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

IBM Big Data Hub

The traditional approach for banks and ISV application onboarding involves a review process, which consists of several key items like the following: A third-party architecture review, where the ISV needs to have an architecture document describing how they are deploying into the cloud and how it is secure.

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GUEST ESSAY: 7 tips for protecting investor data when it comes to alternative asset trading

The Last Watchdog

Having access to a partner focused in cybersecurity brings fresh perspectives and allows for an unbiased evaluation of the systems in use. This includes scanning all materials, such as investor onboarding documents and communication. Foster collaborative partnerships. Implement strong data encryption.

IT 189
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Akira ransomware gang claims the theft of sensitive data from Nissan Australia

Security Affairs

The company refused to pay the ransom and the ransomware gang threatened to leak the alleged stolen documents, including project data, clients’ and partners’ info, and NDAs. The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident.

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Multinational ICICI Bank leaks passports and credit card numbers

Security Affairs

ICICI Bank leaked millions of records with sensitive data, including financial information and personal documents of the bank’s clients. If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals.

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OCR Labs exposes its systems, jeopardizing major banking clients

Security Affairs

Financial services are the main target for cybercriminals, so the threat for the organizations and their customers is severe. IDKit verifies users by linking their faces to their identity documents. While financial services are the main target for cybercriminals, the threat to the organizations and their customers is severe.

IT 83
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eIDAS 2.0 REGULATION WILL CHANGE IDP USE CASES INCLUDING ID CAPTURE IN THE EU

Info Source

Some business applications primarily involve Capturing ID, e.g., hospitality or access restrictions. End customers and service providers need to adjust their process steps to support the additional input source and more importantly the hybrid inputs which will shift towards eIDs. BROADENS THE SCOPE CONSIDERABLY eIDAS 2.0,

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What is Cybersecurity Risk Management?

eSecurity Planet

Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Documenting and Implementing Procedures. Maintaining Regulatory Compliance. Risk Mitigation Steps.

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