IBM Big Data Hub

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

Cloud 85

Cloud Financial Services Security Compliance 85

IT Governance

AUGUST 26, 2021

A new approach to work requires careful consideration – and one of your biggest concerns should be your compliance posture. In this blog, we look at the key issues that you will face. For example, financial services firms may be worried about employees breaching insider trading laws. Protecting employees’ privacy.

Compliance 119

Compliance Data breaches Privacy Risk 119

IBM Big Data Hub

NOVEMBER 14, 2023

With flexible consumption-based pricing, it provides on-demand access to z/OS systems, dramatically improving developer productivity by accelerating release cycles on secure, regulated hybrid cloud environments like IBM Cloud Framework for Financial Services (FS Cloud). The IBM Cloud Framework for Financial Services a.k.a

Financial Services 101

Financial Services Cloud Compliance Digital transformation 101

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?

Cloud 79

Cloud Financial Services Risk Business Services 79

Data Protection Report

SEPTEMBER 28, 2021

On 10 September 2021, the UK Government published its consultation paper on proposals to reform the UK’s data protection regime. On legitimate interests, the Government proposes disapplying the legitimate interest balancing test for certain activities. Compliance program.

Government 120

Government FOIA GDPR Compliance 120

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

IBM Big Data Hub

APRIL 22, 2024

It follows security standards and guidelines, such as IBM Cloud for Financial Services® , SOC Type 2, that ensures the highest levels of security and compliance requirements. IBM Cloud provides you with well-architected patterns that are secure by default for regulated industries like financial services.

Cloud 68

Cloud Financial Services Compliance Systems administration 68

IBM Big Data Hub

DECEMBER 4, 2023

The Digital Operational Resilience Act (DORA) is a landmark piece of legislation in the European Union (EU) that is designed to help fortify the operational resilience of the financial sector, making it fit for purpose in the digital age.

Financial Services 94

Financial Services Compliance Risk Business Services 94

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 69

Cloud Financial Services Compliance Digital transformation 69

Collibra

AUGUST 14, 2023

As we speed into a new AI era, there’s a critical element that’s often missing when organizations rush forward in hyper-competitive markets to build scalable, trusted AI programs — and that’s AI governance. An AI governance framework offers a blueprint for how to create successful AI products.

Government 52

Government Risk Financial Services Compliance 52

IBM Big Data Hub

FEBRUARY 22, 2024

We strongly believe the influx of data associated with AI will fuel tremendous business innovations, but requires strategic considerations, including around where data resides, data privacy, resilience, operational controls, regulatory requirements and compliance, and certifications. And our work doesn’t stop there.

Cloud 79

Cloud Computer and Electronics Compliance Financial Services 79

IBM Big Data Hub

SEPTEMBER 27, 2022

Whether it be financial services, employee hiring, customer service management or healthcare administration, AI is increasingly powering critical workflows across all industries. Add navigating complex compliance regulations and standards to the mix, and the need for a solid and trustworthy AI strategy becomes clear.

Government 52

Government Compliance Data science Financial Services 52

IBM Big Data Hub

MAY 8, 2024

We designed our enterprise cloud platform for even the most highly regulated industries with the unique needs of these heavily regulated sectors, such as financial services , government , healthcare and telco , in mind. Help them as they demonstrate their compliance with data protection requirements.

Cloud 67

Cloud Customer Experience Artificial Intelligence Compliance 67

Data Protection Report

NOVEMBER 2, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations, which are available here. The rules contain the provisions we had described in the original NYDFS proposal a year ago (see our blog post here ), but include some changes. d) and 500.22(e)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

IBM Big Data Hub

MAY 9, 2023

Challenges around managing risk and reputation Customers, employees and shareholders expect organizations to use AI responsibly, and government entities are starting to demand it. It drives an AI governance solution without the excessive costs of switching from your current data science platform.

Data science 76

Data science Artificial Intelligence Metadata Compliance 76

Data Protection Report

AUGUST 2, 2022

Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries. For a purchaser, records of privacy incidents provide valuable information about the vendor’s privacy governance structure. Risk management and mitigation.

Compliance 137

Compliance Privacy Risk Financial Services 137

Data Matters

JUNE 29, 2022

She focuses her practice on cybersecurity issues, including crisis management, data breach response, internal investigations, regulatory compliance, and complex litigation. She advises clients in several industries, including financial services, hospitality, manufacturing, telecommunications, and energy.

Cybersecurity 88

Cybersecurity Data breaches Privacy Compliance 88

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. Ensuring end-to-end Protection To achieve total data privacy assurance, a key component is confidential computing and cryptography.

Encryption 73

Encryption Data Privacy Compliance Cloud 73

IBM Big Data Hub

JUNE 26, 2023

This is especially true in highly regulated industries such as financial services and healthcare where the tolerance is very low for unethical, biased decisions based on incomplete or inaccurate data and models can have detrimental repercussions. What can you do now to scale generative AI responsibly? What is watsonx.governance?

Retail 70

Retail Compliance Risk Education 70

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). employees).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

IBM Big Data Hub

FEBRUARY 26, 2024

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. Regulatory compliance The financial space is highly regulated.

Financial Services 99

Financial Services Cloud Metadata Digital transformation 99

IBM Big Data Hub

DECEMBER 14, 2023

As enterprises scale infrastructure and systems to manage sensitive data and complex workloads, they must rely more on an ecosystem of partners to help them enhance their security and compliance without impacting performance and resiliency.

Cloud 90

Cloud Security Data breaches Cybersecurity 90

erwin

JANUARY 7, 2021

Death of the Office” Alters Compliance: Because of the pandemic, many organizations have decided remote work is here to stay. As a result, look for more automated compliance solutions to hit the market. However, that definition is too narrow in terms of AI’s relation to data governance.

Metadata 98

Metadata Artificial Intelligence Compliance Government 98

IBM Big Data Hub

APRIL 20, 2023

Additionally, compliance requirements around sustainable procurement need to be addressed based on supplier’s sustainability posture around logistics and distribution. Along with defining and operationalizing the right level of governance across organizational layers for efficient value orchestration and continuous improvement.

Mining 70

Mining Financial Services Digital transformation Retail 70

Data Matters

JUNE 24, 2021

The SEC is considering enhancing its disclosure rules concerning cybersecurity risk governance and has indicated a target release date of October 2021. Companies should regularly assess compliance with current policies and procedures to confirm the effectiveness as adequate controls. 20, 2017). 27, 2020). 5 83 FR 8166 (Feb.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

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. That really shouldn’t surprise us – these are lucrative targets for cyber criminals.

Risk 104

Risk Data breaches Authentication Financial Services 104

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., We also need to reduce the cost of curating and governing information within our repositories.

Artificial Intelligence 143

Artificial Intelligence Healthcare Compliance Financial Services 143

Data Matters

OCTOBER 8, 2020

According to OFAC, ransomware attacks have been increasing over the last two years and are a special risk during the COVID-19 pandemic, with cybercriminals targeting not only large corporations but also small to medium enterprises, hospitals, schools, and local government agencies. Since 2015, the U.S. Notable sanctions designations include.

Ransomware 68

Ransomware Compliance Risk Government 68

Data Protection Report

JUNE 14, 2022

In this first blog post, we will discuss legal obligations and procedural considerations regarding record-keeping of privacy incidents. Law 25 indicates that the contents of the register can be determined by government regulation, which will presumably be similar to the PIPEDA requirements. Legal Obligations. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52

Thales Cloud Protection & Licensing

JANUARY 10, 2024

Many articles and blogs portray the adequacy decision as finally allowing free personal data flow between the EU and US companies, without the implementation of additional data protection safeguards.

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

IT Governance

NOVEMBER 9, 2018

This blog examines these new requirements and how they will affect organisations. Profiling is most often used for marketing purposes, but it is also used in other areas, such as healthcare, financial services and education, where large volumes of data need to be analysed in order to make quicker and more consistent decisions.

GDPR 88

GDPR Personal data Financial Services Compliance 88

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

CBDC Benefits With the introduction of CBDCs there are multiple benefits for Consumers, Government &Central Banks and other Financial institutions. 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

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

erwin

MAY 2, 2019

As industry and government compliance regulations, for example, become part of the business fabric in industries like financial services, healthcare and pharmaceuticals, many enterprise architects are developing specializations in these industries that demonstrate their understanding of the business and IT sides of these regulations.

Digital transformation 95

Digital transformation Healthcare Compliance Cloud 95

erwin

JULY 11, 2019

For instance, millennials are adept at using digital channels, and they are the fastest-growing customer base for financial services companies. This analysis also needs to span multiple departments, extending beyond business and process architecture to IT, compliance and even HR and legal. Supporting and reference documentation.

Digital transformation 106

Digital transformation Information capture Compliance Financial Services 106

KnowBe4

FEBRUARY 14, 2023

Blog post with links: [link] [New PhishER Feature] Immediately Add User-Reported Email Threats to Your M365 Blocklist Now there's a super easy way to keep malicious emails away from all your users through the power of the KnowBe4 PhishER platform! Blog post with links: [link] Are Your Users Making Risky Security Mistakes?

Phishing 83

Phishing Security awareness Compliance Risk 83