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Risk Management under the DORA Regulation

IT Governance

The financial sector is quite heavily regulated, and involves a lot of confidential data. You’d therefore expect that the sector fares better at data security than your average organisation. Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services.

Risk 104
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Catches of the Month: Phishing Scams for October 2023

IT Governance

October is both Cybersecurity Awareness Month in the US and European Cyber Security Month in the EU – twin campaigns on either side of the Atlantic that aim to improve awareness of the importance of cyber security both at work and at home, and provide tips on how to stay secure.

Phishing 105
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Disneyland Malware Team: It’s a Puny World After All

Krebs on Security

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 264
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How to Prevent Data Breaches: Data Breach Prevention Tips

eSecurity Planet

And breaches will occur – because bad guys make a living by figuring out ways to circumvent security best practices. Prioritize Data Protection The downfall of many security strategies is that they become too general and too thinly spread. But it requires different levels of security.

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

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. ” Sen. Warren’s report is available here (PDF).

Passwords 259
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Impact of IDP on Business Growth – Customer Onboarding Use Case

Info Source

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.

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Capturing Paper Documents - Best Practices and Common Questions

AIIM

Wider and more profitable opportunities exist for organizations to bridge the gap between paper and digital media, especially in traditionally paper-intensive fields such as financial services, healthcare, or government. For example, the top right corner of a form may be a consistently structured customer address block.

Paper 90