PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted. One is in assessing counterparty strength.

Big Data 119

Big Data Data Risk Management Compliance 119

Jack Henry

JULY 2, 2014

The stakes of this game are rising, however, because of increased sophistication of cyber-attacks, regulatory scrutiny around how banks are managing IT environments, and the growing number of governing entities with their fingers in the compliance pie.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

FICO

DECEMBER 2, 2019

This version of the FICO Cyber Risk Score exceeds the published performance results of competitors by a factor of more than 5X, further solidifying FICO’s position as the most accurate security rating on the market. A new report from Chartis Research named FICO as a category leader in cyber risk quantification. by FICO.

Cyber Security 52

Cyber Security Risk Management Security Software 52

FICO

DECEMBER 16, 2019

However, new job roles that are being created sit within digital areas such as IoT, online digital security and cyber security, suggesting that some preparation is happening for identifying and addressing new risks. 52% are not using any third-party data to enrich the detail that their systems use to drive decisions.

Survey 52

Survey Fraud Cyber Security Compliance 52

FICO

SEPTEMBER 18, 2020

For the second year running, FICO has been named as category leader in the recently published Chartis ‘Cyber Risk Quantification Solutions 2020: Market Update and Vendor Landscape’ report. As the report shows, the market for Cyber Risk Quantification Solutions (CRQ) continues to show rapid growth.

Cyber Security 52

Cyber Security Risk Management Analytics Data 52

FICO

JANUARY 18, 2023

Having worked closely with business leaders in banking and financial services for decades, I have a deep respect for their rigor in achieving regulatory compliance in a multitude of areas. In pondering the regulatory and compliance horizon for 2023, the American Banking Association noted: . The Need to Come Together, Right Now. .

Analytics 52

Analytics San Diego Regulation Compliance 52

FICO

APRIL 17, 2020

A number of new insurance carriers including; Volante Global, Tarian Underwriting Limited, and RLI Insurance Company, have joined a growing number of global insurance carriers currently leveraging the industry leading FICO® Cyber Risk Score for underwriting, portfolio management, risk aggregation, modeling and pricing.

Cyber Security 52

Cyber Security Industry Management Security 52

Cisco

OCTOBER 4, 2022

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. In Summary. This blog even as summary is quite long.

Operations 118

Operations Software Risk Management Management 118

Jack Henry

APRIL 30, 2014

Ensure adherence to appropriate patch management policy and procedures. It ends with encouragement to utilize cyber-security resources like the ones I mentioned earlier. These should serve as reminders for reviewing/updating and ensuring your risk management and compliance efforts continue to meet those expectations.

Fraud 88

Fraud Cyber Security ATM FDIC 88

Insights on Business

FEBRUARY 21, 2019

Optimizing risk, compliance and security. Too often cloud adoption can just happen, and security teams are asked reactively to make it secure and compliant. But it is possible to gain control and establish a proactive foundation of well governed, compliant security upon which these cloud projects can be built and managed.

Innovation 79

Innovation Seattle blockchain Customer Experience 79

FICO

DECEMBER 15, 2022

I’ve previously discussed our company’s work on an Artificial Intelligence-based scams model for FICO® Falcon® Fraud Manager and the technology behind it. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks. Scott received his Ph.D.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

FICO

JANUARY 4, 2018

Facilitating engineering, deployment, management and regulatory compliance: “ While text and the process of analyzing it can be quite complex, the results need to be simple to understand and use. Enterprises: Lax cyber security? You’re about to be found out. “I Who’s scoring you now?

Analytics 55

Analytics Cyber Security social media Analysis 55

FICO

JUNE 9, 2022

However , t he adoption of AI and ML in money laundering detection has been slow due to mandated regulator scenarios that put at odds proof of compliance and, necessarily, an effective program. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks.

Analytics 52

Analytics San Diego Cyber Security Data 52

Gonzobanker

NOVEMBER 17, 2016

While consumers and payment providers may hope for frictionless payments, the execution path will require new capabilities and deployments in fraud mitigation, cyber security, open APIs, and enhanced interoperability. My colleague Ryan Rackley summed it up perfectly when he referred to social media as the “new tattoo.”.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

Celent Banking

OCTOBER 12, 2016

Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk. We continue to prove that the approach of the IT department managing cybersecurity is not working. Use the NIST’s five functions to navigate and manage cybersecurity technology requirements and purchases.

Risk Management 100

Risk Management Operations Management Security 100

Cisco

SEPTEMBER 20, 2022

Through it all, Bank, Insurance and Wealth Management decision-makers have face increased pressure to focus on three fundamental strategic priorities – Business Growth, Cost Reduction, and Risk Reduction – to accelerate digital transformation. Bear traps are everywhere. We all feel it…and it hurts. Geopolitical issues shock the conscience.

America 108

America Video Compliance User Experience 108

NCR

DECEMBER 7, 2016

“At the same time, they can introduce context and human-like understanding to their payments and compliance processes. Machine learning has many potential applications in the financial services industry – in areas such as risk management, evaluating creditworthiness and product targeting, for example.

Innovation 40

Innovation Cyber Security Fraud Industry 40

NCR

MAY 3, 2016

Additionally, the security policy should take into consideration all regulatory and enterprise compliance requirements and how often patches are being applied. Enforce your security policy. It’s one thing to have a security policy in place that defines how the IT platform behaves, and another to actually enforce it.

Policies 40

Policies Security ATM System 40

Fintech Labs Insights

APRIL 27, 2016

.” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015. “FinTech continues to be at the forefront of innovation, and that requires equally innovative RegTech solutions for risk management, security, and fraud,” Zac Cohen, Trulioo General Manager said.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

Gonzobanker

DECEMBER 22, 2015

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. Bank project management offices. FFIEC’s Cyber Security Self-Assessment Tool. Vendor management. “I

Community Bank 60

Community Bank Apple Community Technology 60

FICO

AUGUST 28, 2020

Plus, consumers don’t like passwords as a security measure. Our recent survey found that only 40 percent of people are prepared to use username and passwords for security, while password management causes people real problems. Data Security Matters. Security isn’t just about keeping data safe. Unified Approach.

Management 52

Management Security Cyber Security social media 52

FICO

JULY 28, 2020

The market for cyber insurance continues to gain momentum. A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack.

Marketing 69

Marketing Cyber Security Policies Comparison 69

FICO

AUGUST 4, 2020

In today’s connected world, the need for effective vendor risk management is critical. Traditionally the vendor security risk assessment process has involved a manual and cumbersome spreadsheet-and-email system that is typically slow, labour-intensive, and potentially inaccurate.

Security 52

Security Risk Management Cyber Security System 52

American Banker

NOVEMBER 10, 2016

The president-elect's policies on taxes, offshoring, surveillance and other issues will affect bank technology officers and their vendors in a variety of ways. The positives may slightly outweigh the negatives.

Policies 65

Policies Taxes Technology Cyber Security 65

PYMNTS

MAY 8, 2017

Further, Kaspersky Lab found that 63 percent of FIs believe regulatory compliance doesn’t necessarily guarantee security. Point-of-sale system attacks can top $2 million, attacks on mobile devices leave a $1.6 million hit and targeted attacks yield $1.3 million in damages, analysts calculated. 80 percent of U.K. ”

Data 101

Data US Guidelines Cyber Security 101

Fintech Labs Insights

OCTOBER 3, 2016

Signed deal with Vision FCU to provide its money management app. Partnered with fellow Finovate alum NCR to launch new money management platform. Powered Homeownership Preservation Foundation’s digital money management app. Offered digital wealth management for BancAlliance Member Banks. Personal Capital ( FD15 ).

San Francisco 18

San Francisco Taxes Lending Colorado 18

FICO

JANUARY 5, 2023

For Public Companies, Cybersecurity Compliance with New SEC Rules will be a Top Priority. The proposed rules appreciably increase corporate accountability on cyber risk, starting from the boardroom and cascading down throughout the organization. This effort will provide a set of voluntary standards for businesses and others to adopt.

Policies 52

Policies Company Regulation Risk Management 52