CFPB Monitor

AUGUST 12, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Cyber Security Regulations. The Amendments, if adopted, would further regulatory trends and impose important new requirements on covered entities. The Amendments contain three significant changes relating to ransomware.

Regulation 147

Regulation Cyber Security New York Trends 147

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

Jack Henry

SEPTEMBER 11, 2014

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.

Security 76

Security Exercises Cyber Security social media 76

Insights on Business

MARCH 5, 2019

Cyber security is no longer just a problem for the IT department, it is a business risk that affects your entire organization. . This event is no charge to attend, but registration in advance is required. Event specifics are below: GRC: Best Practices in a World Under Constant Cyber Threat. IBM Client Center.

New York City 70

New York City Cyber Security New York Risk Management 70

Qudos Bank

MAY 11, 2023

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 40

Cyber Security Fraud Security Online 40

FICO

APRIL 17, 2020

The FICO® Cyber Risk Score gives cyber insurance underwriters the ability to measure cyber security breach risk for individual insureds, as well as aggregated risk across portfolios or business segments.

Cyber Security 52

Cyber Security Industry Management Security 52

Cisco

APRIL 7, 2019

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.” When was the last time you paid with cash (and no, parking at sporting events doesn’t count)? What we’re reading on Cyber Security: 1.

Trends 64

Trends Cyber Security Big Data Analytics 64

Cisco

APRIL 7, 2019

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.” When was the last time you paid with cash (and no, parking at sporting events doesn’t count)? What we’re reading on Cyber Security: 1.

Trends 48

Trends Cyber Security Big Data Analytics 48

FICO

DECEMBER 12, 2022

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! Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

Jeff For Banks

FEBRUARY 4, 2023

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. Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack.";

United States 78

United States US Cyber Security Taxes 78

Payments Source

MARCH 2, 2018

The Consumer Financial Protection Bureau is among several agencies that "continue to investigate events related to" last year's Equifax brief, the credit reporting firm said in a securities filing.

Security 63

Security Report Cyber Security Data 63

PYMNTS

JUNE 8, 2018

based Immersive Labs for its cyber security war games demonstrates the enduring appeal of that adage. The exercise “challenged conventional lines of authority, as the adversary leveraged four different attack vectors, crossed organizational hierarchies, and incorporated simultaneous events, actions and requests,” the company said.

Exercises 151

Exercises Louisiana Cyber Security Tools 151

Banking 2020

NOVEMBER 8, 2015

This change is aimed at promoting innovation and low cost electronic payment solutions while ensuring that security and data protection are not compromised,” said the European Payments Council. A big perceived threat around these changes is security. Ambiguity about liability for any fraud or data loss was also a major worry for banks.

Cyber Security 40

Cyber Security Payments Security Regulation 40

FICO

JANUARY 30, 2017

In my role as FICO’s Chief Analytics Officer, one of the most exciting parts of my job is being asked to speak at industry and customer events all over the world. Predictive Analytics World/New York: I was thrilled to keynote at this event, which focuses on analytics across the broad swath of financial services. The tour continues.

Analytics 40

Analytics San Francisco Cyber Security Fraud 40

Payments Source

NOVEMBER 21, 2018

There's never a good time to expose customer data, but the incident Amazon disclosed Wednesday could upend two major events: Black Friday/Cyber Monday and a reported effort to get merchants to accept Amazon at the point of sale.

Data 106

Data Report Cyber Security Online 106

PYMNTS

DECEMBER 16, 2016

No, you aren’t experiencing déjà vu all over again — as it turns out, that breach of over 500 million Yahoo accounts from 2014 announced in September was more the opening act than the main event. Yahoo stated that it has taken measures to secure user accounts and is currently working with law enforcement in an investigation.

Data 100

Data Security Cyber Security Retail 100

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. Security and privacy. Availability and resilience. Scalability. Flexibility.

Operations 118

Operations Software Risk Management Management 118

PYMNTS

JULY 16, 2016

starting Sunday (July 17), and the only thing more tragic than the horrific news out of Nice yesterday is that writing about tragic events is becoming a standard part of any weekly synopsis of events. Something rather ominously called a “ heat dome ” is setting up to effect over 75 percent of the U.S.

How To 100

How To Cyber Security social media Security 100

Insights on Business

MAY 18, 2018

Financial institutions are leading the charge in building security immune systems, knowing they are most threatened. They are looking for end-to-end security operations that are flexible and scalable, data-driven and applied with automated, operational accuracy. It can flag problems and route issues to security analysts.

Operations 93

Operations Security Cyber Security Customer Experience 93

Gonzobanker

NOVEMBER 17, 2016

This year’s Money 20/20 event in Las Vegas drew a massive attendance with 11,000 individuals, 4,500 companies, tons of new technology, and a mind-blowing expanse of collective brain power. The event’s level of growth and sophistication since its inaugural event in 2012 is truly impressive. market will be very far away.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

FICO

APRIL 12, 2017

The first comparison is of the customer or device in the context of their own history of events, where one can determine changes from historical behaviors. Power at scale: Enhancing fraud, compliance and cyber security defenses . In any security operations center, there’s a cacophony of alarms, 24-7.

Analytics 49

Analytics Fraud Compliance Comparison 49

American Banker

DECEMBER 29, 2020

Fallout from the coronavirus pandemic consumed the industry this year, but other events, including a scandal at the National Credit Union Administration and a credit union under fire for lack of board diversity, also made waves.

National 41

National Industry Cyber Security Security 41

Tomorrow's Transactions

NOVEMBER 7, 2014

This reminded me that I had similar thoughts last year, when the organisers of the University of Cambrige’s Rustat conference on “The Cyber Revolution in Global Finance” were kind enough to invite me along to their event and take part in a panel discussion about Bitcoin and the future of money.

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

William Mills

NOVEMBER 9, 2017

This year, Jack Henry & Associates (JHA) combined the Jack Henry Banking and ProfitStars Educational Conferences as well as the Jack Henry Banking Executive Forum into a single event. Overall, attendees were highly engaged in the many valuable sessions and networking opportunities during this high- energy conference.

Cyber Security 40

Cyber Security Conference Fintech Security 40

Fintech Labs Insights

JANUARY 5, 2016

The accelerator program runs for 12 months with 12 weeks of on-site “intensive acceleration” beginning on March 14 and ending with a Demo Day event on June 1. QCFinTech is based in Charlotte, North Carolina, a major U.S. Finovate Best of Show award winner , Dyme , is among the program’s alums.

North Carolina 12

North Carolina Fintech Cyber Security Charlotte 12

Fintech Labs Insights

JANUARY 5, 2016

The accelerator program runs for 12 months with 12 weeks of on-site “intensive acceleration” beginning on March 14 and ending with a Demo Day event on June 1. QCFinTech is based in Charlotte, North Carolina, a major U.S. Finovate Best of Show award winner , Dyme , is among the program’s alums.

North Carolina 12

North Carolina Fintech Cyber Security Charlotte 12

FICO

AUGUST 4, 2020

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. One of these sources, that has now been added to the Whistic platform, is FICO’s market-leading Cyber Risk Score. by Manish Karir.

Security 52

Security Risk Management Cyber Security System 52

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

FICO

APRIL 10, 2020

The physical and cyber-security processes that kept the bad guys out also kept homebound employees from easily getting to the full breadth of the information they needed to do their jobs serving customers… information that, in good times, could be gotten immediately from a colleague down the hall.

Innovation 52

Innovation Data Strategy Operations 52

FICO

APRIL 10, 2020

The physical and cyber-security processes that kept the bad guys out also kept homebound employees from easily getting to the full breadth of the information they needed to do their jobs serving customers… information that, in good times, could be gotten immediately from a colleague down the hall.

Innovation 52

Innovation Data Strategy Operations 52

American Banker

JUNE 15, 2016

If banks don't weigh in on an appropriate privacy standard, they risk letting outside events spark onerous new regulations.

Regulation 28

Regulation Cyber Security Security Compliance 28

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). Cybersecurity, of course, is top of mind for many businesses and individuals year round, but the events leading up to this year’s DHS campaign were more extraordinary than usual.

Exercises 119

Exercises Resources Industry Cyber Security 119

PYMNTS

APRIL 3, 2019

. “Insurers lack the legacy experience to thoroughly ascertain the level of cyber threat small and medium-sized businesses face,” he explained, adding, “The relative infancy of the industry combined with a lack of data to make smart policy decisions presents a major challenge to insurers and businesses alike.”

Analysis 158

Analysis Policies Cyber Security Data 158

PYMNTS

SEPTEMBER 24, 2018

That 4 percent benchmark would, of course, be a headline-making fine, a test case of sorts, where GDPR has been in effect since May 25 of this year and has yet to show any real traction in making an example of firms that do not adhere to rules governing data privacy and security. According to Bank Info Security , quoting U.K.-based

Data 152

Data Cyber Security Regulation social media 152

Gonzobanker

NOVEMBER 1, 2016

Poor planning or missteps here will cost more later on, not only in terms of time and money but also in the bank’s ability to effectively address today’s growing information and cyber security threats. I’ve taken the following three-step approach to building out a comprehensive IT and security risk program before, and it works.

Risk Management 60

Risk Management Security Management Tools 60

FICO

OCTOBER 10, 2016

In today’s security world, we’re less likely to find something about to happen, or even something happening now, and more likely to find something that happened long ago. Earlier this year, IDG polled security “experts” to predict the “single biggest security threat of 2016 ”. Here’s what I’m talking about. Why is that?

Cyber Security 40

Cyber Security Security National Data 40

PYMNTS

JANUARY 6, 2020

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! official told CBS News that “this is a nothing event. We’re always ready.” The website was taken offline, and is no longer accessible.

US 131

US Las Vegas Cyber Security Los Angeles 131