Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Develop a security awareness program.

Cyber Security 150

Cyber Security Security Software Meeting 150

PYMNTS

NOVEMBER 30, 2020

New research reveals how cyber attackers are stealing company cash from businesses large and small with examples emerging across businesses of all sizes — even forcing one firm to shutter its doors. 4,255 BEC scams have hit Australian small- to medium-sized businesses (SMBs) this year alone , according to Smart Company reports.

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

JANUARY 9, 2020

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports on Thursday (Jan. The National Cyber Security Centre said it was providing technical support. The attack occurred on New Year’s Eve.

Cyber Security 131

Cyber Security Groups System Data 131

PYMNTS

FEBRUARY 5, 2020

Australian logistics company Toll has been forced to disable its systems and use non-digital processes after a ransomware attack on Friday (Jan 31) caused delays throughout the country, according to a report by ZDNet. “We We’ll continue to provide updates as we securely bring our systems back online.”. On Wednesday (Feb.

Cyber Security 131

Cyber Security System Security Community 131

PYMNTS

JANUARY 29, 2018

A new report released in the U.K. For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR).

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

APRIL 11, 2018

After @bitcoin was suspended from Twitter on Sunday (April 8), the account is back with digs at bitcoin, Bloomberg reported. And it seems that bitcoin will continue to face bearish pressure in the second quarter of 2018, according to a new report from Cboe , The Merkle reported. And it may not be going away: The U.K.’s

Bitcoin 102

Bitcoin Cyber Security cryptocurrency Report 102

PYMNTS

MAY 15, 2017

As has been widely reported, a massive attack hit everything from the United Kingdom’s National Health Service, European automakers and Chinese firms and any number of companies across other verticals, winnowing its way through disparate countries into Saturday. According to a report in Bloomberg , 16 NHS hospitals in the U.K.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

MAY 15, 2018

Microsoft is collaborating with Commonwealth Bank of Australia (CBA) and KPMG to form a new cloud accounting startup, Financial Review reported. Reports on Monday (May 14) said the companies will launch Wiise in July, owned by KPMG and operated through a joint deal between Microsoft and CBA.

Cyber Security 104

Cyber Security Marketing Operations Management 104

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. The reporting software looks for anomalies based on its algorithms.

Fraud 101

Fraud Security Video Retail 101

PYMNTS

NOVEMBER 23, 2017

According to a report in Fortune published Wednesday (Nov. As reported by CNBC, ICO deputy commissioner James Dipple-Johnstone said the data breach and the company’s responses raise “huge concerns around its data protection policies and ethics. 22), regulators in the U.K., Meanwhile, in the U.K., were impacted by it.

Regulation 100

Regulation Cyber Security Connecticut Illinois 100

PYMNTS

AUGUST 30, 2016

. “It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. ” It was reported that the new changes will bring about a blurring of the lines between payments and remittance through advances in financial technology.

Fintech 101

Fintech Cyber Security National Regulation 101

PYMNTS

DECEMBER 20, 2017

The company announced this week that it deployed a “blockchain-inspired” technology to manage collateral in its ledger and facilitate the sending of cash and securities. That data includes company names, share counts and corporate activity like mergers and acquisitions (M&A), reports said.

blockchain 135

blockchain Cyber Security Groups Regulation 135

Cisco

APRIL 7, 2019

How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.” A recent study by Accenture reported on 30 major banking applications. What we’re reading on Cyber Security: 1. Cisco Cloud Solutions.

Trends 64

Trends Cyber Security Big Data Analytics 64

Jack Henry

JULY 2, 2014

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.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

Celent Banking

OCTOBER 12, 2016

Most cyberattacks succeed because of weaknesses in people, processes, controls and operations. 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.

Risk Management 100

Risk Management Operations Management Security 100

Accenture

MARCH 20, 2017

Read the full report. Transactional trust used to be consistently high across the banking industry, but now consumers are telling us that it is a point of competitive differentiation, so cyber security is no longer just a hygiene factor, it’s a customer acquisition tool.

Marketing 150

Marketing Cyber Security Study Meeting 150

Accenture

MARCH 20, 2017

Read the full report. Transactional trust used to be consistently high across the banking industry, but now consumers are telling us that it is a point of competitive differentiation, so cyber security is no longer just a hygiene factor, it’s a customer acquisition tool.

Marketing 150

Marketing Cyber Security Study Meeting 150

Cisco

APRIL 7, 2019

How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.” A recent study by Accenture reported on 30 major banking applications. What we’re reading on Cyber Security: 1. Cisco Cloud Solutions.

Trends 48

Trends Cyber Security Big Data Analytics 48

PYMNTS

JUNE 8, 2018

based Immersive Labs for its cyber security war games demonstrates the enduring appeal of that adage. This operational cadence encouraged proactive communication as the best method to spread awareness of the threat and how to combat against it.”. Can businesses learn something from that?

Exercises 151

Exercises Louisiana Cyber Security Tools 151

FICO

SEPTEMBER 18, 2020

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.

Cyber Security 52

Cyber Security Risk Management Analytics Data 52

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. Applications include analysis of regulations, news flow, earnings reports, consumer complaints, analyst ratings changes, and legal documents. Cybersecurity.

Regulation 309

Regulation Industry Risk Management Analysis 309

FICO

DECEMBER 16, 2019

Fraud teams operate with lean structures. However, new job roles that are being created sit within digital areas such as IoT, online digital security and cyber security, suggesting that some preparation is happening for identifying and addressing new risks. by Mel Prescott.

Survey 52

Survey Fraud Cyber Security Compliance 52

PYMNTS

JUNE 13, 2017

The recent attack on the Ukrainian power grid should serve as a wake-up call for all those responsible for the security of critical systems around the world,” warns ESET Senior Malware Researcher Anton Cherepanov in the release. This report on cybersecurity comes as Ukraine is becoming more of a hotbed for cyber criminals.

New Jersey 100

New Jersey System Industry Fraud 100

FICO

DECEMBER 1, 2022

Proper model package definition will improve the operational benefits of AI. We will see improvement in model monitoring, bias detection, interpretability and real-time model issue reporting. How FICO Can Help You Gain from AI: Read our State of Responsible AI Report with Corinium. Simplicity of monitoring. Time to market.

Analytics 98

Analytics Phoenix San Diego Tools 98

Payments Source

AUGUST 22, 2018

Account takeover (ATO) fraud currently drives the largest fraud losses at North American financial institutions within digital channels, according to a new report from Aite Group and Early Warning, the bank organization that operates the Zelle payment network brand.

Fraud 92

Fraud Data Mobile Payments 92

FICO

APRIL 12, 2017

Depending on the degree of variance, we can assess how likely the behavior is to be aberrant and thus potentially fraudulent or criminal — or, in the case of a network device, how likely that endpoint is to have been compromised by a cyber attacker. Power at scale: Enhancing fraud, compliance and cyber security defenses .

Analytics 49

Analytics Fraud Compliance Comparison 49

FICO

MAY 22, 2017

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.

Security 45

Security Cyber Security Guidelines Tools 45

PYMNTS

NOVEMBER 13, 2017

According to reports, a bug in the Parity wallet is serious enough that it could potentially cause the contents of the wallets to be erased. The competition in India for digital payments dominance got that much more competitive this week with the announcement that PayPal has officially launched domestic operations in India.

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

FICO

JUNE 9, 2022

In addition to improved detection cross-channel and in newer payment channels, the data science team is working to address defensive suspicious activity report (SAR) filing, which occurs when analysts aren’t fully confident that an alerted activity is suspicious, but still file a SAR “defensively” to protect themselves from future scrutiny.

Analytics 52

Analytics San Diego Cyber Security Data 52

Banking 2020

NOVEMBER 24, 2015

Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3 The organisation said: “Banks’ and card companies’ security systems detected and prevented a total of £910.9 Customer loyalty.

Fraud 40

Fraud Cards Cyber Security System 40

FICO

APRIL 10, 2020

Crossing the COVID-19 Chasm - Key takeaways: The COVID-19 situation exposed glaring weaknesses in businesses’ readiness to operate virtually, especially in areas like decisioning, which require huge volumes of diverse, real-time data. Companies scrambled to virtual operations, in some cases, with only limited access to critical systems.

Innovation 52

Innovation Data Strategy Operations 52

FICO

APRIL 10, 2020

Key takeaways: The COVID-19 situation exposed glaring weaknesses in businesses’ readiness to operate virtually, especially in areas like decisioning, which require huge volumes of diverse, real-time data. Companies scrambled to virtual operations, in some cases, with only limited access to critical systems. Then COVID-19 hit. .

Innovation 52

Innovation Data Strategy Operations 52

PYMNTS

JULY 15, 2016

And, Fauss notes, that is not industry’s unique opinion – the CFPB said as much in their report. ” Fauss emphasized that the National Branded Prepaid Card Association doesn’t stand against regulation – they think it helps everyone if there are clear guidelines the industry operates under.

Cards 100

Cards Millennials Regulation Cyber Security 100

Banking 2020

MAY 14, 2015

According to a recent report by McKinsey, banks that relentlessly standardize their IT infrastructure and application architecture spend an average of 41 percent less on day-to-day IT operations. The risks that come with not having an application strategy could also spell trouble as cyber security concerns rise.

Cyber Security 40

Cyber Security Software Study Industry 40

Fintech Labs Insights

MARCH 29, 2017

Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. Fiserv reports nearly 30 banks and CUs deployed its digital banking technology in 2016, taking the total number of FIs using its online banking solutions to 3,500. BBVA among the latest companies to join Hyperledger.

New York 12

New York Cyber Security Video Capital 12

Cisco

JUNE 7, 2019

While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. Banks can no longer distinguish hacker from customer, and just like that, traditional perimeter security is rendered useless. billion in 2017 to $6.4

Fraud 63

Fraud Retail San Diego Cyber Security 63

Cisco

SEPTEMBER 20, 2022

Cisco Meraki actively assists financial institutions with the transition to multi-cloud environment, protection against cyber security attacks, operational efficiencies, and talent retention. A secure, Cloud-based, innovative network platform is designed for ease of use and quick time to value. Theta Lake.

America 108

America Video Compliance User Experience 108