article thumbnail

Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Big Data Hub

IBM has created the solution for this problem with its Financial Services Cloud offering, and its ISV Financial Services validation program, which is designed to de-risk the partner ecosystem for clients. IBM Cloud Framework for Financial services is uniquely positioned for that, meeting all these requirements.

article thumbnail

CHINA: New draft proposes more stringent requirements for processing data in the financial services industry

DLA Piper Privacy Matters

The Draft Measures regulate the processing of electronic data collected and generated during the course of business activities that are under the supervision and management of PBOC (“ Regulated Data ”). The Draft Measures reflects PBOC’s approach in implementing the DSL requirements within the financial services industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Risk Management under the DORA Regulation

IT Governance

Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services. In turn, financial institutions heavily depend on ICT to be able to provide those services to begin with. Simply losing access to an asset, for example, can be just as problematic.

Risk 99
article thumbnail

Disneyland Malware Team: It’s a Puny World After All

Krebs on Security

financial services firm Ameriprise uses the domain ameriprise.com; the Disneyland Team’s domain for Ameriprise customers is [link] [brackets added to defang the domain], which displays in the browser URL bar as ? ” The user manual says this option blocks the user from accessing their account for two hours.

Phishing 279
article thumbnail

MY TAKE: Why companies and consumers must collaborate to stop the plundering of IoT systems

The Last Watchdog

Most companies have only a vague sense of all of the IoT sensors tied into their networks, and each device represents an access path beckoning intruders. Once they gain a foothold, they can move laterally and gain access to other enterprise assets.” Sherman opines that there is a huge IoT visibility gap that must be narrowed.

IoT 279
article thumbnail

Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. Elizabeth Warren (D-Mass.), Bank , and Wells Fargo. ” Sen. Warren’s report is available here (PDF).

Passwords 267
article thumbnail

UK regulators’ strategic approaches to AI: a guide to key regulatory priorities for AI governance professionals

Data Protection Report

The CMA will continue to monitor for potential competition and consumer protection concerns, applying its six principles to identify any such concerns: access, diversity, choice, fair dealing, transparency, and accountability. For more information on the CMA’s publications, see our post. See our update on the FCA’s plans for further detail.