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? This often happens to consumers when, for example, reviewing details about a new car lease or opening a new investment account.

Financial Services 59

Financial Services Customer Experience Retail Cloud 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 48

Financial Services Customer Experience Cloud Digital transformation 48

Krebs on Security

APRIL 28, 2020

Data from recent financial transactions can not only help fraudsters better impersonate your bank, it can also be useful in linking a customer’s account to another account the fraudsters control. “Particularly worrisome is the activity taking place in the financial services sector, where call traffic topped previous highs by 800%.”

Financial Services 363

Financial Services Sales Authentication Risk 363

IBM Big Data Hub

JANUARY 25, 2024

As such, more organizations are increasing their dedication to CX strategy and looking towards successful customer experience examples for inspiration. Thankfully, customer-centric organizations have many tools, examples, and use cases at their disposal to meet the growing needs of today’s customers.

Customer Experience 66

Customer Experience Retail Sales Artificial Intelligence 66

Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. Reply YES to send, NO to cancel. ABC Credit Union. STOP to end all messages.”

IT 363

IT Passwords Authentication Phishing 363

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Financial Services 360

Financial Services Government Authentication IT 360

OpenText Information Management

JULY 12, 2023

The paper problem Financial services workflows have always been heavily paper-based. For example, in … The post Three use cases for cloud fax in financial services appeared first on OpenText Blogs.

Financial Services 52

Financial Services Cloud Customer Experience Paper 52

Krebs on Security

AUGUST 13, 2021

“To date, this type of analysis has been used primarily by regulated financial service providers.” . “It is also significant because it makes blockchain analytics available to the public for the first time,” Robinson wrote. ” That may not be entirely true.

Blockchain 339

Blockchain Analytics Marketing Ransomware 339

ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

Krebs on Security

SEPTEMBER 29, 2021

. “Over the past few months, we’ve seen actors provide access to services that call victims, appear as a legitimate call from a specific bank and deceive victims into typing an OTP or other verification code into a mobile phone in order to capture and deliver the codes to the operator.

Passwords 351

Passwords Authentication Phishing Access 351

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

The Last Watchdog

DECEMBER 6, 2022

Machine learning can be applied to facial recognition data, for example, to provide an invisible security layer, with no actions required from the user. One touchless delivery model is through face recognition, and a good example is the core functionality built into GuacamoleID, supplied by Hummingbird.AI.

Authentication 203

Authentication Passwords Artificial Intelligence Financial Services 203

Data Protection Report

OCTOBER 17, 2024

On October 16, 2024, the New York Department of Financial Services (“NYDFS” or “DFS”) issued guidance raising awareness about combatting cybersecurity risks arising from artificial intelligence (“AI”) used by DFS licensees, such as insurers and virtual currency businesses.

Artificial Intelligence 56

Artificial Intelligence Financial Services Risk Cybersecurity 56

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance.

Insurance 68

Insurance Financial Services Compliance Retail 68

Data Matters

JANUARY 28, 2022

Other government agencies, like the New York Department of Financial Services and the Federal Trade Commission, are also increasingly focused on the need for broad implementation of MFA. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

The Last Watchdog

DECEMBER 21, 2021

Some 11,800 computer software companies, 10,000 IT services vendors, 5,500 health care organizations and 3,200 financial services firms continue to maintain on-premises Exchange email servers, according to this report from Enlyft. For example, Stellar Repair for Exchange tool can repair corrupt or damaged Exchange EDB files.

Cloud 222

Cloud Financial Services Communications Ransomware 222

Krebs on Security

NOVEMBER 16, 2022

For example, one domain the gang has used since March 2022 is ushank[.]com 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 ? Bank customers.

Phishing 310

Phishing Authentication Financial Services Access 310

Info Source

OCTOBER 12, 2018

For example, ChatBot technology is becoming particularly popular in banking for customer service, by cutting down handling times and accelerating payments processing, enabling better customer interaction by eliminating errors and increasing efficiency. per share, a net interest margin at 22.7

Financial Services 40

Financial Services Customer Experience Retail Insurance 40

The Last Watchdog

SEPTEMBER 21, 2018

Poor configuration of cloud services can translate into gaping vulnerabilities—and low hanging fruit for hackers, the recent Tesla hack being a prime example. Though DevOps-centric organizations can gain altitude quickly, they also tend to generate fresh security vulnerabilities at a rapid clip, as well.

Cloud 203

Cloud Security Mining Financial Services 203

Security Affairs

DECEMBER 26, 2018

Researchers at Menlo Labs uncovered a malicious email campaign targeting employees of banks and financial services companies abusing Google Cloud Storage. “It’s an example of the increased use of “reputation-jacking”—hiding behind well-known, popular hosting services to help avoid detection.

Cloud 111

Cloud Financial Services Archiving Phishing 111

Krebs on Security

SEPTEMBER 27, 2019

Magnify Money explains more: “Say, for example, that you write yourself a check for $500 from checking account A, and deposit that check into checking account B — but the balance in checking account A is only $75. Then, you promptly withdraw the $500 from checking account B. .” 1, 2019 to Aug.

Financial Services 268

Financial Services Insurance Cloud IT 268

DXC Technology

NOVEMBER 8, 2019

For example, most EMEA and North American financial services businesses are moving to multi-clouds within the next two years. Many companies are moving to multi-cloud deployments. Gartner reports 81 percent of surveyed public cloud users are already working with multi-clouds. I disagree.

Cloud 86

Cloud Financial Services IT 86

Krebs on Security

OCTOBER 7, 2022

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. Elizabeth Warren (D-Mass.), Bank , and Wells Fargo.

Passwords 291

Passwords Financial Services IT Phishing 291

Security Affairs

JULY 25, 2024

During his testimony to the House Oversight Committee, Mr. Wray cited the ISIS-K attack on Crocus City Hall in Moscow in March as an example of the type of threat the bureau is increasingly concerned about.

Risk 140

Risk e-Delivery Communications Financial Services 140

Data Matters

SEPTEMBER 6, 2022

The OAG issued its first CCPA enforcement fine, updated CCPA enforcement examples on the OAG’s CCPA webpage, and made related statements to the press regarding what we can expect in the future from the OAG with respect to CCPA enforcement. New CCPA Enforcement Case Examples – Opt Outs, GPC, Clarity & Functionality Are Top of Mind.

Privacy 197

Privacy B2B Sales Compliance 197

IBM Big Data Hub

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

Cloud 73

Cloud Financial Services Compliance Risk 73

The Last Watchdog

SEPTEMBER 24, 2024

As an example, you have two tokens – one for NPD and another for your bank, and after such a breach, the NPD token would be revoked so NPD cannot use your data, but everything will work fine at the bank. Governments can create a digital identity at birth to replace SSN in its current use. That identity is tied to specific vendors.

Authentication 216

Authentication IT ROT Compliance 216

Security Affairs

AUGUST 31, 2021

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. 3/4 Specifically, in the example tx, the hacker makes a flashloan of 500 ETH and deposit the funds as collateral. It promises earnings to users who are passively holding ETH or wBTC.

Blockchain 135

Blockchain Financial Services Marketing Security 135

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 82

Cloud Financial Services Security Compliance 82

The Last Watchdog

JULY 7, 2021

When you have a victim that came from a phishing attack on the financial services industry for example, and then later you obtain that victim’s gaming details, if there is a match on email addresses, username, address, etc. SQLi for example. For example, think about magic links.

Passwords 257

Passwords Authentication Marketing Access 257

eSecurity Planet

AUGUST 9, 2022

financial data must comply with consumer-protection laws such as the Electronics Fund Transfer Act (EFTA) and a litany of regulations enforced by the SEC (such as Sarbanes-Oxley), CFTC, FISMA, and other financial regulatory bodies. for example, all 50 states (along with the District of Columbia, Puerto Rico, the U.S. In the U.S.,

Data Privacy 138

Data Privacy Compliance Privacy Security 138

IBM Big Data Hub

FEBRUARY 4, 2022

ISO 20022 was first introduced in 2004 to provide more standardization and deliver richer information for Financial Services transactions. Leveraging rich data to provide value-added services, such as real-time fraud detection, automated reconciliation, etc. Background on ISO 20022.

Artificial Intelligence 119

Artificial Intelligence Financial Services Analytics Marketing 119

John Battelle's Searchblog

OCTOBER 11, 2014

Sometimes it’s an unscripted, wide ranging conversation (like during Advertising Week , for example), but other times it’s a formal presentation, which means many hours of preparation and reportage. I’ve been wandering the halls of theory for a while here, so some examples are in order. What has Uber done?

Financial Services 108

Financial Services Marketing Manufacturing Big data 108

DLA Piper Privacy Matters

APRIL 20, 2021

This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. similar to the PIS Specification, but focused on the banking and financial services industry). Level 1: public data. are fulfilled.

Compliance 111

Compliance Security Financial Services Data collection 111

IBM Big Data Hub

SEPTEMBER 18, 2023

This is just one of many examples that show how the payments space has evolved. Through this period of rapid transformation, financial institutions must also deliver frictionless experiences to help maintain long-lasting client relationships and gain new market share.

Customer Experience 69

Customer Experience Financial Services Cloud Compliance 69

Collibra

FEBRUARY 11, 2020

Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. For example, FinTech and RegTech companies are very interested in working with companies that have a strong framework for managing data, including personal data. .

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

Thales Cloud Protection & Licensing

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Compliance 62

Compliance Financial Services Encryption Insurance 62