Rippleshot

JULY 17, 2020

This report underpins the impact COVID-19 is having on financial institution cloud technology investments and how advancements in machine learning-driven software will help them weather the storm. Of course, this will also open up the floodgates for another problem: New channels for fraudsters to exploit and monetize.

Artificial Intelligence 52

Artificial Intelligence Digital transformation Financial Services Cloud 52

Info Source

SEPTEMBER 14, 2023

Of course, we had our own analysts, who discussed their recently completed research on the size and dynamics of the Capture & IDP market in 2022, as well as where it is heading over the next five years. We had a great line-up of speakers who discussed AI’s infusion into the market from a number of angles.

Marketing 52

Marketing CMS Financial Services Cloud 52

Krebs on Security

NOVEMBER 16, 2022

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 ? For example, one domain the gang has used since March 2022 is ushank[.]com com — which was created to phish U.S.

Phishing 267

Phishing Authentication Financial Services Access 267

IT Governance

FEBRUARY 28, 2018

Healthcare was the most affected industry (76%) and financial services the least (45%). Our Phishing and Ransomware – Human patch e-learning course explains the threats that ransomware presents to organisations, and gives details of the resources available to help you understand and combat those threats. Key findings.

Education 74

Education Ransomware Phishing Financial Services 74

Rippleshot

SEPTEMBER 29, 2017

The Equifax breach that continues to make headlines is a game-changer for the financial services space. The biggest fear, of course, remains the unknown cost impact for banks and credit unions. Inevetiably, in a breach affecting roughly half the U.S. population, the scope of this incident will be long-lasting.

Financial Services 40

Financial Services Analytics 40

Data Protector

AUGUST 19, 2017

The larger companies - and particularly those in the financial services sector - will of course strive every sinew to comply, and will commission scarce consulting resource to help them. Of course not. But will all he smaller organisations have the luxury of experienced support?

GDPR 120

GDPR Compliance Records Management Financial Services 120

Info Source

JULY 6, 2023

t starts with the prospect, who has researched alternatives based on her/his specific needs selecting a financial services provider and type of loan and submitting a request. The financial services institute requests a proof of identity and documentation to ensure that the person qualifies e.g., proof of residence, income etc.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

IT Governance

JULY 13, 2018

The report found that about 55% of social media attacks that impersonated customer-support accounts specifically targeted the customers of financial services companies. These simple techniques are used daily and continue to work in emails and on social media. Organisations need to educate their staff to be alert, vigilant and secure.

Phishing 66

Phishing Financial Services Education Risk 66

Data Protector

JANUARY 29, 2017

The potential fine for not informing individuals, as their personal data is being collected, about retention periods is of course significant. Does it really mean that in 481 days, European privacy regulators will be heralding the first megafine for non-compliance with one of the GDPR’s more obscure requirements? I think not.

GDPR 136

GDPR Privacy Compliance Personal data 136

The Last Watchdog

NOVEMBER 9, 2020

The breach of a CFO’s home smart speaker Through the course of 2020, IoT-enabled attacks have manifested new wrinkles. In one very recent caper, the attackers targeted the CFO of a financial services firm, as he worked from home, Sherman says. The attackers successfully got a foothold on the exec’s MacBook.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

Krebs on Security

OCTOBER 7, 2022

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 261

Passwords Financial Services IT Phishing 261

IT Governance

DECEMBER 7, 2017

Organisations across many industries face the risk of data theft, but those in the financial services sector are particularly vulnerable to the loss of “propriety algorithms”, and recruitment agencies and estate agents risk losing highly valuable client databases.

Education 71

Education Information Security Financial Services Risk 71

Info Source

MAY 8, 2019

Information management solution providers convened in Nashville to set course for continued success. Event highlights included a solutions expo with a series of interactive demos of real-world solutions for government, healthcare and financial services. Rochester, N.Y, The theme of the event was Unlocking the Future, Together.

Digital transformation 40

Digital transformation Sales Financial Services Marketing 40

eSecurity Planet

AUGUST 22, 2023

Of course, any damage isn’t ideal, but at what point would the business be in trouble? A CRM at a large financial services company might have an RTO of 15 minutes, while a storage archive for cold data may have an RTO of 12-24 hours. This varies between organizations.

Data breaches 90

Data breaches Big data Cybersecurity Security 90

The Last Watchdog

NOVEMBER 13, 2018

Cybersecurity vendors, of course, have been responding. The new platform has been operating for some months in the production environments at 10 enterprises, including a Fortune 100 multinational financial services firm and a Fortune 500 cosmetics retailer. And the company was recently named a 2018 Gartner Cool Vendor.

Security 140

Security Digital transformation B2C B2B 140

Collibra

AUGUST 14, 2023

If you’re in financial services, maybe you’re considering how to incorporate AI into fraud detection, or personalized customer service, denial explanations or financial reporting. Risk: What potential risks exist, and how sizable are they?

Government 52

Government Risk Financial Services Compliance 52

Rocket Software

NOVEMBER 16, 2021

Efficiency impacts revenue, customer service, brand reputation, the list goes on and on. Of course, at Rocket, we believe in the power of cutting-edge technology to keep operations running smoothly for enhanced outcomes. We also believe that the best tools and solutions must always be oriented toward one central goal – helping people.

Customer Experience 52

Customer Experience Financial Services Insurance Compliance 52

erwin

MAY 16, 2019

Today there’s an unprecedented, rapid rate of change across all industry sectors, even those that have been historically slow to innovate like healthcare and financial services. Of course, focusing on future state (desired business outcome) first, helps to reduce the scope of current-state analysis and speed up the delivery of value.

Marketing 87

Marketing Financial Services Access IT 87

Data Matters

JANUARY 25, 2018

United Shore Financial Services, LLC , the plaintiff filed a putative class action against United Shore Financial Services (United Shore) and Xerox Mortgage Services, Inc. The Sixth Circuit’s decision has important implications for how forensic investigation findings and conclusions should be handled.

Data breaches 60

Data breaches Communications Financial Services Privacy 60

Data Matters

FEBRUARY 12, 2019

While it’s of course still too early to tell how the AG’s regulations will ultimately shake out, these forums nonetheless are valuable indications of what may be to come as businesses wrestle with several key questions for CCPA compliance. Verification of Consumer Requests – Clear Rules and Exempt Weak Identifiers.

Sales 74

Sales Privacy Data Privacy Compliance 74

Rocket Software

JUNE 3, 2020

COBOL programming has been around for more than 60 years, and many consider this a “legacy” language, even though it is still used by governments and the financial services sector. Many schools believe that there is no financial viability to teaching this, and will only consider it when companies financially incentivize these courses.

Agriculture 52

Agriculture Education Financial Services Government 52

CGI

FEBRUARY 21, 2017

As financial services organizations are learning, defences against financial crime must be joined up and layered, bringing together both operational and intelligence resources. But, as criminals increase their use of enhanced tactics for financial crime, how do you ensure your AFC defences keep pace? AFC is not new.

Customer Experience 40

Customer Experience Financial Services Analytics Risk 40

HL Chronicle of Data Protection

JULY 9, 2019

It offers the opportunity to receive access to free and professional expertise and support from the ICO on complying with the GDPR and UK Data Protection Act 2018 during the course of developing products and services. In the UK financial services industry, the Financial Conduct Authority (FCA) introduced a regulatory sandbox in 2015.

GDPR 40

GDPR Personal data Privacy Financial Services 40

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

Insurance 70

Insurance Cybersecurity Risk Education 70

John Battelle's Searchblog

OCTOBER 28, 2011

Of course, were such a hypothesis true, one might imagine that the over percentage of GDP represented by government workers would have gone *down* over the past few decades. Not to mention retirement (from Social Security to 401ks, etc.). But they also show a rise in percent of GDP by government, due in the main to state and local increases.

Government 111

Government Education Military Financial Services 111

Data Matters

FEBRUARY 28, 2019

For one, many had defined the threat landscape too narrowly.

Cybersecurity 68

Cybersecurity Risk Marketing Financial Services 68

DLA Piper Privacy Matters

MARCH 30, 2023

International Activities Over the course of 2022, the DPC continued to participate in work programmes of European supervisory bodies and, despite continued travel restrictions, the DPC attended and actively participated in monthly plenary meetings (approximately 300).

Personal data 52

Personal data GDPR Compliance Financial Services 52

Reltio

JUNE 20, 2019

Also of course deployment in the cloud is the thing in modern data management – we will stop running all of this on our own iron and get it from someone else. I always like to collaborate and that is a great thing of course but only if you align expectations. Cloud gives more agility in deploying and new ways of handling data.

MDM 49

MDM Manufacturing Computer and Electronics Digital transformation 49

Reltio

MARCH 19, 2019

Of course, our initial MDM project proposal was rejected outright! Experience does of course count for a lot. It became apparent very quickly that a lack of focus on data was the root cause. This led to my first encounter with the concept of ‘Master Data Management’ which transformed my career.

MDM 75

MDM Retail IT Government 75

MIKE 2.0

OCTOBER 28, 2017

I recently heard a financial services executive on the radio talking about Bitcoin. When a listener asked him to explain what it was, he couldn’t. I’m constantly amazed by the number of leaders who aren’t across the detail of important innovations that are candidates to revolutionise their businesses in the near future.

Artificial Intelligence 40

Artificial Intelligence Blockchain Retail Manufacturing 40

HL Chronicle of Data Protection

MAY 13, 2019

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

KnowBe4

MARCH 28, 2023

That, of course, is the opposite of what will happen." Avanan has the story: [link] BEC Attacks Nearly Doubled Last Year Secureworks has published a report looking at cybercrime over the course of 2022, finding that business email compromise (BEC) attacks nearly doubled last year. "Instead, the message goes directly to the hacker.

Phishing 83

Phishing Security awareness Insurance Cybersecurity 83

Reltio

SEPTEMBER 24, 2019

She has worked in a number of different industries including Defence, Utilities, Retail and Financial Services and is a Director and Committee Member of DAMA UK; a member of the Expert Panel of Dataqualitypro.com, and she regularly writes and presents internationally on data governance best practice.

Government 55

Government Digital transformation Big data IT 55

John Battelle's Searchblog

OCTOBER 31, 2018

Of course Michelle will leverage Adwords, and Facebook, and any other advertising service to help her new business grow. But none of those services can help her figure out her je ne sai quois – for that, she needs something entirely novel. Transportation Services. Real Estate Services (Commercial).

Marketing 53

Marketing Retail Blockchain Mining 53

AIIM

OCTOBER 22, 2019

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. What are the common issues with Scanning? Scanning is important, but it is not easy to do correctly.

Paper 90

Paper Computer and Electronics Access Archiving 90

Information Matters

SEPTEMBER 17, 2018

The automobile industry discovered this decades ago and turned to also offering financial services to help customers purchase their cars as well as provide profits from interest payments and service charges. As eBay and Uber have discovered, such platforms make it extremely difficult for competitors to develop rival products.

Artificial Intelligence 40

Artificial Intelligence Insurance Data collection Sales 40

Adam Levin

NOVEMBER 17, 2020

Leave cash, your checkbook and your Social Security card at home (in a secure location, of course). Many insurance companies, financial services organizations and employers offer cyber and identity protection products and services as a perk of your relationship either for free or at a deep discount. Use ATMS carefully.

Retail 97

Retail e-Delivery Passwords Phishing 97