Remove 2021 Remove Big data Remove Financial Services Remove Government
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6 benefits of data lineage for financial services

IBM Big Data Hub

The financial services industry has been in the process of modernizing its data governance for more than a decade. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. Data lineage provides that reliability—and more. Don’t wait.

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How better key management can close cloud security gaps troubling US government

Thales Cloud Protection & Licensing

How better key management can close cloud security gaps troubling US government madhav Thu, 02/29/2024 - 05:38 In my first blog on this topic I noted a Treasury Department report released last year listed six cloud security challenges financial sector firms face. This hack included US Government networks.

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Automated governance and trustworthy AI

IBM Big Data Hub

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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From principles to actions: building a holistic approach to AI governance

IBM Big Data Hub

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.

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Modernizing payments without disrupting legacy checks systems

IBM Big Data Hub

The Australian government is officially phasing out checks by 2030 as part of a wider range of payment reforms for the digital era. In circumstances like this, financial institutions still need to process checks quickly and securely during the transition period, as checks remain a legacy payment system for the time being.

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Top GRC Tools & Software for 2021

eSecurity Planet

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. Like other competitive GRC solutions, it speeds the process of aggregating and mining data, building reports, and managing files.

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Best Managed Security Service Providers (MSSPs)

eSecurity Planet

billion in 2021 to $43.7 billion by 2026, driven not only by remote working and growing cyber threats but also by a massive cybersecurity skills shortage , the demands of government regulations , and the simple cost benefits of outsourcing. Use Cases: Companies and governments in U.K., See our in-depth look at NTT MSSP.

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