Krebs on Security

SEPTEMBER 27, 2019

Magnify Money explains more: “Say, for example, that you write yourself a check for $500 from checking account A, and deposit that check into checking account B — but the balance in checking account A is only $75. Then, you promptly withdraw the $500 from checking account B. 1, 2019 to Aug.

Financial Services 269

Financial Services Insurance Cloud IT 269

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. financial data must comply with consumer-protection laws such as the Electronics Fund Transfer Act (EFTA) and a litany of regulations enforced by the SEC (such as Sarbanes-Oxley), CFTC, FISMA, and other financial regulatory bodies. PIPL Raises the Bar – And the Stakes.

Data Privacy 144

Data Privacy Compliance Privacy Security 144

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? This is part one of a series of three blog posts.

Government 102

Government Personal data Marketing Artificial Intelligence 102

The Last Watchdog

SEPTEMBER 24, 2024

Governments can create a digital identity at birth to replace SSN in its current use. As an example, you have two tokens – one for NPD and another for your bank, and after such a breach, the NPD token would be revoked so NPD cannot use your data, but everything will work fine at the bank. That identity is tied to specific vendors.

Authentication 216

Authentication IT ROT Compliance 216

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. Operating model example.

Government 59

Government Communications Insurance Customer Experience 59

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

erwin

FEBRUARY 7, 2019

As such, traditional – and mostly manual – processes associated with data management and data governance have broken down. The banking, financial services and insurance industry typically deals with higher data velocity and tighter regulations than most. The volume and variety of data has snowballed, and so has its velocity.

Metadata 96

Metadata Healthcare Insurance Financial Services 96

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR Compliance e-Discovery Metadata 100

Collibra

MAY 16, 2022

Consider the examples from our peer industries: Operational Risk. For financial services, data governance found its roots in risk. As CROs prioritized Operational Risk post the 2007 financial crisis, those leaders also looked to centralized thought like the Basel Accords. Audit & Professional Services.

Government 105

Government Risk Financial Services Access 105

DLA Piper Privacy Matters

APRIL 20, 2021

This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. similar to the PIS Specification, but focused on the banking and financial services industry). Level 1: public data. are fulfilled.

Compliance 111

Compliance Security Financial Services Data collection 111

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

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 IT 52

Reltio

SEPTEMBER 24, 2019

Nicola Askham is the leading data governance training provider in the UK with over 16 years of experience and research in the field. She delivers training and consulting to major organisations to help them implement full data governance frameworks. ” However, I got into data governance totally by accident.

Government 55

Government Digital transformation Big data IT 55

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 Government Metadata Financial Services 82

Hunton Privacy

JULY 5, 2023

On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. As described below, senior governing bodies would have new oversight responsibilities under the amendments.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

IBM Big Data Hub

AUGUST 17, 2023

Some time ago, banks and governments started shifting their attention towards using digital assets in their operations and economies. Banks and governments are actively seeking CBDC because it is a more secure alternative to crypto. Unlike cryptocurrencies like Bitcoin or Ethereum, CBDC is backed by the government and is legal tender.

Blockchain 70

Blockchain Financial Services Risk Authentication 70

eSecurity Planet

SEPTEMBER 16, 2022

For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. Government organizations are arguably the most at risk of fraud attempts.

Analytics 114

Analytics Risk Authentication Financial Services 114

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

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

erwin

JUNE 21, 2019

Needless to say, the behind-the-scenes complexities are many and can include discovering that the merging enterprises use the same solution but under different names in different parts of the organizations, for example. FREE EBOOK] Application Portfolio Management For Mergers & Acquisitions . Ensuring Compliance.

Healthcare 108

Healthcare Compliance Financial Services GDPR 108

IBM Big Data Hub

FEBRUARY 22, 2024

IBM’s Enterprise Cloud for Regulated Industries Building on our expertise working with enterprise clients in industries such as financial services, government, healthcare and telco, we saw the need for a cloud platform designed with the unique needs of these heavily regulated industries in mind.

Cloud 73

Cloud Computer and Electronics Compliance Financial Services 73

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

Data Protection Report

JULY 5, 2021

Lack of legal clarity on who can do what with data (for example, co-generated data). Mitigate risks resulting from government access to non-personal data of EU companies, held by foreign cloud computing service providers. Lack of trust between businesses that contractual terms will be honoured. Imbalances in negotiating power.

B2B 144

B2B Personal data Cloud Access 144

Collibra

FEBRUARY 11, 2020

Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. For example, FinTech and RegTech companies are very interested in working with companies that have a strong framework for managing data, including personal data. .

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

Krebs on Security

JULY 21, 2022

For example, a divorced, professional female who responds to these scams will be handled with one profile type and script, while other scripts are available to groom a widower, a young professional, or a single mom. ” 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

eSecurity Planet

JANUARY 24, 2024

For example, if an IP address from outside the network attempts to connect to an internal database, an inbound rule that’s configured to block such IP addresses will prevent it. For example, a business employee on the company network might try to access a website that had previously caused a malware infection on a company computer.

Access 107

Access Financial Services Security Compliance 107

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. Enterprise & operational risk management. Audit management.

Compliance 58

Compliance Risk Government Retail 58

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

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

IT Governance

OCTOBER 13, 2023

EvilProxy phishing campaign targets Microsoft 365 accounts via indeed.com A phishing campaign identified by Menlo Security has been targeting senior executives in various industries – most notably banking and financial services, property management and real estate, and manufacturing – since July.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

Reltio

MARCH 20, 2023

For example, AI can classify and label data, identify patterns and trends, and monitor data quality. This allows data stewards to focus on more strategic tasks like designing and implementing data governance policies. MDM solutions, for example, should be available and function on multiple clouds.

MDM 97

MDM Cloud Analytics e-Discovery 97

erwin

MAY 2, 2019

If, for example, a business sets a goal to increase its website sales by 20 percent in one year’s time, meeting that goal will require that different IT and business functions work together. One team member might specialize in security, for example, and another in applications.

Digital transformation 95

Digital transformation Healthcare Compliance Cloud 95

Data Matters

AUGUST 17, 2021

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

Authentication 88

Authentication Access Risk Information Security 88

Reltio

DECEMBER 10, 2021

Reltio scored well in matching, context, governance, business templates, deployment, security, and scalability. Reference customers liked its capabilities around user-friendly search, ease to manage, and reliability, as well as its well-managed software-as-a-service (SaaS) platform.”. Continuous Data Quality and Governance.

MDM 98

MDM Analytics Digital transformation Cloud 98

IBM Big Data Hub

SEPTEMBER 18, 2023

Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets. Clients leveraging IBM Cloud for Financial Services through IBM’s Connected Trade Platform can take advantage of technical expertise to enable cloud deployment as they address their compliance requirements.

Financial Services 82

Financial Services Cloud Compliance Artificial Intelligence 82

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 63

Cloud Financial Services Compliance Digital transformation 63

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. 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. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022.

Risk 135

Risk Cybersecurity Encryption Access 135