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Proposed new cyber security regulations will be a huge undertaking for financial institutions

Celent Banking

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Mandated training of security will be required. Information security. Access controls and identity management.

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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.

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4 considerations for banking leaders concerned about cyber security

NCR

The overall risk management framework of any institution, including banks, should include cybersecurity considerations. Evaluation of risk also includes understanding potential exposure around the cybersecurity policies and systems of all vendors and third-party partners. Evaluation of Risk. The Role of the ISO.

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New Survey By Kaspersky Lab Shows Cyber Attacks Are Alive And Kicking

PYMNTS

“Preparedness among all departments in the organization — such as executive leaders, engineers, IT security teams and more — is key to protecting against cyberattacks. Kaspersky Lab and Business Advantage conducted a security survey of 359 industrial cyber security practitioners from 21 countries from February to April 2017.

Survey 124
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Kaspersky Lab’s New Survey Found 65 Percent Of Companies Are Worried About IoT

PYMNTS

Kaspersky Lab , the security company, announced Tuesday (June 26) a new “State of Industrial Cybersecurity 2018” survey, which found that 65 percent of organizations globally believe that OT/ICS security risks are more likely with IoT over the next year.

Survey 111
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Would Trump Policies Help or Hurt Financial Tech? Yes.

American Banker

The president-elect's policies on taxes, offshoring, surveillance and other issues will affect bank technology officers and their vendors in a variety of ways. The positives may slightly outweigh the negatives.

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How Does ChatGPT Describe the Economy and Banking?

Jeff For Banks

Factors supporting this outlook include the ongoing rollout of COVID-19 vaccines, improving consumer and business confidence, and accommodative monetary policy from the Federal Reserve. Additionally, the implementation of new policies by the government, such as changes to taxes and regulations, could also influence economic outlook.