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. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. The post 6 benefits of data lineage for financial services appeared first on IBM Blog.

Financial Services 90

Financial Services Cloud Metadata Digital transformation 90

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. Additional changes to required policies and procedures will not begin to take effect until April 2024 and rolling thereafter.

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

eSecurity Planet

SEPTEMBER 21, 2024

The landscape of cybersecurity laws and regulations today is set to undergo significant changes, impacting businesses, government entities, and individuals alike. Understanding and adhering to cybersecurity regulations is crucial for any organization as cyber threats evolve and become more sophisticated.

Cybersecurity 121

Cybersecurity Computer and Electronics Compliance Privacy 121

Security Affairs

FEBRUARY 20, 2024

pic.twitter.com/SvpbeslrCd — vx-underground (@vxunderground) February 19, 2024 The operation led to the arrest of two members of the ransomware gang in Poland and Ukraine and the seizure of hundreds of crypto wallets used by the group. Lockbit ransomware group administrative staff has confirmed with us their websites have been seized.

Energy and Utilities 335

Energy and Utilities Ransomware Manufacturing Agriculture 335

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

2024 Tech and Cybersecurity Forecast: Navigating New Frontiers in Business madhav Thu, 12/21/2023 - 05:15 People always want to comprehend what the future brings. 2024 promises to be a pivotal year, bringing transformative advancements and new challenges in tech and cybersecurity. The same is true for today’s business leaders.

Cybersecurity 83

Cybersecurity Blockchain Artificial Intelligence Encryption 83

OpenText Information Management

OCTOBER 31, 2024

That’s why we’ve launched the 2024 CXO Insights Guide on Data & AI , a comprehensive resource packed with the latest research, industry trends, and real-world solutions to today’s most pressing data challenges. These issues undermine the reliability of analytics and AI models, leading to misinformed decisions and lost opportunities.

Analytics 52

Analytics Unstructured data Cloud Artificial Intelligence 52

Collibra

JANUARY 18, 2022

The financial services industry has had a longstanding tradition of being at the forefront of adopting new technologies. Financial institutions operate in a highly complex data landscape, with petabyte-scale data residing across thousands of data sources, spread across on-premises and multi-cloud environments.

Financial Services 52

Financial Services Cloud Government Risk 52

Collibra

NOVEMBER 6, 2024

Understanding and implementing BCBS 239 is crucial for financial services leaders to maintain regulatory compliance, mitigate risks and promote data-driven decision-making. Failure to comply can result in significant financial penalties, reputational damage and increased scrutiny from regulatory bodies.

Compliance 40

Compliance Risk Metadata Financial Services 40

The Last Watchdog

SEPTEMBER 24, 2024

The data began leaking in April 2024, and by summer, it was being sold on the dark web for $3.5 Governments can create a digital identity at birth to replace SSN in its current use. NPD reported the exposure of over 2.7 billion records. Canadian, and British citizens. That identity is tied to specific vendors.

Authentication 216

Authentication IT ROT Compliance 216

OpenText Information Management

NOVEMBER 19, 2024

Today, at OpenText World 2024 in Las Vegas, we proudly unveil Cloud Editions (CE) 24.4. Designed for industries handling sensitive data - such as healthcare, finance, legal, and government - OpenText’s cloud fax solutions empower global organizations to modernize their fax infrastructure with security and adeptness.

Cloud 59

Cloud Customer Experience Analytics Communications 59

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

The Relevance of Privacy-Preserving Techniques and Generative AI to DORA Legislation madhav Tue, 10/29/2024 - 04:55 The increasing reliance on digital technologies has created a complex landscape of risks, especially in critical sectors like finance.

Privacy 62

Privacy Encryption Compliance Risk 62

Data Protection Report

OCTOBER 23, 2024

On October 2, 2024, the New York State Department of Health (DOH) published a new cybersecurity regulation (10 NYCRR 405.46) for all general hospitals licensed pursuant to article 28 of the Public Health Law. The regulation also requires that the hospital’s cybersecurity policies address data governance and classification.

Cybersecurity 45

Cybersecurity Risk Access Financial Services 45

Data Protection Report

JANUARY 18, 2024

2024 was not a happy new year for Genesis Global Trading, Inc. (“GGT”). Companies should focus on establishing and implementing a reasonable information governance policy and record retention schedule with special emphasis on documents that contain personal information. This post will focus on the cybersecurity regulation issues. (For

Cybersecurity 111

Cybersecurity Financial Services Compliance Encryption 111

IT Governance

MARCH 11, 2024

Other news ISO/IEC 27006:2024 published ISO (the International Organization for Standardization) and the IEC (International electrotechnical Commission) have published a new standard in the ISO 27000 information security series. Key dates 31 March 2024 – PCI DSS v4.0 Key dates 31 March 2024 – PCI DSS v4.0 of the Standard.

Data Privacy 78

Data Privacy Privacy Security Data breaches 78

Thales Cloud Protection & Licensing

FEBRUARY 28, 2024

How better key management can close cloud security gaps troubling US government madhav Thu, 02/29/2024 - 05:38 In my first blog on this topic I noted a Treasury Department report released last year listed six cloud security challenges financial sector firms face. This hack included US Government networks.

Cloud 78

Cloud Government Encryption Security 78

Info Source

JANUARY 30, 2025

Following the initial hype and subsequent frustration in 2024, the market growth saw a temporary slowdown. E-invoice mandates require invoice data to be submitted following a defined standard to a government portal, which in most geographies also serves as a repository for the invoice data.

Marketing 52

Marketing B2B Digital transformation Customer Experience 52

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. Read to learn more about cloud adoption within financial services?

Cloud 72

Cloud Financial Services Risk Business Services 72

Thales Cloud Protection & Licensing

DECEMBER 12, 2024

A Critical Guide to PCI Compliance madhav Thu, 12/12/2024 - 08:28 You are shopping online, adding items to your cart, and you're ready to pay with your credit card. According to the 2024 Thales Data Threat Report Financial Services Edition , 39% of U.S. was March 31, 2024, when the previous version (PCI DSS 3.2.1)

Compliance 62

Compliance Encryption Financial Services Data breaches 62

Data Protection Report

NOVEMBER 2, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations, which are available here. c)), or Monday, April 29, 2024. NYDFS stated: The Department has revised the language of § 500.17(a) Most changes will take effect in 180 days (500.22(c)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

Info Source

SEPTEMBER 26, 2024

In our forecast period from 2024 to 2028 we predict a double digit CAGR, a slight increase compared to the past four years, which were heavily influenced by the pandemic. The Public Sector consists of Federal, State and Local Government (incl. Both segments experienced double digit growth YOY. grade schools).

Marketing 52

Marketing Energy and Utilities e-Discovery Records Management 52

Data Protection Report

MAY 24, 2024

Background – white paper response on the UK’s approach to AI regulation In February 2024, the UK Department for Science, Innovation, and Technology (DSIT) set out the government’s proposed approach to AI regulation. Accountability and governance. DSIT published the responses to these letters on 1 May 2024.

Government 45

Government Risk Marketing Paper 45

Thales Cloud Protection & Licensing

SEPTEMBER 25, 2024

Harnessing The Benefits of The Thales and Imperva Partner Ecosystem madhav Thu, 09/26/2024 - 05:18 In December last year, Thales acquired Imperva , its ninth acquisition in as many years and the second largest in organization’s history. Hybrid Cloud deployments are on the rise.

Cloud 62

Cloud Compliance Encryption Financial Services 62

Thales Cloud Protection & Licensing

APRIL 29, 2024

The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders madhav Tue, 04/30/2024 - 05:32 Trust is the currency of the digital economy. The Thales 2024 Trust Index report indicates that 87% of consumers expect vendors to respect their digital rights, which leads to trusted relationships. Like DORA, PCI DSS 4.0

Compliance 71

Compliance Cybersecurity Risk Manufacturing 71

IBM Big Data Hub

DECEMBER 18, 2023

As we look ahead to 2024, enterprises around the world are undoubtedly evaluating their progress and creating a growth plan for the year to come. In fact, we are honored to be recognized by Gartner® in their 2023 Gartner® Magic Quadrant™ for Strategic Cloud Platform Services (SCPS).¹

Cloud 63

Cloud Financial Services Compliance Digital transformation 63

Data Protection Report

APRIL 23, 2024

On 22 April 2024, the Financial Conduct Authority ( FCA ) published a speech by its chief executive, Nikhil Rathi, entitled ‘Navigating the UK’s Digital Regulation Landscape: Where are we headed?’. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

IT Governance

NOVEMBER 23, 2023

Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services. In turn, financial institutions heavily depend on ICT to be able to provide those services to begin with. That really shouldn’t surprise us – these are lucrative targets for cyber criminals.

Risk 97

Risk Data breaches Authentication Financial Services 97

IT Governance

FEBRUARY 21, 2024

In January 2024, it identified more potential victims, and has now written to inform them that their personal data may have been compromised in the incident. Key dates 31 March 2024 – PCI DSS v4.0 Subscribe now The post The Week in Cyber Security and Data Privacy: 12 – 18 February 2024 appeared first on IT Governance UK Blog.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

IT Governance

JANUARY 23, 2024

Australian government sets out risk-based system to respond to AI The Australian government has launched its plan to respond to the rise in AI, using a risk-based system to impose proportionate controls on its use.

Data Privacy 52

Data Privacy Privacy Manufacturing Security 52

Collibra

JULY 9, 2024

This article is based on Collibra and Baptist Health’s discussion at the Data Citizens 2024 conference in Orlando, FL, bringing together the world’s most innovative community of data leaders to experience breakthrough solutions. Collibra is an Amazon Web Services Partner with an AWS Financial Services Competency designation.

Cloud 52

Cloud Analytics Government Artificial Intelligence 52

Data Protection Report

FEBRUARY 2, 2024

On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing.

Insurance 78

Insurance Artificial Intelligence Risk Compliance 78

IBM Big Data Hub

APRIL 11, 2024

A cloud-based infrastructure that uses IBM Cloud® for Financial Services can be the answer to ensure the security, privacy and flexibility needed to keep up with these changes in the industry. Customers are concerned about how AI systems might utilize or handle their personal and financial information improperly.

Cloud 58

Cloud Financial Services Privacy Risk 58

OpenText Information Management

MARCH 5, 2025

Enterprise Scan upload approvals: Documents scanned via Enterprise Scan now adhere to Smart Document Type approval workflows, maintaining content governance. From Smart View optimizations and AI-driven workflows to advanced governance and security features, this release supports organizations in managing their content more effectively.

ECM 52

ECM Metadata Cloud e-Delivery 52

Data Protection Report

APRIL 9, 2024

On March 27, 2024, the Cybersecurity and Infrastructure Security Agency (“CISA”) published a Notice of Proposed Rulemaking for the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“CIRCIA”), which imposes new reporting requirements for entities operating in critical infrastructure sectors.

Ransomware 84

Ransomware Agriculture Cybersecurity Government 84

IBM Big Data Hub

JUNE 10, 2024

Projections by the US Census Bureau list the 2024 global population at around 8 billion people. Financial services Like data analytics, fintech companies depend on CPUs to enable the fast and efficient processing of huge amounts of financial-based information. That leads to a stunning comparison.

Computer and Electronics 64

Computer and Electronics Energy and Utilities Manufacturing Analytics 64

Data Matters

DECEMBER 28, 2020

The GCC uses a risk-based capital (RBC) aggregation approach intended to act as an additional group supervisory tool for regulators, in conjunction with the Form F Enterprise Risk Report, Own Risk and Solvency Assessment (ORSA) report, and the Corporate Governance Annual Disclosure. Maloney, D-N.Y., in May 2020.

Insurance 67

Insurance Paper Risk Analytics 67

Thales Cloud Protection & Licensing

MARCH 14, 2024

Keeping Customer Data Safe: AI's Privacy Paradox andrew.gertz@t… Thu, 03/14/2024 - 17:38 AI's appeal lies in its ability to personalize and streamline customer experiences in ways previously unimaginable. This finding is backed up by the Thales 2024 Consumer Digital Trust Index, “Building Digital Experiences that Enhance Consumer Trust.”

Privacy 71

Privacy Data Privacy Risk Compliance 71

Hunton Privacy

FEBRUARY 28, 2024

As reported on the Hunton Employment & Labor Perspectives blog , on February 15, 2024, California lawmakers introduced the bill AB 2930. AB 2930 aims to prevent algorithmic discrimination through impact assessments, notice requirements, governance programs, policy disclosure requirements and providing for civil liability.

Artificial Intelligence 58

Artificial Intelligence Government Risk Compliance 58