Armstrong Archives

DECEMBER 18, 2023

At Armstrong Archives , we’re here to help you navigate the transition into the digital age while still maintaining your essential paper files. This creates the challenge of how to bridge the gap between paper and digital records and what this transition should look like. Many have strict document retention policies in place as well.

Archiving 52

Archiving Paper Records Management Compliance 52

Rocket Software

AUGUST 17, 2020

Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. With so many healthcare staff working remotely, it is critical to remove risks surrounding non-repudiation. In an office setting, this can be done easily through a paper form. But what about healthcare?

Authentication 52

Authentication Financial Services Passwords Insurance 52

Info Source

JULY 6, 2023

These inputs arrive through different channels in different formats, a significant portion often as paper documents. t starts with the prospect, who has researched alternatives based on her/his specific needs selecting a financial services provider and type of loan and submitting a request.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Thales Cloud Protection & Licensing

JANUARY 10, 2024

As stated by the International Association of Privacy Professional ( IAPP ) critical sectors such as financial services are therefore conspicuously excluded, leaving organizations without a clear pathway to data protection compliance and potentially exposing them to significant risks.

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

Hunton Privacy

JANUARY 20, 2023

On January 20, 2023, The Centre for Information Policy Leadership (“CIPL”) at Hunton Andrews Kurth published “Digital Assets and Privacy,” a discussion paper compiling insights from workshops with CIPL member companies that explored the intersection of privacy and digital assets, with a particular focus on blockchain technology.

Paper 134

Paper Blockchain Privacy Financial Services 134

Krebs on Security

OCTOBER 24, 2019

based Cachet threw much of its customer base into disarray when it said its bank was no longer willing to risk another MyPayrollHR debacle, and that customers would need to wire payroll deposits instead of relying on the usual method of automated clearinghouse (ACH) payments (essentially bank-to-bank checks). But on Oct. But on Oct.

Communications 164

Communications Financial Services Insurance Risk 164

Data Protection Report

MARCH 31, 2023

At last, UK Government publishes its White Paper on AI – “A pro-innovation approach to AI regulation” – an opportune start, but as expected, a framework with detail to follow… The Department for Science, Innovation and Technology, has finally published its AI regulation white paper (the ‘ White Paper’ ).

Paper 52

Paper Government Risk Financial Services 52

Data Protection Report

MARCH 29, 2023

At last, UK Government publishes its White Paper on AI – “A pro-innovation approach to AI regulation” – an opportune start, but as expected, a framework with detail to follow… The Department for Science, Innovation and Technology, has finally published its AI regulation white paper (the ‘ White Paper’ ).

Paper 52

Paper Government Risk Financial Services 52

Data Matters

DECEMBER 4, 2019

However, because of the potential to facilitate near-instant messaging, clearing and settlement, blockchain and cryptoassets have a particularly promising potential in a financial services context. 5 The consequences of this are important, however. 6 In such cases, the ordinary rules of English contract law would apply.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Data Matters

DECEMBER 4, 2019

However, because of the potential to facilitate near-instant messaging, clearing and settlement, blockchain and cryptoassets have a particularly promising potential in a financial services context. 5 The consequences of this are important, however. 6 In such cases, the ordinary rules of English contract law would apply.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Data Matters

FEBRUARY 25, 2021

On January 28, 2021, the UK Financial Conduct Authority (FCA) published Consultation Paper CP21/3 , “Changes to the SCA-RTS and to the guidance in ‘Payment Services and Electronic Money – Our Approach’ and the Perimeter Guidance Manual” (Consultation Paper). Prudential risk management. Temporary COVID Guidance.

Authentication 68

Authentication Paper Risk Insurance 68

Rocket Software

FEBRUARY 25, 2022

With these new processes in place, many are also starting to see the places where human interactions were papering over inefficiencies. Repetitive and time-consuming actions that are still manually handled by employees can be improved with robotic process automation (RPA) to lower the risk of human errors and save time.

Compliance 59

Compliance Financial Services Risk Insurance 59

Data Protection Report

SEPTEMBER 28, 2021

On 10 September 2021, the UK Government published its consultation paper on proposals to reform the UK’s data protection regime. The Government cites Singapore, Canada and Australia as having more flexible and risk-based frameworks than the UK GDPR. The deadline for responding to the consultation is 19 November 2021.

Government 120

Government FOIA GDPR Compliance 120

Security Affairs

DECEMBER 4, 2018

Some attacks shut down entire health systems comprising multiple facilities or forcing affected individuals to switch from computerized processes to using pens and paper. The medical industry faces an exceptional risk for cyberattacks because there are so many players involved in the sector. Financial Services.

Retail 88

Retail Cybersecurity Data breaches Risk 88

Info Source

FEBRUARY 28, 2018

Spotcap is also leading the charge in an emerging trend known as Lending-as-a-Service , offering its full-service lending platform and risk decisioning tools to major institutions, financial or otherwise. How Financial Institutions are Improving Operations with Robotic Process Automation eBook.

Financial Services 40

Financial Services Digital transformation Paper Access 40

Data Matters

SEPTEMBER 20, 2018

Office of the Comptroller of the Currency (OCC) announced its decision (the Fintech Charter Decision) to begin accepting applications from financial technology (fintech) companies for special purpose national bank charters. The Fintech Charter Decision is discussed in greater detail in a prior Sidley Banking and Financial Services Update.

Financial Services 68

Financial Services Paper Marketing Privacy 68

CGI

FEBRUARY 26, 2019

Ironically, this customer segment usually does have access to a business bank account, but in reality are often unable to obtain the financial services they need. For traditional banks, extending credit to small businesses is often unprofitable once risk profiles are taken into consideration.

Financial Services 40

Financial Services Retail Marketing Access 40

Shoreline Records Management

AUGUST 21, 2023

The Shift to Electronic Health Records (EHRs) Gone are the days of paper-based medical records stored in filing cabinets. The digital revolution has brought forth EHRs, which offer numerous advantages over traditional paper records. In addition to enhancing patient care, proper storage helps doctors comply with legal requirements.

Records Management 26

Records Management Paper Compliance Access 26

CGI

AUGUST 16, 2019

A recent CGI Client Global Insights report capturing the viewpoints of executives across 14 industries and subsectors found that 77 percent in the financial services industry have a defined digital strategy. Leading financial institutions are wisely leaving the world of isolated, one-off credit transactions behind.

Digital transformation 63

Digital transformation Artificial Intelligence Analytics Marketing 63

Data Matters

SEPTEMBER 4, 2019

The New York State Department of Financial Services recently amended its annuity suitability regulation to apply a “best interest” standard in connection with both life insurance and annuity transactions with consumers. In particular, with the expected start of the ICS monitoring period in 2020, U.S.

Insurance 68

Insurance Paper Risk Analytics 68

ARMA International

APRIL 18, 2022

Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. Furthermore, the records retention schedule should apply to all records, regardless of media (paper and electronic records).

Personal data 100

Personal data GDPR Privacy Records Management 100

KnowBe4

FEBRUARY 14, 2023

In addition to mandatory and routine training and security tools, the best way to ensure employees are vigilant about potential risks is to help them reframe their online mindset while encouraging them to leverage critical thinking in evaluating and defending against internal and external threats," Watson says. You're not alone.

Phishing 84

Phishing Security awareness Compliance Risk 84

IBM Big Data Hub

FEBRUARY 14, 2024

They can streamline workflows to increase efficiency and reduce time-consuming tasks and the risk of error in production, support, procurement and other areas. For students tempted to plagiarize their papers or homework, AI can help spot the copied content. ML can also conduct algorithmic trading without human intervention.

Artificial Intelligence 87

Artificial Intelligence Retail Unstructured data Insurance 87

Data Matters

AUGUST 24, 2018

The Task Force stressed that the guidance provided in the white paper will not be designed to preempt state authority but rather will assist regulators in providing greater consistency among states’ review of predictive models. The Task Force aims to complete the white paper by the fall of 2018.

Insurance 60

Insurance Big data e-Delivery Risk 60

IBM Big Data Hub

SEPTEMBER 18, 2023

Transitioning from a fragmented to a data-driven supply chain In the past, we have traditionally seen manual, paper-intensive trade processes that have the potential to generate large amounts of data. These are just a few of the many key factors we see driving transformational change within trade and supply chain processes.

Financial Services 89

Financial Services Cloud Compliance Artificial Intelligence 89

Data Matters

APRIL 23, 2018

A high-profile cyber incident may cause substantial financial and reputational losses to an organization, including the disruption of corporate business processes, destruction or theft of critical data assets, loss of goodwill, and shareholder and consumer litigation. Aligning cyber risk with corporate strategy.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

Data Matters

DECEMBER 28, 2020

The GCC uses a risk-based capital (RBC) aggregation approach intended to act as an additional group supervisory tool for regulators, in conjunction with the Form F Enterprise Risk Report, Own Risk and Solvency Assessment (ORSA) report, and the Corporate Governance Annual Disclosure. 71 for future reference.

Insurance 68

Insurance Paper Risk Analytics 68

IBM Big Data Hub

NOVEMBER 29, 2023

Financial Services clients are increasingly looking to modernize their applications. Moreover, many of these financial services applications support regulated workloads, which require strict levels of security and compliance, including Zero Trust protection of the workloads.

Cloud 98

Cloud Financial Services Security Compliance 98

IT Governance

JULY 13, 2018

The Bank of England, the PRA (Prudential Regulation Authority) and the FCA (Financial Conduct Authority) have asked the UK’s banks and financial services firms to report on their exposure to operational risks, such as cyber attacks, and explain how they would respond to system failures, such as those recently faced by Visa and TSB.

Marketing 66

Marketing Business Services Paper Data breaches 66

Krebs on Security

DECEMBER 14, 2023

.” Pavel Vrublevsky is a convicted cybercriminal who became famous as the CEO of the Russian e-payments company ChronoPay , which specialized in facilitating online payments for a variety of “high-risk” businesses, including gambling, pirated Mp3 files, rogue antivirus software and “male enhancement” pills.

Computer and Electronics 222

Computer and Electronics Marketing Sales Healthcare 222

Information Matters

DECEMBER 7, 2018

. “Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personal data. 71% of UK businesses at risk due to data skills gap, CEOs say – TechRepublic, 26 November 2018. ” [link]. . ” [link].

IoT 40

IoT Blockchain Personal data Analytics 40

The Last Watchdog

FEBRUARY 25, 2019

These vendors drilled down on “governance and attestation,” coming up with advanced ways to enable companies to monitor and report cyber risk profiles to government and industry auditors. The accelerated use of third-party software development and cloud services only exacerbated this core dilemma.

Access 169

Access Government Authentication Data breaches 169

Reltio

JULY 10, 2019

These were physical addresses of where their systems were installed and were all printed out on reams of green-bar computer paper. . “It It was piles of paper, a ruler, a highlighter and a pen – manually writing out which ones should be combined and which ones should be struck out.

MDM 40

MDM Sales Digital transformation Cloud 40

ForAllSecure

JANUARY 19, 2022

So um, yeah, is up sometimes risk of falling into a black hole of, of doom, know that there's a lack of ownership. Vamosi: So these scraps of paper or digital records, they combine to somehow prove you are who you say you are. We use public key cryptography in https and secures how we use our financial services or order online.

Passwords 52

Passwords Authentication Access Data breaches 52

ForAllSecure

FEBRUARY 10, 2022

And they point to the inherent risk in any new financial vehicles. In this particular case, although we did go through that service, we actually knew someone who knew someone. Of different API's or financial manipulation. And before, there was an attack at Qubit Finance, which also runs on the Binance Smart Chain.

Blockchain 52

Blockchain IT Financial Services Security 52

Hunton Privacy

MARCH 16, 2022

leadership in the digital asset space, while signaling an appetite to protect against a variety of stated risks through additional regulation and legislation. In June 2021, the House Committee on Financial Services also organized a Digital Assets Working Group. Background. Pat Toomey to guide future legislation on stablecoins.

Risk 86

Risk Marketing Financial Services Government 86

IT Governance

APRIL 29, 2024

In Beyond Deepfake Images: Detecting AI-Generated Videos , a paper due to be presented at the IEEE Computer Vision and Pattern Recognition conference in June, Danial Samadi Vahdati, Tai D. Nguyen, Aref Azizpour and Matthew C. Stamm explain how a constrained neural network can be used to detect synthetic videos “at 98% accuracy”.

Data Privacy 94

Data Privacy Privacy Manufacturing Security 94