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A time of reflection: Five tips for Financial Services in 2019

OpenText Information Management

The New Year is upon us, and with it come new challenges and opportunities for the Financial Services industry.

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Industry Guide to Financial Services: What’s driving digital transformation across financial services institutions?

OpenText Information Management

To compete and succeed in today’s fast-changing business climate, banks, insurance companies and other financial services institutions (FSIs) need to have three priorities to contend with new technologies, new market entrants and new ways of working that are changing expectations for the industry. appeared first on OpenText Blogs.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company

Krebs on Security

(TSYS) is the third-largest third-party payment processor for financial institutions in North America, and a major processor in Europe. TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. NYSE:GPN ].

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Thereafter, in 2019, the department created a Cybersecurity Division to focus specifically on protecting industries and consumers from cyberthreats. regulator concerning the increasingly critical issue of cyberinsurance.

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New York Department of Financial Services Issues Guidance Regarding Life Insurers’ Use of External Consumer Data in Underwriting

Data Matters

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance.

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SAP April 2019 Security Patch Day addresses High severity flaws in Crystal Reports, NetWeaver

Security Affairs

SAP released the April 2019 Security Patch Day that is included 6 Security Notes, two of which address High severity flaws in Crystal Reports and NetWeaver. SAP released 6 Security Notes as part of the April 2019 Security Patch Day, two of which address High severity flaws in Crystal Reports and NetWeaver.