Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Thales Cloud Protection & Licensing

APRIL 29, 2024

The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders madhav Tue, 04/30/2024 - 05:32 Trust is the currency of the digital economy. However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust.

Compliance 71

Compliance Cybersecurity Risk Manufacturing 71

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. In particular, the new rules provide that the CISO and the highest-ranking executive of the covered entities must file annually a notice of compliance with the NYDFS (500.17(b)(2)).

Financial Services 110

Financial Services Cybersecurity Compliance Government 110

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 86

Cloud Financial Services Security Compliance 86

Thales Cloud Protection & Licensing

JANUARY 11, 2023

The Most Popular Data Security Webinars of 2022: Sovereignty, Cloud Security and Compliance Top the List. Throughout 2022, Thales hosted more than 40 webinars on a wide variety of cybersecurity topics, including, cloud security, data sovereignty, compliance, data threat trends, and rethinking approaches to role-based authentication.

Compliance 83

Compliance Cloud Security Financial Services 83

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. The primary challenge financial and insurance organizations are facing is the sheer volume of documents that require processing.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

IBM Big Data Hub

JANUARY 28, 2020

Any financial services firm using AI must revisit its approach to model risk management. Watson OpenScale helps organizations validate and monitor AI models to enhance compliance with regulations, provide fair and explainable outcomes, and mitigate business risk. To date, Watson OpenScale has focused on AI models in production.

Financial Services 84

Financial Services Big data Risk Compliance 84

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). Consumers’ payment data is a compelling target for criminals who continue to circumvent IT security defenses.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

Data Breach Today

SEPTEMBER 4, 2019

Ted Augustinos of Locke Lord LLP Addresses the Challenges Defining the scope of third-party risk is challenging, says Ted Augustinos of Locke Lord LLP, who discusses compliance with the New York Department of Financial Services' cybersecurity regulation.

Compliance 146

Compliance Risk Financial Services Cybersecurity 146

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Companies and organizations, whether in the public or in the private sector, are re-establishing their business in the era of information and data revolution. Weak security practices lead to data breaches.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

IBM Big Data Hub

JULY 31, 2023

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. Couldn’t execs have run better analyses to spot risks within the data?

Financial Services 54

Financial Services Digital transformation Computer and Electronics Analytics 54

Hunton Privacy

NOVEMBER 23, 2022

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. The proposed amendments revise several aspects of the draft Cybersecurity Rule amendments released on July 29, 2022. Revised Definition of Class A Companies. Cybersecurity Plan.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. Similarly, in the U.S.

Cloud 80

Cloud Financial Services Risk Business Services 80

IT Governance

AUGUST 26, 2021

A new approach to work requires careful consideration – and one of your biggest concerns should be your compliance posture. This might be fine if your only concern is productivity, but if you also have regulatory compliance challenges, you may feel compelled to install such software. Preventing data breaches.

Compliance 119

Compliance Data breaches Privacy Risk 119

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

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). What are the benefits of Wazi as a service on IBM Cloud?

Financial Services 102

Financial Services Cloud Compliance Digital transformation 102

The Last Watchdog

JULY 11, 2023

When it comes to alternative asset trading, protecting investor data is of critical importance. Here are seven tips to protect investor data in alternative asset trading. By working together, a robust cybersecurity framework can be established to protect investor data. Implement strong data encryption.

IT 189

IT Encryption Risk Financial Services 189

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

Insurance 68

Insurance Financial Services Compliance Retail 68

IBM Big Data Hub

AUGUST 10, 2023

With customers top of mind, we are seeing fintechs increasingly harness the power of choice and flexibility that comes with hybrid multicloud and lean into the power of data analytics to deliver enhanced experiences.

Cloud 70

Cloud Financial Services Artificial Intelligence Digital transformation 70

Security Affairs

JUNE 20, 2023

Data-centric distributed resilience (DDR) offers a compelling approach to addressing data sovereignty in cybersecurity. As much of our modern life relies upon the cloud, the question of data protection is front of mind for many organizations. Data sovereignty plays a crucial role in a robust security strategy.

Compliance 87

Compliance Cybersecurity Risk Encryption 87

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic. Data Loss Prevention – ensure employees are not sending nonpublic information to personal email accounts and devices.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Authorized property/casualty insurers should use a data-driven and comprehensive plan to assess gaps and vulnerabilities in the cybersecurity of their insureds and potential insureds. Rigorously Measure Insured Risk. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Hunton Privacy

JUNE 9, 2022

515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). to 500.23) and they submit a written statement to the Commissioner certifying such compliance. On May 27, 2022, Vermont Governor Phil Scott signed H.515

Insurance 107

Insurance Security Information Security Cybersecurity 107

IBM Big Data Hub

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data. In just a few years, we have helped some of the world’s leading banks transform.

Cloud 80

Cloud Computer and Electronics Compliance Financial Services 80

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 110

Cybersecurity Financial Services Compliance Encryption 110

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 70

Cloud Financial Services Compliance Digital transformation 70

IBM Big Data Hub

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

Customer Experience 78

Customer Experience Financial Services Cloud Compliance 78

IBM Big Data Hub

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

Cloud 82

Cloud Financial Services Compliance Risk 82

The Last Watchdog

AUGUST 3, 2023

3, 2023 — Vaultree, a cybersecurity leader pioneering Fully Functional Data-In-Use Encryption (FFDUE), today announces a strategic integration with Tableau, a renowned platform for data visualization and business intelligence. San Francisco and Cork, Ireland, Aug. Today, we’re making that future a reality.”

Encryption 100

Encryption Analytics Data Privacy Cybersecurity 100

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules. it’s almost a perfect storm.

Digital transformation 147

Digital transformation Compliance Risk Security 147

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Financial Services 68

Financial Services Computer and Electronics Cloud Digital transformation 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 95

Financial Services Compliance Risk Business Services 95

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 69

Cloud Financial Services Compliance Systems administration 69

DLA Piper Privacy Matters

APRIL 20, 2021

Important new guidelines outlining how personal and other types of financial information should be handled by financial institutions throughout the data lifecycle have just come into force in China, including a new data localisation obligation. The “Financial Data Lifecycle Guidelines” (????????????)

Compliance 111

Compliance Security Financial Services Data collection 111

AIIM

JANUARY 26, 2018

A new set of European rules and standards related to privacy and data protection (the General Data Protection Regulation , or GDPR ) has set in motion a mad compliance and security scramble not only for European companies, but also for any company doing business in Europe or with European customers.

GDPR 93

GDPR Compliance Archiving Privacy 93

Collibra

APRIL 16, 2024

Together with our partners, we offer fully integrated solutions that allow all data citizens across an organization to derive value from their data. Each one of these awards honors a partner who truly demonstrates what it means to make data meaningful and be a data intelligence champion.

Cloud 52

Cloud Government Financial Services Retail 52

IBM Big Data Hub

JUNE 12, 2023

We see public cloud as an enabler of a better future for financial services, not as a destination. Know yourself, your stakeholders and your data. Done right, our take is that the cloud can deliver unparalleled benefits in performance and total cost of ownership without compromising resiliency, security and compliance.

Cloud 95

Cloud Financial Services Digital transformation Risk 95