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Today’s Cyber Risk Management

Cisco

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. In between these events, a different crisis began in the US sub-prime lending market. The subsequent regulatory activity in response to these events focused on operational risks.

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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.

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

Perficient

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management.

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FICO Named Category Leader for Cyber Risk Quantification

FICO

For the second year running, FICO has been named as category leader in the recently published Chartis ‘Cyber Risk Quantification Solutions 2020: Market Update and Vendor Landscape’ report. As the report shows, the market for Cyber Risk Quantification Solutions (CRQ) continues to show rapid growth.

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Betting the Bank on Your IT Experts

Jack Henry

As an example, the governor of New York State recently directed his Department of Financial Services to conduct targeted cyber security preparedness assessments for all state-chartered banks and other banks “based” in the state. Regardless of your infrastructure approach, solid IT talent is one of our industry’s most valuable assets.

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10 Ways We Make the Cybersecurity Executive Order Actionable

FICO

That said, in reading the text of the order, I was struck by the broad alignment of its goals and directives with the goals, use cases, and specific capabilities that we’ve enabled with the FICO Enterprise Security Score (ESS). The order is relatively short, with three operational sections. We’re looking forward to making a difference.

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Are you onboard with AI?

NCR

These innovations are already changing how the industry operates and how businesses engage with their customers, and are only set to become more important in the years to come. By using the latest cutting-edge AI technology, financial services providers can innovate and significantly reduce time to market.