Collibra

JULY 6, 2022

Nearly 80% of IT decision-makers agree that the collection and analytics of data has the potential to fundamentally change the way their company does business in the next 1 – 3 years. . Despite the transformational promise, many organizations struggle to manage an increasingly complex data landscape. . Get the ebook.

Analytics 98

Analytics Government Compliance Financial Services 98

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. The Amendment also includes new governance requirements and responsibilities applicable to the CISO of all covered entities.

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. Although the approaches to dealing with the COVID-19 pandemic vary by country, as governments and businesses come to grips with it, one thing is imperative: we will get through this. . Automation, cloud-based services, and data are top of mind.

Financial Services 89

Financial Services Artificial Intelligence Computer and Electronics Cybersecurity 89

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. This week, the U.S.

Insurance 320

Insurance Risk Financial Services Mining 320

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. The primary challenge financial and insurance organizations are facing is the sheer volume of documents that require processing.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Collibra

OCTOBER 31, 2023

Last month, I attended the AWS Capital Markets Financial Data Forum in London. With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Already using AI?

Marketing 105

Marketing Government Financial Services Artificial Intelligence 105

Schneier on Security

JANUARY 31, 2024

In October, the Consumer Financial Protection Bureau (CFPB) proposed a set of rules that if implemented would transform how financial institutions handle personal data about their customers. Beyond these economic effects, the rules have important data security benefits.

Financial Services 117

Financial Services Privacy Personal data Marketing 117

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. PIPL Raises the Bar – And the Stakes.

Data Privacy 144

Data Privacy Compliance Privacy Security 144

IBM Big Data Hub

OCTOBER 4, 2022

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Furthermore, 59% of executives claim AI can improve the use of big data in their organizations, facts about artificial intelligence show. (

Government 97

Government Artificial Intelligence Metadata Data science 97

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Cloud Computer and Electronics 62

IBM Big Data Hub

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Financial Services 55

Financial Services Cloud Compliance Digital transformation 55

IBM Big Data Hub

SEPTEMBER 20, 2023

When implemented in a responsible way—where the technology is fully governed, privacy is protected and decision making is transparent and explainable—AI has the power to usher in a new era of government services. AI’s value is not limited to advances in industry and consumer products alone.

Government 99

Government Artificial Intelligence Privacy Digital transformation 99

Collibra

MAY 16, 2022

As a principal for data quality, I enjoy taking time to work with our customer base. These organizations demonstrate perspectives and prioritization that show great promise in the industry of data. . For financial services, data governance found its roots in risk. Audit & Professional Services.

Government 105

Government Risk Financial Services Access 105

Hunton Privacy

DECEMBER 4, 2023

On November 28, 2023, the New York Department of Financial Services (“NYDFS”) announced that First American Title Insurance Company (“First American”), the second-largest title insurance company in the United States, would pay a $1 million penalty for violations of the NYDFS Cybersecurity Regulation in connection with a 2019 data breach.

Financial Services 64

Financial Services Insurance Data breaches Cybersecurity 64

The Last Watchdog

SEPTEMBER 23, 2019

How can it be that marquee enterprises like Capital One, Marriott, Facebook, Yahoo, HBO, Equifax, Uber and countless others continue to lose sensitive information in massive data breaches? As I came to understand it, this new approach leverages multi-factor secret sharing algorithms previously only used by government entities.

Security 159

Security Encryption Compliance Data breaches 159

Data Protection Report

DECEMBER 17, 2020

On 25 November 2020, the European Commission ( EC ) published its proposed Data Governance Regulation (the DGR ), which will create a new legal framework to encourage the development of a European single market for data. What are the objectives of the Data Governance Regulation?

Government 102

Government Personal data Marketing Artificial Intelligence 102

erwin

APRIL 11, 2019

Keeping up with new data protection regulations can be difficult, and the latest – the General Data Protection Regulation (GDPR) – isn’t the only new data protection regulation organizations should be aware of. A number of high-profile data breaches and scandals have increased public awareness of the issue.

GDPR 100

GDPR Compliance e-Discovery Metadata 100

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. First , all of the reports specifically focus on the threat of Russian state-sponsored cyberattacks.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Collibra

NOVEMBER 26, 2024

In the last decade, nine new regulations have been added for financial services, yet the old ones remain firmly in place. The report reveals not only issues the banks have with meeting regulatory requirements but also significant problems in how they manage their data. What’s holding banks back?

Government 52

Government Compliance Digital transformation Risk 52

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Security Affairs

APRIL 8, 2020

The drug testing firm Hammersmith Medicines Research LTD (HMR), which performs live trials of Coronavirus vaccines, discloses a data breach. Stolen data included the personal information for volunteers who surnames begin with D, G, I, or J. ” reads the data breach notification published by the company.

Ransomware 133

Ransomware Data breaches Encryption Financial Services 133

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

erwin

SEPTEMBER 25, 2020

Understanding the benefits of data modeling is more important than ever. Data modeling is the process of creating a data model to communicate data requirements, documenting data structures and entity types. In this post: What Is a Data Model? Why Is Data Modeling Important? What Is a Data Model?

Data structuring 111

Data structuring Cloud Metadata Financial Services 111

Security Affairs

SEPTEMBER 9, 2023

The cybercrime group claims to have stolen 1 TB of data from the hospital and threatens to leak it. The message published by the gang on its leak site emphasizes that they didn’t encrypt data to avoid causing malfunctions to the hospital’s medical equipment.

Ransomware 139

Ransomware Phishing Encryption Privacy 139

Security Affairs

OCTOBER 29, 2021

A ransomware attack hit Papua New Guinea ‘s finance ministry and disrupted government payments and operations. Government officials confirmed that Papua New Guinea’s finance ministry was hit by a ransomware attack that disrupted government payments and operations. Follow me on Twitter: @securityaffairs and Facebook.

Ransomware 131

Ransomware Financial Services Government Data breaches 131

Security Affairs

MAY 30, 2019

Chinese Cyber-Spies Target Government Organizations in Middle East. Chinese APT group Emissary Panda has been targeting government organizations in two different countries in the Middle East. defense contractors , financial services firms, and a national data center in Central Asia. Pierluigi Paganini.

Government 103

Government Financial Services Security Cybersecurity 103

The Last Watchdog

MARCH 14, 2022

Financial services, health, home security, governance and all other mission critical services are now provided online. All these activities leave a massive digital footprint comprising our private data. With the prospect of metaverse and other completely immersive online worlds, our data becomes us.

Privacy 223

Privacy Artificial Intelligence Financial Services Archiving 223

erwin

MARCH 18, 2021

The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin.

Compliance 82

Compliance Metadata Government Financial Services 82

Data Protection Report

JULY 5, 2021

The European Commission (EC) signalled plans for a new Data Act, to be published in late 2021, in its February 2020 Data Strategy Communication. What is the objective of the possible Data Act? Lack of legal clarity on who can do what with data (for example, co-generated data). Imbalances in negotiating power.

B2B 144

B2B Personal data Cloud Access 144

Hunton Privacy

JANUARY 20, 2023

As financial services authorities move to regulate digital assets in jurisdictions worldwide, the paper highlights the need to bring privacy regulators into the discussion so that data privacy issues affecting blockchain are addressed in tandem. Data minimization. Data security. Accountability. Purpose limitation.

Paper 134

Paper Blockchain Privacy Financial Services 134

IBM Big Data Hub

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

Cloud 82

Cloud Financial Services Security Compliance 82

The Last Watchdog

SEPTEMBER 24, 2024

Ever since the massive National Public Data (NPD) breach was disclosed a few weeks ago, news sources have reported an increased interest in online credit bureaus, and there has been an apparent upswing in onboarding of new subscribers. The data began leaking in April 2024, and by summer, it was being sold on the dark web for $3.5

Authentication 215

Authentication IT ROT Compliance 215

Data Matters

MAY 4, 2022

He is one of the few lawyers who has led multiple global responses to data integrity attacks involving the financial services industry. appeared first on Data Matters Privacy Blog. The post Market Leading Cybersecurity and National Security Lawyers David Lashway and John Woods Join Sidley in Washington, D.C.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

Security Affairs

SEPTEMBER 6, 2024

The government expert pointed out that Unit 29155 operates independently from other GRU-affiliated groups like Unit 26165 and Unit 74455. Since 2020, the unit has expanded into offensive cyber operations aimed at espionage, reputational harm, and data destruction. Since 2022, the unit focused on disrupting aid efforts for Ukraine.

Financial Services 142

Financial Services Government IoT Communications 142

Collibra

JANUARY 31, 2023

Everyone knows how much data intelligence means to the enterprise. Most enterprises want a data intelligence solution. But a much smaller percentage actually adopt and integrate data intelligence into their decision-making, according to the 2022 Data Intelligence Index. Data powers our society and our economy.

Digital transformation 98

Digital transformation Data Privacy Privacy Cloud 98

Security Affairs

JUNE 20, 2023

Data-centric distributed resilience (DDR) offers a compelling approach to addressing data sovereignty in cybersecurity. As much of our modern life relies upon the cloud, the question of data protection is front of mind for many organizations. Data sovereignty plays a crucial role in a robust security strategy.

Compliance 98

Compliance Cybersecurity Risk Encryption 98

Security Affairs

DECEMBER 26, 2023

Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year. Cybersecurity company Resecurity has published the 2024 Cyber Threat Landscape Forecast.

Energy and Utilities 142

Energy and Utilities Artificial Intelligence Ransomware Data breaches 142