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. Common AIO Risk Management Topics. Data governance and data management.

Operations 118

Operations Software Risk Management Management 118

Celent Banking

OCTOBER 12, 2016

This is the definition of operational risk. Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk. We continue to prove that the approach of the IT department managing cybersecurity is not working.

Risk Management 100

Risk Management Operations Management Security 100

FICO

MAY 2, 2019

I recently talked about synthetic auto loan fraud with executives from Santander Bank and GM Financial at the AFSA Vehicle Finance Conference , on a panel discussion about cybersecurity and third-part risk management (TPRM). An Empirical Tool to Gauge Third-Party Risk.

Fraud 70

Fraud Data Cyber Security Risk Management 70

Gonzobanker

NOVEMBER 17, 2016

While consumers and payment providers may hope for frictionless payments, the execution path will require new capabilities and deployments in fraud mitigation, cyber security, open APIs, and enhanced interoperability. My colleague Ryan Rackley summed it up perfectly when he referred to social media as the “new tattoo.”.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

FICO

MAY 22, 2017

With that as backdrop, here’s my executive order “Top 10” list: The order calls on agencies to take actions commensurate with their cyber risk. This, of course, requires an assessment of risk. ESS provides an actionable, empirical, assessment of risk. We’re looking forward to making a difference.

Security 45

Security Cyber Security Guidelines Tools 45

NCR

DECEMBER 7, 2016

The need to adopt smarter tools has never been more vital. Machine learning has many potential applications in the financial services industry – in areas such as risk management, evaluating creditworthiness and product targeting, for example. Is the growth of AI a cause for concern?

Innovation 40

Innovation Cyber Security Fraud Industry 40

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Loans under management were up, but so were loss reserves, which have doubled as unpaid balances have increased 57 percent.

Lending 100

Lending Apple Cards Study 100

Cisco

JUNE 7, 2019

How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats? Retail banks can start by protecting customer accounts with security that goes beyond a single user ID and password using a strong multi-factor authentication (MFA) solution like Duo Security. billion in 2018.

Fraud 63

Fraud Retail San Diego Cyber Security 63

Cisco

JUNE 7, 2019

How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats? Retail banks can start by protecting customer accounts with security that goes beyond a single user ID and password using a strong multi-factor authentication (MFA) solution like Duo Security. billion in 2018.

Fraud 48

Fraud Retail San Diego Cyber Security 48

Gonzobanker

NOVEMBER 1, 2016

Congratulations to all the financial institutions that have completed the FFIEC Cybersecurity Assessment Tool (CAT). So, before bankers run off and build another one-off, standalone, unsustainable solution using the static, basic tool the FFIEC has put out there, they should stop and consider a few things. Mission Accomplished!

Risk Management 60

Risk Management Security Management Tools 60

FICO

AUGUST 4, 2020

In today’s connected world, the need for effective vendor risk management is critical. Organizations need new tools that can help speed up the decision-making process, while having the confidence that these decisions can be backed by a complete and validated picture of vendor risk.

Security 52

Security Risk Management Cyber Security System 52

FICO

JULY 28, 2020

The market for cyber insurance continues to gain momentum. A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack.

Marketing 69

Marketing Cyber Security Policies Comparison 69

Gonzobanker

DECEMBER 22, 2015

Let’s see if better technology and delivery tools get the idea farther down the road this time. Bank project management offices. One internal memo acknowledges the weaknesses in the bureau’s methodology and admits to the litigation risks in its case against Ally. FFIEC’s Cyber Security Self-Assessment Tool.

Community Bank 60

Community Bank Apple Community Technology 60