Remove Cyber Security Remove Data Remove Leadership Remove Management
article thumbnail

4 considerations for banking leaders concerned about cyber security

NCR

With that comes the need to protect the data associated with all types of banking transactions. The overall risk management framework of any institution, including banks, should include cybersecurity considerations. Increasingly, customers are asking financial institutions for new and improved levels of digital connectivity.

article thumbnail

Reduce your accounting firm’s cyber risks with these 8 actions

Abrigo

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. A central method for creating a strong cyber security culture is generating awareness. Ensure leadership buy-in. Make the topic ubiquitous.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The FFIEC’s Architecture, Infrastructure, and Operations book

Cisco

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.

article thumbnail

Financial Services Digital Transformation & Business Resiliency Strategies

Cisco

There is an increased sense of urgency to Connect, Secure & Automate, and most importantly, to make Banking, Insurance & Wealth Management easier for customers, partners and stakeholders. How can we ensure our data centers and most critical IT infrastructure don’t fail? Now they ARE the business.

article thumbnail

Reflections 2022: The Power of Patents and the People Behind Them

FICO

However, in terms of artificial intelligence (AI) and analytics, 2022 has been a great year for FICO, my data science team, and AI innovation in general. This technology is incorporated into FICO® Falcon® Fraud Manager. Here are a few of the year’s highlights I’m reflecting on. The Power of Patents.

article thumbnail

The State of Responsible AI in Financial Services

FICO

Industry Leadership in Artificial Intelligence Already Exists. . As for my part, I’m volunteering to provide the data science backbone for Responsible AI self-regulation. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks.

article thumbnail

My Keynote World Tour Wrap-Up: “Analytics Will Rock You”

FICO

I talked about using the FICO fraud data consortium to determine when data shifts can invalidate the models and, more menacing, when these shifts reveal subtle new fraud patterns that can indicate the work of fraudsters and cyber criminals, who know how to go “low and slow” to evade detection. IoT is the new Wild West.