Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

Financial Services 104

Financial Services Blockchain Encryption Cloud 104

Data Matters

FEBRUARY 25, 2022

Sidley and OneTrust DataGuidance are pleased to announce that registration is now open for their annual Data Protection in Financial Services (DPFS) Week. Join us from February 28 – March 3 for DPFS Week 2022 , a series of webinars looking at the impacts of data privacy across the financial sector.

Financial Services 103

Financial Services Privacy Data Privacy Cybersecurity 103

IBM Big Data Hub

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Financial Services 59

Financial Services Cloud Compliance Digital transformation 59

IBM Big Data Hub

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. One example of this is in insurance.

Financial Services 51

Financial Services Customer Experience Cloud Digital transformation 51

Data Breach Today

AUGUST 19, 2021

Menlo Security's Mark Guntrip on How to Learn to 'Defend Differently' On one hand, rapid cloud migration has been a boon to financial services organization. But it's also exposed some security weaknesses.

Financial Services 144

Financial Services Cloud Security IT 144

DLA Piper Privacy Matters

AUGUST 8, 2023

Authors: Carolyn Bigg, Amanda Ge and Venus Cheung On July 24, 2023, the People’s Bank of China (“ PBOC ”) released the Measures for the Management of Data Security in the Business Areas Falling into PBOC’s Jurisdiction (Draft for Comment) (“ Draft Measures” ) for public consultation, which closes on August 24, 2023.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

OpenText Information Management

OCTOBER 25, 2021

Every financial services organization today understands the importance of data maturity. Data maturity is about maximizing the value of your data to answer business questions, empower employees and deliver an improved customer experience. But there’s a major gap between where banks are and where they want to be.

Financial Services 64

Financial Services Customer Experience Insurance 64

IBM Big Data Hub

MAY 23, 2023

The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services. What is the IBM Cloud Framework for Financial Services?

Financial Services 67

Financial Services Cloud Compliance Risk 67

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

Hunton Privacy

DECEMBER 4, 2023

On November 28, 2023, the New York Department of Financial Services (“NYDFS”) announced that First American Title Insurance Company (“First American”), the second-largest title insurance company in the United States, would pay a $1 million penalty for violations of the NYDFS Cybersecurity Regulation in connection with a 2019 data breach.

Financial Services 64

Financial Services Insurance Data breaches Cybersecurity 64

Data Breach Today

DECEMBER 17, 2018

Digital transformation (DX) continues to drive growth across financial services firms, creating new opportunities to increase revenue and foster innovation. Cloud - whether public, private or a hybrid approach - is foundational to achieving DX objectives, as is secure, resilient and scalable network connectivity.

Digital transformation 171

Digital transformation Financial Services Cloud Security 171

Data Breach Today

JANUARY 23, 2019

Digital transformation (DX) continues to drive growth across financial services firms, creating new opportunities to increase revenue and foster innovation. Cloud - whether public, private or a hybrid approach - is foundational to achieving DX objectives, as is secure, resilient and scalable network connectivity.

Digital transformation 149

Digital transformation Financial Services Cloud Security 149

Data Breach Today

OCTOBER 16, 2019

How can financial services institutions better protect employee passwords? One of the most common threat vectors plaguing financial services institutions is the employee password.

Financial Services 125

Financial Services Passwords Risk 125

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. These revisions represent the most significant modifications since the enactment of the rules in March 2017.

Financial Services 109

Financial Services Cybersecurity Compliance Government 109

Data Breach Today

JULY 5, 2022

How can you leverage artificial intelligence and make sense of data from different industries to determine whether a customer is creditworthy or whether an account is a mule account? Guy Sheppard, general manager of financial services at Aboitiz Data Innovation, discusses a case study.

Artificial Intelligence 236

Artificial Intelligence Financial Services 236

OpenText Information Management

JANUARY 18, 2023

The roles and responsibilities around data normalization, programming communications layouts and adding … The post Empower business users in financial services to elevate customer experience appeared first on OpenText Blogs.

Customer Experience 64

Customer Experience Financial Services Communications Insurance 64

Data Breach Today

AUGUST 25, 2023

Fresh Lawsuits Target Prudential, Plus Charles Schwab and Subsidiary TD Ameritrade Two financial services giants hit by the mass attack on MOVEit file-sharing software - Prudential and Schwab - are the latest victims to face lawsuits from affected individuals.

Data breaches 246

Data breaches Financial Services 246

Data Matters

MAY 8, 2023

Critical ICT third-party service providers, who are providing services to regulated financial entities, will also be directly regulated under DORA and subject to regulatory supervision by a regulator to be established under DORA (a so-called ‘Lead Overseer’).

Financial Services 97

Financial Services Communications Cybersecurity Privacy 97

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computer and Electronics Cloud 62

Thales Cloud Protection & Licensing

DECEMBER 5, 2018

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.

Financial Services 75

Financial Services Risk Digital transformation Data breaches 75

Data Breach Today

AUGUST 24, 2021

How Banks and Insurance Providers can Leverage Modern Solutions for Modern Fraud Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.

Financial Services 130

Financial Services Insurance 130

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 265

Risk Financial Services Cloud Privacy 265

Data Breach Today

AUGUST 23, 2021

million request-per-second (rps) distributed denial of service attack, almost three times larger than any previously reported HTTP DDoS attack. Million Request-Per-Second Attack Launched by 20,000 Bots, Cloudflare Says Security firm Cloudflare says it detected and mitigated a 17.2

Financial Services 130

Financial Services Security IT 130

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

Data Breach Today

APRIL 1, 2024

Prove's Mary Ann Miller on Strategies for Stronger ID Verification The banking and financial services industry will see a growth in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive advisor with Prove.

Financial Services 281

Financial Services 281

IBM Big Data Hub

JUNE 17, 2019

Financial services organizations face considerable challenges today. From regulatory changes to globalization to shifting customer expectations, the urgent need to re-engineer outdated systems to better manage vast amount of data can apply additional pressure.

Financial Services 67

Financial Services 67

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 52

Financial Services Digital transformation Computer and Electronics Analytics 52

IBM Big Data Hub

NOVEMBER 24, 2019

From changing customer behavior and expectations, rapid innovation in digital technology, burgeoning regulatory requirements, and the macroeconomic environment, the very definition of financial services is changing.

Financial Services 89

Financial Services Cloud 89

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 240

Risk Financial Services Cloud Privacy 240

IBM Big Data Hub

JANUARY 28, 2020

Any financial services firm using AI must revisit its approach to model risk management. Now, its upcoming model risk management capabilities address the challenges that financial services firms need to solve. The reason is that AI models are evolving faster than the rules-based models that were standard previously.

Financial Services 84

Financial Services Big data Risk Compliance 84

Data Breach Today

MARCH 16, 2023

More Than 300,000 Customers Affected by Breach at Latitude Financial Services Australian personal lending provider Latitude Financial Services disclosed to regulators on Thursday hacking incidents affecting more than 300,000 consumers.

Financial Services 167

Financial Services 167

Data Breach Today

MARCH 19, 2019

Key findings from a recent study that surveyed the state of adaptive authentication in FIs. In this webinar, OneSpan and ISMG summarize key findings from a recent study that surveyed the state of adaptive authentication.

Financial Services 179

Financial Services Authentication 179

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

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 84

Cloud Financial Services Security Compliance 84

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times.

Financial Services 89

Financial Services Artificial Intelligence Computer and Electronics Cybersecurity 89

Hunton Privacy

FEBRUARY 22, 2021

Lastly, the Alert provides recommendations to secure data, noting that (1) regulated entities should review whether it is necessary to display any NPI (even redacted NPI) and (2) NPI should not be displayed on public-facing sites unless there is a compelling reason to do so.

Financial Services 86

Financial Services Insurance Cybersecurity Analytics 86

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. Cybersecurity Plan.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55