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I’ve recently had a quiet year on the blogging front – my professional duties have prevented me from playing a more active role on the Internet during this year than I would have liked, but that is set to change in 2017.
On February 4, 2021, the New York Department of FinancialServices (NYDFS) issued Circular Letter No. Educate Insureds and Insurance Producers. The post New York Department of FinancialServices Issues First Guidance by a U.S. regulator concerning the increasingly critical issue of cyberinsurance. 1 See W.B.
Healthcare and public health, financialservices, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. In fact, ransomware-as-a-service is alive and well, educating would-be offenders on how to undertake an attack and even offering customer support.
With customers in nearly every industry including government, education, financialservices, manufacturing and health care, Laserfiche offers solutions tailored to organizations’ needs, and the expertise and personalized service that drive customer success. and Canada.
Nineteen percent of RIM programs report into IT (up from 15% in 2017), and 28% into legal (up from 18.5% in 2017), with the remainder reporting into senior administrative roles, compliance, corporate services, or finance teams. In 2017, only 25% of respondents reported they had re-organized their programs.
Some organizations such as financialservices firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Read more : Becoming an MSSP: Tools, Services & Tops for Managed Security Services. The Human Element.
Profiling is most often used for marketing purposes, but it is also used in other areas, such as healthcare, financialservices and education, where large volumes of data need to be analysed in order to make quicker and more consistent decisions. Such decision-making is now restricted.
I recently spoke with the IG director for a global financialservices firm about progress in addressing long-term digital information. 2) Expand the focus beyond records management and look for opportunities to educate stakeholders about the unique characteristics of the digital information assets. Useful Resources and Tools.
Fri, 01/13/2017 - 01:45. This is the final blog in my three-part series on the disruptive impact of financial technology (FinTech) firms on today’s banks. The blog series is based on the findings of CGI’s 2016 survey of 1,670 consumers across 8 countries, which assessed consumer perspectives on 12 leading digital FinTech services.*
As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of FinancialServices (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. billion were made under property/casualty policies that were silent about cyber risks.
Areas such as financialservices, technology, manufacturing, pharmaceutical, and energy industries all needed systems with these two factors. Once established in bitcoin, it was not long before blockchain came to be used for any transaction that needed a trust factor among all parties and a verifiable audit trail. How Blockchain Works.
Wed, 02/22/2017 - 01:58. Today's digital world of multi-dimensional, organized criminal threats ruthlessly exposes the weak points in any financial institutions anti-financial crime (AFC) defences. But, as criminals increase their use of enhanced tactics for financial crime, how do you ensure your AFC defences keep pace?
I recently shared my thoughts on the Top 5 business changing IT trends from 2017. In other words, an oil and gas company may be able to find more long-term opportunities by looking at operations and innovation in the financialservices industry than at their nearest competitor. ravi.kumarv@cgi.com. Wed, 02/21/2018 - 03:49.
In January 2017, seeking to provide practical advice for directors to address their oversight responsibilities, the National Association of Corporate Directors (NACD) released its (revised) Handbook on Cyber-Risk Oversight (NACD Handbook). Designing an Enterprise-Level Approach.
Let’s take a closer look at the top 10 products from G2 Crowd’s Fall 2017 Payroll Grid® Report and how they rank among these features. Features: APS Payroll Solution provides accurate pay, tax compliance, self-service and real-time payroll reports. ADP Workforce Now. SurePayroll. QuickBooks Desktop Pro. PeopleSoft. Patriot Payroll.
One of the most serious cyber attacks to hit the UK was WannaCry in May 2017, which infected machines at 81 health trusts. A C1 attack is one that might cripple infrastructure such as energy supplies and the financialservices sector. The US authorities have accused North Korea of being responsible.
Moreover, following a 78% increase in attacks on supply chain vendors between 2017 and 2020, 35% of all nation-state attacks are now targeted at enterprises. For example, the Lazarus Group (also known as APT38), which has connections to the North Korean government, is reportedly behind “the creation of the malware used in the 2017 WannaCry 2.0
This means, for example, that the FCA will be left to regulate AI across financialservices; the MHRA to consider what is appropriate in the field of medicines and medical devices; and the SRA for legal service professionals. This approach is already beginning to play out in some areas.
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