IBM Big Data Hub

NOVEMBER 29, 2023

Financial Services clients are increasingly looking to modernize their applications. Moreover, many of these financial services applications support regulated workloads, which require strict levels of security and compliance, including Zero Trust protection of the workloads.

Cloud 91

Cloud Financial Services Security Compliance 91

Hunton Privacy

FEBRUARY 22, 2024

It is interesting, but perhaps coincidental, that the filings seem limited to two broad industry groups: technology and financial services. Of course, the SEC filing is one piece of a much larger puzzle when a company is working through a cyber incident and related remediation. was necessary at the time of filing.

Cybersecurity 80

Cybersecurity Financial Services Marketing IT 80

The Last Watchdog

JUNE 28, 2021

This of course is how they get a toehold to go deeper. Microsoft said it notified the targeted 150 organizations, which included “IT companies (57%), followed by government (20%), and smaller percentages for non-governmental organizations and think tanks, as well as financial services.” I’ll keep watch and keep reporting.

Phishing 214

Phishing Passwords Authentication Financial Services 214

AIIM

MARCH 3, 2020

Too often I hear one of two, equally bad answers: Keep Records for Seven years: This seems to be the de facto answer, especially for financial services records. Internal Revenue Service rules around when they can audit individual and corporate tax returns. As near as I can tell, this comes from the U.S.

Records Management 162

Records Management Financial Services Big data Analytics 162

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 ? The Disneyland Team uses common misspellings for top bank brands in its domains. Bank customers. Bank customers.

Phishing 281

Phishing Authentication Financial Services Access 281

The Last Watchdog

JUNE 7, 2021

All tech companies have data, of course, but the only data that’s truly valuable and provides insights—actionable data—isn’t as universal as it should be. Teeming with shared, actionable data is the financial services industry. The current state of data in cybersecurity is a tale of The Haves and The Have-WAY-mores.

Cybersecurity 168

Cybersecurity Financial Services Privacy Insurance 168

IBM Big Data Hub

MAY 13, 2024

Financial services Employees in finance increasingly have enhanced tools to help them make better investments on behalf of their clients. Nearly 70% of financial services leaders believe at least half of their workforce requires upskilling in 2024. This is where AI upskilling and reskilling come into play.

Digital transformation 84

Digital transformation Education Financial Services Artificial Intelligence 84

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

The Last Watchdog

AUGUST 21, 2019

namely smart refrigerators, garage doors, home routers and the like – nearly quadrupled for the retail and financial services sectors. Across US-based financial services companies, attacks from bulletproof proxies spiked 518% between Q1 2019 and Q2 2019. The result is what we see taking place in the Internet wild today.

IoT 153

IoT Financial Services Retail Marketing 153

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

Data Protection Report

MAY 24, 2024

Background – white paper response on the UK’s approach to AI regulation In February 2024, the UK Department for Science, Innovation, and Technology (DSIT) set out the government’s proposed approach to AI regulation. It published a response to its consultation on its 2023 white paper, ‘A pro innovation approach to AI regulation ’ (the White Paper).

Government 45

Government Risk Marketing Paper 45

Krebs on Security

OCTOBER 7, 2022

Zelle is run by Early Warning Services LLC (EWS), a private financial services company which is jointly owned by Bank of America , Capital One , JPMorgan Chase , PNC Bank , Truist , U.S. Bank , and Wells Fargo. The first question asks, Did the request actually come from an authorized owner or signer on the account? .

Passwords 268

Passwords Financial Services IT Phishing 268

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. For most of them, it's a huge wake-up call. For many companies I’m familiar with, this simply isn’t going to happen.

GDPR 120

GDPR Compliance Records Management Financial Services 120

Krebs on Security

JULY 21, 2022

“There are just horrifying stories that run the gamut in terms of victims, from young women early in their careers, to senior citizens and even to people working in the financial services industry.” “The scale of this is so massive. With victims who are really losing their minds and in some cases are suicidal.”

Marketing 307

Marketing Communications Mining Financial Services 307

eSecurity Planet

SEPTEMBER 16, 2022

In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% Fraud.net offers specific solutions for a number of industries, including gaming, financial services, and eCommerce, as well as government organizations.

Analytics 111

Analytics Risk Authentication Financial Services 111

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. IoT risks have been a low-priority, subset concern.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

eSecurity Planet

JANUARY 24, 2024

For teams in industries like financial services, healthcare, and government, the more specific the access rule, the better. Firewall rules are preconfigured, logical computing controls that give a firewall instructions for permitting and blocking network traffic. Access rules help block known malicious traffic sources.

Access 107

Access Financial Services Compliance Security 107

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. That's the question I’m being increasingly asked these days. I think not. Each professional consulting firm I’ve come across carries out data protection audits / health checks in different ways.

GDPR 136

GDPR Privacy Compliance Personal data 136

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

IBM Big Data Hub

MARCH 27, 2024

Once again, as a financial institution, if you still offer checks as a service offering, you will face declining margins. You might, of course, raise the price, but that would likely only accelerate the volume decline. Existing real-time payment services can accommodate richer, structured data for things such as bill payments.

Financial Services 64

Financial Services Marketing Cloud Customer Experience 64

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

eSecurity Planet

AUGUST 22, 2023

Then they might prioritize the BOM documents after that, because while it doesn’t endanger anyone’s PII, it could be stolen by a competitor and result in financial loss. Of course, any damage isn’t ideal, but at what point would the business be in trouble? But it requires different levels of security.

Data breaches 98

Data breaches Big data Cybersecurity Security 98

Thales Cloud Protection & Licensing

FEBRUARY 28, 2024

The limited number of CSPs may give CSPs outsized bargaining power when contracting with financial institutions. International landscape and regulatory fragmentation. Still, any organization can strengthen its security in the cloud by tightening its own control over sensitive data.

Cloud 78

Cloud Government Encryption Security 78

Reltio

DECEMBER 10, 2021

Reference customers liked its capabilities around user-friendly search, ease to manage, and reliability, as well as its well-managed software-as-a-service (SaaS) platform.”. Reltio serves several retail, travel and hospitality, and financial services customers that experience significant seasonal spikes in their usage.

MDM 98

MDM Analytics Digital transformation Cloud 98

The Last Watchdog

JANUARY 11, 2021

The action taken by Facebook and Twitter last week was a stark reminder of how digital tools and services can be manipulated by badly motivated parties in insidious ways. These mobile app exposures don’t just affect political campaigns, off course. It only took Trump inciting a failed coup d’état that cost five lives.

Security 157

Security Libraries Encryption Privacy 157

CGI

DECEMBER 12, 2014

However, at this time, the personalisation of many digital services we use daily lags behind the options available in the physical retail world, such as: Financial services force consumers to select from ‘one size fits all’ products rather than allowing consumers to infinitely tune financial products and plans to suit their own needs.

Marketing 40

Marketing Retail IT Financial Services 40

IT Governance

DECEMBER 7, 2017

One key contributory factor may be an increase in staff turnover, as employees may take key client and financial information with them when they leave. It has been revealed that there has been a 25% increase in the number of High Court cases involving stolen confidential data. Different opinions. Staff education.

Education 71

Education Information Security Financial Services Risk 71

IT Governance

JANUARY 16, 2024

Rose Dominican Hospital Source (New) Healthcare USA Yes 2,652 DentalXChange Source 1 ; source 2 (New) Software USA Yes 2,574 Walker County, Texas Source (New) Public USA Yes 2,420 Cambridge Labour Party Source (New) Public UK Yes 1,942 Hi-Crush Source 1 ; source 2 (New) Energy USA Yes 1,902 Villager Construction, Inc.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

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. AI is everywhere these days. We’re thrilled by the tidal wave of interest because it perfectly aligns with our core mission.

Government 52

Government Risk Financial Services Compliance 52

erwin

NOVEMBER 14, 2019

Other highly regulated industries, like financial services, also face strict data privacy mandates, including those from the Basel Committee on Banking Supervision (BCBS) and the Financial Industry Regulatory Authority (FINRA). Of course, metadata management is at the heart of any data governance initiative.

Government 105

Government Data breaches Metadata GDPR 105

The Last Watchdog

NOVEMBER 13, 2018

Cybersecurity vendors, of course, have been responding. Bad actors are standing up these virtual bots by the million, cheaply and stealthily, via Amazon Web Services, Microsoft Azure and Google Cloud. But then along came cloud services, mobile computing and the Internet of Things, which gelled into digital transformation.

Security 140

Security Digital transformation B2C B2B 140

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. The only thing that’s constant for most organizations is change. They manage their technology portfolio by looking at their IT infrastructure needs.

Marketing 87

Marketing Financial Services Access IT 87

IBM Big Data Hub

MAY 10, 2023

That technology, of course, is artificial intelligence. Today, we are witness to one of those rare moments in history—the rise of an innovative technology with the potential to radically transform business and society forever. Traditional approaches to managing IT often can’t keep up with the demands of modern business.

Artificial Intelligence 81

Artificial Intelligence Cloud Marketing Digital transformation 81

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

Adam Levin

AUGUST 21, 2019

all the ways that can become manifest–is of course also complex. There may be modules to go through for employees, or PowerPoint courses, or quizzes. Equifax settled recently on a penalty of more than $700 million. Getting cyber wrong is expensive. Getting cyber wrong–i.e., Bob, you’re fired.

Phishing 55

Phishing Cybersecurity Passwords Financial Services 55

eSecurity Planet

OCTOBER 5, 2021

Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research. MFA for services. VPNs and traditional log-ins aren’t the only way hackers can access corporate data, of course. Clearly, MFA can’t work for everything.

Authentication 103

Authentication Passwords Access Computer and Electronics 103

Bill Schmarzo - Dell EMC

MARCH 5, 2018

I teach a “Solution Decomposition Process” course at the University of San Francisco as well as at other universities whenever I guest lecture (like I will be doing at NUI Galway, Ireland on March 16 from 6:00pm to 8:00pm ). Figure 3: PNC Financial Services Group 2015 Annual Report. The power of this process is its simplicity.

Artificial Intelligence 111

Artificial Intelligence Analytics Big data Mining 111