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Four Steps for Managing Third-Party Cyber Security Risk

FICO

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. Would there be compliance exposure in the event of a breach at the supplier? Obtain evidence of ongoing compliance with standards (e.g.,

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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, if adopted, would further regulatory trends and impose important new requirements on covered entities. The Amendments contain three significant changes relating to ransomware.

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GRC best practices in a world under constant cyber threat

Insights on Business

Cyber security is no longer just a problem for the IT department, it is a business risk that affects your entire organization. . This event is no charge to attend, but registration in advance is required. Event specifics are below: GRC: Best Practices in a World Under Constant Cyber Threat. IBM Client Center.

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Developing an Information Security Wellness Program for your Financial Institution

Jack Henry

The same principles apply to information security awareness for a financial institution’s (FI’s) stakeholders (employees, board members, and customers). That is, given the same preventative measures, an FI may reduce the number and extent of information security breaches due to fraud. Annual Physicals.

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FICO® Cyber Risk Score Continues Strong Customer Momentum

FICO

The FICO® Cyber Risk Score gives cyber insurance underwriters the ability to measure cyber security breach risk for individual insureds, as well as aggregated risk across portfolios or business segments.

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Behavioral Analytics Attack Fraud, Cyber and Financial Crime

FICO

IDC predicts that in 2017, behavioral analytics across compliance, fraud, and cyber detection and prevention will be in place at 15% of banks, helping them to avoid losses, regulatory fines and sanctions. Power at scale: Enhancing fraud, compliance and cyber security defenses . Benefits beyond cost savings.

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Frictionless Payments Take Center Stage at Money 20/20

Gonzobanker

This year’s Money 20/20 event in Las Vegas drew a massive attendance with 11,000 individuals, 4,500 companies, tons of new technology, and a mind-blowing expanse of collective brain power. The event’s level of growth and sophistication since its inaugural event in 2012 is truly impressive.