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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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TeleSign Offers New iOS Capabilities For App Verify, Protects From Fraud

PYMNTS

According to a press release , App Verify for iOS allows mobile app developers to streamline the onboarding account verification process to assist with increasing conversions and providing cyber security and identity assurance from fraud.

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Four Steps for Managing Third-Party Cyber Security Risk

FICO

Would there be compliance exposure in the event of a breach at the supplier? On the basis of the categorization, tools like the FICO® Cyber Risk Score can be used to group organizations into portfolios where cyber risk and vendor impact/criticality can be considered together. if necessary? How is the supplier insured?

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British Parliament Hit By Laser-Focused Cyber Attack

PYMNTS

This past Saturday (June 24) British Parliament was one such entity that fell victim to a cyber attack. Reports from this event stated that the hit was a “sustained and determined” cyber attack with the goal of finding weak email passwords.

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Is keeping your money in a bank the safest option?

Qudos Bank

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.

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

FICO

I am very glad that my role at FICO centers on AI and analytic innovation, and incorporating it into the wide range of solutions our customers use to fight fraud, scams and other financial crimes. This technology is incorporated into FICO® Falcon® Fraud Manager. The Power of Patents.