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 67

Cloud Financial Services Compliance Digital transformation 67

IBM Big Data Hub

JANUARY 11, 2024

When AIs are trained with content found on the internet, they may often provide convincing and believable dialogss, but not fully accurate responses. Applications on known platforms with thousands of lines of code are ideal training grounds for generative AI models like IBM watsonx Code Assistant for Z.

Digital transformation 105

Digital transformation Cloud Financial Services Business Services 105

IT Governance

OCTOBER 13, 2023

October is both Cybersecurity Awareness Month in the US and European Cyber Security Month in the EU – twin campaigns on either side of the Atlantic that aim to improve awareness of the importance of cyber security both at work and at home, and provide tips on how to stay secure.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

The Last Watchdog

NOVEMBER 9, 2020

IoT devices help remotely control our household appliances, power plants, smart buildings, factories, airports, shipyards, trucks, trains and military. In one very recent caper, the attackers targeted the CFO of a financial services firm, as he worked from home, Sherman says. And we’re just getting started.

IoT 277

IoT Passwords Artificial Intelligence Risk 277

IBM Big Data Hub

JUNE 7, 2022

The announcement highlighted the crucial role of training data, and the terrible consequences of using data that “fails to represent American society.”. As an example, a large financial services firm could easily deploy hundreds or thousands of AI models to assist decision makers in various tasks.

Government 52

Government Financial Services Compliance Cloud 52

Collibra

AUGUST 14, 2023

An AI governance framework offers a blueprint for how to create successful AI products. It should clearly define the problem that the AI model solves, the data used to train the model, the desired outcomes, and the personas involved. Now, it’s time to start training your model. Outcomes: What does success look like?

Government 52

Government Risk Financial Services Compliance 52

The Last Watchdog

MARCH 31, 2020

Over the years processes, training and tooling to account for data privacy and data integrity have been woven in, driven by data breach lawsuits and the rise of data handling regulations. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. (LW Enter DevOps.

Security 164

Security Privacy Financial Services Risk 164

eSecurity Planet

AUGUST 9, 2022

Other industry standards too can have the force of “pseudo-law” – notably, the NIST Cybersecurity Framework, which federal regulators often apply to financial-services firms and government contractors. See the Best Cybersecurity Awareness Training for Employees. Automating IT Compliance with Security Compliance Tools.

Data Privacy 139

Data Privacy Compliance Privacy Security 139

eSecurity Planet

JUNE 16, 2022

Also read: How to Recover From a Ransomware Attack Best Ransomware Removal Tools Best Ransomware Removal and Recovery Services Best Backup Solutions for Ransomware Protection. Capital markets, insurance, financial services, and banking are now online. Cybersecurity training and awareness. Mobile attacks.

Ransomware 138

Ransomware Cybersecurity Phishing Encryption 138

KnowBe4

FEBRUARY 14, 2023

This means you have a bunch of users that unwittingly follow a set of unusual and unnecessary clicks that they should know better than to follow – something they learn very quickly if they are enrolled in new-school security awareness training. Blog post with links: [link] Are Your Users Making Risky Security Mistakes?

Phishing 84

Phishing Security awareness Compliance Risk 84

IBM Big Data Hub

MARCH 27, 2024

In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. Discover how to create a climate risk adaptation strategy The post Turning climate risks into business opportunities appeared first on IBM Blog.

Risk 64

Risk Artificial Intelligence Agriculture Financial Services 64

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets. Protecting the confidentiality of proprietary algorithms and sensitive training data is crucial. Red Hat OpenShift with confidential containers provides a fortified environment for financial services applications.

Security 75

Security Cloud Data Privacy Financial Services 75

The Last Watchdog

JANUARY 30, 2019

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 117

Risk Financial Services Insurance Cybersecurity 117

eSecurity Planet

SEPTEMBER 10, 2021

Train your staff. To prevent hackers from getting their hands on access credentials for cloud computing tools, organizations should train all workers on how to spot cybersecurity threats and how to respond to them. Organizations also need to invest in specialized training for their security staff.

Cloud 103

Cloud Security Encryption Risk 103

eSecurity Planet

FEBRUARY 11, 2022

This article looks at cybersecurity risk management, how to establish a risk management system, and best practices for building resilience. Once data is mapped, organizations make better decisions on how that data is governed and reduce their risk footprint. What is Cybersecurity Risk Management? Maintaining Regulatory Compliance.

Risk 123

Risk Cybersecurity Encryption Access 123

IT Governance

JULY 13, 2018

The report found that about 55% of social media attacks that impersonated customer-support accounts specifically targeted the customers of financial services companies. It is now more important than ever to train your staff on the risks of phishing attacks. The human factor. Find out more about phishing >>

Phishing 66

Phishing Financial Services Education Risk 66

IBM Big Data Hub

SEPTEMBER 27, 2022

Whether it be financial services, employee hiring, customer service management or healthcare administration, AI is increasingly powering critical workflows across all industries. Today AI permeates every aspect of business function. But with greater AI adoption comes greater challenges.

Government 52

Government Compliance Data science Financial Services 52

eSecurity Planet

SEPTEMBER 30, 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,” the Intel 471 researchers wrote.

Authentication 103

Authentication Phishing Financial Services Passwords 103

IBM Big Data Hub

SEPTEMBER 20, 2023

Despite the many potential advantages, many government agencies are still grasping on how to implement AI and generative AI in particular In many cases, government agencies around the globe face a choice. At all levels of governments, from national entities to local governments, public employees must be ready for this new AI era.

Government 105

Government Artificial Intelligence Privacy Digital transformation 105

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. However, to meet your compliance requirements, you need to conduct regular staff awareness training to help employees respond appropriately. Looking for more advice?

Compliance 119

Compliance Data breaches Privacy Risk 119

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. However, these systems lack genuine understanding and can’t adapt to situations outside their training. This allows for a smooth and efficient operation, avoiding costly downtime.

Artificial Intelligence 82

Artificial Intelligence Marketing e-Delivery Manufacturing 82

Data Matters

MARCH 28, 2022

implement a security awareness and training program for all workforce members pursuant to the HIPAA Security Rule. The Act aims to form a health and privacy commission to research and give official recommendations to Congress and the President on how to modernize the use of health data and revise privacy laws. 45 CFR 164.308(a)(5)(i).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

IBM Big Data Hub

JANUARY 12, 2024

Jamworks for Education turns lectures into interactive, engaging and accessible study materials, such as a perfectly formatted set of notes, an interactive deck of flashcards and a personalized AI tutor trained on each class.

Cloud 100

Cloud Data Privacy Encryption Privacy 100

Rocket Software

NOVEMBER 16, 2021

When organizations are determining how to modernize their operations, the place to begin is by considering their employee workflows. When it comes to legacy technologies, Rocket’s solutions and expert support can help organizations understand which workflows to modernize and how to prioritize users’ needs throughout the process.

Customer Experience 52

Customer Experience Financial Services Insurance Compliance 52

The Last Watchdog

JUNE 17, 2020

A great example of this, Keil points out, is the Open Financial Exchange ( OFX , ) the data-stream format that enables wire transfers to be carried out across the Internet. OFX is the financial service industry’s standard for transferring funds,” he says. It’s a series of APIs that allow banks to connect to each other.”

Digital transformation 148

Digital transformation Risk Financial Services Military 148

CGI

FEBRUARY 21, 2017

The challenge is how to more proactively defend against these new threats. As financial services organizations are learning, defences against financial crime must be joined up and layered, bringing together both operational and intelligence resources. Lack of employee training and awareness. Identity theft .

Customer Experience 40

Customer Experience Financial Services Analytics Risk 40

The Last Watchdog

MARCH 13, 2019

Unfortunately, despite steady advances in malware detection and intrusion prevention systems, and much effort put into training employees to be wary of suspicious email, weaponized email and document-based malware remain as virulent as pervasive as it was two decades ago. LW provides consulting services to the vendors we cover.).

Systems administration 100

Systems administration Financial Services Insurance Security 100

IBM Big Data Hub

OCTOBER 20, 2023

You can connect to the existing database, upload a data file, anonymize columns and generate as much data as needed to address data gaps or train classical AI models. Explore watsonx to leverage AI and transform businesses The post How to choose the best AI platform appeared first on IBM Blog.

Data science 76

Data science Manufacturing Artificial Intelligence Retail 76

CGI

MAY 26, 2016

Years of testing have afforded financial institutions a certain level of confidence that their staff would know how to react in the event of a disaster. But, how confident are you in your staff’s capabilities to respond to a cybersecurity breach? Access rights, controls and confidentiality. Data loss prevention.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

Data Protection Report

JANUARY 6, 2020

The New York State Department for Financial Services regulations require covered entities to have appropriate record retention policies and procedures and the CCPA provides an extra incentive to implement proper information governance to minimise the costs data access requests. In the U.S.,

Privacy 84

Privacy GDPR Data breaches Risk 84

Data Matters

NOVEMBER 13, 2017

Its new Principles reflect its view of the positive potential for new data aggregation services while emphasizing the need to develop a workable industry model that addresses consumer privacy, limits data security risks, promotes transparency and consumer choice and protects the accuracy of financial data. The post U.S.

Financial Services 60

Financial Services Privacy Access Marketing 60

eSecurity Planet

AUGUST 10, 2023

The goal of this threat intelligence community is to share useful threat information back and forth: Private sector leaders can benefit from access to FBI insider knowledge, training, and best practices, while the FBI and other governmental bodies gain additional eyes on different areas of U.S. critical infrastructure.

Cybersecurity 69

Cybersecurity Access Metadata Energy and Utilities 69

DLA Piper Privacy Matters

AUGUST 23, 2021

The PIPL includes a specific obligation on data controllers to adopt corresponding encryption or deidentification technologies, and to adopt access controls and training. The PIPL clarifies situations where data controllers can refuse to comply with certain data subject rights, and on how to respond to/reject data subject requests.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

eSecurity Planet

FEBRUARY 16, 2021

Here, then, is a comprehensive look at ransomware, what it is, how to prevent it, and what to do if you become one of its unfortunate victims. How ransomware works. As training sessions have little influence over staff for every potential attack, it makes added security more imperative. Jump to: What is ransomware? Spam Filter.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Data Protection Report

SEPTEMBER 28, 2021

Either way, many of the proposed requirements are likely to already form part of an organisation’s existing compliance program (such as policies and processes; training and awareness of staff; monitoring and continuous improvement). Organisations will need to factor this in as part of their compliance program.

Government 119

Government FOIA GDPR Compliance 119

Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. These models have been well studied, highly trained, and operationalized with great results. Already using AI?

Marketing 105

Marketing Government Financial Services Artificial Intelligence 105

Data Protection Report

JANUARY 6, 2020

The New York State Department for Financial Services regulations require covered entities to have appropriate record retention policies and procedures and the CCPA provides an extra incentive to implement proper information governance to minimise the costs data access requests. In the U.S.,

Privacy 52

Privacy GDPR Data breaches Risk 52