article thumbnail

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.

article thumbnail

Today’s Cyber Risk Management

Cisco

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. Beginning with the bursting of the dot-com bubble, and more recently, the global COVID-19 pandemic, these events created significant volatility in stock prices resulting in increased market risk.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Four Steps for Managing Third-Party Cyber Security Risk

FICO

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. 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. Let’s take a look at these four steps.

article thumbnail

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. . Guests will learn from featured speakers such as Judith Pinto , Managing Director, Promontory and Patrick Batson , Senior GRC Advocate, IBM as well as panelists from Bloomberg and DTCC.

article thumbnail

FICO® Cyber Risk Score Continues Strong Customer Momentum

FICO

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.

article thumbnail

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

FICO

This technology is incorporated into FICO® Falcon® Fraud Manager. This patented technology can provide insight in investigating payment card fraud, detecting cyber security threats, credit risk, and identifying money laundering activities. . 2022 marked the comeback of in-person events, in a big way!

article thumbnail

How Does ChatGPT Describe the Economy and Banking?

Jeff For Banks

On its website , ChatGPT describes its limitations as may occasionally generate incorrect information, may occasionally generate harmful instructions or biased content, and has limited knowledge of the world and events post 2021. Vendor management due diligence, such as "Where can I find third-party reviews on the nCino loan operating system?";