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. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Data Breach Today

JULY 23, 2020

Company Could Be Fined $1,000 for Each Violation of State Cybersecurity Law The New York State Department of Financial Services has filed civil charges against First American Title Insurance Co., which has been accused of exposing hundreds of millions of documents that contained customers' mortgage and personal data.

Insurance 231

Insurance Financial Services Personal data Cybersecurity 231

Security Affairs

MARCH 17, 2020

Security experts from vpnMentor have discovered two corporate finance companies that leak half a million legal and financial documents online. vpnMentor experts uncovered a database exposed online on Amazon Web Services (AWS) that is leaking a huge amount of sensitive legal and financial documents.

Financial Services 142

Financial Services Access Privacy Security 142

IBM Big Data Hub

FEBRUARY 26, 2024

The financial services industry has been in the process of modernizing its data governance for more than a decade. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? Don’t wait.

Financial Services 90

Financial Services Cloud Metadata Digital transformation 90

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. First American Financial Corp.

Insurance 319

Insurance Risk Financial Services Mining 319

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 111

Financial Services Cybersecurity Compliance Government 111

The Last Watchdog

FEBRUARY 11, 2024

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams. The list goes on.

Risk 234

Risk IT Financial Services Cybersecurity 234

Krebs on Security

MAY 19, 2021

Many online services allow users to reset their passwords by clicking a link sent via SMS, and this unfortunately widespread practice has turned mobile phone numbers into de facto identity documents. Which means losing control over one thanks to a divorce, job termination or financial crisis can be devastating.

Authentication 361

Authentication Passwords Financial Services Risk 361

Krebs on Security

SEPTEMBER 11, 2019

The company that handled that process for MyPayrollHR is a California firm called Cachet Financial Services. On Monday, New York Governor Andrew Cuomo called on the state’s Department of Financial Services to investigate the company’s “sudden and disturbing shutdown.”

Financial Services 279

Financial Services Cloud Insurance IT 279

Info Source

JANUARY 28, 2021

will focus on cloud, low-code technology solution to accelerate loan and mortgage document processing. a leader in intelligent document processing automation and data enrichment solutions, and JIFFY.ai , a fast-growing leader in enterprise-grade automation technology, have announced a formalized, strategic partnership. . –

Digital transformation 52

Digital transformation Financial Services Marketing Cloud 52

The Last Watchdog

MARCH 13, 2019

Melissa was hidden in a weaponized Word document that arrived as an email attachment. This gives you an idea of the steady flow of weaponized email attacks against companies of all sizes and in all sectors, with certain verticals, namely financial services, healthcare companies and tech firms bearing the brunt.

Systems administration 100

Systems administration Financial Services Insurance Security 100

OpenText Information Management

FEBRUARY 6, 2023

Have you ever been presented with stack of financial documents plastered with sticky notes and felt confused about where to sign and overwhelmed by the wording? consumer duty for the financial services industry appeared first on OpenText Blogs.

Financial Services 59

Financial Services Customer Experience Retail Cloud 59

IBM Big Data Hub

APRIL 4, 2024

The traditional approach for banks and ISV application onboarding involves a review process, which consists of several key items like the following: A third-party architecture review, where the ISV needs to have an architecture document describing how they are deploying into the cloud and how it is secure.

Financial Services 55

Financial Services Cloud Compliance Digital transformation 55

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

AIIM

OCTOBER 22, 2019

Also known as “capture,” this capability is characterized by the ability to scan paper documents to store and use them in digital form instead of paper. First developed over 30 years ago, capture systems have evolved from simple solutions for basic scanning into sophisticated and expensive systems for enterprise-wide document automation.

Paper 92

Paper Computer and Electronics Access Archiving 92

OpenText Information Management

JULY 12, 2023

Fax is so secure that faxed documents and signatures are recognized in the courts as being legally binding. It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better? The paper problem Financial services workflows have always been heavily paper-based.

Financial Services 52

Financial Services Cloud Customer Experience Paper 52

Security Affairs

APRIL 28, 2024

ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai. It offers a wide range of banking and financial services for corporate and retail customers. The bank has a network of 6000 branches, and 17000 ATMs across India and has a presence in 17 countries.

Financial Services 136

Financial Services Retail IT Information Security 136

AIIM

AUGUST 11, 2020

You'll hear about Crawford Technologies and how they helped a financial services company design, implement, and issue documents in accessible PDF format to their blind, partially sighted, and cognitively disabled customers. Also on the episode, Kevin explores an AIIM Member Case Study.

Financial Services 175

Financial Services Access 175

Security Affairs

SEPTEMBER 5, 2021

The bank was hit by AVOS Locker Ransomware operators who claim to have stolen sensitive documents from the financial institution. “Pacific City Bank provides outstanding banking and financial services for businesses and consumers. . Attached are some of the documents that were exfiltrated.”

Ransomware 136

Ransomware Financial Services Archiving Security 136

The Last Watchdog

MARCH 14, 2022

Financial services, health, home security, governance and all other mission critical services are now provided online. Each time we subscribe for an online service or install a mobile application, we are introduced with a document which explains in detail how our private data will be handled. Few folks bother.

Privacy 223

Privacy Artificial Intelligence Financial Services Archiving 223

Krebs on Security

JANUARY 25, 2022

The reader who shared this story (and copious documentation to go with it) asked to have his real name omitted to avoid encouraging further attacks against his identity. ” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C. So we’ll just call him “Jim.”

Financial Services 224

Financial Services IT Data breaches Passwords 224

Security Affairs

AUGUST 20, 2024

In December 2023, Toyota Financial Services (TFS) warned customers it had suffered a data breach that exposed sensitive personal and financial data. Toyota Financial Services (TFS) is the finance arm of the Toyota Motor Corporation.

Data breaches 117

Data breaches Financial Services Archiving Passwords 117

Data Protection Report

MARCH 1, 2021

On March 3, 2021, the New York Department of Financial Services (NYDFS) announced a Consent Order with a NYDFS-licensed Maine-based mortgage banker and loan servicer settling alleged violations of the NYDFS cybersecurity regulations. ( In the matter of Residential Mortgage Services, Inc., March 3, 2021).

Cybersecurity 98

Cybersecurity Financial Services Risk IT 98

Security Affairs

AUGUST 31, 2021

The operators behind LockFile ransomware encrypt alternate blocks of 16 bytes in a document to evade detection. Instead, LockFile encrypts every other 16 bytes of a document. This means that a file such as a text document remains partially readable and looks statistically like the original. LOCKFILE-README-[hostname]-[id].hta’)

Encryption 143

Encryption Ransomware Financial Services Manufacturing 143

AIIM

MAY 6, 2020

This will predominantly be documents with a structure such as forms, orders, invoices, delivery dockets, and vouchers. The steps for capture-to-process include: Recognize and extract useful data from the document or form. These important hidden benefits include: Improved searchability of business documents.

Paper 149

Paper Digital transformation Financial Services Records Management 149

Security Affairs

OCTOBER 14, 2024

US-based financial services company Fidelity Investments warns 77,000 individuals of a data breach that exposed their personal information. based financial services company Fidelity Investments is notifying 77,099 individuals that their personal information was compromised in an August cyberattack.

Data breaches 133

Data breaches Financial Services Access Security 133

Krebs on Security

DECEMBER 27, 2019

-based Synoptek is a managed service provider that maintains a variety of cloud-based services for more than 1,100 customers across a broad spectrum of industries , including state and local governments, financial services, healthcare, manufacturing, media, retail and software. When the site was first set up on Dec.

Ransomware 191

Ransomware IT Phishing Financial Services 191

Collibra

AUGUST 29, 2024

As financial services organizations continue to advance their data governance programs, they begin to reap substantial rewards in compliance, risk management and business insights. For financial services firms, this data is essential not only for daily operations but also for strategic decision-making.

Government 95

Government Financial Services Metadata Compliance 95

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 166

Records Management Financial Services Big data Analytics 166

erwin

FEBRUARY 20, 2020

Whether documenting systems and technology, designing processes and value streams, or managing innovation and change, organizations need flexible but powerful EA and BP tools they can rely on for collecting relevant information for decision-making. The Advantages of Enterprise Architecture & Business Process Modeling from erwin.

Compliance 128

Compliance Financial Services Healthcare Digital transformation 128

The Last Watchdog

JULY 11, 2023

This includes scanning all materials, such as investor onboarding documents and communication. He has over 25 years of global leadership experience within the financial services industry, having spearheaded development across Electronic Trading, OMS, Risk, Compliance and Data. Implement strong data encryption.

Encryption 189

Encryption IT Risk Financial Services 189

Security Affairs

JUNE 5, 2021

Recently Cyber researchers for Cyble investigated an attack suffered by on May 30, 2021, by Nucleus Software, an India-based IT company in the Banking and Financial Services sector. Nucleus Software declared that it does not store customers’ financial data. . ” concludes the report. Pierluigi Paganini.

Ransomware 145

Ransomware Encryption File names Financial Services 145

Info Source

FEBRUARY 2, 2021

LOUIS, MO., — February 2, 2021 — KnowledgeLake today announced growth figures for 2020 that highlight the rapid adoption of its cloud-native platform for intelligent document processing that gives organizations control of the entire document lifecycle and the ability to capture, process, and manage almost any document. .

Cloud 59

Cloud ECM Financial Services Manufacturing 59

AIIM

MARCH 19, 2019

Knowledge and documentation metadata? Join us for a free webinar on Wednesday, March 20th at 2pm as Leading Financial Services Analyst, Norman Wren, walks through a case study to show how his company leveraged smart technology to take back control of their data and improve customer experience. Is your data an asset?

Customer Experience 112

Customer Experience Metadata Financial Services IT 112

Security Affairs

APRIL 8, 2020

“Many of the ID documents we have on file have expired, but if you believe you provided to HMR IDs that are still valid, report these documents as being compromised to the organisation that issued them.” “Consider contacting CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration. .

Ransomware 133

Ransomware Data breaches Encryption Financial Services 133

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 111

Cybersecurity Financial Services Compliance Encryption 111

Security Affairs

DECEMBER 22, 2023

The company refused to pay the ransom and the ransomware gang threatened to leak the alleged stolen documents, including project data, clients’ and partners’ info, and NDAs. The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident.

Ransomware 141

Ransomware Data breaches Financial Services Archiving 141