DLA Piper Privacy Matters

AUGUST 8, 2023

Such regulated processing activities mainly include those carried out in the following business areas: monetary policy, cross-border RMB transactions, inter-bank transactions, comprehensive financial industry statistics, payment and clearing, currency management and digital RMB, treasury management, credit collection and anti-money-laundering.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

Data Breach Today

OCTOBER 16, 2019

How can financial services institutions better protect employee passwords? One of the most common threat vectors plaguing financial services institutions is the employee password.

Financial Services 125

Financial Services Passwords Risk 125

Data Matters

FEBRUARY 25, 2022

Sidley and OneTrust DataGuidance are pleased to announce that registration is now open for their annual Data Protection in Financial Services (DPFS) Week. Join us from February 28 – March 3 for DPFS Week 2022 , a series of webinars looking at the impacts of data privacy across the financial sector.

Financial Services 103

Financial Services Privacy Data Privacy Cybersecurity 103

OpenText Information Management

FEBRUARY 6, 2023

consumer duty for the financial services industry appeared first on OpenText Blogs. This often happens to consumers when, for example, reviewing details about a new car lease or opening a new investment account. To start, the length of a car lease … The post Customer first: New U.K.

Financial Services 59

Financial Services Customer Experience Retail Cloud 59

Data Matters

MAY 8, 2023

Critical ICT third-party service providers, who are providing services to regulated financial entities, will also be directly regulated under DORA and subject to regulatory supervision by a regulator to be established under DORA (a so-called ‘Lead Overseer’).

Financial Services 97

Financial Services Communications Cybersecurity Privacy 97

AIIM

DECEMBER 1, 2020

It’s no secret that the continuing coronavirus pandemic has disrupted businesses everywhere, and the financial services industry is no exception. Indeed, the financial services industry is at a tipping point—either disrupt or get disrupted. The industry is being transformed.

Financial Services 104

Financial Services Digital transformation Marketing IT 104

Data Breach Today

APRIL 1, 2024

Prove's Mary Ann Miller on Strategies for Stronger ID Verification The banking and financial services industry will see a growth in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive advisor with Prove.

Financial Services 281

Financial Services 281

OpenText Information Management

MAY 1, 2019

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.

Financial Services 69

Financial Services Digital transformation Insurance Marketing 69

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP. Read the full IDC Vendor Spotlight here.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

IBM Big Data Hub

MAY 23, 2023

The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services. What is the IBM Cloud Framework for Financial Services?

Financial Services 67

Financial Services Cloud Compliance Risk 67

Data Breach Today

NOVEMBER 10, 2023

The LockBit Ransomware Operation May Have Exploited Citrix Bleed A ransomware attack affecting the New York financial services subsidiary of the Industrial and Commercial Bank of China resulted in disruptions to the U.S. Close observers of the criminal underground say ransomware-as-a-service group LockBit is responsible.

Ransomware 288

Ransomware Financial Services Marketing 288

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 265

Risk Financial Services Cloud Privacy 265

OpenText Information Management

OCTOBER 5, 2020

In January, I wrote a predictions blog that said the priorities of the financial services industry would not change greatly over the next 12 months!

Financial Services 83

Financial Services Insurance 83

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. That is why criminals have historically chosen to focus on this industry over the years, with organized crime evolving into organized cybercrime. Thu, 09/01/2022 - 05:15. Malware and ransomware attacks increase.

Financial Services 62

Financial Services Cybersecurity Computer and Electronics Cloud 62

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 240

Risk Financial Services Cloud Privacy 240

OpenText Information Management

JANUARY 6, 2020

For 2020, we’re going to see financial services companies accentuate and accelerate the priorities of recent years. Financial Services and Insurance organizations will continue … The post Information Advantage for Financial Services in 2020 appeared first on OpenText Blogs.

Financial Services 83

Financial Services Insurance 83

KnowBe4

OCTOBER 9, 2023

While industries like financial services and healthcare tend to dominate in IT attacks, the tables are turned when looking at Operational Technology (OT) cyber attacks – and the energy sector is the clear “winner.”

Financial Services 91

Financial Services Cybersecurity IT Phishing 91

Security Affairs

NOVEMBER 10, 2023

The Industrial and Commercial Bank of China (ICBC) suffered a ransomware attack that disrupted trades in the US Treasury market. The Industrial and Commercial Bank of China (ICBC) announced it has contained a ransomware attack that disrupted the U.S. ” reported the Financial Times. ” reported the Financial Times.

Ransomware 91

Ransomware Financial Services Marketing Authentication 91

IBM Big Data Hub

JUNE 17, 2019

Financial services organizations face considerable challenges today. From regulatory changes to globalization to shifting customer expectations, the urgent need to re-engineer outdated systems to better manage vast amount of data can apply additional pressure.

Financial Services 67

Financial Services 67

Dark Reading

DECEMBER 7, 2021

More than two-Thirds (69%) of respondents believe an attack on their storage & backup environment will have "significant" or "catastrophic" impact.

Financial Services 100

Financial Services Security 100

IBM Big Data Hub

JULY 31, 2023

We already covered how mainframe modernization isn’t just for the financial industry , so why not address the elephant in the room? The world’s biggest modernization challenges are concentrated in the banking industry. And the beating heart of financial institutions is the IBM mainframe.

Financial Services 51

Financial Services Digital transformation Computer and Electronics Analytics 51

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Labelled Industry 4.0, Labelled Industry 4.0, Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. Thu, 11/05/2020 - 06:52.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times. lynsey.lawson@….

Financial Services 52

Financial Services Government IT 52

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times.

Financial Services 89

Financial Services Artificial Intelligence Computer and Electronics Cybersecurity 89

OpenText Information Management

JANUARY 10, 2019

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

Financial Services 63

Financial Services Marketing IT Insurance 63

Data Breach Today

JULY 5, 2022

How can you leverage artificial intelligence and make sense of data from different industries to determine whether a customer is creditworthy or whether an account is a mule account? Guy Sheppard, general manager of financial services at Aboitiz Data Innovation, discusses a case study.

Artificial Intelligence 236

Artificial Intelligence Financial Services 236

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more.

Cloud 77

Cloud Financial Services Risk Business Services 77

Data Breach Today

MAY 11, 2022

Aim Is to 'Make It Harder' to Engage in Fraud, Ransomware Payments The United Kingdom has announced two proposed pieces of legislation - the Financial Services and Markets Bill and the Economic Crime and Corporate Transparency Bill - to regulate the digital assets industry and curb the use of virtual currency in illicit activity.

Financial Services 240

Financial Services Ransomware Marketing IT 240

OpenText Information Management

FEBRUARY 13, 2018

The recent Gartner’s 2018 CIO Agenda Survey found that digital transformation is more important for banking than any other industry sector. The CIOs talked about enabling technologies such as AI, APIs and analytics.

Digital transformation 68

Digital transformation Financial Services Analytics 68

Info Source

FEBRUARY 12, 2024

With the pace of digitisation picking up in industries such as education, healthcare, legal, financial services, and logistics, multifunction printers and scanners will also experience strong sales. This category will pick up some slack for office automation vendors and resellers as paper volumes decline in the years ahead.

Financial Services 40

Financial Services Marketing Digital transformation Sales 40

The Last Watchdog

FEBRUARY 11, 2024

Every industry is dealing with a myriad of cyber threats in 2024. Regulatory overload Firms in the financial services industry are staring down the bottom of the regulatory barrel coming into 2024. It’s a tale as old as the first computer.

Risk 200

Risk IT Financial Services Cybersecurity 200

OpenText Information Management

APRIL 22, 2019

While executives see transformation as essential, achieving success is proving to be much more difficult, with a global report recently published by Cap Gemini suggests that insurance companies are lagging behind other Financial Services organizations.

Digital transformation 93

Digital transformation Insurance Financial Services Customer Experience 93

OpenText Information Management

JUNE 6, 2018

In a recent blog, I wrote about the increasing prominence of AI in financial services. It’s a hot topic that’s topping the agenda of most financial … The post Customer experience in Financial Services appeared first on OpenText Blogs. The other session I’ll be holding is around customer experience.

Customer Experience 45

Customer Experience Financial Services Analytics 45

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. regulator concerning the increasingly critical issue of cyberinsurance.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

OpenText Information Management

AUGUST 28, 2018

Financial Service organizations are among the most highly regulated industries and routinely face a myriad of compliance and administrative proceedings. By combining eDiscovery policy … The post Five benefits of eDiscovery software for Financial Services appeared first on OpenText Blogs.

Financial Services 40

Financial Services Compliance Security 40

Dark Reading

DECEMBER 16, 2019

While far less common than breaches in other industry sectors, financial services breaches were more than twice as expensive, per record exposed, than the average for tech businesses.

Financial Services 64

Financial Services 64