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GUEST ESSAY: Why internal IT teams are ill-equipped to adequately address cyber risks

The Last Watchdog

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
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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Systemic risk includes critical third-party vendors and catastrophic cyber events involving third parties, such as NotPetya and SolarWinds. Educate Insureds and Insurance Producers. Evaluate Systemic Risk.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cyberattack Statistics. Other methods.

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Report shows increase in social engineering

IT Governance

Common tactics include creating a sense of urgency, impersonating trusted brands, seeking to exploit natural curiosity and taking advantage of frequent events such as software updates. Organisations need to educate their staff to be alert, vigilant and secure.

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The most valuable AI use cases for business

IBM Big Data Hub

They can also help businesses predict future events and understand why past events occurred. By infusing AI into IT operations , companies can harness the considerable power of NLP, big data, and ML models to automate and streamline operational workflows, and monitor event correlation and causality determination.

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ManageEngine Product Review

eSecurity Planet

This includes security, help desk, networking, and application performance. The ManageEngine IT security portfolio spans everything from privileged access management (PAM) to network configuration to password management. It provides controls for managing security from all angles. ManageEngine’s key IT security solutions.

Cloud 52
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Conversational AI use cases for enterprises

IBM Big Data Hub

ML and DL lie at the core of predictive analytics, enabling models to learn from data, identify patterns and make predictions about future events. Conversational AI is also making significant strides in other industries such as education, insurance and travel. Ensuring fairness and inclusivity in conversational AI is crucial.

Analytics 106