Financial Crime World

Enhancing Cyber Resilience: Dominican Republic’s Financial Institutions Take Proactive Approach

Santo Domingo, Dominican Republic - A Step Towards Safer Digital Future

In an effort to stay ahead of evolving cyber threats, financial institutions in the Dominican Republic are placing a high priority on risk management. To bolster their defenses against emerging online risks, these institutions recently participated in a specialized training session on IT Risk Assessment.

Empowering Financial Institutions with Cyber Resilience

Collaborative Efforts for Enhanced Security

The training program was conducted by Martin Indrek Miller, an expert from Cyber4Dev, in collaboration with Banco Central Republica Dominicano. The comprehensive session drew 130 participants from across the country’s banking and financial sector.

Key Takeaways from the Training Session

  • Essential Skills for Risk Identification: Participants learned how to identify and mitigate potential risks through a structured approach.
  • Understanding Critical Aspects of Risk Assessment: By grasping these critical aspects, institutions can enhance their cyber resilience and safeguard against emerging threats.
  • Building Robust Online Presence: The training program emphasized the importance of robust risk management in maintaining a secure online presence.

A Growing Recognition within the Industry

This initiative underscores the growing recognition within the industry that robust risk management is crucial for maintaining a secure online presence in today’s increasingly complex digital landscape.