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Digital Preservation -- High Stakes for Finance and Insurance Companies

AIIM

Nowhere is this truer than in the financial services sector. In a recent AIIM survey, 85% of finance and insurance executives said that digital preservation was “important” or “very important” to their organizations – even higher than the 77% reported in other industries.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

Strategies include: Developing a comprehensive, defense-in-depth plan Technical controls all organizations should consider Gotchas to watch out for with cybersecurity insurance Benefits of implementing new-school security awareness training Best practices for creating and implementing security policies Get the E-Book now!

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How women are leading with data in Spain

Collibra

In partnership with the Women of Collibra Employee Resource Group, we asked these two data governance professionals about their beginnings in the data industry, what it is like to become a Collibra Ranger and what can be done to promote more women in the field. Laura : Senior Consultant for the Data Governance practice.

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CyberheistNews Vol 13 #22 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks

KnowBe4

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

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The blockchain bowling alley: How distributed ledger technology goes mainstream

CGI

What’s more, it’s poised to spill over from financial services into a wide range of industries. Another use case is the insurance claims process where a blockchain could document property insured and pay claims more quickly. This year will be the test of whether pilots can be turned into production. Add new comment.

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Ransomware Protection in 2021

eSecurity Planet

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of small businesses have experience with ransomware ( IBM ). Preventing ransomware. Description. Staff Awareness. Statistics.