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 280

Insurance Risk Financial Services Mining 280

IBM Big Data Hub

JUNE 7, 2022

Governments and regulatory bodies around the world are working to establish safety standards. The proposed rules aim to govern automated valuation models to protect borrowers. As governments recognize and regulate the growing use of AI for crucial decisions, enterprises should prepare proactively. In the U.S.,

Government 52

Government Financial Services Compliance Cloud 52

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. LogicManager.

Compliance 57

Compliance Risk Government Retail 57

Armstrong Archives

DECEMBER 18, 2023

This reality has made data security increasingly important, requiring a sea change in the way companies handle their documents. We have decades of experience in the safe storage, scanning, and shredding of our clients’ important documents. What paperwork do I need to keep: How do you know which documents to keep or shred?

Archiving 52

Archiving Paper Records Management Compliance 52

Collibra

AUGUST 14, 2023

As we speed into a new AI era, there’s a critical element that’s often missing when organizations rush forward in hyper-competitive markets to build scalable, trusted AI programs — and that’s AI governance. An AI governance framework offers a blueprint for how to create successful AI products.

Government 52

Government Risk Financial Services Compliance 52

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 110

Cybersecurity Financial Services Compliance Encryption 110

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

Data Protection Report

APRIL 23, 2024

He noted that whilst the growing emergence of Big Tech in financial services has already made life easier for consumers, it remains unclear how valuable their data will become in financial markets. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

erwin

DECEMBER 20, 2018

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. Defining Data Governance. The evolution from Data Governance 1.0

Government 40

Government Financial Services GDPR Data breaches 40

Data Protection Report

FEBRUARY 2, 2024

On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing.

Insurance 77

Insurance Artificial Intelligence Risk Compliance 77

Collibra

MARCH 11, 2021

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. Focus on the operating model.

Government 59

Government Communications Insurance Customer Experience 59

Collibra

APRIL 11, 2022

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. What are data governance best practices?

Government 52

Government Communications Insurance Customer Experience 52

Everteam

APRIL 2, 2019

To support organizations in their efforts to manage their information properly, Spigraph is making two Everteam governance products available: everteam.discover and everteam.policy: everteam.discover is a file and content analytics solution that connects to both structured and unstructured data repositories across the organization.

Information governance 40

Information governance Marketing Government Digital transformation 40

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money.

IT 84

IT Financial Services Access Risk 84

Security Affairs

APRIL 20, 2023

ICICI Bank leaked millions of records with sensitive data, including financial information and personal documents of the bank’s clients. In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security.

Personal data 96

Personal data Phishing Risk Financial Services 96

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. For a long time companies have been more focused on the risk of losing data than on retaining too much data. In the U.S.,

Privacy 144

Privacy Compliance Personal data Risk 144

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. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. The post 6 benefits of data lineage for financial services appeared first on IBM Blog.

Financial Services 101

Financial Services Cloud Metadata Digital transformation 101

Data Matters

JUNE 24, 2021

The SEC is considering enhancing its disclosure rules concerning cybersecurity risk governance and has indicated a target release date of October 2021. enable companies to identify cybersecurity risks and incidents. evaluate the significance associated with such risks and incidents.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Data Matters

MARCH 23, 2020

On March 5, 2020, the Office of the Comptroller of the Currency (OCC) issued an updated set of answers to frequently asked questions (FAQs) 1 regarding risk management in national bank relationships with third parties to further supplement its 2013 guidance, OCC Bulletin 2013-29 (the Bulletin), 2 and its 2017 FAQs (Prior FAQs) on the topic.

Risk 68

Risk Cloud Compliance Marketing 68

Info Source

APRIL 4, 2023

Shinydocs has enabled leading organizations within the oil and gas/utilities, government, and financial services verticals to make more accurate, data-driven decisions whilst significantly reducing time searching for files and improving the overall customer and employee experiences. Read more from Jason Cassidy here.

Unstructured data 40

Unstructured data Customer Experience Marketing Financial Services 40

IBM Big Data Hub

JULY 26, 2023

AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. The first among these is using intelligent document understanding to process sustainability information. Some companies are already working on them.

Energy and Utilities 80

Energy and Utilities Agriculture Manufacturing Risk 80

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. LogicManager.

Compliance 67

Compliance Risk Government Retail 67

Security Affairs

APRIL 8, 2020

The research firm revealed that many of the government IDs exposed in the data breach have since expired. “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.”

Ransomware 102

Ransomware Data breaches Encryption Financial Services 102

eSecurity Planet

NOVEMBER 17, 2022

The sheer difficulty is one reason that vulnerability management as a service (VMaaS) and similar services have been gaining traction among security buyers. Google’s cloud security is well regarded (and the company has shared some documentation of its security architecture and practices too). Prepare Now.

Cloud 115

Cloud Encryption Ransomware Cybersecurity 115

erwin

AUGUST 13, 2020

managing risk vs ROI and emerging countries)? With more governance around the information and processes we use to document that information, we can produce more accurate and robust analyses for a true “as-is” view of the entire organization for better decision-making. M&A, new markets, products and businesses).

Artificial Intelligence 143

Artificial Intelligence Healthcare Compliance Financial Services 143

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. Other industry standards too can have the force of “pseudo-law” – notably, the NIST Cybersecurity Framework, which federal regulators often apply to financial-services firms and government contractors. PIPL Raises the Bar – And the Stakes.

Data Privacy 142

Data Privacy Compliance Privacy Security 142

Info Source

SEPTEMBER 14, 2023

Since last year’s conference the release of Generative AI into the mainstream, as well as its application in Capture & Intelligent Document Processing applications, has been on the top of everyone’s mind. Andrew discussed the risks and dangers associated with AI, as well as litigation in development that will affect the market.

Marketing 52

Marketing CMS Financial Services Cloud 52

Data Matters

FEBRUARY 25, 2021

This follows the FCA’s announcement in its 2020-21 business plan that payment services were one of its main supervisory priorities 1 and its temporary guidance of July 9, 2020, on prudential risk management and safeguarding in light of the COVID-19 pandemic ( Temporary COVID Guidance ). Prudential risk management. Safeguarding.

Authentication 68

Authentication Paper Risk Insurance 68

Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment.

Marketing 87

Marketing Government Financial Services Artificial Intelligence 87

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. For a long time companies have been more focused on the risk of losing data than on retaining too much data. In the U.S.,

Privacy 52

Privacy Compliance Personal data Risk 52

ARMA International

DECEMBER 26, 2019

Government topped the list of vertical industries at 23%. in 2017), with the remainder reporting into senior administrative roles, compliance, corporate services, or finance teams. in 2017), with the remainder reporting into senior administrative roles, compliance, corporate services, or finance teams.

Content services 76

Content services Cloud Records Management Privacy 76

Data Matters

NOVEMBER 2, 2021

For institutional investors that trade futures using a futures customer agreement with a registered futures commission merchant, or FCM, this offering can be an appealing way to access digital assets markets because it uses a familiar product and documentation. Traditional OTC Derivatives.

Blockchain 88

Blockchain Marketing Access Risk 88

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. Indeed, if you have a lawful reason to monitor employees and you document that reason, you are justified to keep an eye on their activities. Addressing technical vulnerabilities.

Compliance 119

Compliance Data breaches Privacy Risk 119

Data Protection Report

JUNE 14, 2022

As privacy incidents and security breaches involving personal information become increasingly frequent, organizations are more and more aware of the importance of implementing a robust privacy program to mitigate the risks and impacts of such incidents. Legal Obligations. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52

ARMA International

APRIL 18, 2022

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. 3 Personal Information Protection and Electronic Documents Act (PIPEDA).

Personal data 100

Personal data GDPR Privacy Records Management 100

Data Matters

MAY 21, 2020

FinCEN expects financial institutions to continue to follow a risk-based approach and to diligently adhere to their BSA obligations. Where a financial institution has made disclaimers or set forth its challenges in past SAR filings, FinCEN is not requiring the financial institution to correct those reports.

e-Discovery 68

e-Discovery Government Cybersecurity Financial Services 68

Data Protection Report

JANUARY 6, 2020

As a result, organisations need to revisit their current cookie consent mechanisms and notices and reassess their appetite to risk. Given the increased regulatory attention, and the obvious risks of over retention from a cyber-security perspective, initiating a data and records retention strategy and project should be a key priority for 2020.

Privacy 84

Privacy GDPR Data breaches Risk 84