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 85

Cloud Financial Services Security Compliance 85

Rocket Software

AUGUST 17, 2020

Depending on what industry you’re in, your approach to security may be very different. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. For almost every industry, multi-factor authentication can be beneficial. Benefits for Financial Services.

Authentication 52

Authentication Financial Services Passwords Insurance 52

IBM Big Data Hub

APRIL 5, 2024

Many industries rely on high-performance computing (HPC) to achieve this goal. For example, HPC offers high levels of computational power and scalability, crucial for running performance-intensive workloads. In the automotive industry, intelligent simulation speeds up innovation in new models.

Computer and Electronics 67

Computer and Electronics Artificial Intelligence Financial Services Manufacturing 67

IBM Big Data Hub

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data. We believe this is particularly important with the rise of generative AI.

Cloud 76

Cloud Computer and Electronics Compliance Financial Services 76

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 73

Customer Experience Financial Services Cloud Compliance 73

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 77

Cloud Financial Services Compliance Risk 77

Info Source

OCTOBER 12, 2018

To respond, incumbent banks are investing in next-generation technologies, with the global banking industry spending $519 billion on IT this year, up 4.1 Amidst a mixed set of forecasted results, Citibank has started off the Q3 US bank season reporting a stock rise of more than 2%, earnings of $1.73 per share, a net interest margin at 22.7

Financial Services 40

Financial Services Customer Experience Retail Insurance 40

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 66

Cloud Financial Services Compliance Digital transformation 66

IBM Big Data Hub

AUGUST 17, 2023

The executive order from the President of the United States, “ Responsible Development of Digital Assets ,” is one example of the public acknowledgment for the need for prudent development of such assets. For example, a government could issue a stimulus package that can only be spent on certain goods and services.

Blockchain 74

Blockchain Financial Services Risk Authentication 74

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

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. Keep software updated and use industry-recommended antivirus programs.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Data Protection Report

AUGUST 2, 2022

Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries. In this post we discuss the operational advantages of a good privacy breach record-keeping program. Risk management and mitigation. M&A and Securities law.

Compliance 137

Compliance Privacy Risk Financial Services 137

IT Governance

OCTOBER 13, 2023

EvilProxy phishing campaign targets Microsoft 365 accounts via indeed.com A phishing campaign identified by Menlo Security has been targeting senior executives in various industries – most notably banking and financial services, property management and real estate, and manufacturing – since July.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The Retail Cyber Threat Landscape Time and again, the retail industry has found itself in the crosshairs of cybercriminals. Data breaches in the retail sector illustrate the vulnerabilities inherent to this industry, emphasizing the need for robust cybersecurity measures. For retailers, this poses a two-pronged challenge.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

AIIM

MAY 19, 2020

While those are nice, one of the key reasons I join any particular association is because I consider myself to be a professional in that industry or discipline. Do you want to learn more about how your industry works? Or did you just switch industries or professions, and aren’t sure where to begin? For example, the U.S.

Records Management 171

Records Management Privacy Government Information governance 171

Data Matters

JUNE 12, 2020

The ANPR offers industry participants an opportunity to shape future guidance and remove regulatory burdens to offering innovative new products, partnering with technology companies and enhancing operations through deployment of new technologies. In particular, the ANPR seeks comment on 10 groups of specific questions, including these: i.

Artificial Intelligence 68

Artificial Intelligence Blockchain Financial Services Computer and Electronics 68

IBM Big Data Hub

APRIL 20, 2023

Let’s consider a few examples: At a materials engineering corporation An American materials engineering corporation, a global leader in the semiconductor industry, has been driving finance transformation through automation in partnership with IBM so the business can grow, even with a fixed finance headcount.

Mining 69

Mining Financial Services Digital transformation Retail 69

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

eSecurity Planet

AUGUST 9, 2022

The FTC, for example, has an extremely broad regulatory reach (sometimes having overlapping jurisdiction with other agencies) and enforces many laws not mentioned here that affect data practices. for example, all 50 states (along with the District of Columbia, Puerto Rico, the U.S. In the U.S.,

Data Privacy 145

Data Privacy Compliance Privacy Security 145

IBM Big Data Hub

JANUARY 10, 2024

To address these concerns the industry is embracing container runtime environments to abstract away infrastructure. As such, the industry continues to move away from traditional moat-and-castle strategies towards zero trust-based architectures that micro-segment environments to minimize attack surfaces.

Security 74

Security Cloud Data Privacy Financial Services 74

IBM Big Data Hub

JULY 12, 2023

For years, the bank has been part of IBM’s growing ecosystem of financial institutions and technology partners leveraging IBM Cloud for Financial Services to help deliver more improved customer services and products better tailored to each individual customer’s financial needs.

Digital transformation 50

Digital transformation Financial Services Cloud Customer Experience 50

Collibra

APRIL 16, 2024

Global Systems Integrator of the Year Deloitte is a leader when it comes to business results, solutions development, global execution and vertical industry coverage. They continually support seamless global execution across diverse industries and regions to help organizations get more value from their data.

Cloud 52

Cloud Government Financial Services Retail 52

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 20, 2023

AI’s value is not limited to advances in industry and consumer products alone. When implemented in a responsible way—where the technology is fully governed, privacy is protected and decision making is transparent and explainable—AI has the power to usher in a new era of government services.

Government 105

Government Artificial Intelligence Privacy Digital transformation 105

The Last Watchdog

JUNE 15, 2023

for example, Microsoft merchant experiences with SCA under PSD2 ). Industry collaboration Telford-Reed In the Web Payment Security Interest Group , W3C, the FIDO Alliance, and EMVCo pursue improvements to online payment security through the development of interoperable technical specifications.

Authentication 100

Authentication Communications Financial Services Retail 100

IBM Big Data Hub

JANUARY 15, 2024

For example, generative AI as a prompt engine will improve efficiency by dramatically reducing the time humans take to create outlines, come up with ideas and learn important information. For example, applied ML will help organizations that depend on the supply chain engage in better decision making, in real time.

Digital transformation 73

Digital transformation Customer Experience Artificial Intelligence IoT 73

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

Data Matters

MARCH 28, 2022

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

erwin

MAY 2, 2019

If, for example, a business sets a goal to increase its website sales by 20 percent in one year’s time, meeting that goal will require that different IT and business functions work together. One team member might specialize in security, for example, and another in applications. erwin, Inc.’s

Digital transformation 95

Digital transformation Healthcare Compliance Cloud 95

Rocket Software

NOVEMBER 19, 2020

This acquisition is actually an extremely timely one, and the synergies arising from the strategic combination of Rocket’s mainframe solutions with ConnectIQ’s RPA solutions could signal major reverberations in some of the world’s core industries and institutions. . That’s just one (albeit particularly timely) example of the power of RPA.

Insurance 68

Insurance Financial Services Sales Government 68

Security Affairs

APRIL 20, 2023

If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.

Personal data 98

Personal data Phishing Risk Financial Services 98

Data Protection Report

MAY 24, 2024

More broadly, it considers potential issues that could be raised by AI (for example, anti-competitive self-preferencing). The BoE and PRA are planning to run the third instalment of their ‘ML in UK financial services’ survey, to ensure their understanding of AI/ML adoption remains up to date.

Government 40

Government Risk Marketing Paper 40

IBM Big Data Hub

JULY 11, 2023

The number of IoT connected devices are growing in practically every industry, and is even predicted to reach 29 billion worldwide by 2030. These IoT connected devices form a critical backbone of data for industry. What new organizational, cross-industry or societal innovation could be generated as a result?

IoT 53

IoT Artificial Intelligence Agriculture Blockchain 53

Data Protection Report

JUNE 14, 2022

For example, organizations operating in the health, telecommunications or financial services industries may be required to keep a record of privacy incidents pursuant to an industry-specific statute or regulation. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

IBM Big Data Hub

FEBRUARY 14, 2024

For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions. In industrial settings, narrow AI can perform routine, repetitive tasks involving materials handling, assembly and quality inspections. Routine questions from staff can be quickly answered using AI.

Artificial Intelligence 86

Artificial Intelligence Retail Unstructured data Insurance 86