Thank you for posting Olaf Classen. A capital addition is not to be taken lightly, it demonstrates that Bafin does not believe that the company has

Andy Watkin-Child
November 24, 2023
Cybersecurity, Regulation & Compliance

Thank you for posting Olaf Classen. A capital addition is not to be taken lightly, it demonstrates that Bafin does not believe that the company has allocated enough capital to manage its operational risks.

One would expect any addition to reflect the potential impact of a systems failure wherever that comes from. In order that it can protect its customer and shareholders.

Ted Dziekanowski Brian D. McCarthy Rachel V. Rose, JD, MBA Bob Dix

#cybersecurity #cyberriskmanagement #regulatorycompliance

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Thank you for posting Olaf Classen. A capital addition is not to be taken lightly, it demonstrates that Bafin does not believe that the company has

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