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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 These climate events have a huge potential impact on financial institutions. According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million.

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Top financial services trends of 2024

IBM Big Data Hub

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. One example of this is in insurance.

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DORA: 1 year to go! Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds

Thales Cloud Protection & Licensing

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.

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The Week in Cyber Security and Data Privacy: 6 – 12 November 2023

IT Governance

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”.

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A massive DDoS attack took down the site of the German financial agency BaFin

Security Affairs

The BaFin is responsible for overseeing banks, insurance companies, investment firms, and other financial institutions. BaFin also regulates the securities markets and the financial services industry. Aufgrund eines DDoS-Angriffs ist die BaFin-Website seit Freitag, 01.09.23, nur eingeschränkt erreichbar.

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Reltio is recognized a Leader in The Forrester Wave™: Master Data Management, Q2 2023

Reltio

We recognized that digital and cloud transformation requires modern MDM with automated data quality and data unification capabilities and that leveraging the power of the cloud makes MDM easier, cheaper, more secure, flexible and nimbler.

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Infosource Global Capture & IDP Vertical Market Analysis 2022-2023 Update

Info Source

KEY TAKEAWAYS This vertical market assessment is an integral part of Infosource’s analyst services in the Software practice. We analyse industry sectors in key countries around the world and leverage this knowledge in the regional forecasting of the Capture & IDP market.