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Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor

Thales Cloud Protection & Licensing

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector. Thu, 09/01/2022 - 05:15.

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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. Insurance and financial services are built on trust, so these changes will help organizations differentiate from competition.

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SHARED INTEL: Poll highlights the urgency to balance digital resiliency, cybersecurity

The Last Watchdog

Remote work already had an impact on IT strategy and the shift to cloud, including hybrid cloud , well before the onset of Covid 19. To gain these insights, A10 Networks surveyed 2,425 senior application and network professionals from across ten regions around the globe. Strategy reassessment needed.

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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. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. 1 See W.B.

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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

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.

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Digital Preservation -- High Stakes for Finance and Insurance Companies

AIIM

Nowhere is this truer than in the financial services sector. In a recent AIIM survey, 85% of finance and insurance executives said that digital preservation was “important” or “very important” to their organizations – even higher than the 77% reported in other industries.

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How can banks succeed in the digital banking era?

Thales Cloud Protection & Licensing

The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financial services to be one of the sectors that better weathered the Covid 19 pandemic. The increased risk of non-compliance with government regulations and industry mandates.