Data Breach Today

APRIL 1, 2024

Prove's Mary Ann Miller on Strategies for Stronger ID Verification The banking and financial services industry will see a growth in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive advisor with Prove.

Financial Services 278

Financial Services 278

IBM Big Data Hub

JUNE 12, 2023

We see public cloud as an enabler of a better future for financial services, not as a destination. IBM believes that dependability, reliability and trust need to be at the heart of every cloud strategy. The future for financial services is bright. Know yourself, your stakeholders and your data.

Cloud 95

Cloud Financial Services Digital transformation Risk 95

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computer and Electronics Cloud 62

Data Breach Today

NOVEMBER 19, 2020

Meridian Credit Union's Saif Nawaz on Using New Technologies As synthetic ID fraud in the financial services sector continues to rise next year, organizations must use new technologies to mitigate the risks, says Saif Nawaz of Meridian Credit Union in Canada.

Risk 241

Risk Financial Services 241

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

Collibra

JULY 21, 2021

Financial services are highly regulated and maintain a strong focus on compliance and risk management. Considering that major financial organizations handle enormous amounts of data today, they require data accuracy and integrity at all times to minimize risks. What is data quality in financial services?

Financial Services 59

Financial Services Analytics Compliance Risk 59

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. Insurance and financial services are built on trust, so these changes will help organizations differentiate from competition.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

IBM Big Data Hub

JULY 31, 2023

Financial services companies are considered institutions because they manage and move the core aspects of our global economic system. And the beating heart of financial institutions is the IBM mainframe. Couldn’t execs have run better analyses to spot risks within the data? Why did they fail to launch a new mobile app?

Financial Services 54

Financial Services Digital transformation Computer and Electronics Analytics 54

Collibra

JANUARY 18, 2022

The financial services industry has had a longstanding tradition of being at the forefront of adopting new technologies. According to industry experts, approximately 60% of financial institutions will pursue a multi-cloud strategy in order to mitigate long-term risks and prevent vendor lock-in.

Financial Services 52

Financial Services Cloud Artificial Intelligence Government 52

Data Breach Today

APRIL 5, 2023

Josh Hankins of Qualys on Tips and Tricks He Learned as a Practitioner Before he became a chief technical security officer at Qualys, Josh Hankins was a cybersecurity leader in financial services. He learned how security audit failures are increasingly costly, and he devised new strategies for audit preparation.

Financial Services 143

Financial Services Security IT Cybersecurity 143

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Insurers should: Establish a Formal Cyber Insurance Risk Strategy. The post New York Department of Financial Services Issues First Guidance by a U.S. 1 See W.B. Dunham, New Appleman New York Insurance Law 2.05[1]

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

The Last Watchdog

FEBRUARY 11, 2024

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams. Open are slim to none.

Risk 234

Risk IT Financial Services Cybersecurity 234

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust.

Cloud 80

Cloud Financial Services Risk Business Services 80

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 86

Cloud Financial Services Security Compliance 86

DLA Piper Privacy Matters

MARCH 3, 2023

Author: Sarah Birkett Cyber Security Strategy discussion paper launched This week saw the launch of a discussion paper for the Australian Government’s 2023-2030 Australian Cyber Security Strategy. One of the core policy areas that will be addressed in the Strategy is the “enhancement and harmonisation of regulatory frameworks”.

Data breaches 52

Data breaches Security Paper Financial Services 52

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 77

Customer Experience Financial Services Cloud Compliance 77

The Last Watchdog

SEPTEMBER 21, 2022

Remote work already had an impact on IT strategy and the shift to cloud, including hybrid cloud , well before the onset of Covid 19. Organizations, such as financial services or government, deal with sensitive information and prefer a private cloud model with greater control over the security of applications, users, and data.

Cybersecurity 214

Cybersecurity Digital transformation Cloud Financial Services 214

IBM Big Data Hub

AUGUST 1, 2023

Delivering high levels of resiliency It’s essential for clients to be able to securely manage mission-critical workloads and enable business continuity as they implement strategies to reduce risk and keep pace with market demands.

Financial Services 68

Financial Services Computer and Electronics Cloud Digital transformation 68

The Last Watchdog

JULY 11, 2023

These partnerships strengthen a security posture by leveraging the expertise of professionals who specialize in identifying vulnerabilities and allows them to suggest remediation strategies. Active awareness of security developments allows for adaptable strategies in addressing emerging risks and effectively protecting investor data.

IT 189

IT Encryption Risk Financial Services 189

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 68

Cloud Financial Services Compliance Systems administration 68

Collibra

APRIL 11, 2022

This will help you test strategies and figure out what works best in your unique environment. We’ll discuss what we think are the six best practices for a data governance strategy below. Your key performance indicators should relate directly to your organization’s objectives and strategies. Data domain example.

Government 52

Government Communications Insurance Customer Experience 52

The Last Watchdog

FEBRUARY 15, 2024

The group creates strategies and protocols to help clients identify and mitigate risk, proactively protect their most sensitive information, prepare for a broad array of incidents, and respond effectively and efficiently to incidents when they do occur.

Data breaches 100

Data breaches Financial Services Big data Retail 100

IBM Big Data Hub

SEPTEMBER 13, 2023

Building a cyber resilience strategy for critical payments infrastructure Cybercrime costs are growing exponentially, with a 10% increase in average total cost of a breach. The solution is built on IBM Cloud for Financial Services, leveraging its built-in security and compliance framework.

Cloud 81

Cloud Financial Services Compliance Marketing 81

Data Protection Report

APRIL 23, 2024

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.

Financial Services 45

Financial Services IT Marketing Retail 45

IBM Big Data Hub

FEBRUARY 26, 2024

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? Don’t wait.

Financial Services 100

Financial Services Cloud Metadata Digital transformation 100

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 70

Cloud Financial Services Compliance Digital transformation 70

AIIM

NOVEMBER 3, 2020

Marni is a member of the AIIM Leadership Council and an expert in ECM and Digital Transformation with a focus on Healthcare, Financial Services, and state and local government operations.

ECM 125

ECM Government Digital transformation Records Management 125

AIIM

FEBRUARY 22, 2018

Nowhere is this truer than in the financial services sector. Despite this declared importance – 62% say that “Archiving and long-term digital preservation is a key part of our enterprise information governance and management strategy” -- the reality in most financial organizations is very different.

Digital preservation 93

Digital preservation Insurance Financial Services Digital transformation 93

Security Affairs

DECEMBER 26, 2023

This strategy goes beyond just deploying the latest technologies to combat AI and mobile threats. The absence of robust identity protection programs will result in substantial economic losses for businesses (especially, financial services) and pose privacy risks for consumers.

Energy and Utilities 117

Energy and Utilities Artificial Intelligence Ransomware Data breaches 117

Thales Cloud Protection & Licensing

MARCH 6, 2024

This report serves as a critical wake-up call for company executives and security professionals, emphasizing the urgent need to prioritize API security as a core component of their overall cybersecurity strategy. Rapid Growth of API Traffic According to the report, API traffic constituted over 71% of web traffic last year.

Security 87

Security Authentication Risk Cybersecurity 87

IBM Big Data Hub

MAY 9, 2023

If you’ve followed IBM over the past few years, you know how critical the IBM Ecosystem is to our growth strategy. Focus, focus, focus Three years ago, our CEO declared that IBM’s strategy is focused on hybrid cloud and AI. Second, it has never been more apparent that IBM and our partners are better together.

Cloud 101

Cloud Financial Services Marketing IT 101

IBM Big Data Hub

MAY 16, 2023

While core creative and strategy campaigns are kept primarily in-house, marketing leaders are turning to MMS and tapping into their business and technology expertise to accelerate digital marketing operations, bridge talent shortages and fill technology skill gaps.

Marketing 74

Marketing Customer Experience Financial Services Retail 74

IBM Big Data Hub

JANUARY 25, 2024

As such, more organizations are increasing their dedication to CX strategy and looking towards successful customer experience examples for inspiration. First, the organization puts the customers’ interest first when devising marketing strategies. In healthcare, organizations can do this by offering itemized bills to patients.

Customer Experience 74

Customer Experience Retail Sales Artificial Intelligence 74

Security Affairs

JUNE 20, 2023

Data sovereignty plays a crucial role in a robust security strategy. These challenges are intensified in industries that handle large volumes of sensitive data under stringent regulations , such as financial services, healthcare, and government sectors.

Compliance 80

Compliance Cybersecurity Risk Encryption 80

IBM Big Data Hub

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. Sustainability strategies must be impactful and realistic.

Digital transformation 52

Digital transformation Financial Services Cloud Customer Experience 52

Reltio

FEBRUARY 22, 2024

We unveiled the velocity packs in February, featuring pre-built connectors and smooth integrations to speed deployment for clients in sectors like healthcare, financial services, and insurance. Branham leads Reltio’s Customer Success, Professional Services, and Customer Engineering organization and our Customer Experience strategy.

Customer Experience 52

Customer Experience MDM Healthcare Digital transformation 52