IBM Big Data Hub

FEBRUARY 23, 2024

Enterprises can use NLU to offer personalized experiences for their users at scale and meet customer needs without human intervention. DL models can improve over time through further training and exposure to more data. Clean data is fundamental for training your AI. AI training is a continuous process.

Analytics 106

Analytics Artificial Intelligence Marketing Education 106

Data Protection Report

AUGUST 2, 2022

Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries. In this post we discuss the operational advantages of a good privacy breach record-keeping program. Risk management and mitigation.

Compliance 137

Compliance Privacy Risk Financial Services 137

IBM Big Data Hub

JUNE 26, 2023

Possibilities are growing that include assisting in writing articles, essays or emails; accessing summarized research; generating and brainstorming ideas; dynamic search with personalized recommendations for retail and travel; and explaining complicated topics for education and training.

Retail 71

Retail Compliance Risk Education 71

The Last Watchdog

JANUARY 30, 2019

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.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

IBM Big Data Hub

SEPTEMBER 20, 2023

Or they can stay on the sidelines and risk missing out on AI’s ability to help agencies more effectively meet their objectives. While that can mean hiring new talent like data scientists and software programmers, it should also mean providing existing workers with the training they need to manage AI-related projects.

Government 110

Government Artificial Intelligence Privacy Digital transformation 110

eSecurity Planet

SEPTEMBER 10, 2021

Train your staff. To prevent hackers from getting their hands on access credentials for cloud computing tools, organizations should train all workers on how to spot cybersecurity threats and how to respond to them. Perhaps most importantly, cloud security training should help employees understand the inherent risk of shadow IT.

Cloud 120

Cloud Security Encryption Risk 120

IT Governance

AUGUST 26, 2021

Employees can again meet face-to-face and will feel less isolated, and employers can make sure staff are staying on top of their workload. For example, financial services firms may be worried about employees breaching insider trading laws. There are clear benefits.

Compliance 119

Compliance Data breaches Privacy Risk 119

KnowBe4

FEBRUARY 14, 2023

This means you have a bunch of users that unwittingly follow a set of unusual and unnecessary clicks that they should know better than to follow – something they learn very quickly if they are enrolled in new-school security awareness training. Blog post with links: [link] Are Your Users Making Risky Security Mistakes? You're not alone.

Phishing 85

Phishing Security awareness Compliance Risk 85

Rocket Software

FEBRUARY 25, 2022

A deep technical understanding isn’t required with the right solution, meaning business users can benefit from these tools without extensive training or continuous support from IT teams. After a short 1–2-week training period, most customers are comfortable writing and testing the robots themselves.

Compliance 59

Compliance Financial Services Risk Insurance 59

IT Governance

JANUARY 10, 2018

According to a recent study from Invotra , the financial services industry and the public sector both fear sophisticated, harmful cyber threats in 2018. 94% of respondents in the financial sector and 88% in the public sector say they have a strong line of defence to protect their organisation against cyber attacks.

Customer Experience 84

Customer Experience Financial Services GDPR Phishing 84

Rocket Software

NOVEMBER 16, 2021

These types of tasks create frustration, burnout and lead to high turnover rates, which costs an organization more time (and money) to find and train new employees. Organizations can modernize the customer experience even further by implementing self-service tools like IT service desks and automated chatbots.

Customer Experience 52

Customer Experience Financial Services Insurance Compliance 52

IBM Big Data Hub

JANUARY 18, 2024

Interact when and where customers are Conversational marketing can be deployed across a wide variety of platforms and tools to meet your customers where and how they prefer. Higher customer satisfaction can increase your customer value. Chatbots efficiently speed up response times, guiding customers toward making a purchase.

Sales 96

Sales Artificial Intelligence Communications Marketing 96

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. However, these systems lack genuine understanding and can’t adapt to situations outside their training. This allows for a smooth and efficient operation, avoiding costly downtime.

Artificial Intelligence 90

Artificial Intelligence Marketing e-Delivery Manufacturing 90

IBM Big Data Hub

SEPTEMBER 6, 2023

Why budgeting feels like a marathon Just like marathon training takes months of preparation, crafting a budget involves a lot of data collection, metrics analysis, resource allocation and collaboration. Instead of endless emails and meetings, teams can work together instantly on one platform, ensuring alignment and speeding up budgeting.

Analytics 89

Analytics Marketing Artificial Intelligence Sales 89

AIIM

OCTOBER 22, 2019

Wider and more profitable opportunities exist for organizations to bridge the gap between paper and digital media, especially in traditionally paper-intensive fields such as financial services, healthcare, or government. You may need to set up a new, or enhanced, scanning capability to meet your organization’s scanning requirements.

Paper 90

Paper Computer and Electronics Access Archiving 90

Data Protection Report

OCTOBER 1, 2019

As with the amended breach law, this new law also states that compliance with the data security requirements of HIPAA, Gramm-Leach-Bliley or New York Department of Financial Services cybersecurity regulations, or other similar agency requirements, will meet this statute.

Security 40

Security Financial Services Passwords Risk 40

ARMA International

DECEMBER 26, 2019

While 43% of surveyed professionals are largely satisfied with their RIM applications, new investments have been required to meet rising privacy protection requirements, such as from the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).

Content services 76

Content services Cloud Records Management Privacy 76

Reltio

SEPTEMBER 24, 2019

Nicola Askham is the leading data governance training provider in the UK with over 16 years of experience and research in the field. She delivers training and consulting to major organisations to help them implement full data governance frameworks. Kate Tickner, Reltio.

Government 55

Government Digital transformation Big data IT 55

HL Chronicle of Data Protection

MARCH 14, 2019

Employee training. Under the proposed Rule, FIs would be required to provide personnel with security awareness training that is updated to reflect risks identified by the FI’s risk assessment.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

HL Chronicle of Data Protection

MAY 13, 2019

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Financial reporting compliance. It relies heavily on documenting all efforts to meet relevant standards, usually concerning data protection and privacy.

Compliance 67

Compliance Risk Government Retail 67

IBM Big Data Hub

SEPTEMBER 14, 2023

Additionally, enterprises often partner with managed service providers that have a centralized cloud location but must access resources distributed across multiple clouds. Batch data transfer: Ad-hoc or scheduled batch data transfers between clouds for analytical processing, archiving, AI training or data migration.

Cloud 78

Cloud Financial Services Insurance Compliance 78

Collibra

MARCH 11, 2021

Here is an example of a financial services firm that overcame its data challenges and followed the data governance best practice of identifying data domains. . It prepares an organization to meet business standards. Systems and applications. Policies and standards. Data domain example. Data governance is not a one-time project.

Government 59

Government Communications Insurance Customer Experience 59

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Financial reporting compliance. It relies heavily on documenting all efforts to meet relevant standards, usually concerning data protection and privacy.

Compliance 57

Compliance Risk Government Retail 57

DLA Piper Privacy Matters

JULY 30, 2019

Some states – such as Alabama, Massachusetts and New York (for financial services companies) – prescribe particular requirements of a “reasonable” cybersecurity program. At least nine states expressly extend these requirements to service providers. Proof of adequate cyber insurance coverage.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

Collibra

APRIL 11, 2022

Here is an example of a financial services firm that overcame its data challenges and followed the data governance best practice of identifying data domains. . It prepares an organization to meet business standards. But typically, organizations identify data domains when they run into problems. Data domain example. Onboarding.

Government 52

Government Communications Insurance Customer Experience 52

IBM Big Data Hub

FEBRUARY 8, 2023

Over time we connect the dots, understanding the need to meet societal expectations, comply with rules and laws, and to respect the rights of others. This necessitates the detection of bias during data acquisition, building, training, deploying and monitoring models. Access the free trial or book a meeting.

Artificial Intelligence 52

Artificial Intelligence Compliance Analytics Government 52

IBM Big Data Hub

OCTOBER 20, 2023

You can connect to the existing database, upload a data file, anonymize columns and generate as much data as needed to address data gaps or train classical AI models. Summary generator: AI platforms can also transform dense text into a high-quality summary, capturing key points from financial reports, meeting transcriptions and more.

Data science 79

Data science Manufacturing Artificial Intelligence Retail 79

eDiscovery Daily

OCTOBER 21, 2019

Speakers Include: Constantine Pappas – Senior Manager, Relativity Solutions, Relativity; Karen Wagshul – eDiscovery Counsel, Allstate; Kimberly Quan – Lead, eDiscovery & Information Governance, Juniper Networks; Beth Solomon – Director & Senior Counsel, Payments, Discover Financial Services.

e-Discovery 45

e-Discovery e-Delivery GDPR Education 45

KnowBe4

JUNE 20, 2023

This incident highlights how the North Korean regime trains cybercriminals to deceive people by impersonating tech workers or employers as part of their illegal activities. Train them not to fall for bogus job offers. A specific example of their actions involved using a fake job offer to trick a startup into losing over $600 million.

Data breaches 77

Data breaches Phishing Security awareness Ransomware 77

erwin

JUNE 21, 2019

Knowledge retention and training has become a pivotal area in which businesses will either succeed or fail. Industry-specific regulations in areas like healthcare, pharmaceuticals and financial services have been in place for some time. Different organizations tend to speak different languages.

Healthcare 108

Healthcare Compliance Financial Services GDPR 108

Data Matters

MARCH 21, 2022

The reporting requirements will cover multiple sectors of the economy, including chemical industry entities, commercial facilities, communications sector entities, critical manufacturing, dams, financial services entities, food and agriculture sector entities, healthcare entities, information technology, energy, and transportation.

Ransomware 97

Ransomware Cybersecurity Agriculture Communications 97

KnowBe4

MAY 31, 2023

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.

Phishing 80

Phishing File names Security awareness Risk 80

Collibra

JANUARY 18, 2022

The financial services industry has had a longstanding tradition of being at the forefront of adopting new technologies. Since AI relies on data, the integrity and quality of the underlying data upon which AI models are trained is critical to ensure accuracy and remove the risk of model bias. .

Financial Services 52

Financial Services Cloud Artificial Intelligence Government 52

Data Matters

APRIL 23, 2018

Boards should have adequate access to cybersecurity expertise, and discussions about cyber-risk management should be given regular and adequate time on board meeting agendas. Directors should understand the legal implications of cyber risks as they relate to the company’s specific circumstances. Principle 3. Principle 4.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

ForAllSecure

AUGUST 2, 2022

And by de I'm an analyst at Javelin strategy and research where I do security risk and fraud for the financial services industry. But what about something in between something like a car in 2016 I took a two day car hacking training session at BlackHat USA. I went on to speak at DEF CON 18 When it was held in the Riviera.

Computer and Electronics 40

Computer and Electronics IT Security Mining 40

Positively RIM

SEPTEMBER 10, 2009

First the RIM part: The Records Director of a large financial services corporation called to ask for help implementing an enterprise RIM program. Rolling out the new program requires, among other things, advocacy, diplomacy, education, training and – above all else – effective communication. But that is only half the battle.

Records Management 40

Records Management Mining Financial Services Education 40