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

FEBRUARY 14, 2024

Customer-facing AI use cases Deliver superior customer service Customers can now be assisted in real time with conversational AI. Voice-based queries use natural language processing (NLP) and sentiment analysis for speech recognition so their conversations can begin immediately.

Retail 82

Retail Artificial Intelligence Unstructured data Insurance 82

Info Source

DECEMBER 8, 2023

For example, organisations in the Legal and Retail sector may see impressive ROIs. In our vertical market sizing and analysis, we cover horizontal use cases e.g., accounting, HR management, as well as vertical specific use cases e.g., bank account opening, mortgage processing and insurance claims processing.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40

IBM Big Data Hub

JANUARY 25, 2024

For example, a retailer can offer a discount or free item on the customer’s birthday. For instance, a retailer might give a 10 percent discount on every purchase, reducing churn. Engaging in transparent pricing Organizations will often use data-driven analysis to identify the precise price point that drives profitability.

Customer Experience 66

Customer Experience Retail Sales Artificial Intelligence 66

Reltio

MARCH 19, 2019

Mike Evans is CTO and Founder at Comma Group and has spent more than a decade in the business analysis, MDM and data management space. As an aspiring Project Manager, I was asked to work on an analysis project to understand why some recent initiatives weren’t achieving expected results. I never consciously chose to work in data.

MDM 75

MDM Retail IT Government 75

CGI

JANUARY 7, 2020

While all data is stored, banks use it for different purposes, such as regulatory compliance, customer behavior analysis, and other strategies. Using this information, the bank also can create a reasonable estimate of the borrower’s net worth to supplement or even replace financial statements, depending on the loan amount.

Analytics 84

Analytics Marketing Compliance Risk 84

eSecurity Planet

SEPTEMBER 10, 2021

Organizations that collect personally identifiable information (PII) like those in retail, healthcare, and financial services face strict regulations when it comes to customer privacy and data security. Read more: Best Intrusion Detection and Prevention Systems for 2021. Double-check your compliance requirements.

Cloud 132

Cloud Security Encryption Risk 132

Reltio

MARCH 20, 2023

By automating specific tasks and processes, AI can help speed up data flow from collection to analysis and decision-making. For example, a financial services company may use Amazon Web Services (AWS) for data storage and processing and Microsoft Azure for disaster recovery.

MDM 97

MDM Cloud Analytics e-Discovery 97

Info Source

JULY 16, 2019

The retail industry and banking are the biggest spenders on AI in the region, with use cases such as fraud analysis and customer-facing process automation enabling self-service and improving customer experience. According to IDC , the spending on AI systems in Asia-Pacific is expected to reach $5.5 billion in 2022.

Customer Experience 40

Customer Experience Financial Services Marketing Retail 40

IBM Big Data Hub

FEBRUARY 23, 2024

In addition, ML techniques power tasks like speech recognition, text classification, sentiment analysis and entity recognition. When incorporating speech recognition, sentiment analysis and dialogue management, conversational AI can respond more accurately to customer needs.

Analytics 95

Analytics Artificial Intelligence Marketing Education 95

Data Protection Report

MAY 25, 2022

The decision has been labelled as a watershed decision in Australia – a ‘first of its kind’ case that puts financial services firms, and more broadly, corporate Australia, on notice that failures to adequately understand and manage cybersecurity and cyber resilience risks will no longer be tolerated by Australia’s regulatory agencies.

Cybersecurity 75

Cybersecurity Risk Financial Services Retail 75

Hunton Privacy

SEPTEMBER 23, 2015

District Court for the District of Minnesota certified a Federal Rule of Civil Procedure 23(b)(3) class of financial services institutions claiming damages from Target Corporation’s 2013 data breach. Retail Sec. On September 15, 2015, Judge Magnuson of the U.S. Noting that the case of In re TJX Cos. Breach Litig.,

Data breaches 45

Data breaches Financial Services Retail IT 45

IBM Big Data Hub

OCTOBER 20, 2023

The financial industry has effectively harnessed AI to assist in additional areas, including: Automating credit assessments Real-time fraud detection Money laundering prevention Claims processing Retail Over the past two years, we have all needed to adopt new hybrid approaches to working, parenting, socializing—and shopping.

Data science 71

Data science Manufacturing Artificial Intelligence Retail 71

Collibra

SEPTEMBER 5, 2019

The industries with the most respondents specifying that data governance is absolutely “critical” were insurance (60%) and retail/wholesale (55%), closely followed by healthcare and financial services. . Enabling data access without the right context and data quality can unfortunately lead to inaccurate analysis.

Marketing 49

Marketing Analytics Government Financial Services 49

Info Source

SEPTEMBER 26, 2024

VERTICAL MARKETS In the Global IDP market, the Finance segment (including Banking and Financial Services combined with Insurance) continued to represent the largest industry sector in 2023. Second tier verticals with a growth rate above the industry average in 2023 were Retail, Telecommunication & Utilities, and the Energy sector.

Marketing 52

Marketing Energy and Utilities e-Discovery Records Management 52

Information Matters

DECEMBER 7, 2018

. “Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personal data. ” [link]. The data era is shifting: From creation to storage to readiness – Information Age, 27 November 2018. ” [link]. ” [link].

IoT 40

IoT Blockchain Personal data Analytics 40

Data Matters

NOVEMBER 2, 2021

The ProShares ETF effectively provides retail investors access to the same exposure to Bitcoin futures that is directly available to institutional investors who are able to trade Bitcoin futures through an FCM. Traditional OTC Derivatives. The driver of these other factors for digital assets is the nature of the asset itself.

Blockchain 88

Blockchain Marketing Access Risk 88

Security Affairs

OCTOBER 6, 2021

The majority of intercepted credentials by Agent Tesla related to financial services, online-retailers, e-government systems and personal and business e-mail accounts. . Researchers found active instances of Agent Tesla and developed a mechanism to enumerate the affected clients and extract compromised data.

Financial Services 361

Financial Services Retail Education Information Security 361

Security Affairs

MAY 10, 2022

“Frappo” acts as a Phishing-as-a-Service and enables cybercriminals the ability to host and generate high-quality phishing pages which impersonate major online banking, e-commerce, popular retailers, and online-services to steal customer data. Detailed analysis of the Phishing-As-A-Service Frappo is available here: [link].

Phishing 255

Phishing Retail Financial Services Data breaches 255

ForAllSecure

JANUARY 19, 2022

We use public key cryptography in https and secures how we use our financial services or order online. In most cases, this regards the European Union’s General Data Protection Regulation or GDPR, and in the UK that law continues as the UK GDPR. Moffatt: But what they equally do they publish notifications as well.

Passwords 52

Passwords Authentication Access Data breaches 52

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

Reltio

DECEMBER 10, 2021

Reltio serves several retail, travel and hospitality, and financial services customers that experience significant seasonal spikes in their usage. Policy change management and impact analysis through reporting and analytics. Rapid and Comprehensive Real-Time Integration for Real-time Operations. Data validation.

MDM 98

MDM Analytics Digital transformation Cloud 98

IT Governance

DECEMBER 11, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Source (New) Retail USA Yes 2,469 Three GreatStar Industrial Co. Welcome to this week’s round-up of the biggest and most interesting news stories. subsidiaries: Arrow Fastener Co.,

Data Privacy 89

Data Privacy Energy and Utilities Privacy Manufacturing 89

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. It uses sophisticated monitoring, automation, and analysis tools to identify risks in real time so you can respond to them as efficiently as possible.

Compliance 68

Compliance Risk Government Retail 68

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. It uses sophisticated monitoring, automation, and analysis tools to identify risks in real time so you can respond to them as efficiently as possible.

Compliance 58

Compliance Risk Government Retail 58

Thales Cloud Protection & Licensing

APRIL 15, 2024

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. By 2025, Gartner predicts that 45% of organizations worldwide will have experienced attacks on their software supply chains.

Risk 62

Risk Financial Services Cloud Retail 62

Data Matters

SEPTEMBER 4, 2019

Securities and Exchange Commission on June 5, 2019, broker-dealers and associated persons are required to act in the best interest of a retail customer when recommending a securities transaction or investment strategy involving securities to a retail customer. 26R — Bonds and SSAP No. 43R — Loan-Backed and Structured Securities.

Insurance 68

Insurance Paper Risk Big data 68

Thales Cloud Protection & Licensing

SEPTEMBER 4, 2024

PSD2 has had a profound impact on the financial ecosystem, reshaping the infrastructure for banks, fintechs, and businesses that rely on payment data to serve consumers better. PSD2 hinges on a critical connection between retailers, fintechs, and banks. Let's explore the details further.

Compliance 62

Compliance Authentication Financial Services Risk 62

IT Governance

MARCH 11, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Source 1 ; source 2 (Update) IT services Taiwan Yes 2,451,197 RMH Franchise Corporation Source (New) Hospitality USA Yes 1.5 Source (New) Retail Italy Yes 436,932 Toner-dumping.de

Data Privacy 70

Data Privacy Privacy Security Data breaches 70

IT Governance

FEBRUARY 21, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. 402,437,094 known records breached in 240 publicly disclosed incidents Welcome to this week’s global round-up of the biggest and most interesting news stories.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

IT Governance

JANUARY 23, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Welcome to this week’s round-up of the biggest and most interesting news stories. Organisation(s) Sector Location Data breached?

Data Privacy 52

Data Privacy Privacy Manufacturing Security 52

Collibra

JANUARY 27, 2022

For instance, insurers will have to overcome data silos and aggregate massive volumes of data from across disparate data sources for risk calculation, back-testing, analysis and reporting purposes. Mandar Mahaja is a Sales Engineer at Collibra who works closely with our insurance and financial services customers.

Compliance 52

Compliance Cloud Insurance Metadata 52

Collibra

APRIL 14, 2022

Virtually every regulation – from BCBS 239, BSA/AML, MiFID II, FRTB, and more – entail financial institutions to aggregate massive volumes of data from disparate internal and external data sources for analysis. According to Forrester Research, nearly 65% of data goes unused by enterprises for analysis.

Compliance 52

Compliance Cloud Metadata Risk 52

Info Source

DECEMBER 18, 2024

KEY TAKEAWAYS Market Scope and Methodology : This assessment of vertical opportunities for IDP solutions is a key pillar of Infosources analyst services. The quantitative analysis of IDP investments by industry sector is based on vendor inputs and forecasts future demand based on industry dynamics in key countries.

Marketing 52

Marketing Digital transformation Insurance Manufacturing 52

IT Governance

APRIL 29, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc.,

Data Privacy 83

Data Privacy Privacy Manufacturing Security 83

IBM Big Data Hub

AUGUST 15, 2023

Healthcare, retail, financial services, manufacturing—whatever the industry, business leaders want to know how using data can give them a competitive advantage and help address the post-COVID challenges they face each day.

Artificial Intelligence 74

Artificial Intelligence IT Customer Experience Government 74

IT Governance

JANUARY 16, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. GB Rebekah Children’s Services Source (New) Non-profit USA Yes 2,805 Butte School District Source 1 ; source 2 (Update) Education USA Yes 2,658 Dignity Health Nevada St.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52