همفکران فناوری شریف
1Introduction
Financial institutions increasingly rely on third parties for cloud, software and data processing. In December 2023 the FSB issued a toolkit to enhance third-party risk management and oversight.
2Discussion
It advises identifying critical services, mapping the technology supply chain, planning for disruption and exit, and reporting incidents.
3Conclusion
In 2019 the FSB had warned that cloud concentration among a few large providers could create common vulnerabilities. Outsourcing a service does not outsource responsibility for its risk.
Sources
- FSB — Enhancing Third-Party Risk Management and Oversight: A toolkit, December 2023 ↗
- FSB — Third-party dependencies in cloud services, December 2019 ↗
همفکران فناوری شریفThis article summarises the official sources cited, prepared by the Hamfekran Fanavari Sharif team for finance leaders.
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