FICO

AUGUST 4, 2020

In today’s connected world, the need for effective vendor risk management is critical. 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.

Security 52

Security Risk Management Cyber Security System 52

Jeff For Banks

FEBRUARY 4, 2023

At Bank Director's Acquire or Be Acquired conference , I had a sidebar conversation with a longtime friend and banking industry investment banker about ChatGPT, which stands for Chat Generative Pre-Trained Transformer. Vendor management due diligence, such as "Where can I find third-party reviews on the nCino loan operating system?";

United States 78

United States US Cyber Security Taxes 78

FICO

MARCH 23, 2021

Advances in cyber-security alongside fast, reliable and secure payment channels are expected to drive the US$37 billion potential opportunity financial services could monetise by 2030. Scaling the Opportunity for Financial Services. It’s fair to say, every piece of data is another jigsaw piece to leverage insight from.

Cyber Security 52

Cyber Security Retail US Trends 52

FICO

SEPTEMBER 25, 2017

Sensational Details of Model Over-Training in Action. Legendary running coach Arthur Lydiard famously taught “Train don’t strain” and it is important to avoid the temptation to over-train or “overfit” a machine learning model. Knowing how far to train a model requires skill and experience. No, not that sort of model!

Training 64

Training Cyber Security Data Fraud 64

FICO

JANUARY 18, 2023

With only 8% of respondents reporting that their AI strategies are fully mature, and model development standards consistently scaled, it’s clear to me that the industry is on a bullet train to serious financial, legal and reputational fallout from misguided and otherwise incorrect use of this powerful technology. Scott received his Ph.D.

Analytics 52

Analytics San Diego Regulation Compliance 52

PYMNTS

MARCH 16, 2016

Research shows that small and medium-sized enterprises are most vulnerable to cyberattacks, but the latest findings suggest that the CFOs and money managers at these businesses are getting a little break. The data from the study was published on Tuesday (March 15). percent of SMEs, cybersecurity is among their top 10 business concerns; for 4.3

Training 100

Training Study Survey Data 100

Jack Henry

APRIL 30, 2014

Ensure adherence to appropriate patch management policy and procedures. It ends with encouragement to utilize cyber-security resources like the ones I mentioned earlier. These should serve as reminders for reviewing/updating and ensuring your risk management and compliance efforts continue to meet those expectations.

Fraud 88

Fraud Cyber Security ATM FDIC 88

FICO

DECEMBER 21, 2018

Thus, a couple of weeks from now we’ll ring in 2019, the Year of Cyber Insecurity: 52 weeks in which companies of all sizes and industries will experience a new level of fear – and in some cases panic – in realizing their vulnerability to data breaches, hacking and other cybercrimes. Get a Reality Check, Continuously.

Cyber Security 40

Cyber Security Comparison Policies Data 40

PYMNTS

JUNE 15, 2017

Hedgie Bartol, Axis Communications’ business development manager for retail in North America, has some insights on why the surveillance camera alone just isn’t enough anymore. Thirty years ago, loss prevention was all about catching the bad guys,” said Bartol, and that created liability.

Fraud 101

Fraud Security Video Retail 101

Banking 2020

NOVEMBER 24, 2015

At four in ten banks, the card fraud management systems are older than core banking systems, according to a survey by CEB TowerGroup. Although machine learning is certainly a strong aspect, an effective operation will also have trained staff to make command decisions, test parameters, and design expert rules.”. Customer loyalty.

Fraud 40

Fraud Cards Cyber Security System 40

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. Then COVID-19 hit. .

Innovation 52

Innovation Data Strategy Operations 52