FICO

JULY 31, 2019

Where does the vendor operate (e.g., Another reason to consider your firm’s risk relative to the ABC National Risk Score is that brokers, carriers, and reinsurers also increasingly leverage standardized cyber breach risk quantification metrics as an additional tool for underwriting and pricing cyber breach insurance.

Cyber Security 70

Cyber Security Management Security Risk Management 70

Accenture

JUNE 14, 2016

In my first post on integrated cyber risk management, we looked at financial firms bringing together leadership and capabilities across fraud, IT, cyber security and operational risk, both to improve enterprise risk management and to build cyber resilience. Read more.

Cyber Security 150

Cyber Security Risk Management Leadership Fraud 150

PYMNTS

JUNE 16, 2017

According to a press release , App Verify for iOS allows mobile app developers to streamline the onboarding account verification process to assist with increasing conversions and providing cyber security and identity assurance from fraud.

Fraud 100

Fraud Cyber Security User Experience Security 100

PYMNTS

OCTOBER 13, 2020

An operating system that has been active for a minimum of three years, Tron , recently issued a DeFi token. DeFi, which is also known as “decentralized finance,” has been included in an increasing wave of business promotions in 2020, Bloomberg reported.

Bitcoin 196

Bitcoin Cyber Security Groups Community 196

Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Develop a security awareness program.

Cyber Security 150

Cyber Security Security Software Meeting 150

PYMNTS

FEBRUARY 24, 2020

“As a leader in payments technology, Mastercard is to grow its workforce with notable investments in its artificial intelligence, cyber security, blockchain, user experience teams, and more. Mastercard first opened Ireland operations in 2008, with only 36 people on staff at the location.

Cyber Security 159

Cyber Security User Experience Technology blockchain 159

CFPB Monitor

AUGUST 12, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Cyber Security Regulations. The Amendments, if adopted, would further regulatory trends and impose important new requirements on covered entities. The Amendments contain three significant changes relating to ransomware.

Regulation 147

Regulation Cyber Security New York Trends 147

ABA Community Banking

DECEMBER 30, 2014

National bank examiners to focus on tech, cyber security controls Risk Management Operational Risk. 1Risk Management'

Operations 53

Operations Maine Cyber Security Risk Management 53

PYMNTS

FEBRUARY 6, 2019

Reuters , citing cybersecurity researchers, reported that the attack was part of a global hacking campaign initiated by the Ministry of State Security in China aimed at stealing intellectual property and corporate secrets. But if I put on my paranoia hat, this could have been catastrophic,” he said in the report. “If

Software 123

Software Company Cyber Security Security 123

Bobsguide

MAY 30, 2016

Almost half of firms operating in the sector (46%) ranked cyber security as the top systemic risk to the economy, with more than 70% of banking CEOs identifying poor cyber security as a threat to growth – making cyber security as much a boardroom issue as it is a technical issue.

Cyber Security 60

Cyber Security Security System Operations 60

PYMNTS

JULY 22, 2020

Thus, MAS will “harmonise and expand its existing powers to impose requirements pertaining to technology risk management, including cyber security risks and data protection, on all regulated financial institutions,” according to the release.

Regulation 140

Regulation Bitcoin Cyber Security cryptocurrency 140

PYMNTS

FEBRUARY 5, 2020

We’ll continue to provide updates as we securely bring our systems back online.”. We have shared samples of the relevant variant with law enforcement, the Australian Cyber Security Centre, and cybersecurity organisations to ensure the wider community is protected,” the updated statement said. On Wednesday (Feb.

Cyber Security 131

Cyber Security System Security Community 131

PYMNTS

JANUARY 9, 2020

We have now contained the virus and are working to restore our systems and resume normal operations as quickly as possible,” the company said in a statement. The National Cyber Security Centre said it was providing technical support. Travelex’s network of branches continue to provide foreign exchange services manually.”.

Cyber Security 131

Cyber Security Groups System Data 131

PYMNTS

JUNE 26, 2018

Kaspersky Lab , the security company, announced Tuesday (June 26) a new “State of Industrial Cybersecurity 2018” survey, which found that 65 percent of organizations globally believe that OT/ICS security risks are more likely with IoT over the next year.

Survey 111

Survey Company Cyber Security Security 111

Payments Source

OCTOBER 17, 2018

Stripe’s expanding global profile has come with a growing security risk operation, which will now be overseen by former Google security expert Niels Provos.

Google 63

Google Security Operations Cyber Security 63

PYMNTS

APRIL 17, 2018

According to Reuters , the attack was launched on computer routers, firewalls and other networking equipment used by government agencies, companies and critical infrastructure operators globally. and British officials warned that infected routers could be used to launch future offensive cyber operations.

US 116

US Cyber Security United States National 116

PYMNTS

JANUARY 29, 2018

For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. A press release published last week by gov.uk highlighted a government survey that found only 38 percent of businesses have even heard of GDPR.

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

NOVEMBER 30, 2020

million has been stolen from businesses as a result of these attacks, the latest data from the Australian Cyber Security Center (ACSC) as reported by SmartCompany revealed. Reports noted one business, hedge fund Levitas Capital, was forced to shutter operations following a whopping $6.4 In total, about $104.5

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. And surveillance isn’t just about identifying bad guys after the fact. and 10:00 a.m.

Fraud 101

Fraud Security Video Retail 101

PYMNTS

APRIL 11, 2018

’s National Cyber Security Centre said that cryptojacking could very well “become a regular source of income for website owners,” CoinDesk reported. In its “ cyber threat to UK business ” report, the agency listed cryptojacking as a “significant” concern. And it may not be going away: The U.K.’s

Bitcoin 102

Bitcoin Cyber Security cryptocurrency Report 102

PYMNTS

MAY 15, 2017

National Security Agency, and Friday’s tally comes to more than 126,000 cases of infection. In China, individual users utilizing their Windows operating systems were impacted. The NHS has experienced a major cyber-attack, we are working with law enforcement and our advice will follow shortly!” Hospitals shut down in Europe.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. The major difficulty for FIs and businesses is that some compliance standards are harsher than others, which can lead to security weaknesses.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

MAY 23, 2017

North Korea is the likely culprit behind the WannaCry cyber attack that managed to infect 300,000 computers worldwide. That comes care of cyber security firm Symantec, which confirms its researchers found multiple links between early versions of WannaCry and the code in previous outings by the North Korea-backed hacking group.

Cyber Security 108

Cyber Security Groups Security Bitcoin 108

PYMNTS

SEPTEMBER 17, 2018

He and an accomplice operated from Nigeria, targeting the U.S., In terms of data illuminating larger trends, the National Cyber Security Alliance found that roughly 50 percent of smaller firms have been victim of a cyberattack. New Zealand and a number of other countries.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

Cisco

MARCH 3, 2021

Financial Services institutions have experienced unforeseen challenges and significant disruption during the Pandemic and beyond, but also unprecedented opportunities to accelerate growth and digitize business operations to enhance employee productivity, customer experience, and innovation. Now they ARE the business.

Strategy 77

Strategy Cyber Security Survey Security 77

PYMNTS

NOVEMBER 23, 2017

s National Cyber Security Centre to determine how large the breach was and how many people in the U.K. Earlier this year, London’s transport authorities declined Uber’s application to renew its operating license, banning the ridesharing company from operating in the U.K.’s The ICO plans to work with the U.K.’s

Regulation 100

Regulation Cyber Security Connecticut Illinois 100

PYMNTS

MAY 15, 2018

Reports on Monday (May 14) said the companies will launch Wiise in July, owned by KPMG and operated through a joint deal between Microsoft and CBA. Microsoft is also integrating its artificial intelligence, voice recognition and cyber security capabilities into the solution.

Cyber Security 104

Cyber Security Marketing Operations Management 104

PYMNTS

AUGUST 30, 2016

“It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. It is envisioned that activity-based regulation of payment service providers would build public confidence and encourage the use of electronic payments.”

Fintech 101

Fintech Cyber Security National Regulation 101

Cisco

APRIL 7, 2019

How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.” All 30 had at least one known security risk identified, and 25% included at least one “high risk security flaw.”. Visited a local retail branch?

Trends 64

Trends Cyber Security Big Data Analytics 64

Payments Source

JUNE 6, 2019

Security, operational challenges and new operational requirements all make for a complex, yet necessary, transition to open banking in the age of PSD2, according to Maria Allen, global head of financial services for Unisys.

Operations 112

Operations Security Cyber Security Payments 112

American Banker

JANUARY 24, 2024

The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of EquiLend, a financial technology firm that processes trillions of dollars of securities-lending transactions every month.

Lending 36

Lending Financial Technology Security Operations 36

PYMNTS

JULY 25, 2016

China announced this summer that it would let non China-based payment card companies operate in the country, but they would have to follow China’s rules. Because of that the Mastercard executive said the company is taking the time to understand what is expected of them in China, including the new rules surrounding cyber security.

Cyber Security 100

Cyber Security Payments Cards Marketing 100

Jack Henry

JULY 2, 2014

As an example, the governor of New York State recently directed his Department of Financial Services to conduct targeted cyber security preparedness assessments for all state-chartered banks and other banks “based” in the state.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

Abrigo

OCTOBER 31, 2014

This secures your data and disguises your location. Use a Known Good Computer, or Live CD, such as the Air Force’s Lightweight Portable Security. This is a Linux operating system that boots from a CD. Every time you reboot it’s the exact same, secure platform. Use a Virtual Private Network. Don West, CPA.CITP.

Online 199

Online South Carolina Google Cyber Security 199

ABA Community Banking

JANUARY 21, 2015

Bribery, corruption, cyber-security drive next-generation tech adoption Management Duties Risk Management Operational Risk. 1Risk Management'

Cyber Security 40

Cyber Security Risk Management Management Security 40

Insights on Business

MARCH 5, 2019

Cyber security is no longer just a problem for the IT department, it is a business risk that affects your entire organization. . 5:30 – 6:00 pm Keynote: Integrating Cybersecurity & Operational Risk to Meeting Regulatory Compliance. IBM Client Center. 590 Madison Avenue. New York City. 5:00 – 8:00 PM.

New York City 70

New York City Cyber Security New York Risk Management 70

Cisco

APRIL 7, 2019

How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.” All 30 had at least one known security risk identified, and 25% included at least one “high risk security flaw.”. Visited a local retail branch?

Trends 48

Trends Cyber Security Big Data Analytics 48