The Last Watchdog

MARCH 14, 2022

Financial services, health, home security, governance and all other mission critical services are now provided online. Each time we subscribe for an online service or install a mobile application, we are introduced with a document which explains in detail how our private data will be handled.

Privacy 223

Privacy Artificial Intelligence Financial Services Archiving 223

IBM Big Data Hub

APRIL 4, 2024

The traditional approach for banks and ISV application onboarding involves a review process, which consists of several key items like the following: A third-party architecture review, where the ISV needs to have an architecture document describing how they are deploying into the cloud and how it is secure.

Financial Services 55

Financial Services Cloud Compliance Digital transformation 55

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

AIIM

OCTOBER 22, 2019

Also known as “capture,” this capability is characterized by the ability to scan paper documents to store and use them in digital form instead of paper. First developed over 30 years ago, capture systems have evolved from simple solutions for basic scanning into sophisticated and expensive systems for enterprise-wide document automation.

Paper 93

Paper Computer and Electronics Access Archiving 93

Krebs on Security

JANUARY 25, 2022

The reader who shared this story (and copious documentation to go with it) asked to have his real name omitted to avoid encouraging further attacks against his identity. MSF said the personal information involved in this incident may have included name, date of birth, government-issued identification numbers (e.g.,

Financial Services 225

Financial Services IT Data breaches Passwords 225

Krebs on Security

DECEMBER 27, 2019

-based Synoptek is a managed service provider that maintains a variety of cloud-based services for more than 1,100 customers across a broad spectrum of industries , including state and local governments, financial services, healthcare, manufacturing, media, retail and software.

Ransomware 192

Ransomware IT Phishing Financial Services 192

AIIM

MAY 6, 2020

This will predominantly be documents with a structure such as forms, orders, invoices, delivery dockets, and vouchers. The steps for capture-to-process include: Recognize and extract useful data from the document or form. These important hidden benefits include: Improved searchability of business documents.

Paper 149

Paper Digital transformation Financial Services Records Management 149

erwin

FEBRUARY 20, 2020

Whether documenting systems and technology, designing processes and value streams, or managing innovation and change, organizations need flexible but powerful EA and BP tools they can rely on for collecting relevant information for decision-making. The Advantages of Enterprise Architecture & Business Process Modeling from erwin.

Compliance 128

Compliance Financial Services Healthcare Digital transformation 128

AIIM

MARCH 3, 2020

Too often I hear one of two, equally bad answers: Keep Records for Seven years: This seems to be the de facto answer, especially for financial services records. Internal Revenue Service rules around when they can audit individual and corporate tax returns. As near as I can tell, this comes from the U.S.

Records Management 166

Records Management Financial Services Big data Analytics 166

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 biggest identified gaps are data governance and data quality, which could seriously affect the banking industry. Banks continue to struggle with compliance, as evidenced by the fact that only 6.5%

Government 52

Government Compliance Digital transformation Risk 52

Security Affairs

MAY 24, 2023

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against four entities and one individual for their role in malicious cyber operations conducted to support the government of North Korea. ” reads the announcement. correspondent or payable-through account sanctions.”

Government 98

Government Military Financial Services Security 98

Security Affairs

APRIL 8, 2020

The research firm revealed that many of the government IDs exposed in the data breach have since expired. “Many of the ID documents we have on file have expired, but if you believe you provided to HMR IDs that are still valid, report these documents as being compromised to the organisation that issued them.”

Ransomware 133

Ransomware Data breaches Encryption Financial Services 133

Info Source

FEBRUARY 2, 2021

LOUIS, MO., — February 2, 2021 — KnowledgeLake today announced growth figures for 2020 that highlight the rapid adoption of its cloud-native platform for intelligent document processing that gives organizations control of the entire document lifecycle and the ability to capture, process, and manage almost any document. .

Cloud 59

Cloud ECM Financial Services Manufacturing 59

The Last Watchdog

APRIL 3, 2019

Identity governance and administration, or IGA , has suddenly become a front-burner matter at many enterprises. Related: Identity governance issues in the age of digital transformation. I had the chance at RSA 2019 to visit with Mike Kiser, global strategist at SailPoint , an Austin, TX-based supplier of IGA services to discuss this.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140

IBM Big Data Hub

JUNE 7, 2022

Governments and regulatory bodies around the world are working to establish safety standards. The proposed rules aim to govern automated valuation models to protect borrowers. As governments recognize and regulate the growing use of AI for crucial decisions, enterprises should prepare proactively. In the U.S.,

Government 52

Government Financial Services Compliance Cloud 52

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 111

Cybersecurity Financial Services Compliance Encryption 111

erwin

AUGUST 13, 2020

With more governance around the information and processes we use to document that information, we can produce more accurate and robust analyses for a true “as-is” view of the entire organization for better decision-making. We also need to reduce the cost of curating and governing information within our repositories.

Artificial Intelligence 143

Artificial Intelligence Healthcare Compliance Financial Services 143

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. How do you build an effective information governance program? Information governance must be an ongoing programme which is valued by senior management.

Privacy 144

Privacy Compliance Personal data Risk 144

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

Krebs on Security

JULY 21, 2022

“There are just horrifying stories that run the gamut in terms of victims, from young women early in their careers, to senior citizens and even to people working in the financial services industry.” ” For many younger victims of pig butchering, even losses of a few thousand dollars can be financially devastating.

Marketing 339

Marketing Communications Mining Financial Services 339

Info Source

SEPTEMBER 26, 2024

CAPTURE & IDP MARKET FRAMEWORK Infosource defines the IDP market as software and services that are used to ingest and process business inputs which involve unstructured documents and other input types. Inputs can include not only documents and other text-based sources, but also voice, photos, videos, and IoT channels.

Marketing 52

Marketing Energy and Utilities e-Discovery Records Management 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

Collibra

MARCH 11, 2021

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. Focus on the operating model.

Government 59

Government Communications Insurance Customer Experience 59

erwin

DECEMBER 20, 2018

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. Defining Data Governance. www.erwin.com/blog/defining-data-governance/.

Government 40

Government Financial Services GDPR Data breaches 40

erwin

JUNE 21, 2019

In an M&A scenario, businesses need to ensure their systems are fully documented and rationalized. Industry and government regulations affect businesses that work in or do business with any number of industries or in specific geographies. Without business process modeling , this is near impossible. Ensuring Compliance.

Healthcare 108

Healthcare Compliance Financial Services GDPR 108

Collibra

JUNE 23, 2022

Unity Catalog provides a unified governance solution for all data assets including files, tables, dashboards, and machine learning models in your lakehouse on any cloud. Databricks and Collibra’s joint customers are excited for the deeper lineage capabilities and the improved data governance Unity Catalog will provide.

Financial Services 98

Financial Services Marketing Government Analytics 98

erwin

SEPTEMBER 25, 2020

Data modeling is the process of creating a data model to communicate data requirements, documenting data structures and entity types. Today, data modeling is a cost-effective and efficient way to manage and govern massive volumes of data, aligning data assets with the business functions they serve. What’s the Best Data Modeling Tool?

Data structuring 111

Data structuring Cloud Metadata Financial Services 111

Armstrong Archives

DECEMBER 18, 2023

This reality has made data security increasingly important, requiring a sea change in the way companies handle their documents. We have decades of experience in the safe storage, scanning, and shredding of our clients’ important documents. What paperwork do I need to keep: How do you know which documents to keep or shred?

Archiving 52

Archiving Paper Records Management Compliance 52

Collibra

JULY 14, 2023

Today, we’re excited to announce we’ve attained two new AWS Competencies under the AWS Competency Program: the Data and Analytics Competency, and the Government Competency. Collibra takes immense pride in achieving the AWS Data and Analytics Competency and the AWS Government Competency.

Analytics 94

Analytics Government Metadata Financial Services 94

erwin

SEPTEMBER 12, 2019

In short, an internal business process is a documented account of how things should be done to maximize efficiency and achieve a particular goal. But now, even traditional industries like healthcare and financial services, which were historically slow to innovate, are transforming at breakneck speed. Carpe Process.

Marketing 101

Marketing Financial Services Government Communications 101

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. IT governance and security. Privacy governance and management. Document control. Audit management.

Compliance 58

Compliance Risk Government Retail 58

Collibra

AUGUST 14, 2023

As we speed into a new AI era, there’s a critical element that’s often missing when organizations rush forward in hyper-competitive markets to build scalable, trusted AI programs — and that’s AI governance. An AI governance framework offers a blueprint for how to create successful AI products.

Government 52

Government Risk Financial Services Compliance 52

eSecurity Planet

FEBRUARY 11, 2022

Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Documenting and Implementing Procedures. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022.

Risk 135

Risk Cybersecurity Encryption Access 135

Security Affairs

NOVEMBER 17, 2019

Chinese white hat hackers have a long story of success, they won several international hacking contests in the past, but in 2018 the Chinese government prohibited Chinese experts in participating this kind of competition abroad. Since the decision of the Chinese Government, the TianfuCup was set up for the first time in the fall of 2018.

Financial Services 109

Financial Services Government Security Cybersecurity 109

erwin

JULY 11, 2019

For instance, millennials are adept at using digital channels, and they are the fastest-growing customer base for financial services companies. Digital and business transformation is about being able to do three things at the same time, all working toward the same goals: Collect, document and analyze requirements. Data usage.

Digital transformation 106

Digital transformation Information capture Compliance Financial Services 106

erwin

JULY 8, 2020

It also serves to operationalize and govern mission-critical information by making it available to the wider enterprise at the right levels to identify synergies and ensure the appropriate collaboration. Industry and government regulations affect businesses that work in or do business with any number of industries or in specific geographies.

Digital transformation 136

Digital transformation Compliance GDPR Healthcare 136

Krebs on Security

NOVEMBER 14, 2024

net that paid people to click on ads for Russian government employment opportunities. Hydra trafficked in illegal drugs and financial services, including cryptocurrency tumbling for money laundering, exchange services between cryptocurrency and Russian rubles, and the sale of falsified documents and hacking services.

Retail 235

Retail Ransomware Marketing Healthcare 235