IBM Big Data Hub

APRIL 22, 2024

Modularity : Deployable architecture follows a modular design pattern, where different components or services are isolated and can be developed, tested and deployed independently. This allows for easier management and reduces the risk of dependencies causing deployment issues.

Cloud 68

Cloud Financial Services Compliance Systems administration 68

Data Matters

FEBRUARY 20, 2019

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. Consumer Disclosures.

Insurance 68

Insurance Financial Services Compliance Retail 68

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Compliance 57

Compliance Risk Government Retail 57

Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

Communications 107

Communications Financial Services Big data Retail 107

Thales Cloud Protection & Licensing

JANUARY 26, 2021

The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. Figure 1: Web application breaches in the Retail industry. Fraud and scams move to the web. Source: Verizon DBIR 2020.

Security 143

Security Retail Authentication Big data 143

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Virtually every major financial institution, retailer, and scores of payment processors have been the victims of data breaches, incurring both financial and reputational damage. According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. million, second only to healthcare.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

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

Security Affairs

DECEMBER 4, 2018

The medical industry faces an exceptional risk for cyberattacks because there are so many players involved in the sector. Nonprofits typically focus their efforts on causes that improve society at large, at-risk groups and others in need. Despite those risks, retailers make blunders when budgeting for cybersecurity.

Retail 88

Retail Cybersecurity Data breaches Risk 88

Security Affairs

MAY 10, 2022

“Frappo” acts as a Phishing-as-a-Service and enables cybercriminals the ability to host and generate high-quality phishing pages which impersonate major online banking, e-commerce, popular retailers, and online-services to steal customer data.

Phishing 73

Phishing Retail Financial Services Data breaches 73

IBM Big Data Hub

JULY 26, 2023

AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. These models will be valuable for predicting flood zones, forest fires , and other climate risks.

Energy and Utilities 79

Energy and Utilities Agriculture Manufacturing Risk 79

IBM Big Data Hub

JUNE 7, 2022

As part of their AI adoption, enterprises should define and adopt safety standards to manage their regulatory, financial, operational, technology and brand risks. As an example, a large financial services firm could easily deploy hundreds or thousands of AI models to assist decision makers in various tasks.

Government 52

Government Financial Services Compliance Cloud 52

The Last Watchdog

MARCH 1, 2019

This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. But in today’s environment, identifying and assessing risk – and taking corrective action — requires a more disciplined, case-management approach. Smart money. Sutton: Syncurity has several innovations.

Digital transformation 193

Digital transformation Marketing Analytics Risk 193

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Artificial Intelligence 88

Artificial Intelligence Retail Unstructured data Insurance 88

Rocket Software

MAY 27, 2020

When we see those values reflected in other companies from industries as diverse as financial services, healthcare, government, retail, and manufacturing, we want to celebrate them! The layout of the drive-thrus also protect health care workers and patients who are at high risk of contracting COVID-19.

Financial Services 59

Financial Services Retail Manufacturing Risk 59

IT Governance

APRIL 11, 2019

Financial services firms must do more to educate employees about cyber security, according to the FCA (Financial Conduct Authority). What should financial organisations be doing? BEC (business email compromise), which targets high-level employees, is a major security risk , and needs to be addressed head-on.

Retail 66

Retail Risk Education Financial Services 66

Data Protection Report

MAY 25, 2022

Boards and organisations should assess their cybersecurity risk management activities in light of the decision and ask whether current approaches are adequately resourced and operating effectively? Ensure that cyber-risk assessments are updated with an appropriate frequency, dependent upon the organisation’s context and business model.

Cybersecurity 74

Cybersecurity Risk Financial Services Retail 74

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

CGI

FEBRUARY 28, 2018

Retail banks have largely withdrawn from the advice market – except for things like staying safe on the internet – and have also developed a largely risk-averse model to providing services that could later on provide a litigation liability, divesting themselves of the pension companies that were established to support Bancassurance MK1.

Retail 40

Retail Financial Services Marketing Risk 40

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

They exists in either Token Based (object of value) or Account based (value stored at the Central Bank) form and are of two types, wholesale CBDCs and retail CBDCs. This could ultimately benefit banks by reducing the risk of financial instability. More than 130 Central Banks have been exploring CBDCs since 2014.

Financial Services 71

Financial Services Access Risk Security 71

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Adam Levin

NOVEMBER 17, 2020

It’s worth noting that there’s no reason a legitimate retailer would need that last one — the skeleton key to your identity — to process a purchase.). Shop at reputable and recognizable retailers. If you’re shopping at a retailer that is new to you, research the company’s standing on the Better Business Bureau website.

Retail 97

Retail e-Delivery Passwords Phishing 97

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Compliance 67

Compliance Risk Government Retail 67

Data Matters

DECEMBER 4, 2019

Distributed ledger and blockchain-based projects are being launched in a wide range of different industries, from retail consumer goods to pharmaceuticals and electricity and power networks to global shipping. 5 The consequences of this are important, however. 6 In such cases, the ordinary rules of English contract law would apply.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Data Matters

DECEMBER 4, 2019

Distributed ledger and blockchain-based projects are being launched in a wide range of different industries, from retail consumer goods to pharmaceuticals and electricity and power networks to global shipping. 5 The consequences of this are important, however. 6 In such cases, the ordinary rules of English contract law would apply.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

CGI

FEBRUARY 26, 2019

Another key characteristic of this first year was the strong focus on the retail business, which helped the industry to appreciate the complexities of Open Banking from a retail customer perspective. For traditional banks, extending credit to small businesses is often unprofitable once risk profiles are taken into consideration.

Financial Services 40

Financial Services Retail Marketing Access 40

Thales Cloud Protection & Licensing

NOVEMBER 16, 2017

Despite the NHS falling victim to the devastating WannaCry ransomware outbreak in May, healthcare providers still fared better than other industries, with only six per cent of UK consumers revealing they trusted retailers.

GDPR 63

GDPR Retail Data breaches Financial Services 63

eSecurity Planet

SEPTEMBER 10, 2021

Public cloud infrastructure as a service (IaaS) may be less vulnerable than traditional data centers, but that doesn’t mean it’s without its own set of risks. Perhaps most importantly, cloud security training should help employees understand the inherent risk of shadow IT. What is cloud security?

Cloud 106

Cloud Security Encryption Risk 106

CGI

JANUARY 7, 2020

Using this information, the bank also can create a reasonable estimate of the borrower’s net worth to supplement or even replace financial statements, depending on the loan amount. Mixing this data with peer group data enables banks to make a pitch for a variety of financial services in an automated and targeted way.

Analytics 84

Analytics Marketing Compliance Risk 84

CGI

DECEMBER 22, 2016

This finding is not surprising in light of growing consumer concerns about cyber attacks, identity fraud and other security risks. The next most valued services are personal financial management, mobile payments and personalization. Until then, download our survey, “ FinTech Disruption in Financial Services.”

Financial Services 45

Financial Services Retail IoT Insurance 45

MIKE 2.0

OCTOBER 28, 2017

I recently heard a financial services executive on the radio talking about Bitcoin. Specialisation makes organisations more efficient but also increases the risk of disruption. Retailers have the opportunity to apply massive amounts of valuable information visually if their leaders know what the technology can do.

Artificial Intelligence 40

Artificial Intelligence Blockchain Retail Manufacturing 40

CGI

JULY 10, 2018

This focus on innovation is echoed in our 2017 CGI Client Global Insights , where retail banking executives listed their top two business priorities as improving the end-to-end customer experience, and accelerating customer-facing digital transformation programs. With great rewards come great risk—the threats of digital transformation.

Digital transformation 40

Digital transformation Artificial Intelligence Customer Experience Retail 40

CGI

MAY 15, 2018

This focus on innovation is echoed in our 2017 CGI Client Global Insights , where retail banking executives listed their top two business priorities as improving the end-to-end customer experience, and accelerating customer-facing digital transformation programs. With great rewards come great risk—the threats of digital transformation.

Digital transformation 40

Digital transformation Artificial Intelligence Customer Experience Retail 40

Data Matters

NOVEMBER 2, 2021

Another benefit is that the product is traded on a regulated futures exchange, which means regulatory and clearinghouse rules determine margin and position limits designed to reduce systemic risk to all customers exposed to the exchange overall. Overview of Custody Services Offered Through Digital Asset Prime Brokerage.

Blockchain 88

Blockchain Marketing Access Risk 88

Thales Cloud Protection & Licensing

JULY 24, 2018

The 57 percent rate statistic is the highest of all verticals we measured in this year’s report (others include the healthcare industry, the retail industry, and the financial services industry) or any region surveyed. What are the risks associated with cloud-based services, and how can a data-centric security approach help?

Encryption 48

Encryption Cloud Data breaches Government 48

Data Matters

SEPTEMBER 4, 2019

Securities and Exchange Commission on June 5, 2019, broker-dealers and associated persons are required to act in the best interest of a retail customer when recommending a securities transaction or investment strategy involving securities to a retail customer. regulators continue to voice support for the evaluation of the U.S.

Insurance 68

Insurance Paper Risk Analytics 68

Thales Cloud Protection & Licensing

APRIL 15, 2024

However, the combined partnership of Thales and DigiCert offers solutions to help protect against these security risks. The news has already captured some very high-profile incidents, including attacks on an American retailer, a software vendor, and more recently a multinational investment and financial services bank.

Risk 62

Risk Financial Services Retail Cloud 62