Data Breach Today

AUGUST 26, 2021

Survey: Cybersecurity, Regulatory Concerns May Slow Digital Asset Adoption Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey (..)

Financial Services 208

Financial Services Cybersecurity Security Privacy 208

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

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

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

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 78

Insurance Financial Services Cybersecurity Risk 78

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

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 62

Financial Services Encryption Digital transformation Compliance 62

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

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

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

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

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

APRIL 5, 2021

A vast majority of companies in a global survey from Microsoft report being a victim of a firmware-focused cyberattack, but defense spending lags, but defense spending lags. 82% of respondents to Microsoft’s survey admitted that they don’t have the resources to allocate to prevent firmware attacks. and the U.S. UK, and Japan.

Cybersecurity 145

Cybersecurity Encryption Financial Services Risk 145

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

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

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

Thales Cloud Protection & Licensing

JULY 1, 2024

Otherwise, customers are more than willing to move on with a financial partner that can provide the services they seek. According to a Thales poll, 38% of those surveyed would leave their bank if another provider offered better services or better rates. It's a call to action.

Security 62

Security Financial Services Digital transformation Access 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 96

Digital preservation Insurance Financial Services Digital transformation 96

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

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 151

Paper Digital transformation Financial Services Records Management 151

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. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

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

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 113

Analytics Risk Authentication Financial Services 113

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 165

Cybersecurity Marketing Security Privacy 165

Thales Cloud Protection & Licensing

OCTOBER 27, 2021

Finally, the survey showed that the use of SaaS applications is widespread across all geographies, verticals and company sizes, with a global average of about 60 applications. The survey indicated that there is a gap in perception in various areas related to cloud security. Gap between practitioners and executives.

Cloud 71

Cloud Encryption Financial Services Authentication 71

Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment.

Marketing 105

Marketing Government Financial Services Artificial Intelligence 105

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

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 59

Education Ransomware Phishing Financial Services 59

Information Management Resources

NOVEMBER 17, 2017

86 percent of respondents to a Excelian Luxoft Financial Services survey said they’ve recently championed a major digital project that failed because it didn’t get past the board.

Financial Services 34

Financial Services Risk IT 34

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

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

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 Sales Communications Financial Services 143

DLA Piper Privacy Matters

FEBRUARY 1, 2018

This whitepaper examines the responses of the over 200 organisations who completed our Data Privacy Scorebox survey during the calendar year 2017.

Data Privacy 49

Data Privacy Privacy Financial Services Data breaches 49

Thales Cloud Protection & Licensing

SEPTEMBER 4, 2024

PSD2 has had a profound impact on the financial ecosystem, reshaping the infrastructure for banks, fintechs, and businesses that rely on payment data to serve consumers better. Historically, the transition to PSD2 compliance has been challenging for many financial institutions. Let's explore the details further.

Compliance 62

Compliance Authentication Financial Services Risk 62