IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 63

Cloud Financial Services Compliance Digital transformation 63

Krebs on Security

SEPTEMBER 29, 2021

The idea is that even if the user’s password gets stolen, the attacker still can’t access the user’s account without that second factor — i.e. without access to the victim’s mobile device or phone number. The OTP interception service featured earlier this year — Otp[.]agency

Passwords 322

Passwords Authentication Phishing Access 322

IBM Big Data Hub

FEBRUARY 22, 2024

IBM’s Enterprise Cloud for Regulated Industries Building on our expertise working with enterprise clients in industries such as financial services, government, healthcare and telco, we saw the need for a cloud platform designed with the unique needs of these heavily regulated industries in mind.

Cloud 73

Cloud Computer and Electronics Compliance Financial Services 73

The Last Watchdog

DECEMBER 21, 2021

Some 11,800 computer software companies, 10,000 IT services vendors, 5,500 health care organizations and 3,200 financial services firms continue to maintain on-premises Exchange email servers, according to this report from Enlyft. For example, Stellar Repair for Exchange tool can repair corrupt or damaged Exchange EDB files.

Cloud 222

Cloud Financial Services Communications Ransomware 222

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

This finding not only underscores the vulnerability of the retail sector but also accentuates the financial repercussions of such breaches. It becomes, therefore, essential for retailers to consider the fresh insights provided by the Thales 2023 Data Threat Report – Financial Services Edition.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

eSecurity Planet

AUGUST 9, 2022

financial data must comply with consumer-protection laws such as the Electronics Fund Transfer Act (EFTA) and a litany of regulations enforced by the SEC (such as Sarbanes-Oxley), CFTC, FISMA, and other financial regulatory bodies. for example, all 50 states (along with the District of Columbia, Puerto Rico, the U.S. In the U.S.,

Data Privacy 145

Data Privacy Compliance Privacy Security 145

eSecurity Planet

FEBRUARY 26, 2024

This typically happens on dynamic web pages, which frequently change or can be actively manipulated by users (for example, a search bar where users can type queries). Users don’t know the code on the financial services web page is malicious because it looks legitimate, and they continue using it until it’s exposed.

Risk 104

Risk Financial Services Security Libraries 104

Data Protection Report

APRIL 23, 2024

The speech: key points As part of his speech, Mr Rathi explained that the FCA plans to examine how Big Tech firms’ unique access to large sets of data could unlock better products, more competitive prices and wider choice for consumers and businesses. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. financial services organizations report that they have experienced a data breach in the past. Even more alarming, 43% reported an increase in the volume, severity, and scope of cyberattacks in the last year.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

Krebs on Security

NOVEMBER 16, 2022

For example, one domain the gang has used since March 2022 is ushank[.]com 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 ? Bank customers.

Phishing 281

Phishing Authentication Financial Services Access 281

Security Affairs

APRIL 6, 2023

Financial services are the main target for cybercriminals, so the threat for the organizations and their customers is severe. While financial services are the main target for cybercriminals, the threat to the organizations and their customers is severe. Cybernews contacted OCR Labs, and the company fixed the issue.

IT 93

IT Financial Services Access Risk 93

DLA Piper Privacy Matters

APRIL 20, 2021

This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. similar to the PIS Specification, but focused on the banking and financial services industry). Level 1: public data. are fulfilled.

Compliance 111

Compliance Security Financial Services Data collection 111

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Financial Services 344

Financial Services Government Authentication IT 344

Krebs on Security

AUGUST 13, 2021

Come check out Antinalysis, the new address risk analyzer,” reads the service’s announcement, pointing to a link only accessible via ToR. “To date, this type of analysis has been used primarily by regulated financial service providers.” . “Worried about dirty funds in your BTC address?

Blockchain 309

Blockchain Analytics Marketing Ransomware 309

Security Affairs

DECEMBER 26, 2018

Researchers at Menlo Labs uncovered a malicious email campaign targeting employees of banks and financial services companies abusing Google Cloud Storage. “It’s an example of the increased use of “reputation-jacking”—hiding behind well-known, popular hosting services to help avoid detection. Pierluigi Paganini.

Cloud 98

Cloud Financial Services Archiving Phishing 98

Hunton Privacy

JULY 5, 2023

On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. The new MFA requirements, for example, would be subject to the two-year transition period.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

IBM Big Data Hub

JANUARY 10, 2024

More specifically, confidential computing uses hardware-based security-rich enclaves to allow a tenant to host workloads and data on untrusted infrastructure while ensuring that their workloads and data cannot be read or modified by anyone with privileged access to that infrastructure.

Security 71

Security Cloud Data Privacy Financial Services 71

IBM Big Data Hub

MAY 9, 2023

It’s why we gave partners access to the same training and enablement as IBMers last year, launched a new partner program in January, and continue investing in and growing the IBM Ecosystem. Now I’d like to share a few examples of partner work doing just that.

Cloud 95

Cloud Financial Services Marketing IT 95

Rocket Software

AUGUST 17, 2020

Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. For example, it can use adaptive authentication—an IP address or geographic location—and compare it to typical behavior for the account. . Benefits for Financial Services.

Authentication 52

Authentication Financial Services Passwords Insurance 52

Security Affairs

AUGUST 31, 2021

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. 3/4 Specifically, in the example tx, the hacker makes a flashloan of 500 ETH and deposit the funds as collateral. It promises earnings to users who are passively holding ETH or wBTC.

Blockchain 111

Blockchain Financial Services Marketing Security 111

Security Affairs

APRIL 20, 2023

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. Cybernews researchers assert that access to the Digital Ocean bucket belonging to ICICI Bank was fully restricted on March 30.

Personal data 98

Personal data Phishing Risk Financial Services 98

IBM Big Data Hub

JANUARY 15, 2024

For example, generative AI as a prompt engine will improve efficiency by dramatically reducing the time humans take to create outlines, come up with ideas and learn important information. For example, applied ML will help organizations that depend on the supply chain engage in better decision making, in real time.

Digital transformation 69

Digital transformation Customer Experience Artificial Intelligence IoT 69

Data Matters

JUNE 12, 2020

The ANPR also focuses on critical new technologies such as distributed ledgers and artificial intelligence, asking, for example: “What types of activities related to cryptocurrencies or cryptoassets are financial services companies or bank customers engaged? Comments are due by August 3, 2020. 31, 2020).

Artificial Intelligence 68

Artificial Intelligence Blockchain Financial Services Computer and Electronics 68

Krebs on Security

APRIL 28, 2020

” Jim said he was so aghast at this realization that he called the same number from his phone and tried accessing his account, which is also at Citi but wholly separate from his spouse’s. “Particularly worrisome is the activity taking place in the financial services sector, where call traffic topped previous highs by 800%.”

Financial Services 359

Financial Services Sales Authentication Risk 359

IBM Big Data Hub

SEPTEMBER 20, 2023

Such services can empower citizens and help restore trust in public entities by improving workforce efficiency and reducing operational costs in the public sector. For example, public sector agencies can make better use of data by migrating certain technology systems to the cloud and infuse it with AI.

Government 100

Government Artificial Intelligence Privacy Digital transformation 100

Krebs on Security

OCTOBER 7, 2022

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.

Passwords 268

Passwords Financial Services IT Phishing 268

Data Matters

SEPTEMBER 6, 2022

The California legislature passed the California Age-Appropriate Design Code Act (AADCA) which, if signed into law (as many expect will be the case), will impose a variety of obligations and restrictions on businesses that develop and provide online services, products or features that minors under 17 are “likely to access.”

Privacy 197

Privacy B2B Sales Compliance 197

The Last Watchdog

JUNE 15, 2023

for example, Microsoft merchant experiences with SCA under PSD2 ). About W3C: The mission of the World Wide Web Consortium (W3C) is to lead the Web to its full potential by creating technical standards and guidelines to ensure that the Web remains open, accessible, and interoperable for everyone around the globe.

Authentication 100

Authentication Communications Financial Services Retail 100

Robert's Db2

SEPTEMBER 27, 2023

For example, an application might need to get a preliminary set of result set rows from Db2 and then operate further on that data - easily done by inserting the result set rows into a declared temporary table and subsequently issuing various SQL statements that target the DGTT. a "regular") Db2 table.

Financial Services 62

Financial Services IT Access 62

IBM Big Data Hub

FEBRUARY 5, 2024

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age.

Encryption 67

Encryption Data Privacy Compliance Cloud 67

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

CBDC will complement cash and be accessible to the general public for transactions using various devices. Improved financial inclusion: CBDCs can make it easier for people to access financial services, especially in areas where there is limited access to traditional banking infrastructure.

Financial Services 71

Financial Services Access Risk Security 71

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. 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. Maintaining Regulatory Compliance. Risk Mitigation Steps.

Risk 145

Risk Cybersecurity Encryption Access 145

AIIM

MAY 19, 2020

In some cases, it’s to take advantage of discounts or gain access to member-only resources. For example, the U.S. financial services sector is different in practice than RM for a law firm, or a Canadian municipal government, or a multinational energy firm. Examples in the U.S. Resources are always limited.

Records Management 171

Records Management Privacy Government Information governance 171

Data Protection Report

MAY 24, 2024

More broadly, it considers potential issues that could be raised by AI (for example, anti-competitive self-preferencing). The BoE and PRA are planning to run the third instalment of their ‘ML in UK financial services’ survey, to ensure their understanding of AI/ML adoption remains up to date.

Government 45

Government Risk Marketing Paper 45

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

IT Governance

NOVEMBER 23, 2023

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 104

Risk Data breaches Authentication Financial Services 104

Data Matters

MARCH 28, 2022

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. 45 CFR 164.308(a)(5)(i).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88