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The cyber security threat landscape in financial services

Insights on Business

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

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Today’s Cyber Risk Management

Cisco

While operational risk is not a contributing factor in a pandemic, the COVID-19 pandemic’s impact on financial services’ digitization does correlate with a material rise in cyber risk. It also put an even greater emphasis on cyber risk management within institutions and financial regulatory agencies. Regulatory Agencies Step Up.

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Relieving The Regulatory Burden: Cyber Security and Asset Management

Bobsguide

The regulatory burden placed upon the asset management community increases year on year. If this wasn’t enough, growing cyber security breaches - for companies globally – have become a major concern; one that cannot be neglected. Luckily, we’ve recently caught up with Geoff Hecht,

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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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Hackers Employed By China Infiltrate Norwegian Software Company Visma

PYMNTS

Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. Governments in the West and cybersecurity firms have been warning about Cloudhopper since 2017 but have not until now disclosed the names of the companies that were impacted by it.

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Bitcoin Daily: Australia’s RMIT To Offer Grad Certificates In Blockchain Business, Cybersecurity

PYMNTS

The Graduate Certificate in Blockchain-Enabled Business and the Graduate Certificate in Cyber Security will provide students with the skills that they need in emerging areas of expertise, per the report. The findings also noted that 84 percent of tech-aware leaders foresaw applying blockchain technology to their companies.

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Kaspersky Lab’s New Survey Found 65 Percent Of Companies Are Worried About IoT

PYMNTS

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.

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