Remove 2016 Remove Compliance Remove Cyber Security Remove Management
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Four Steps for Managing Third-Party Cyber Security Risk

FICO

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. Let’s take a look at these four steps.

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Finovate, FinDEVr Alums Among Winners of 2016 Fintech Innovation Awards

Fintech Labs Insights

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. ” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015. Innovation in Risk Management: Imagine Software. Innovation in Lending: Marketinvoice.

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From Vault to Vulnerability: Modern Day Bank Robbers Hit the Web

NCR

One such group stole over $100 million in March 2016 from the Bangladesh central bank account at the Federal Reserve Bank of New York. Attackers successfully used GozNym to steal an estimated $4 million by targeting the customers of banks in April 2016. Enforce your security policy. For more information, visit [link].

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Are you onboard with AI?

NCR

Royal Bank of Scotland will start using it for online communication from December 2016. “At the same time, they can introduce context and human-like understanding to their payments and compliance processes. Luvo will answer simple questions – such as ‘How do I authorize my card to be used overseas?’

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The 2015 GonzoBanker Awards

Gonzobanker

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. New Bank Positions That Will Be Busy in 2016. Bank project management offices. Did we hear a whaaaa?

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Analysts Challenge US House Data On SME Cybersecurity

PYMNTS

The firm released its 2016 Financial Institutions Security Risks report last week, which found that even for non-U.S. financial institutions, the cost of a single security incident could top nearly $1 million. PYMNTS offers a few of them below — plus the statistic in question discussed in the House. 80 percent of U.K.

Data 101
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

With the third annual FinDEVr Silicon Valley 2016 only a few weeks away (and tickets still available ), it’s a great time to look back and see what the FinDEVr alums have been up to this year. Alums presenting at FinDEVr Silicon Valley 2016: Aerospike ( FD15 ). Demoed at FinovateFall 2016. Earned a spot on the Big Data 50.