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Cybersecurity: Step by Step

Thursday, February 20, 2020   (0 Comments)
Posted by: Louise Haas
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Mortgage banking firms serious about managing cybersecurity risk must consider a variety of factors across the organization, including processes, equipment, facilities, human capital/people, industry knowledge, skills, and the use of third-party service providers. Doing so means there must be a commitment to having a robust risk-management technology solution that combines both internal controls and regulatory compliance that adequately encompasses these factors. Having such a technology solution is a critical lynchpin toward creation of a culture within the organization and amongst third-party service providers focused on understanding and managing cybersecurity risk and embracing necessary internal controls.