Privacy and Cybersecurity Law

MARCH 23, 2018

On March 14, 2018, IBM Security announced the results of a new global study on organizational cybersecurity readiness and resiliency entitled “The 2018 Cyber Resilient Organization.” 23% of respondents say they do not currently have a CISO or security leader. Is this confidence misplaced?

Cybersecurity 40

Cybersecurity Data breaches Artificial Intelligence IoT 40

eSecurity Planet

SEPTEMBER 16, 2022

PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies.

Analytics 113

Analytics Risk Authentication Financial Services 113

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

Info Source

MAY 13, 2020

Global survey results released today found that process knowledge is the primary success factor for robotic process automation (RPA) projects, yet only 31% of US organizations are currently using process mining tools to understand their processes. 70% of US Decision Makers Find Process Insight Essential for RPA Success.

Mining 52

Mining Customer Experience Financial Services Insurance 52

Rocket Software

AUGUST 17, 2020

Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. In a recent survey by Microsoft, they discovered that implementing MFA alone can reduce the likelihood of an account being compromised by a whopping 99.9 Benefits for Financial Services.

Authentication 52

Authentication Financial Services Passwords Insurance 52

The Last Watchdog

MARCH 1, 2019

Some 27 percent of IT professionals who partook in a survey conducted by next-gen firewall supplier Imperva at RSA 2018 reported receiving more than 1 million security alerts daily. In many cases the tedious, first-level correlating of SIEM logs to sift out threats has moved beyond human capability. Sutton: Syncurity has several innovations.

Digital transformation 193

Digital transformation Marketing Analytics Risk 193

Hunton Privacy

NOVEMBER 10, 2016

On November 9, 2016, the Centre for Information Policy Leadership (“CIPL”) at Hunton & Williams LLP and AvePoint released the results of a joint global survey launched in May 2016 concerning organizational preparedness for implementing the EU General Data Protection Regulation (“GDPR”).

GDPR 45

GDPR Data Privacy Compliance Privacy 45

AIIM

APRIL 14, 2022

According to the IDG 2021 Cloud Computing Survey , the majority (55%) of organizations are now using more than one public cloud. Although cloud services can drive cost savings, their main value lies in supporting a fast-moving digital business transformation. One specific example is the case of a large insurance company.

Cloud 104

Cloud Metadata Financial Services Insurance 104

CGI

JANUARY 12, 2017

As first mentioned in part 1 of this three-part blog series, the rise in financial technology (FinTech) firms is having a disruptive impact on today’s banks, threatening their customer base and revenue through the launch of new digital services. IoT-based auto insurance pricing. Personal finance management (PFM). P2P lending.

Financial Services 40

Financial Services IoT Risk Insurance 40

CGI

JANUARY 12, 2017

This is the final blog in my three-part series on the disruptive impact of financial technology (FinTech) firms on today’s banks. The blog series is based on the findings of CGI’s 2016 survey of 1,670 consumers across 8 countries, which assessed consumer perspectives on 12 leading digital FinTech services.*

Financial Services 40

Financial Services Education Marketing Risk 40

eSecurity Planet

OCTOBER 5, 2021

A 2021 survey found that approximately 49 percent of businesses adopted MFA in reaction to the COVID-19 pandemic. Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research. Rise of multi-factor authentication.

Authentication 104

Authentication Passwords Access Computer and Electronics 104

eSecurity Planet

JUNE 16, 2022

Staying ahead of attackers is a constant battle and the cost is “unsustainable,” 81% of WEF survey respondents say. Capital markets, insurance, financial services, and banking are now online. Organizations can lose up to 280 days as they identify and respond to an incident, and some even go out of business.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

ChiefTech

JANUARY 30, 2013

But despite these problems, many shoppers do like self-service. At Coles, 40% of their transactions are through self-service checkouts and in the UK, 63% of a survey of 5,000 shoppers said they like using self-service. Image credit: Self checkout fail by ~IloveAleu CC-BY-NC-ND.

Retail 74

Retail IT Financial Services Insurance 74

Reltio

JANUARY 23, 2020

If your job involves selling or marketing to, servicing, retaining, analyzing or acquiring customers, it is a must read. PwC surveyed a sample of 15,000 people from 12 countries. PwC conducted eye-popping research into the future of customer experience. The report’s title sums up their findings, “ Experience is Everything.

Customer Experience 71

Customer Experience MDM Healthcare Marketing 71

Adam Levin

NOVEMBER 17, 2020

Common schemes include pop-ups advertising free goods or services in exchange for filling out a survey or warnings that your device has been infected. Malvertising occurs when criminals hide malicious code in ads on legitimate websites. Turn on an ad blocker. Identity-related crime doesn’t have to ruin your holidays or your life.

Retail 97

Retail e-Delivery Passwords Phishing 97

IBM Big Data Hub

APRIL 18, 2024

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. 46% of survey respondents in 2024 showed a preference for open source models.

Artificial Intelligence 89

Artificial Intelligence Marketing e-Delivery 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. Case & survey management. Insurance & claims management. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. LogicManager. Back to top.

Compliance 67

Compliance Risk Government Retail 67

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. Case & survey management. Insurance & claims management. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. LogicManager. Back to top.

Compliance 57

Compliance Risk Government Retail 57

Data Matters

NOVEMBER 2, 2021

In fact, in Q3 of 2021, ISDA initiated a survey among its members about digital assets trading over the prior 12 months as a step toward developing a whitepaper for this emerging asset class. Digital Asset Prime Brokerage Offerings. Obtaining Exposure to DeFi and Assets Beyond Bitcoin.

Blockchain 87

Blockchain Marketing Access Risk 87

Reltio

APRIL 25, 2019

In one recent survey by Gartner, 87% of senior business leaders affirm digitization as a top priority and in many cases a do-or-die imperative. The urgency is natural as a Harvard Business School study shows digital leaders posting a three-year average gross margin of 55%, in a sharp contrast to just 37% for digital laggards.

Customer Experience 75

Customer Experience Digital transformation B2B B2C 75

CILIP

JULY 19, 2019

So you need to make sure the manuals, all the work around it, right down to the geological surveys are preserved and can be accessed at any point as well. Look at mortgage documents or life insurance policies, anything around financial communications, this needs to be stored. Archiving new technology. Its a really exciting time.

Archiving 40

Archiving Records Management GDPR Digital transformation 40

Cyber Info Veritas

JULY 19, 2018

This is according to a recent survey conducted by Soha Systems, and according to one of the speeches delivered by the Superintendent of the New York State Department of Financial Services, Mr. Benjamin Lawsky, “ A company’s cybersecurity is only as strong as the cybersecurity of its third-party vendors ”.

Risk 40

Risk Cybersecurity Compliance Data breaches 40

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

Phishing 83

Phishing File names Security awareness Risk 83

CGI

DECEMBER 22, 2016

In 2016, we surveyed 1,670 consumers across the U.S., Canada, the UK, France, Germany, Sweden, Singapore and Australia to get their perspectives on 12 digital FinTech services such as peer-to-peer (P2P) lending, mobile payments and robo-advice. Our survey examined the following: Value placed on these services by consumers.

Financial Services 45

Financial Services Retail IoT Insurance 45

Data Matters

APRIL 23, 2018

Board-management discussions about cyber risk should include identification of which risks to avoid, which to accept, and which to mitigate or transfer through insurance, as well as specific plans associated with each approach. Principle 5. Finally, corporate executives themselves are beginning to recognize cyber risk as a strategic priority.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60