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Building for operational resilience in the age of AI and hybrid cloud

IBM Big Data Hub

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?

Cloud 80
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Bring light to the black box

IBM Big Data Hub

Businesses that decide to adopt AI technology are expected to have an immense advantage, according to 72% of decision-makers surveyed in a recent IBM study. Challenges around managing risk and reputation Customers, employees and shareholders expect organizations to use AI responsibly, and government entities are starting to demand it.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The Summer Meeting was highlighted by the following activities. Under the Revised CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

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
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Netsparker Product Review

eSecurity Planet

Across all plans, Netsparker generates clean, powerful reports that can be used to understand technical details and meet compliance requirements. Netsparker case studies. Government: South Dakota Bureau of Information & Telecommunications. Financial Services: ING. Authentication support Yes Yes Yes.

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The compliance challenges of hybrid working

IT Governance

Employees can again meet face-to-face and will feel less isolated, and employers can make sure staff are staying on top of their workload. Perhaps surprisingly, the former option is more popular, with a Skillscast study finding that only 20% of organisations have installed or are planning to install software to monitor remote workers.

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CyberheistNews Vol 13 #22 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks

KnowBe4

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.