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Weighing the Risks in Adopting BaaS

Posted June 23, 2020 in Data Analytics & Digital Technologies
Weighing the Risks in Adopting BaaS
Although many organizations’ IT departments have begun to focus on quickly adopting emerging technol­ogies, many of those organizations struggle to balance the need to deploy new technology with speed and agility while maintaining compliance with their organization’s traditional risk management frameworks. This struggle is why organizations adopting BaaS must shift from letter of the law (“box-checking compliance”) to spirit of the law (principles-based compliance) risk management (i.e., to risk-based methodologies whose foundational risk mitigation principles align with desired business outcomes).
About The Author
Timothy Virtue
Tim Virtue is a global cybersecurity, risk management, compliance, technology, and business executive with more than 20 years’ experience. He is founder and Managing Partner of TechView Partners, a strategy-focused cybersecurity and risk management advisory firm. Mr. Virtue is an industry veteran, previously holding several chief information security or chief security officer positions. He has extensive experience in various regulated industries… Read More
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