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 67

Financial Services Cybersecurity Insurance Risk 67

IBM Big Data Hub

OCTOBER 4, 2022

Customers, employees and shareholders expect organizations to use AI responsibly, and government entities are demanding it. Failure to meet regulations can lead to government intervention in the form of regulatory audits or fines, damage to the organization’s reputation with shareholders and customers, and revenue loss.

Government 97

Government Artificial Intelligence Metadata Data science 97

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

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

OpenText Information Management

NOVEMBER 19, 2024

Unstructured data (emails, documents, contracts, and more) often hold sensitive information, but identifying and preventing the sharing of this data can be a challenge. Consider a financial services provider handling a high volume of sensitive client information.

Unstructured data 59

Unstructured data Financial Services Compliance Risk 59

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

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

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

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

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. First American Financial Corp.

Insurance 305

Insurance Risk Financial Services Mining 305

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 IT 98

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

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 208

Retail Ransomware Marketing Healthcare 208

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

Collibra

APRIL 11, 2022

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. What are data governance best practices?

Government 52

Government Communications Insurance Customer Experience 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

Data Protection Report

MAY 24, 2024

Accountability and governance. The document outlines the ways in which the FCA’s approach to regulation and supervision addresses the Principles. The BoE and PRA are planning to run the third instalment of their ‘ML in UK financial services’ survey, to ensure their understanding of AI/ML adoption remains up to date.

Government 45

Government Risk Marketing Paper 45

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

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 57

Compliance Risk Government Retail 57

InfoGovNuggets

MARCH 17, 2019

“New York Requests Documents from Facebook, Apps on Data Sharing,” The Wall Street Journal , March 1, 2019. This investigation is brought to you courtesy of the New York Financial Services Department, which claims jurisdiction over all financial services that affect New York consumers.

Government 28

Government Financial Services Privacy Compliance 28

Info Source

OCTOBER 7, 2020

This strategic alignment will help customers increase productivity, efficiency and accuracy by unlocking enterprise data in documents with digital transformation initiatives. Offering businesses the ability to easily unlock their data with an intelligent document processing solution will help further our goals.”. About Ephesoft.

Digital transformation 40

Digital transformation Manufacturing Customer Experience Financial Services 40

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

Everteam

APRIL 2, 2019

To support organizations in their efforts to manage their information properly, Spigraph is making two Everteam governance products available: everteam.discover and everteam.policy: everteam.discover is a file and content analytics solution that connects to both structured and unstructured data repositories across the organization.

Information governance 40

Information governance Marketing Government Digital transformation 40

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 152

Paper Digital transformation Financial Services Records Management 152

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

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. cybersecurity, financial stability, interconnectedness, data concerns or market integrity).

Financial Services 45

Financial Services IT Marketing Retail 45

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 222

Financial Services IT Data breaches Passwords 222

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

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 190

Ransomware IT Phishing Financial Services 190

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 168

Records Management Financial Services Big data Analytics 168

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

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money.

IT 98

IT Financial Services Access Risk 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

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

eSecurity Planet

NOVEMBER 17, 2022

The sheer difficulty is one reason that vulnerability management as a service (VMaaS) and similar services have been gaining traction among security buyers. Google’s cloud security is well regarded (and the company has shared some documentation of its security architecture and practices too). Prepare Now.

Cloud 135

Cloud Ransomware Encryption Cybersecurity 135

IBM Big Data Hub

FEBRUARY 8, 2023

Protect and scale against government regulations AI regulations are growing and changing at a rapid pace and noncompliance can lead to costly audits, fines and negative press. AI requires AI governance , not after the fact but baked into AI strategy of your organization. So what is AI governance?

Artificial Intelligence 52

Artificial Intelligence Compliance Government Analytics 52

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