OpenText Information Management

FEBRUARY 13, 2018

The recent Gartner’s 2018 CIO Agenda Survey found that digital transformation is more important for banking than any other industry sector. The CIOs talked about enabling technologies such as AI, APIs and analytics.

Digital transformation 68

Digital transformation Financial Services Analytics 68

Security Affairs

SEPTEMBER 25, 2018

In another attack, a large financial services institution received over 350,000 login attempts in just one afternoon. During the week, the union observed 315,000 malicious login attempts from nearly 20,000 different IP addresses, while the number of HTTP User Agent connections was 4,382 from fewer than 2,000 autonomous system numbers.

Passwords 271

Passwords Data breaches Financial Services Retail 271

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. Insurance and financial services are built on trust, so these changes will help organizations differentiate from competition.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Cloud Computer and Electronics 62

Information Matters

SEPTEMBER 22, 2024

A recent survey conducted by Forrester Consulting on behalf of Experian reveals that business leaders in the financial services and telecommunications sectors are increasingly leveraging Generative AI (GenAI) and data-driven Read more The post GenAI and Data Analytics Drive Competitive Edge in Financial Services and Telecom appeared first on Information (..)

Financial Services 52

Financial Services Analytics 52

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

AIIM

FEBRUARY 22, 2018

Nowhere is this truer than in the financial services sector. In a recent AIIM survey, 85% of finance and insurance executives said that digital preservation was “important” or “very important” to their organizations – even higher than the 77% reported in other industries.

Digital preservation 129

Digital preservation Insurance Financial Services Digital transformation 129

AIIM

MAY 6, 2020

Perhaps the more important benefits of the Digital Mailroom are the not-so-obvious ones that are consistently found in AIIM surveys on this topic. Another strong factor that is particularly relevant to the digital mailroom application is improved customer service due to the immediate accessibility of incoming correspondence.

Paper 207

Paper Digital transformation Financial Services Records Management 207

Thales Cloud Protection & Licensing

NOVEMBER 18, 2024

According to the 2024 AFP Payments Fraud and Control Survey Report , 80% of organizations were victims of payment fraud attacks or attempts, a 15-percentage point increase from the previous year. As stated in the Nasdaq 2024 financial crime report, projected losses from fraud schemes reached $485.6 billion globally in 2023.

Financial Services 71

Financial Services Encryption Digital transformation Compliance 71

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Based on NYDFS’s survey, 36% of insurers already require their cyber insurance insureds to notify law enforcement of a cyberincident. The post New York Department of Financial Services Issues First Guidance by a U.S.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

The Last Watchdog

SEPTEMBER 21, 2022

To gain these insights, A10 Networks surveyed 2,425 senior application and network professionals from across ten regions around the globe. Organizations, such as financial services or government, deal with sensitive information and prefer a private cloud model with greater control over the security of applications, users, and data.

Cybersecurity 214

Cybersecurity Digital transformation Cloud Financial Services 214

Security Affairs

DECEMBER 4, 2018

More than 83 percent of organizations responding to a recent survey reported making new or improved organizational security enhancements. Financial Services. And, since financial institutions have extraordinary amounts of money on hand, it’s not surprising they’re prime targets for cybercriminals.

Retail 278

Retail Cybersecurity Data breaches Risk 278

The Last Watchdog

AUGUST 30, 2021

This is exemplified in a recent survey I ran, which found that over 80% of practitioner respondents stated they use their SIEM primarily for detection and response use cases. However, there are cases where enterprises, like large players in the financial services vertical, simply need to collect ridiculously vast amounts of data.

Analytics 230

Analytics Security Marketing Compliance 230

The Last Watchdog

SEPTEMBER 21, 2018

According to Ford, “65% of companies we surveyed said they didn’t want to do anything that would impact business velocity.” The consumption of public cloud services is growing at a great rate, as is the adoption of newer layers of abstraction like wider use of APIs, microservices, containers and container orchestration, Ford observes.

Cloud 203

Cloud Security Mining Financial Services 203

Gimmal

FEBRUARY 9, 2021

In an AIIM survey, 66% of people reported that paper use in their organization wasn't declining - in fact, 42% said that paper use was increasing. Many legal and financial services still require paper records in certain situations—real ink signatures on contracts over digital signatures. However, this is not the case.

Records Management 98

Records Management Paper Financial Services Risk 98

DXC Technology

NOVEMBER 8, 2019

For example, most EMEA and North American financial services businesses are moving to multi-clouds within the next two years. Gartner reports 81 percent of surveyed public cloud users are already working with multi-clouds. Many companies are moving to multi-cloud deployments. I disagree.

Cloud 86

Cloud Financial Services IT 86

The Last Watchdog

NOVEMBER 9, 2020

A candy store for hackers A recent Forrester workforce survey showed that by mid 2020, 58 percent of corporations worldwide had at least half of their employees working from home, where an average of 11 devices lurk — connected to the internet. The attackers successfully got a foothold on the exec’s MacBook.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

Collibra

SEPTEMBER 5, 2019

This summer Dresner Advisory Services ranked Collibra as the number one vendor in their 2019 Data Catalog Study. Dresner surveyed nearly 800 business intelligence (BI) professionals to examine customer preferences, customer investment and vendor performance in the data catalog space.

Marketing 49

Marketing Analytics Government Financial Services 49

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. John Woods is a globally acknowledged leader in handling cybersecurity matters, data governance, trade secret theft, and related investigation and disputes matters.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

Security Affairs

FEBRUARY 27, 2023

A FINRA survey points to health, marital and trust problems resulting from financial scams. The total damage from investment fraud including ponzi and pyramid schemes exceeds $5.8 billion in the U.S and over $77 worldwide (2022), with significant rapid growth at the start of Q1 2023.

Marketing 246

Marketing Financial Services Government Sales 246

Info Source

JUNE 6, 2018

The 2018 Financial Services Industry Survey Report confirms numerous compliance functions, from initial inquires through customer off-boarding, as key challenges for financial institutions, with 91% citing the “time/cost required from concept to reality” and 86% pointing to “budget constraints” as primary impediments.

Financial Services 40

Financial Services Digital transformation Customer Experience Compliance 40

The Last Watchdog

AUGUST 15, 2018

It’s true that most financial services and big-name shopping websites have long ago moved to HTTPS. W3Techs’ June 2018 survey shows that 35 percent of the top 10 million websites have adopted it.

Security 203

Security Encryption Authentication Financial Services 203

eDiscovery Daily

MARCH 24, 2019

In an article in Legaltech® News ( Almost Half of Companies Haven’t Started CCPA Compliance: Survey , written by Frank Ready), a recent survey of 250 executives and managers at U.S. According to the survey, a large majority of respondents, 71 percent , expect to spend at least $100,000 on compliance efforts.

Data Privacy 50

Data Privacy Privacy e-Discovery Compliance 50

erwin

OCTOBER 1, 2020

According to a Global Workplace Analytics survey of employees working remotely during the pandemic, 73% note that they are very successful when working from home, and 86% say they feel “fully productive” working from their home office. The pandemic has changed the world and with it – our perspective. Compliance and Remote Work.

Compliance 143

Compliance Communications Sales Financial Services 143

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.

Financial Services 17

Financial Services Encryption Cloud Digital transformation 17

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 Data breaches 147

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.

Digital transformation 193

Digital transformation Marketing Analytics Risk 193

IBM Big Data Hub

NOVEMBER 14, 2023

To compound these issues, repeated surveys highlight “testing” as the primary area causing delays in project timelines. The platform can be automated through a standardized framework validated for Financial Services, leveraging the IBM Cloud Security and Compliance Center service (SCC).

Financial Services 93

Financial Services Cloud Compliance Digital transformation 93

Threatpost

AUGUST 7, 2018

Half of breached firms say they were compromised due to a vulnerability for which a patch was available but not applied.

Financial Services 42

Financial Services 42

Collibra

NOVEMBER 6, 2024

Understanding and implementing BCBS 239 is crucial for financial services leaders to maintain regulatory compliance, mitigate risks and promote data-driven decision-making. Failure to comply can result in significant financial penalties, reputational damage and increased scrutiny from regulatory bodies.

Compliance 40

Compliance Risk Metadata Financial Services 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 116

Analytics Risk Authentication Financial Services 116

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

IT Governance

FEBRUARY 28, 2018

A recent Sophos survey of 2,700 IT managers in organisations with 100-5,000 employees around the world, revealed that many businesses are not prepared for ransomware attacks. 54% of those surveyed had experienced an attack within the past year. Healthcare was the most affected industry (76%) and financial services the least (45%).

Education 67

Education Ransomware Phishing Financial Services 67

Micro Focus

JANUARY 28, 2021

A recent data privacy survey by McKinsey & Company asked 1,000 consumers to rank the most trusted industries in protecting privacy and data. Healthcare and financial services had the highest ranking, both at 44%, with government, media, and entertainment bringing up the rear around the. View Article.

Data Privacy 53

Data Privacy Privacy Financial Services Government 53

The Last Watchdog

JULY 21, 2020

But there’s no doubt that the exodus to a much greater dependency on hybrid cloud and multi-cloud resources – Infrastructure-as-a-Service ( IaaS ) and Platforms-as-a-Service ( PaaS ) – is in full swing. Murray: Almost half of survey respondents didn’t fully understand their responsibilities for securing cloud environments.

Cloud 157

Cloud Ransomware Data breaches GDPR 157

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financial services to be one of the sectors that better weathered the Covid 19 pandemic. How Thales can help. The increased risk of non-compliance with government regulations and industry mandates.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

The Last Watchdog

NOVEMBER 7, 2023

According to recent research by KPMG , 73% of the surveyed organisations had experienced at least one significant disruption, caused by a third party, within the last three years, while 85% said that their business considers third party risk management (TPRM) a strategic priority.

Risk 100

Risk Security Financial Services Information Security 100