliency Initiative, a 10-year plan designed to enhance America’s economic and digital strength, improving critical industries. While “cybersecurity” is only mentioned directly in one of the four pillars, investment in it quietly powers all of them. CEO Jamie Dimon emphasized urgency and scale: “Our security is predicated on the strength and resiliency of America’s economy… We need to act now.” Read all about it: https://lnkd.in/eBRvAvmJ #cybersecurity #cyberinsurance
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https://lnkd.in/e-n3-FRd Cyber Resilience: An Operational Imperative for Financial Institutions. Cyber resilience has become an operational necessity for financial institutions amid intensifying regulatory pressure. Regulators are no longer satisfied with prevention alone—they expect firms to withstand, recover from, and adapt to disruptions without compromising essential services. Ultimately this means that it is no longer optional—it’s a regulatory, operational, and strategic priority. Financial institutions that meet these expectations not only achieve compliance but build lasting trust and competitive advantage in an increasingly volatile landscape.
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SEBI's New Cyber Rules: Fortifying Markets, Raising Costs *** SEBI's new Cybersecurity Framework (CSCRF) mandates stricter governance, audits, and risk management for all regulated entities. It strengthens market security but imposes high compliance costs and challenges, especially for smaller firms. The rules also enforce full accountability for cloud services and strict data sovereignty. **SEBI Overhauls Cybersecurity Rules with New Framework, Posing Challenges for Smaller Firms** The Securities and Exchange Board of India (SEBI) has rolled out its comprehensive Cybersecurity and Cyber Resilience Framework (CSCRF), a sweeping set of regulations aimed at fortifying the Indian capital markets against an increasingly hostile digital landscape. The framework, effective from the 2025-26 financial year, mandates a significant upgrade in the security posture of all SEBI Regulated Entities (REs), from the largest stock exchanges to the smallest brokers. At its core, the CSCRF introduces a tiered system that categorizes entities based on their size and systemic risk, tailoring compliance obligations accordingly. Key mandates include the appointment of a dedicated Chief Information Security Officer (CISO), stringent timelines for vulnerability patching, and the mandatory creation of a Software Bill of Materials (SBOM) to mitigate supply chain risks. For larger entities, SEBI has introduced a "Cyber Capability Index" (CCI) to quantitatively measure and report their security readiness. While the move is seen as a critical step towards protecting investor data and ensuring market stability, it has sparked concerns about the high cost and operational burden of compliance. Smaller and mid-sized firms, in particular, face the challenge of investing in new technologies and hiring scarce, expensive cybersecurity talent. To address this, SEBI has directed the NSE and BSE to establish a shared Market-Security Operations Centre (M-SOC) to provide affordable, advanced threat monitoring for these smaller players. The framework also places the onus of accountability squarely on the regulated entities, even when they use third-party cloud services. It enforces strict data sovereignty, requiring that critical operations like encryption key management be handled within India. This has created new compliance hurdles for firms using global cloud providers. As the industry prepares for the first audit cycle under the new regime, the focus is on balancing the framework's ambitious security goals with the practical and financial realities faced by a diverse market. The successful implementation of the CSCRF will be crucial in safeguarding the integrity of one of the world's fastest-growing securities markets.
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☁️ 𝐓𝐡𝐞 𝐂𝐥𝐨𝐮𝐝 𝐓𝐡𝐚𝐭 𝐂𝐨𝐥𝐥𝐚𝐩𝐬𝐞𝐝: 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚’𝐬 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐅𝐢𝐫𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐅𝐫𝐚𝐠𝐢𝐥𝐢𝐭𝐲 𝐁𝐞𝐧𝐞𝐚𝐭𝐡 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 📉 It wasn’t a hack, but it might as well have been. On a late September evening, a lithium-ion battery fire ripped through 𝘚𝘰𝘶𝘵𝘩 𝘒𝘰𝘳𝘦𝘢’𝘴 𝘕𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘐𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘙𝘦𝘴𝘰𝘶𝘳𝘤𝘦𝘴 𝘚𝘦𝘳𝘷𝘪𝘤𝘦 (𝘕𝘐𝘙𝘚) 𝘥𝘢𝘵𝘢 𝘤𝘦𝘯𝘵𝘦𝘳 in Daejeon, disabling hundreds of critical government systems including taxation, digital ID, and postal banking. With core platforms offline, backups slow to respond, and manual procedures hastily deployed, the National Intelligence Service took no chances. It raised the national cyber threat level. The message was clear: failures in resilience now represent national security risks. 🧩 The fire destroyed 96 systems and disrupted over 600 government services, revealing major gaps in disaster recovery, fault-tolerant architecture, and cloud governance. What began as a physical incident quickly escalated into a cybersecurity concern. With digital identities, financial operations, and public registries compromised, the line between operational outage and cyber exposure became dangerously thin. The lack of active-active failover, regional distribution, and modern battery safety controls exposed the high risk of relying on centralized infrastructure for national digital continuity. 🚨 This incident highlights a critical truth: 𝐜𝐲𝐛𝐞𝐫 𝐫𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐦𝐮𝐬𝐭 𝐞𝐱𝐭𝐞𝐧𝐝 𝐛𝐞𝐲𝐨𝐧𝐝 𝐧𝐞𝐭𝐰𝐨𝐫𝐤 𝐚𝐧𝐝 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐥𝐚𝐲𝐞𝐫𝐬. Infrastructure safety, including battery chemistry, fire suppression, and zoned physical isolation, is now integral to continuity planning. Resilience is not just about having backups; it is about surviving severe physical events without collapsing. Failover must be automatic, not theoretical. Disaster recovery strategies must be designed for total facility loss, not just data corruption. Without this level of preparation, the next crisis, whether cyber or physical, will again find systems untested, over-trusted, and vulnerable. The integration of cybersecurity, facilities engineering, and operational governance must become a proactive standard rather than a reactive response. 💬 Has your organization tested its ability to withstand a full data center failure without manual intervention? What steps are you taking to connect physical infrastructure risk with your cybersecurity planning? [𝘴𝘰𝘶𝘳𝘤𝘦 𝘪𝘯 𝘵𝘩𝘦 𝘤𝘰𝘮𝘮𝘦𝘯𝘵] #digitalresilience #infrastructurerisk #cybersecurityinapac #cybersecurity #cyberriskmanagement
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🛡️ 𝗙𝗶𝗿𝘀𝘁 𝗧𝗿𝘂𝘀𝘁 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗘𝗧𝗙 (𝗖𝗜𝗕𝗥): 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗗𝗲𝗳𝗲𝗻𝘀𝗲 In an age where cyber threats are rising, cybersecurity is no longer optional — it's essential. That’s why POLICY holds the First Trust #Cybersecurity ETF (CIBR) — giving investors access to a high-growth, high-demand segment of the tech world. Since being added to the portfolio, CIBR has delivered a +𝟮𝟴.𝟬𝟳% share price gain, reflecting the global momentum behind data security and digital infrastructure. 𝗞𝗲𝘆 𝗙𝘂𝗻𝗱 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 📈 Share Price: $46.17 📈 Price Movement Since Purchase: +28.07% 💼 Expense Ratio: 0.59% 𝗧𝗼𝗽 𝗛𝗼𝗹𝗱𝗶𝗻𝗴𝘀 Broadcom Inc (9.6%) Cisco Systems Inc (8.5%) Crowdstrike (7.6%) Infosys Ltd (7.2%) Palo Alto Networks Inc (7.2%) 𝗪𝗵𝘆 𝗣𝗢𝗟𝗜𝗖𝗬 𝗛𝗼𝗹𝗱𝘀 𝗜𝘁 ✅ Direct exposure to one of the most critical growth sectors globally ✅ Balanced across global leaders in cybersecurity and infrastructure ✅ A timely theme aligned with digital transformation & AI adoption Through POLICY, Mauritian investors tap into global megatrends like cybersecurity — without having to pick individual stocks, and all in Mauritian rupees. #POLICY #Cybersecurity #FirstTrustETF #SmartInvesting #DigitalDefense #WealthStrategy #GlobalExposure #MauritiusInvestors
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Regulators in both New York and Europe just issued critical guidance on third-party cyber risk (& it's a wake-up call for every organization.) This week's compliance spotlight: • NY DFS releases expanded TPSP guidance (Oct 21): The New York Department of Financial Services has issued new guidance reinforcing that financial institutions remain fully accountable for cybersecurity compliance and operational resilience, even when relying on vendors or cloud providers. The letter urges active board-level oversight, stronger due diligence, and continuous monitoring of third-party service providers, including cloud, AI, and fintech vendors. • DORA enforcement intensifies (Oct 24): The European Securities and Markets Authority (ESMA) names cyber risk and digital resilience as a top EU-wide supervisory priority for 2026, signaling heightened scrutiny of financial firms’ ICT resilience and third-party risk management. The New Compliance Reality: Regulators on both sides of the Atlantic are sending the same message: you’re still responsible for your vendors. Vendor failures, cloud outages, and compromised APIs don’t just disrupt operations, they expose governance gaps. The era of static questionnaires and annual vendor reviews is over. Risk now moves at the speed of automation, and compliance must too. From Static to Continuous: Continuous, automated vendor assessments aren't just efficient, they're becoming the compliance baseline. Real-time monitoring catches risks before regulators (or breaches) do. Are you managing third-party risk in real-time, or are you playing catch-up with annual audits? #Compliance #ThirdPartyRisk #Cybersecurity
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