IBM Big Data Hub

AUGUST 1, 2023

With IBM Cloud for Financial Services , a first-of-its-kind cloud with built-in controls informed by the industry, we are working to help clients on their missions to mitigate this risk, positioning financial services and other regulated industries to host applications and workloads in the cloud in a secured environment.

Financial Services 69

Financial Services Computer and Electronics Cloud Digital transformation 69

Data Matters

MAY 4, 2022

He is one of the few lawyers who has led multiple global responses to data integrity attacks involving the financial services industry. appeared first on Data Matters Privacy Blog. The post Market Leading Cybersecurity and National Security Lawyers David Lashway and John Woods Join Sidley in Washington, D.C.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

Krebs on Security

JANUARY 25, 2022

” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C. “The reason is clear: Genuine tribal businesses are entitled to ‘tribal immunity,’ meaning they can’t be sued,” Bailey wrote in a blog post.

Financial Services 217

Financial Services IT Data breaches Authentication 217

Thales Cloud Protection & Licensing

NOVEMBER 27, 2018

The cybersecurity regulation ( 23 NYCRR 500 ) adopted by the New York State Department of Financial Services (NYDFS) is nearly two years old. The 2017 bill, the first of its kind, will be fully implemented as of March 1st, 2019. Even though these regulations only apply to New York, financial institutions across the U.S.

Cybersecurity 72

Cybersecurity Financial Services Encryption Data Privacy 72

The Last Watchdog

SEPTEMBER 7, 2022

Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. In fact, ransomware-as-a-service is alive and well, educating would-be offenders on how to undertake an attack and even offering customer support.

Ransomware 124

Ransomware Education Phishing Financial Services 124

The Last Watchdog

DECEMBER 6, 2018

In the same vein, businesses at large can use the intelligence cycle as a model to detect and deter any attacks coming from foreign intelligence services. Per a 2017 CNN source , nearly 100,000 agents from as many as 80 nations operate within the United States with the intention of targeting businesses to gain access to key U.S.

Security 149

Security Financial Services Manufacturing Data collection 149

Data Matters

JUNE 24, 2021

In September 2017, then-SEC Chairman Jay Clayton issued a public statement that provided an overview of the SEC’s approach to cybersecurity and underscored it as a priority for the SEC. 20, 2017). Companies should regularly assess compliance with current policies and procedures to confirm the effectiveness as adequate controls.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

CGI

JUNE 19, 2017

Mon, 06/19/2017 - 02:00. Every year at CGI, we conduct research on the services banks offer their customers - whether consumers or corporates - comparing the customer’s perspective with that of the bank’s. In this first blog on the research, I’m pleased to share some of the highlights. harini.kottees…. Add new comment.

Financial Services 40

Financial Services Cybersecurity Retail Marketing 40

IT Governance

NOVEMBER 9, 2018

This blog examines these new requirements and how they will affect organisations. Profiling is most often used for marketing purposes, but it is also used in other areas, such as healthcare, financial services and education, where large volumes of data need to be analysed in order to make quicker and more consistent decisions.

GDPR 88

GDPR Personal data Financial Services Compliance 88

CGI

JANUARY 6, 2018

However, CGI’s 2017 Global Financial Consumer Survey results reveal the ongoing need for banks to remain vigilant in keeping pace with evolving consumer expectations. In 2017, we surveyed 2,250 consumers across the U.S., Blog moderation guidelines and term of use. Sun, 01/07/2018 - 01:48. Provider preferences.

Financial Services 40

Financial Services Risk Marketing Access 40

Data Matters

SEPTEMBER 20, 2018

Office of the Comptroller of the Currency (OCC) announced its decision (the Fintech Charter Decision) to begin accepting applications from financial technology (fintech) companies for special purpose national bank charters. The Fintech Charter Decision is discussed in greater detail in a prior Sidley Banking and Financial Services Update.

Financial Services 68

Financial Services Paper Marketing Privacy 68

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective. Third-party service provider risk management program.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

CGI

FEBRUARY 16, 2018

As mentioned in my previous blog , consumers across the globe are increasingly interested in FinTech-fueled innovative services, but also much more open to going to other providers beyond their current primary banks, if necessary, to get them. Blog moderation guidelines and term of use. Fri, 02/16/2018 - 02:11. Open banking.

Financial Services 40

Financial Services Marketing Access IT 40

Data Matters

MAY 27, 2021

require communications made to e-money customers and payment service or e-money promotions to be accurate and not emphasize any potential benefits of a payment service or e-money product (e.g., The FCA has noted that its rules under BCOBS 2.3 lack of FSCS protection).

Marketing 68

Marketing Communications Compliance Financial Services 68

Data Matters

JANUARY 25, 2018

United Shore Financial Services, LLC , the plaintiff filed a putative class action against United Shore Financial Services (United Shore) and Xerox Mortgage Services, Inc. 15-12639, 2017 BL 301590, at *4 (E.D. In Leibovic v. See Order, Leibovic v. United Shore Fin.

Data breaches 60

Data breaches Communications Financial Services Privacy 60

CGI

JANUARY 12, 2017

Fri, 01/13/2017 - 01:45. This is the final blog in my three-part series on the disruptive impact of financial technology (FinTech) firms on today’s banks. As FinTechs increasingly invest in these services, they’re posing a real threat to the customer bases and revenues of traditional banks. .* Recommendations for banks.

Financial Services 40

Financial Services Education Marketing Risk 40

CGI

JUNE 23, 2017

Fri, 06/23/2017 - 07:27. Every year at CGI, we conduct research on the services banks offer their customers—whether consumers or corporates—comparing the customer’s perspective with that of the bank. In this first blog on the research, I’m pleased to share some of the highlights. Blog moderation guidelines and term of use.

Financial Services 40

Financial Services Cybersecurity Retail Marketing 40

eDiscovery Daily

FEBRUARY 26, 2019

Now, Tom has written another terrific overview regarding blockchain and legal technology titled Understanding Blockchain and its Impact on Legal Technology that we’re happy to share on the eDiscovery Daily blog. Tom’s overview is split into six parts, so we’ll cover each part separately. Part one was Monday, here’s the second part.

Blockchain 46

Blockchain IT Computer and Electronics Healthcare 46

CGI

JANUARY 12, 2017

Fri, 01/13/2017 - 00:36. As first mentioned in part 1 of this three-part blog series, the rise in financial technology (FinTech) firms is having a disruptive impact on today’s banks, threatening their customer base and revenue through the launch of new digital services. Blog moderation guidelines and term of use.

Financial Services 40

Financial Services IoT Risk Insurance 40

IT Governance

APRIL 2, 2019

T he pensions firm ’s campaign, which took place between October 2016 and October 2017, violated the PECR (Privacy and Electronic Communications Regulation s ). . With this service, an independent assessor review s your processes and deliver s a detailed report , showing you how to resolve any areas of non-compliance. .

Marketing 68

Marketing Personal data GDPR Compliance 68

Thales Cloud Protection & Licensing

NOVEMBER 2, 2017

The conference features a variety of topics and sessions regarding all aspects of financial services, from cryptocurrency to banking. Three topics that piqued my interest at the 2017 show included authentication, blockchain and digital payments. Authentication. Payments Race.

Blockchain 63

Blockchain IT Authentication e-Delivery 63

Data Matters

APRIL 11, 2022

The Cyber Security Law (2017) (the CSL ) prohibits operators of critical information infrastructures ( CIIs ) from transferring their “important data” and personal information outside of China. appeared first on Data Matters Privacy Blog. The concept of “important data” is a cornerstone of China’s data regulatory regime.

Military 88

Military Artificial Intelligence Security Financial Services 88

Data Matters

JANUARY 2, 2018

In November 2017, the Supreme Court heard oral arguments in Carpenter v. The General Court of the EU is now considering the validity of the Privacy Shield in a case brought by La Quadrature du Net and others (with a second case brought by Digital Rights Ireland being dismissed for lack of standing in November 2017).

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

Data Matters

NOVEMBER 13, 2017

18, 2017, the Consumer Financial Protection Bureau (CFPB) released a set of consumer protection principles (Principles) designed to protect consumer interests in the market for services built around consumer-approved use of financial information. Security practices should be adapted to new risks and threats. The post U.S.

Financial Services 60

Financial Services Privacy Access Marketing 60

CGI

FEBRUARY 21, 2017

Wed, 02/22/2017 - 01:58. Today's digital world of multi-dimensional, organized criminal threats ruthlessly exposes the weak points in any financial institutions anti-financial crime (AFC) defences. But, as criminals increase their use of enhanced tactics for financial crime, how do you ensure your AFC defences keep pace?

Customer Experience 40

Customer Experience Financial Services Analytics Risk 40

CGI

MAY 15, 2018

For the past two years, CGI has seen an exponential uptick in commercial sector interest in blockchain beyond just the financial services industry. See a related blog by my colleague Sean Curry titled, “ Blockchain: Should federal agencies use it? ”). In July 2017, over 100 U.S. Tue, 05/15/2018 - 06:29. Add new comment.

Blockchain 40

Blockchain Government Digital transformation Consumer Services 40

CGI

FEBRUARY 21, 2018

I recently shared my thoughts on the Top 5 business changing IT trends from 2017. In other words, an oil and gas company may be able to find more long-term opportunities by looking at operations and innovation in the financial services industry than at their nearest competitor. Blog moderation guidelines and term of use.

Blockchain 40

Blockchain Artificial Intelligence Digital transformation Financial Services 40

CGI

JULY 10, 2018

After coming in second in 2017, “innovating and creating new products and solutions” broke through as the top issue this year. Blog moderation guidelines and term of use. From 2012-2016, attendees listed the regulatory environment as their number one concern. Since then, however, banks have become more focused on innovation.

Digital transformation 40

Digital transformation Artificial Intelligence Customer Experience Retail 40

CGI

MAY 15, 2018

After coming in second in 2017, “innovating and creating new products and solutions” broke through as the top issue this year. Blog moderation guidelines and term of use. From 2012-2016, attendees listed the regulatory environment as their number one concern. Since then, however, banks have become more focused on innovation.

Digital transformation 40

Digital transformation Artificial Intelligence Customer Experience Retail 40

Data Matters

MARCH 23, 2020

On March 5, 2020, the Office of the Comptroller of the Currency (OCC) issued an updated set of answers to frequently asked questions (FAQs) 1 regarding risk management in national bank relationships with third parties to further supplement its 2013 guidance, OCC Bulletin 2013-29 (the Bulletin), 2 and its 2017 FAQs (Prior FAQs) on the topic.

Risk 68

Risk Cloud Compliance Marketing 68

Data Matters

FEBRUARY 25, 2021

Brexit triggered a significant onshoring of legislation to ensure that the UK continued to have a functioning financial services regulatory regime. The post UK FCA Consults on Changes to Strong Consumer Authentication, Dedicated Interfaces, and Guidance on Payment Services appeared first on Data Matters Privacy Blog.

Authentication 68

Authentication Paper Risk Insurance 68

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

Insurance 70

Insurance Cybersecurity Risk Education 70

Data Matters

AUGUST 5, 2019

Furthermore, although entities that already comply with the breach notification requirements under certain state or federal laws (such as the Health Insurance Portability and Accountability Act (HIPAA), the New York Department of Financial Services cybersecurity regulations (23 N.Y.C.R.R.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

Thales Cloud Protection & Licensing

JULY 24, 2018

Of those organizations, 57 percent have been breached in the last year – a number that is three times the rate of just two years ago (in our 2016 report, 18 percent reported a breach within the last year, and in our 2017 report, 34 percent reported a breach within the last year).

Encryption 48

Encryption Cloud Data breaches Government 48

Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment.

Marketing 87

Marketing Government Financial Services Artificial Intelligence 87

Security Affairs

MAY 24, 2023

Iran-linked threat actor Tortoiseshell targeted shipping, logistics, and financial services companies in Israel with watering hole attacks. The trick to use domain names impersonating jQuery was observed in a previous Iranian campaign from 2017. We are in the final!

Financial Services 82

Financial Services Security Cybersecurity IT 82

Security Affairs

APRIL 30, 2020

ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups. The detailed technical analysis of PerSwaysion operations and attack scheme is available in Group-IB’s blog post.

Phishing 94

Phishing Financial Services Cloud Authentication 94