Remove Cyber Security Remove Industry Remove Risk Management Remove Security
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Today’s Cyber Risk Management

Cisco

This quickly metastasized into significant global credit risk for large institutions and became the biggest existential threat to the industry in more than a century. The subsequent regulatory activity in response to these events focused on operational risks. Regulatory Agencies Step Up. Digitization and Rising Complexity.

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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

Risk Management. AI may be used to augment risk management and control practices. AI can assist internal audit and independent risk management to increase sample size (such as for testing), evaluate risk, and refer higher-risk issues to human analysts. Textual analysis.

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Bitcoin Daily: Singapore’s MAS Looks To Expand Regulation Of Digital Token Services

PYMNTS

MAS also proposed new powers to prevent people from working in the financial industry if they’re found to be “unsuitable,” boost the framework for managing risk in tech, and make dispute resolution more effective.

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Stop Throwing Money at Cybersecurity

Celent Banking

We continue to prove that the approach of the IT department managing cybersecurity is not working. Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns.

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FICO® Cyber Risk Score Continues Strong Customer Momentum

FICO

The FICO® Cyber Risk Score continues to experience significant momentum in the cyber insurance marketplace with strong growth, new clients, and exciting industry recognition. FICO has become the trusted name in cyber risk scoring in the insurance marketplace.

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Treasurers Trust Big Data For Real-Time Risk Assessment

PYMNTS

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted.

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Synthetic Identities: From Data Breaches to Auto Loan Fraud

FICO

Criminals are using parts of both fabricated and real identities (mined directly, or stolen during data breaches and purchased off the Dark Web) to create synthetic identities , which in turn are used to secure auto loans or other financial products.

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