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4 considerations for banking leaders concerned about cyber security

NCR

Evaluation of risk also includes understanding potential exposure around the cybersecurity policies and systems of all vendors and third-party partners. An Information Security Officer (ISO) is mandated by federal regulations and plays a critical role in today’s digitally interconnected world. Cyber Incident Response Plan.

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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

US 227
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Global Security Officials Meet To Discuss 5G Security

PYMNTS

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters.

Meeting 171
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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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Biden orders spy agencies to share more cyber-threat intel with banks

American Banker

A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S. intelligence agencies and systemically important financial entities.

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

PYMNTS

Businesses managing ICS environments need to put the necessary policies, procedures, technology and training in place immediately to properly manage these risks before they have an opportunity to damage the business.”.

Survey 124
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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market.