Rocket Software

MARCH 14, 2022

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. IDP Trends in the Financial and Insurance Industries.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

IBM Big Data Hub

MAY 23, 2023

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services.

Financial Services 67

Financial Services Cloud Compliance Risk 67

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. That is why criminals have historically chosen to focus on this industry over the years, with organized crime evolving into organized cybercrime. Thu, 09/01/2022 - 05:15. Malware and ransomware attacks increase.

Financial Services 62

Financial Services Cybersecurity Computer and Electronics Cloud 62

Security Affairs

NOVEMBER 10, 2023

The Industrial and Commercial Bank of China (ICBC) suffered a ransomware attack that disrupted trades in the US Treasury market. The Industrial and Commercial Bank of China (ICBC) announced it has contained a ransomware attack that disrupted the U.S. ” reported the Financial Times. ” reported the Financial Times.

Ransomware 98

Ransomware Financial Services Marketing Authentication 98

KnowBe4

OCTOBER 9, 2023

While industries like financial services and healthcare tend to dominate in IT attacks, the tables are turned when looking at Operational Technology (OT) cyber attacks – and the energy sector is the clear “winner.”

Financial Services 88

Financial Services Cybersecurity IT Phishing 88

IBM Big Data Hub

JULY 31, 2023

We already covered how mainframe modernization isn’t just for the financial industry , so why not address the elephant in the room? The world’s biggest modernization challenges are concentrated in the banking industry. And the beating heart of financial institutions is the IBM mainframe. million customers.

Financial Services 52

Financial Services Digital transformation Computer and Electronics Analytics 52

The Last Watchdog

JULY 11, 2023

Industry-standard algorithms for encryption can ensure all data, in transit and at rest, is safe. Staying current on the latest trends, emerging threats and industry best practices is crucial to security. When it comes to alternative asset trading, protecting investor data is of critical importance. Implement strong data encryption.

IT 189

IT Encryption Risk Financial Services 189

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times.

Financial Services 89

Financial Services Artificial Intelligence Computer and Electronics Cybersecurity 89

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Labelled Industry 4.0, Labelled Industry 4.0, Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. Thu, 11/05/2020 - 06:52.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times. lynsey.lawson@….

Financial Services 52

Financial Services Government IT 52

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more.

Cloud 78

Cloud Financial Services Risk Business Services 78

OpenText Information Management

JANUARY 10, 2019

The New Year is upon us, and with it come new challenges and opportunities for the Financial Services industry.

Financial Services 62

Financial Services Marketing IT Insurance 62

Data Breach Today

MAY 11, 2022

Aim Is to 'Make It Harder' to Engage in Fraud, Ransomware Payments The United Kingdom has announced two proposed pieces of legislation - the Financial Services and Markets Bill and the Economic Crime and Corporate Transparency Bill - to regulate the digital assets industry and curb the use of virtual currency in illicit activity.

Financial Services 190

Financial Services Ransomware Marketing IT 190

IBM Big Data Hub

JUNE 10, 2019

Learn why finserv firm Capitalogix is climbing the ladder to AI to transform the financial services industry.

Financial Services 64

Financial Services IT 64

Info Source

FEBRUARY 12, 2024

With the pace of digitisation picking up in industries such as education, healthcare, legal, financial services, and logistics, multifunction printers and scanners will also experience strong sales. Eskom’s continued woes, with no end in sight for load shedding, continue to dampen the growth of South Africa’s economy.

Financial Services 40

Financial Services Marketing Digital transformation Sales 40

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. regulator concerning the increasingly critical issue of cyberinsurance.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Data Protection Report

APRIL 23, 2024

On 22 April 2024, the Financial Conduct Authority ( FCA ) published a speech by its chief executive, Nikhil Rathi, entitled ‘Navigating the UK’s Digital Regulation Landscape: Where are we headed?’. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

Krebs on Security

DECEMBER 10, 2020

Total System Services Inc. TSYS) is the third-largest third-party payment processor for financial institutions in North America, and a major processor in Europe. TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. NYSE:GPN ].

Ransomware 327

Ransomware Financial Services Access IT 327

IBM Big Data Hub

JUNE 17, 2020

As the world confronts new challenges, it is a unique, unprecedented time to recast old ways of working and redefine industries.

Financial Services 89

Financial Services Marketing IT 89

OpenText Information Management

FEBRUARY 12, 2019

We recently wrote a blog on how AI in Financial Services can improve customer experience. It came as a bit of a surprise as … The post AI in Financial Services is growing, but there’s a way to go appeared first on OpenText Blogs. It’s funny how the world works. Let me explain.

Financial Services 53

Financial Services Customer Experience Digital transformation IT 53

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 84

Cloud Financial Services Security Compliance 84

Krebs on Security

DECEMBER 27, 2019

Synoptek , a California business that provides cloud hosting and IT management services to more than a thousand customer nationwide, suffered a ransomware attack this week that has disrupted operations for many of its clients, according to sources. ” Synoptek has not yet responded to multiple requests for comment.

Ransomware 179

Ransomware IT Phishing Financial Services 179

Hunton Privacy

JANUARY 24, 2018

On January 22, 2018, the New York Department of Financial Services (“NYDFS”) issued a press release reminding entities covered by its cybersecurity regulation that the first certification of compliance with the regulation is due on or prior to February 15, 2018.

Financial Services 58

Financial Services Cybersecurity Compliance Insurance 58

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

IBM Big Data Hub

AUGUST 10, 2023

By prioritizing resiliency, performance, security and compliance, fintechs are helping to revolutionize the way financial services are delivered. Founded in the UK in 2020, MySocialPulse has continued to scale its business by leveraging both cloud and AI technologies from IBM.

Cloud 68

Cloud Financial Services Artificial Intelligence Digital transformation 68

IBM Big Data Hub

APRIL 22, 2024

It follows security standards and guidelines, such as IBM Cloud for Financial Services® , SOC Type 2, that ensures the highest levels of security and compliance requirements. IBM Cloud provides you with well-architected patterns that are secure by default for regulated industries like financial services.

Cloud 67

Cloud Financial Services Compliance Systems administration 67

Data Breach Today

NOVEMBER 10, 2020

Josh Magri of the Cyber Risk Institute Describes Enhancements to 'Cyber Profile' The Cyber Risk Institute this week is releasing a new version of its "Cyber Profile" risk assessment framework for the financial services industry that includes expanded information on third-party risk and cloud security.

Risk 162

Risk Financial Services Cloud Security 162

IBM Big Data Hub

NOVEMBER 14, 2023

In today’s hyper-competitive digital landscape, the rapid development of new digital services is essential for staying ahead of the curve. Shockingly, a staggering 33% of developers lack the necessary skills or resources, hindering their productivity in delivering products and services.

Financial Services 100

Financial Services Cloud Compliance Digital transformation 100

IBM Big Data Hub

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

Customer Experience 75

Customer Experience Financial Services Cloud Compliance 75

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

The Last Watchdog

FEBRUARY 15, 2024

15, 2024 – Harter Secrest & Emery LLP , a full-service business law firm with offices throughout New York, is pleased to announce that it has been selected as a NetDiligence-authorized Breach Coach ® , a designation only extended to law firms that demonstrate competency and sophistication in data breach response. Greene Led by partner F.

Data breaches 100

Data breaches Financial Services Big data Retail 100

Security Affairs

OCTOBER 14, 2020

Finance ministers from the G7 industrialized countries expressed concern on Tuesday over the rise in malicious cyberattacks, especially ransomware attacks, in the midst of the Covid-19 pandemic. “The G7 is committed to working with our financial sectors to combat ransomware. ” continues the statement. Pierluigi Paganini.

Ransomware 125

Ransomware IT Financial Services Data Privacy 125

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

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Cloud 92

Cloud Financial Services Digital transformation Risk 92

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals.

Data breaches 106

Data breaches Financial Services Cybersecurity Ransomware 106

IBM Big Data Hub

JUNE 26, 2018

In this Q&A, IBM financial services solution architect Irina Saburova discusses an insurance use case with IBM Data Science Marketing Lead Rosie Pongracz.

Data science 78

Data science Insurance Financial Services Marketing 78