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. Furthermore, the RTS Article 6 highlights the necessity for all networked traffic, both internal and external, to be encrypted.

Encryption 74

Encryption Data Privacy Compliance Cloud 74

Info Source

JULY 6, 2023

For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. Let’s illustrate the role an IDP solution can play in ensuring a positive customer experience by examining the different stages of a Customer Onboarding process, using the example of a loan application.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Hunton Privacy

FEBRUARY 7, 2023

As the nature of digital assets continues to evolve and develop, it is imperative that data privacy issues are considered and addressed in tandem with the development of financial services policy and regulation to ensure a coherent, comprehensive and practical regulatory approach that can support a trusted, open, innovative and competitive market.

Data Privacy 61

Data Privacy Blockchain Compliance Privacy 61

Security Affairs

APRIL 6, 2023

Financial services are the main target for cybercriminals, so the threat for the organizations and their customers is severe. The leak also affected Bloom Money and Admiral Money – two financial companies based in the UK, and Reed, which is the UK’s top recruitment agency. env) belonging to idkit.com, owned by OCR Labs.

IT 85

IT Financial Services Access Risk 85

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

Ancient Greeks, for example, were famous for consulting with Oracle before making a crucial decision. This strategy addresses security concerns related to intellectual property and sensitive data in large language models (LLMs). The same is true for today’s business leaders. However, with great power comes great responsibility.

Cybersecurity 83

Cybersecurity Blockchain Artificial Intelligence Encryption 83

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 77

Digital transformation Customer Experience Artificial Intelligence IoT 77

Security Affairs

MARCH 19, 2020

Security experts from Bitdefender recently discovered a new TrickBot variant that is targeting telecommunications organizations in the United States and Hong Kong. For example, in February 2019 Trend Micro detected a variant that includes a new module used for Remote App Credential-Grabbing. . Pierluigi Paganini.

Financial Services 112

Financial Services Education Communications IT 112

IBM Big Data Hub

SEPTEMBER 5, 2023

Mainframes sported green-screen terminals (or terminal emulators), mainframe-specific tools and programming languages, and entirely different ways of organizing and accessing data, managing security, and leveraging any operating system-level functionality. Giving developers a modern DX on the mainframe requires more than a new skin, however.

Cloud 128

Cloud Digital transformation Financial Services Manufacturing 128

Data Protection Report

OCTOBER 1, 2019

Although California has recently captured the lion’s share of attention with respect to privacy and security, on October 23, 2019, New York’s amended security breach law goes into effect, and on March 1, 2020, new security safeguards go live (N.Y. Readers may recall that New York’s security breach notification law (N.Y.

Security 40

Security Financial Services Passwords Risk 40

IBM Big Data Hub

FEBRUARY 23, 2024

Today, people don’t just prefer instant communication; they expect it. For example, natural language understanding (NLU) focuses on comprehension, enabling systems to grasp the context, sentiment and intent behind user messages. The integration of these technologies extends beyond reactive communication.

Analytics 105

Analytics Artificial Intelligence Marketing Education 105

Data Protection Report

JUNE 14, 2022

As privacy incidents and security breaches involving personal information become increasingly frequent, organizations are more and more aware of the importance of implementing a robust privacy program to mitigate the risks and impacts of such incidents. Procedural Considerations. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52

Data Protection Report

APRIL 2, 2020

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

Risk 59

Risk Communications Authentication Financial Services 59

The Last Watchdog

JUNE 17, 2020

Cequence Security , a Sunnyvale, Calif.-based based application security vendor, today is launching a new solution, called API Sentinel, designed to help companies jump in and start proactively mitigating API risks, without necessarily having to slow down their innovation steam engine. I’ll keep watch.

Digital transformation 178

Digital transformation Risk Financial Services Military 178

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

Data Matters

APRIL 11, 2022

The Cyber Security Law (2017) (the CSL ) prohibits operators of critical information infrastructures ( CIIs ) from transferring their “important data” and personal information outside of China. Network Data Security Regulation. The concept of “important data” is a cornerstone of China’s data regulatory regime.

Military 88

Military Artificial Intelligence Security Financial Services 88

Security Affairs

JULY 30, 2019

Experts spotted a Java ATM malware that was relying on the XFS (EXtension for Financial Service) API to “ jackpot ” the infected machine. In that case, the malware was relying on the XFS (EXtension for Financial Service) API to “ jackpot ” the infected machine. Security Affairs – Java ATM malware, hacking).

Financial Services 90

Financial Services Communications Access IT 90

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

For example, data sprawl has significantly increased due to all of the new patient data that has been created during the pandemic. Given this, healthcare organizations need to advance their security efforts to adapt to this shifting environment. Healthcare providers are at the epicenter of the fight against coronavirus. ransomware).

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62

CGI

AUGUST 16, 2019

In the case of delinquent accounts or defaults, predictive analytics can help determine the customer’s probability to repay, facilitate communication and personalize resolution terms. To meet them, financial institutions must offer credit interactions that are accurate, timely, convenient, secure and confidential. .

Digital transformation 63

Digital transformation Artificial Intelligence Analytics Marketing 63

CGI

MAY 26, 2016

Financial institutions in the U.S. The combined and increased focus of the Securities Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC) on cybersecurity issues are indicative of U.S. Security incident response plan testing. Controls testing.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

Hunton Privacy

FEBRUARY 8, 2013

On February 7, 2013, the European Commission, together with the High Representative of the Union for Foreign Affairs and Security Policy, launched their cybersecurity strategy for the European Union (“Strategy”). Establishing a coherent international cyberspace policy for the EU that promotes core EU values. application stores.

Information Security 40

Information Security Cybersecurity Security Cloud 40

KnowBe4

FEBRUARY 14, 2023

Just one example are scammers that pose as representatives from a Ukrainian charity foundation that seeks money to help those affected by the natural disasters that struck in the early hours of Monday. I talk often about the back-and-forth that exists between cybercriminal groups and security vendors.

Phishing 81

Phishing Security awareness Compliance Risk 81

DLA Piper Privacy Matters

JULY 30, 2019

Effective cybersecurity requires organizations to move beyond perimeter defense of their own network to protecting sensitive data in the hands of service providers. From a security and legal perspective, service provider cybersecurity requires significant attention and coordination by all parties both before and after hitting the breach.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

DLA Piper Privacy Matters

APRIL 2, 2020

In recent weeks, the Department of Justice , Federal Bureau of Investigation and the Department of Homeland Security have issued alerts warning of malicious cyber activity related to COVID-19. Various laws and best practices speak of the need to train network users on the latest security best practices. Awareness and Training.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Screenshot example. Expanding on what a ransomware attack looks like, here is an example of how Locky would appear on your desktop. Also Read: Best Encryption Tools & Software for 2021.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

eSecurity Planet

AUGUST 10, 2023

Here are our picks for the top threat intelligence feeds that security teams should consider adding to their defensive arsenal: AlienVault Open Threat Exchange: Best for community-driven threat feeds FBI InfraGard: Best for critical infrastructure security abuse.ch

Cybersecurity 95

Cybersecurity Access Metadata Energy and Utilities 95

HL Chronicle of Data Protection

MAY 13, 2019

Of particular concern to state-level policymakers and enforcement authorities are business practices that in their view may contribute to security incidents. The insurance industry has not been immune from such scrutiny, and the imposition of business practice requirements intended to enhance cybersecurity sector-wide.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

eSecurity Planet

JANUARY 24, 2024

They help IT and security teams manage the traffic that flows to and from their private network. Firewall rules are ordered differently, too, so the network automatically prioritizes the most critical security restrictions and applies those rules above others.

Access 109

Access Financial Services Compliance Security 109

Adam Levin

NOVEMBER 17, 2020

Mobile payment platforms, like Apple Pay and Google Pay, use advanced technology, like fingerprint authentication and tokenization (in which credit card account numbers are replaced by randomly generated numbers) to provide brick-and-mortar shoppers with an added layer of security. Browse online using secure networks.

Retail 97

Retail e-Delivery Passwords Phishing 97

ForAllSecure

JUNE 16, 2021

APIs are vital in our mobile digital world, but the consequences of API security flaws have yet to be seen. During the pandemic sales of the Home Fitness cycle peloton grew massively, given its popularity, it's natural that security researchers would want to take a look. And we've had our fair share of security concerns with those.

Authentication 52

Authentication Communications IoT Security 52

ForAllSecure

JUNE 16, 2021

APIs are vital in our mobile digital world, but the consequences of API security flaws have yet to be seen. During the pandemic sales of the Home Fitness cycle peloton grew massively, given its popularity, it's natural that security researchers would want to take a look. And we've had our fair share of security concerns with those.

Authentication 52

Authentication Communications IoT Security 52

Data Matters

MAY 21, 2020

Coronavirus Aid, Relief and Economic Security Act-related fraud or other COVID-19-related financial crime : Contact local U.S. Secret Service field office. Financial institutions should look closely at the red flags provided in the Advisory. Cyber- and internet-related crime : Contact FBI Crime Compliant Center.

e-Discovery 68

e-Discovery Government Cybersecurity Financial Services 68

Data Matters

FEBRUARY 25, 2021

This follows the FCA’s announcement in its 2020-21 business plan that payment services were one of its main supervisory priorities 1 and its temporary guidance of July 9, 2020, on prudential risk management and safeguarding in light of the COVID-19 pandemic ( Temporary COVID Guidance ). its Perimeter Guidance Manual (PERG).

Authentication 68

Authentication Paper Risk Insurance 68

Info Source

MARCH 16, 2022

This trend also impacts how end customers communicate and interact in B2B and B2C environments, which is increasingly digital and involves a diverse set of input channels and formats. The other market dynamic is the shift to communicating via multiple input channels using a wide range of formats often related to the same “case.”

Information capture 59

Information capture Marketing Digital transformation Cloud 59

Info Source

MARCH 16, 2022

This trend also impacts how end customers communicate and interact in B2B and B2C environments, which is increasingly digital and involves a diverse set of input channels and formats. The other market dynamic is the shift to communicating via multiple input channels using a wide range of formats often related to the same “case.”

Information capture 52

Information capture Marketing Digital transformation Cloud 52

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. For example, if certain records may contain medical information, it may be appropriate for that data to be deleted sooner than the other data and information in the bucket.

Privacy 144

Privacy Compliance Personal data Risk 144

Data Protection Report

NOVEMBER 3, 2017

This prevents authorized users from being able to use or access the services being provided via the attacked servers. As with any potential security incident, effective planning can help reduce or eliminate some of the potential business harms and legal consequences of a DDoS attack before an attack occurs. Before an Attack.

IoT 40

IoT Communications Risk Passwords 40

Data Matters

SEPTEMBER 24, 2019

For example, Brazil expects data protection legislation to come into effect in 2020, joining the likes of Argentina, Mexico, Uruguay, Colombia, Antigua, the Bahamas, Bermuda, the Dominican Republic, St. This comprehensive data privacy law wave has already reached parts of Latin America and the Caribbean. An Overview of the BDPA.

Personal data 68

Personal data GDPR Data Privacy Privacy 68