Cisco

JUNE 7, 2022

This dubious distinction and related implications of a breach have ensured financial services’ high level of cyber security proficiency, protection, and alignment with standards such as the International Standards Organization (ISO) 27k series on IT risk and the US National Institute of Standards and Technology (NIST) Cyber Security Framework.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

Payments Source

DECEMBER 2, 2020

Whenever a technology moves into the payments or financial data ecosystem, it alerts fraudsters to probe it more intensely — and ultimately, figure out a way to use it as an attack vector.

Security 160

Security Data Technology Payments 160

American Banker

JULY 24, 2023

One security researcher said the total number of consumers who had data stolen in MoveIt breaches exceeds 20 million, and more are expected to be reported.

Data 68

Data Security Report Cyber Security 68

American Banker

JULY 24, 2023

One security researcher said the total number of consumers who had data stolen in MoveIt breaches exceeds 20 million, and more are expected to be reported.

Data 66

Data Security Report Cyber Security 66

American Banker

JULY 17, 2023

In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.

Data 36

Data Security Cyber Security Technology 36

PYMNTS

NOVEMBER 28, 2019

Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as Governance, Banking & Finance, Cyber Security and so on,” wrote Sanjay Dhotre. India has been embracing blockchain technology.

blockchain 158

blockchain National Cyber Security Security 158

PYMNTS

DECEMBER 2, 2019

29, requesting tech companies who can build a “proof of concept” shared KYC system that would allow commercial banks and the central government to share and update customer data on a blockchain. The bank made the announcement on its website on Nov.

blockchain 132

blockchain System Cyber Security Technology 132

Banking 2020

SEPTEMBER 10, 2015

Or worse, hackers have stolen customer data and are threatening to release it. MarketWatch reported that in April 2015, cyber attackers threatened more than 100 financial firms with DDoS extortion. Financial institutions have the opportunity to make security investments that also increase their ROI. Talk about a bad Monday.

Cyber Security 40

Cyber Security Security Fraud Software 40

PYMNTS

JULY 22, 2020

And the actions on risk will help with the new, more comprehensive use of technology in peoples’ lives that has also come with more threat of risk, the release says.

Regulation 140

Regulation Bitcoin Cyber Security cryptocurrency 140

PYMNTS

FEBRUARY 6, 2019

Reuters , citing cybersecurity researchers, reported that the attack was part of a global hacking campaign initiated by the Ministry of State Security in China aimed at stealing intellectual property and corporate secrets.

Software 123

Software Company Cyber Security Security 123

PYMNTS

OCTOBER 29, 2019

The DataVisor team is made up of experts in the fields of big data infrastructure and machine learning (ML), and ExtenD is going to leverage those strengths in its new venture. DataVisor makes advanced solutions to fraud that are active and detect online attacks rapidly. They’re meant to work on any platform.

Company 101

Company Cyber Security Fraud Big Data 101

FICO

AUGUST 8, 2022

2022 Data Science and AI Predictions Revisited. Within my AI predictions for the year, interpretable machine learning (ML) models have surprised me by garnering greater awareness from data science leaders. One of my favorite things to think about is my annual data science and artificial intelligence (AI) predictions blog.

Data 96

Data Analytics San Diego Alaska 96

PYMNTS

OCTOBER 29, 2019

The DataVisor team is made up of experts in the fields of big data infrastructure and machine learning (ML), and ExtenD is going to leverage those strengths in its new venture. DataVisor makes advanced solutions to fraud that are active and detect online attacks rapidly. They’re meant to work on any platform.

Fraud 100

Fraud Cyber Security Big Data Training 100

PYMNTS

JANUARY 29, 2018

finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. A new report released in the U.K.

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

JANUARY 2, 2020

The movement is being spurred on by the country’s young people, who have inexpensive smartphones and discretionary income with better data connectivity. . In November , India’s Minister of state for electronics and IT (MeitY) announced that the government is drafting a national framework to expand the deployment of blockchain use cases.

Cards 130

Cards blockchain Cyber Security Retail 130

PYMNTS

JUNE 7, 2018

Goldman Sachs is using cyber security war games so that its technology staff will better learn how to fight and prevent threats that could harm the bank and its clients. based Immersive Labs , which offers learning tests and war games on cyber threats.

Training 128

Training Cyber Security Technology Security 128

PYMNTS

SEPTEMBER 30, 2016

On Thursday, October 13th at 1:00 PM (EST) , MPD CEO Karen Webster will be joined by Michael Reitblat, CEO of Forter , for a live digital discussion where they will dive into the data from the Q3 2016 Global Fraud Attack Index. DIGITAL DISCUSSION PRESENTER. Michael Reitblat. Co-founder and CEO of Forter.

Fraud 100

Fraud Data Cyber Security Study 100

PYMNTS

DECEMBER 6, 2018

Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. As Plesco pointed out, criminals have managed to steal credit bureau data, giving fraudsters an in when it comes to such theft. You need layers of security,” he noted.

Fraud 133

Fraud Payments Security Cyber Security 133

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth . in 2019.

Regulation 160

Regulation Policies Data Compliance 160

Perficient

APRIL 2, 2021

It involves using software to analyze both structured and unstructured data (i.e., email, text, audio data), with the aim of identifying fraud or anomalous transactions. AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies.

Regulation 309

Regulation Industry Risk Management Analysis 309

American Banker

FEBRUARY 13, 2024

Customers with deferred compensation plans at the bank had personally identifiable information compromised through a third party, Infosys McCamish.

America 101

America Data Cyber Security Security 101

The Banker Technology

DECEMBER 8, 2015

Protecting the banks’ crown jewels – money and personal data – may have become more difficult than ever, but financial institutions have fortified their defences with a little help from their fintech friends.

Cyber Security 28

Cyber Security Security Fintech Data 28

PYMNTS

JUNE 20, 2017

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. There are several ways heightened data management can yield more effective risk mitigation , Hazeltree noted.

Big Data 119

Big Data Data Risk Management Compliance 119

FICO

MAY 2, 2019

Fraud and data breaches have always had a close, if destructive, relationship. As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online.

Fraud 70

Fraud Data Cyber Security Risk Management 70

Qudos Bank

FEBRUARY 15, 2024

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity.

Cyber Security 52

Cyber Security Fraud Security Online 52

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. All of those data points can be used to improve the customer experience for the good guys.

Fraud 101

Fraud Security Video Retail 101

Cisco

APRIL 7, 2019

While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.”

Trends 64

Trends Cyber Security Big Data Analytics 64

FICO

DECEMBER 2, 2019

Worried about the rise in data breaches? Now it’s easier than ever to understand your company’s cyber risk. The latest release of the FICO® Cyber Risk Score is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors. by FICO.

Cyber Security 52

Cyber Security Risk Management Security Software 52

PYMNTS

JULY 7, 2017

Cyberattacks are never welcomed by any piece of technology. Play Protect secures users from the family, and any apps that may have been infected with CopyCat were not distributed via Play.”. Late last month, reports surfaced of a “massive cyberattack” originating in Europe and quickly spreading to major corporations across the globe.

Data 130

Data Google Groups cryptocurrency 130

CFPB Monitor

MARCH 8, 2019

The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments. The Safeguards Rule requires financial institutions to have a comprehensive information security program. Requiring periodic reports submitted to the boards of directors to ensure compliance.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

Cisco

MARCH 3, 2021

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. Questions our clients and strategic partners are asking include: How will employees consume technology moving forward?

Strategy 77

Strategy Cyber Security Survey Security 77

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. Data governance and data management. Resilience.

Operations 118

Operations Software Risk Management Management 118

PYMNTS

DECEMBER 20, 2017

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. This week, news from Citigroup, UPS and Vanguard signal interest in using the distributed ledger technology in the back office.

blockchain 135

blockchain Cyber Security Groups Regulation 135

Abrigo

OCTOBER 31, 2014

The majority of professionals love technology. But when is too much technology just too much? Sageworks asked Don West, a member of the AICPA''s Information Management and Technology Assurance Section''s CITP Credential Committee the best ways to protect one''s self and business online. --. Use a Virtual Private Network.

Online 199

Online South Carolina Google Cyber Security 199

American Banker

MAY 23, 2016

Seven financial trade groups announced Monday that they are banding together to push legislation that would extend banklike data security standards to retailers and nonbank businesses.

Security 43

Security Retail Data Groups 43

PYMNTS

NOVEMBER 3, 2017

The recent Equifax data breach and a string of ransomware attacks in Europe have raised several questions around cybersecurity. The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure.

Trends 125

Trends Apple Cyber Security Analysis 125

Payments Source

DECEMBER 5, 2017

An ex-regulator’s stern warning about the risks of sharing consumer information with fintechs has prompted debate over common security standards for banks and nonbanks, better data tracking and new liability insurance products.

Data 61

Data Security Fintech Cyber Security 61