article thumbnail

6 benefits of data lineage for financial services

IBM Big Data Hub

The financial services industry has been in the process of modernizing its data governance for more than a decade. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? The answer is data lineage. Don’t wait.

article thumbnail

US Treasuries Trading Affected by Ransomware Hack

Data Breach Today

The LockBit Ransomware Operation May Have Exploited Citrix Bleed A ransomware attack affecting the New York financial services subsidiary of the Industrial and Commercial Bank of China resulted in disruptions to the U.S. Treasury market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Profiles in Leadership: Vlad Brodsky

Data Breach Today

OTC Markets CISO on Ransomware, Regulations Affecting the Financial Services Space OTC Markets Group in recent years has gone from having almost sector-specific cybersecurity regulations to highly robust ones, said CISO Vlad Brodsky.

article thumbnail

How to achieve high-impact personalization at scale with managed marketing services

IBM Big Data Hub

To help companies better deliver on their marketing vision and scale their marketing business processes, managed marketing services (MMS) offshore has become a fast growing trend. According to an Everest Group® study , offshore MMS centers increased over 50% from 2019 to 2022.

article thumbnail

Market Leading Cybersecurity and National Security Lawyers David Lashway and John Woods Join Sidley in Washington, D.C.

Data Matters

Mr. Lashway and Mr. Woods join Sidley from Baker McKenzie where they started and led the global cybersecurity practice group for over 10 years. He is one of the few lawyers who has led multiple global responses to data integrity attacks involving the financial services industry. appeared first on Data Matters Privacy Blog.

article thumbnail

How fintech innovation is driving digital transformation for communities across the globe  

IBM Big Data Hub

Fintechs, for example, have been transformational for the financial services industry, from democratizing finance to establishing digital currencies that revolutionized the way that we think of money. We are dedicated to building a bridge of trust between these populations and traditional financial institutions and capital markets.

article thumbnail

U.S. Indicts North Korean Hackers in Theft of $200 Million

Krebs on Security

Prosecutors say the hackers were part of an effort to circumvent ongoing international financial sanctions against the North Korean regime. The group is thought to be responsible for the attempted theft of approximately $1.2 million in August 2020 from a financial services company based in New York.