Remove Cyber Security Remove Management Remove National Remove Technology
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

Indian Gov’t Drafts Plan For National Blockchain Applications

PYMNTS

India’s Minister of state for electronics and IT (MeitY) has announced that the government is drafting a national framework to expand the deployment of blockchain use cases. Dhotre added that the government is drafting an approach paper on the National Level Blockchain Framework. India has been embracing blockchain technology.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Today’s Cyber Risk Management

Cisco

While operational risk is not a contributing factor in a pandemic, the COVID-19 pandemic’s impact on financial services’ digitization does correlate with a material rise in cyber risk. It also put an even greater emphasis on cyber risk management within institutions and financial regulatory agencies. Regulatory Agencies Step Up.

article thumbnail

4 considerations for banking leaders concerned about cyber security

NCR

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world. Cyber Incident Response Plan.

article thumbnail

Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

This virus has disabled some of our technology systems and our central office phone system. The emergency declaration allows the state to access resources from the state’s national guard, technology office, state police and other organizations, according to a statement from the governor’s office.

Louisiana 162
article thumbnail

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

Perficient

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Risk Management. AI may be used to augment risk management and control practices. Credit Decisions.

article thumbnail

Disruptive technology will not kill banks

Jeff For Banks

The cash management specialist wanted to advance the product set so corporate customers could use their own interface with the banking core system instead of using the bank''s online banking tool. bank extinction BBVA Charles Schwab disruptive technology financial times ING Direct John Authers Quicken Loans Vang'