Remove 2022 Remove Cyber Security Remove Operations Remove Security
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Today’s Cyber Risk Management

Cisco

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. The subsequent regulatory activity in response to these events focused on operational risks. Cyber risk is the largest and fastest growing operational risk within financial services.

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NYDFS Announces Draft Amendments to Cybersecurity Regulation

CFPB Monitor

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Cyber Security Regulations. The Amendments have a short comment period ending on August 8, 2022, followed by the publishing of the official proposed amendments, after which a 60-day comment period will occur.

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Four Steps for Managing Third-Party Cyber Security Risk

FICO

Where does the vendor operate (e.g., The Cyber Insurance Market Report, published by Allied Market Research, forecasts that the global market for cyber risk coverage is expected to garner $14 billion by 2022, registering a CAGR of nearly 28% during the period 2016-2022. what services are being supplied)?

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How Does ChatGPT Describe the Economy and Banking?

Jeff For Banks

My take : I could envision a bank analyst saying the same thing on CNBC at the beginning of 2022. Vendor management due diligence, such as "Where can I find third-party reviews on the nCino loan operating system?"; Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack.";

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4 AI Predictions for 2023: From the Great Correction to Practical AI

FICO

Tue, 07/19/2022 - 16:11. Thu, 12/01/2022 - 11:05. There’s no way to sugarcoat it: 2022 was a rough year for businesses. Proper model package definition will improve the operational benefits of AI. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence. JessicaButalla@fico.com.

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FICO’s New AML Scores Use AI and Machine Learning to Detect More Money Laundering

FICO

Fri, 06/03/2022 - 12:24. Thu, 06/09/2022 - 15:00. With AML operations in many banks deluged with false positives, it’s no surprise that sophisticated money launders continue to evade detection. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence. asokolowski@speednet.pl.

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Americas FinServ Digital Commentary – Fall 2022: Three Ways to Accelerate Digital Transformation

Cisco

2022 has been a bloodbath on Wall Street. Cisco Meraki actively assists financial institutions with the transition to multi-cloud environment, protection against cyber security attacks, operational efficiencies, and talent retention. Bear traps are everywhere. We all feel it…and it hurts. Threat of a recession.

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