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Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

Financial services companies are considered institutions because they manage and move the core aspects of our global economic system. And the beating heart of financial institutions is the IBM mainframe. Atruvia AG is one of the world’s leading banking service technology vendors.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

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Discover a unified approach to adaptive data and analytics governance

Collibra

We haven’t even mentioned compliance challenges, which are especially significant in highly regulated industries like healthcare and financial services. > Across business units, your colleagues spend too much time and effort trying to understand data, its relationships, and how to make it useful. Get the ebook. Get your copy today.

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CyberheistNews Vol 13 #22 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks

KnowBe4

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

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Ephesoft Launches Context Driven Productivity at Enterprise Productivity Summit

Info Source

It ultimately presents this data and their relationships in enterprise knowledge graphs to fuel process automation and decision-making. Accounts Payable Innovator Brad Gerritsen from Honda Logistics, one of Ephesoft’s most technologically advanced clients, shared a case study on automation in the financial services industry.

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Best Network Security Tools 2021

eSecurity Planet

In a case study on MCAS , Forrester found a risk-adjusted ROI of over 150% within a few years of purchase. Larger organizations most targeted by advanced persistent threats (APTs) like enterprises and government agencies, financial services, energy, and telecommunications make up Kaspersky EDR’s clientele.