IBM Big Data Hub

JUNE 5, 2024

DORA is a European Union regulation that aims to establish technical standards that financial entities and their critical third-party technology service providers must implement in their ICT systems by 17 January 2025. IBM Cloud also supports mission-critical workloads and addresses evolving regulations around the globe.

Financial Services 48

Financial Services Cloud Data breaches Compliance 48

Collibra

JANUARY 31, 2023

to 181 zettabytes by 2025. By 2025, it’s estimated that 463 exabytes of data will be created every day. Privacy and protection regulations are growing in numerous industries (such as financial services) and geographic regions (including the EU, Australia, California, and Nevada). Source: World Economic Forum.)

Digital transformation 98

Digital transformation Data Privacy Privacy Cloud 98

The Last Watchdog

OCTOBER 30, 2024

30, 2024, CyberNewswire — The American Transaction Processors Coalition (ATPC) Cyber Council will convene “The Tie that Binds: A 21st Century Cybersecurity Dialogue,” on October 31, 2024, at the Bank of America Financial Center Tower’s Convention Hall in Atlanta. Atlanta, GA, Oct.

Cybersecurity 130

Cybersecurity Financial Services Risk Privacy 130

IBM Big Data Hub

FEBRUARY 4, 2022

ISO 20022 was first introduced in 2004 to provide more standardization and deliver richer information for Financial Services transactions. Leveraging rich data to provide value-added services, such as real-time fraud detection, automated reconciliation, etc. Background on ISO 20022. In the U.S., The future of payments.

Artificial Intelligence 119

Artificial Intelligence Financial Services Analytics Marketing 119

Hunton Privacy

JUNE 9, 2022

Licensees are wholly exempt from the law if they are compliant with the New York Department of Financial Services Cybersecurity Requirements for Financial Services Companies (23 NYCRR §§ 500.0 to 500.23) and they submit a written statement to the Commissioner certifying such compliance.

Insurance 107

Insurance Security Information Security Cybersecurity 107

Data Protection Report

APRIL 23, 2024

He noted that whilst the growing emergence of Big Tech in financial services has already made life easier for consumers, it remains unclear how valuable their data will become in financial markets. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

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. December 2025: Banks of EU and Eurozone countries are required to support sending SEPA instant payments.

Cloud 58

Cloud Financial Services Privacy Risk 58

Thales Cloud Protection & Licensing

APRIL 29, 2024

Payment Services Directive (PSD3) PSD3 is an updated version of PSD2 and provides rules on the efficiency and security of digital payments and financial services in the EU. It aims to improve competition and innovation in the financial industry while increasing consumer protection. PCI DSS 4.0 Like DORA, PCI DSS 4.0

Compliance 71

Compliance Cybersecurity Risk Manufacturing 71

Data Protection Report

OCTOBER 23, 2024

Although most of the regulation will take effect in one year, on October 2, 2025, the requirement that covered hospitals provide notice to DOH within 72 hours of a “Cybersecurity incident” (which can include third party incidents) went into effect upon publication.

Cybersecurity 45

Cybersecurity Risk Access Financial Services 45

Thales Cloud Protection & Licensing

APRIL 15, 2024

By 2025, Gartner predicts that 45% of organizations worldwide will have experienced attacks on their software supply chains. The news has already captured some very high-profile incidents, including attacks on an American retailer, a software vendor, and more recently a multinational investment and financial services bank.

Risk 62

Risk Financial Services Cloud Retail 62

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 89

Risk Data breaches Authentication Financial Services 89

Data Protection Report

MAY 24, 2024

The AI update was published alongside a speech by chief executive Nikhil Rathi announcing the FCA’s plans to focus on Big Tech and Feedback Statement FS24/1 on data asymmetry between Big Tech and firms in financial services. Consultations on updates are expected from spring 2025.

Government 45

Government Risk Marketing Paper 45

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

Initially a driving force in financial services for secure transactions, blockchain now faces the challenge of reshaping its image and functionality. Their forecast suggests that by 2025, 30% of enterprises will have adopted broad-spectrum data security platforms, a significant increase from less than 10% in 2021.

Cybersecurity 83

Cybersecurity Blockchain Artificial Intelligence Encryption 83

Thales Cloud Protection & Licensing

SEPTEMBER 2, 2024

Many regulations, such as PSD2 for financial services, require device binding. So, financial institutions, and service providers in similar regulated industries, have to raise the bar on passkeys before implementing them for PSD2/SCA.

Passwords 62

Passwords Authentication Phishing Compliance 62

IBM Big Data Hub

MAY 15, 2024

According to a Gartner report , cloud operational expenses are expected to surpass traditional IT spending, reflecting the ongoing transformation in expenditure patterns by 2025. FinOps is an evolving cloud financial management discipline and cultural practice that aims to maximize business value in hybrid and multi-cloud environments.

Cloud 56

Cloud Financial Services IT 56

IBM Big Data Hub

FEBRUARY 8, 2023

billion by 2025. Organizations in highly regulated markets such as healthcare, government and financial services have additional challenges in meeting industry regulations around data and models. Adherence to responsible artificial intelligence (AI) standards follows similar tenants. The average cost of compliance came in at $5.47

Artificial Intelligence 52

Artificial Intelligence Compliance Government Analytics 52

Info Source

MARCH 6, 2019

The enterprise segment was another growth driver with substantial wins in the financial services, insurance, transportation and logistics, and legal sectors. Overall spending is expected to reach $232 billion by 2025 compared to an estimated $12.4 billion today. ABBYY increased its global partner network by more than 20%.

Unstructured data 49

Unstructured data Digital transformation Marketing Financial Services 49

eSecurity Planet

JUNE 16, 2022

trillion by 2025, according to the report Cyberwarfare in the C-Suite from Cybersecurity Ventures. Capital markets, insurance, financial services, and banking are now online. In 2015, global cyber crime had a cost of about $3 trillion, and the cost is expected to rise to $10.5 Other methods.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Information Matters

DECEMBER 7, 2018

“The global ‘data sphere’ could grow from 33 to 175 zettabytes by 2025, and industries such as Financial Services, Manufacturing, Healthcare, and Media and Entertainment are helping to define this new era of data growth. ” [link].

IoT 40

IoT Blockchain Personal data Analytics 40

IBM Big Data Hub

OCTOBER 20, 2023

.” When observing its potential impact within industry, McKinsey Global Institute estimates that in just the manufacturing sector, emerging technologies that use AI will by 2025 add as much as USD 3.7 trillion in value.

Data science 71

Data science Manufacturing Artificial Intelligence Retail 71

Reltio

MAY 13, 2019

The fact that your ECC version will go onto extended maintenance in 2025 is not the main reason, is it?”. “No, So it’s not too late to think about including a purpose-built data management solution to reduce the data related risk in your project” “What exactly do you mean by data related risk?”.

Cloud 89

Cloud Cleanup Risk IT 89

Thales Cloud Protection & Licensing

NOVEMBER 2, 2017

The conference features a variety of topics and sessions regarding all aspects of financial services, from cryptocurrency to banking. But despite the challenges facing blockchain, World Economic Forum predicts that 10% of Global GDP will be stored on blockchains by 2025. Digital Payments.

Blockchain 63

Blockchain IT Authentication e-Delivery 63

IBM Big Data Hub

MAY 13, 2024

The World Economic Forum estimated that automation will displace 85 million jobs by 2025, and 40% of core skills will change for workers in its Future of Jobs Report 2023. Financial services Employees in finance increasingly have enhanced tools to help them make better investments on behalf of their clients.

Digital transformation 83

Digital transformation Education Financial Services Artificial Intelligence 83

Thales Cloud Protection & Licensing

MARCH 14, 2024

Looking to the Future With 2025 just around the corner, the future of AI and its impact on consumers and trust promises to be an exciting journey, crammed with advancements and, no doubt, challenges too.

Privacy 71

Privacy Data Privacy Risk Analytics 71