COVID-19 INSPIRED MOVE TO REMOTE AML WORKING HAS BOOSTED CYBER SECURITY IN PROFESSION
August 26th, 2023
Remote working boomed during the Covid-19 pandemic and seems set to stay. For AMLOs working outside of the office, multiple security risks abound but can be mitigated if the right procedures are in place and precautions taken.
The pandemic’s initial and fast push of AMLOs and other compliance professionals out of the office forced financial institutions to scramble to get in-house cyber security measures in place to ensure there were no network breaches. Post-pandemic, remote and hybrid work (some at the office, some at home) has continued, although the number ...
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