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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 Basel Committee released BCBS 239 as far back as 2013.

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Latitude Data breach is worse than initially estimated. 14 million individuals impacted

Security Affairs

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated. million) were provided before 2013. 94% of these records (5.7

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SAP Security Patch Day for May 2019 fixes many missing authorization checks

Security Affairs

Five Security Notes included in SAP Security Patch Day for May 2019 addressed missing authorization checks in SAP products, including Treasury and Risk Management, Solution Manager and ABAP managed systems, dbpool administration, and Enterprise Financial Services. . ” reads a blog post published by SAP security firm Onapsis.

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First American Financial Pays Farcical $500K Fine

Krebs on Security

” The SEC said the 800 million+ records had been publicly available on First American’s website since 2013. There’s no way to tell unless you can go back through all your logs all those years.” According to the FBI, BEC scams are the most costly form of cybercrime today.

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The US government sanctioned four entities and one individual for supporting cyber operations conducted by North Korea

Security Affairs

The 110th Research Center conducted cyber campaigns targeting networks worldwide, in 2013 it carried out a hacking campaign, tracked as DarkSeoul , which destroyed thousands of systems of organizations in the financial sector. correspondent or payable-through account sanctions.” ” We are in the final!

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The Best Memberships for Information Professionals

AIIM

financial services sector is different in practice than RM for a law firm, or a Canadian municipal government, or a multinational energy firm. According to ASAE, the Association For Association Executives, in 2013, there were nearly 67,000 trade and professional associations just in the United States. For example, the U.S.

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A better way to navigate the requirements of BCBS 239

Collibra

More than ten years after its introduction in January 2013, banks still struggle to fully adopt the Basel Committee on Banking Supervision’s standard number 239 (BCBS 239). This global standard was created in response to the 2008 financial crisis.