2021 Blog Financial Services Government 
erwin
JANUARY 7, 2021
Our predictions for 2021 are rooted in what we’ve learned from the past year and the relevance of data in getting us to where we are and where we need to go. AI-Fueled Data Governance: Artificial intelligence (AI) has been narrowly tied to the internet of things (IoT) with smart features like Alexa, Nest and self-driving cars.
IBM Big Data Hub
JUNE 7, 2022
Governments and regulatory bodies around the world are working to establish safety standards. The proposed rules aim to govern automated valuation models to protect borrowers. The proposed rules aim to govern automated valuation models to protect borrowers. In the U.S., This cannot be sustained by manual efforts.
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Data Matters
FEBRUARY 10, 2021
On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. 1 See W.B.
Data Protection Report
SEPTEMBER 28, 2021
On 10 September 2021, the UK Government published its consultation paper on proposals to reform the UK’s data protection regime. The deadline for responding to the consultation is 19 November 2021. On legitimate interests, the Government proposes disapplying the legitimate interest balancing test for certain activities.
IBM Big Data Hub
SEPTEMBER 27, 2022
Whether it be financial services, employee hiring, customer service management or healthcare administration, AI is increasingly powering critical workflows across all industries. In a 2021 study by the IBM Institute of Business Value , nearly 75% of executives ranked AI ethics as important, a jump from less than 50% in 2018.
Krebs on Security
JANUARY 25, 2022
Curiously, the fraudsters had taken out a loan in Jim’s name with MSF using his real email address — the same email address the fraudsters had used to impersonate him to MSF back in May 2021. 14, 2022 breach notification letter from tribal lender Mountain Summit Financial. . 16, 2021, the U.S. A portion of the Jan.
Data Matters
JUNE 24, 2021
On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity. 20, 2017).
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