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The cyber security threat landscape in financial services

Insights on Business

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

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Top 5 Analytics Posts: Explainable AI and Machine Learning

FICO

In this post, he discusses some of the special circumstances around using AI and machine learning to assess credit risk, a highly regulated field. They’re focused on using many types of alternative data, such as information gleaned from social media, to deduce credit risk. Enterprises: Lax cyber security?

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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. For many of us, we are fine losing social media photos, Twitter puns, or even our passwords.

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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. For many of us, we are fine losing social media photos, Twitter puns, or even our passwords.

Data 40
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BA To Reveal Fine Print On GDPR Fines?

PYMNTS

In the wake of the news earlier this month that British Airways had found, and reported, a data breach within the 72 hours mandated by the General Data Protection Regulation , the question remains: How much is it going to cost, if anything? According to Bank Info Security , quoting U.K.-based Facebook Faces Regulators’ Ire.

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Biometrics in the Future of Customer Identity Management

FICO

Until recently, most consumer-facing organizations have relied on username and passwords to secure accounts. Plus, consumers don’t like passwords as a security measure. Our recent survey found that only 40 percent of people are prepared to use username and passwords for security, while password management causes people real problems.

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NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety

PYMNTS

We have to regulate how to use it in the future. When FindFace was finally smart enough to go public, it launched in 2016 as a tool for young urbanites to identify one another in public and connect later on social media, rather than approach someone at random on the train. It already exists,” Ivanov said.