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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. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. The Basel Committee released BCBS 239 as far back as 2013. Don’t wait.

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First American Financial Pays Farcical $500K Fine

Krebs on Security

.” Mark Rasch , also former federal prosecutor in Washington, said the SEC is signaling with this action that it intends to take on more cases in which companies flub security governance in some big way. ” The SEC said the 800 million+ records had been publicly available on First American’s website since 2013.

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

Security Affairs

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against four entities and one individual for their role in malicious cyber operations conducted to support the government of North Korea. ” reads the announcement. correspondent or payable-through account sanctions.”

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An Interview With the Target & Home Depot Hacker

Krebs on Security

In December 2023, KrebsOnSecurity revealed the real-life identity of Rescator , the nickname used by a Russian cybercriminal who sold more than 100 million payment cards stolen from Target and Home Depot between 2013 and 2014. Postal Investigative Service. “I’m also godfather of his second son.” Image: U.S.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

See the Top Governance, Risk and Compliance (GRC) Tools. 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. PIPL Raises the Bar – And the Stakes.

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Peter Marta, Former Global Head of Cybersecurity Law at JPMorgan joins Hogan Lovells Privacy and Cybersecurity Practice

HL Chronicle of Data Protection

Pete is an established leader in the banking and financial services sectors. And prior to joining JPMorgan Chase in 2013, Pete was a member of the U.S. At JPMorgan Chase, he advised across the organization, from security operations center initiatives to board room-level issues. intelligence community.

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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.