C/T Group

The term "C/T Group" generally refers to a specialized team or department within an organization, particularly within the financial services, technology, or cybersecurity sectors, that focuses on Cybersecurity and Technology. The specific responsibilities and structure of a C/T Group can vary significantly depending on the organization's size, industry, and risk profile.

However, core functions typically include:

• Cybersecurity: Implementing and maintaining security measures to protect the organization's data, systems, and networks from cyber threats. This encompasses tasks like threat intelligence gathering, vulnerability assessments, penetration testing, incident response, security awareness training, and compliance with relevant security standards and regulations.

• Technology Risk Management: Identifying, assessing, and mitigating risks associated with the organization's technology infrastructure and operations. This involves developing and implementing policies, procedures, and controls to manage risks related to data privacy, business continuity, system availability, and third-party vendors.

• Technology Governance: Establishing and enforcing standards for technology acquisition, development, and deployment. This includes ensuring alignment with business objectives, adherence to architectural principles, and effective management of technology investments.

• Data Governance & Protection: Formulating strategies and policies that dictate how data is handled, stored, and protected throughout its lifecycle. Ensuring data integrity, availability, and compliance with data privacy regulations such as GDPR or CCPA.

The C/T Group often works closely with other departments, such as IT, legal, compliance, and internal audit, to ensure a holistic approach to risk management and security. They may also be responsible for monitoring emerging technologies and assessing their potential impact on the organization's security posture. In some instances, the C/T group might also be referred to as Technology Risk, Information Security, or a similar title reflecting its focus on technology and security.