The Paypers

JUNE 7, 2017

(The Paypers) Bottomline Technologies report results have revealed that fraud and the need for greater cyber-security measures remain high on the agenda for financial decision makers.

Cyber Security 28

Cyber Security Security Industry Fraud 28

American Banker

MARCH 27, 2024

The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.

Risk Management 78

Risk Management Report Management Fraud 78

Abrigo

DECEMBER 5, 2016

Meanwhile, accountants themselves understand the importance of good cyber security practices in their own offices, given recent reports of attacks by identity thieves targeting client names and IDs. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Ensure leadership buy-in.

Cyber Security 150

Cyber Security Security Software Meeting 150

Banking 2020

SEPTEMBER 10, 2015

MarketWatch reported that in April 2015, cyber attackers threatened more than 100 financial firms with DDoS extortion. It’s clear that cyber threats and identity theft tactics are getting smarter, and that banks need to amp up their security practices to combat this evolution. Talk about a bad Monday.

Cyber Security 40

Cyber Security Security Fraud Software 40

PYMNTS

FEBRUARY 6, 2019

Reuters , citing cybersecurity researchers, reported that the attack was part of a global hacking campaign initiated by the Ministry of State Security in China aimed at stealing intellectual property and corporate secrets. But if I put on my paranoia hat, this could have been catastrophic,” he said in the report. “If

Software 123

Software Company Cyber Security Security 123

PYMNTS

JULY 28, 2019

This virus has disabled some of our technology systems and our central office phone system. The district staff reported this electronic viral attack to local law enforcement, state officials and the FBI. All available resources are being utilized to get the district systems back on line.

Louisiana 162

Louisiana Cyber Security Ohio Atlanta 162

PYMNTS

JUNE 30, 2020

The Innovation Hub was launched in 2019 as a way for central banks to collaborate on various innovative solutions to problems, PYMNTS reported. Another goal was the creation of new public goods to improve the world and to serve as launchpads for future innovation.

Innovation 148

Innovation Cyber Security New York Survey 148

PYMNTS

JANUARY 2, 2020

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan.

Cards 130

Cards blockchain Cyber Security Retail 130

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000. . $3

Data 202

Data Los Angeles Survey Cyber Security 202

Qudos Bank

FEBRUARY 15, 2024

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity.

Cyber Security 52

Cyber Security Fraud Security Online 52

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

JUNE 8, 2018

After problems with an information technology migration locked thousands of clients out of accounts at the U.K.’s s TSB , for example, the bank saw attempted fraud rise up to 70 times, Reuters reported. The news comes as TSB faces criticism as customers report funds stolen from their accounts.

social media 101

social media Cyber Security Fraud System 101

PYMNTS

DECEMBER 20, 2017

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. This week, news from Citigroup, UPS and Vanguard signal interest in using the distributed ledger technology in the back office.

blockchain 135

blockchain Cyber Security Groups Regulation 135

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

DECEMBER 6, 2018

Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. You need layers of security,” he noted. As Plesco pointed out, criminals have managed to steal credit bureau data, giving fraudsters an in when it comes to such theft. The antidote?

Fraud 133

Fraud Payments Security Cyber Security 133

CFPB Monitor

MARCH 8, 2019

The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments. The Safeguards Rule requires financial institutions to have a comprehensive information security program. Requiring periodic reports submitted to the boards of directors to ensure compliance.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

American Banker

NOVEMBER 17, 2023

The cybercriminals said a new SEC rule required loan software company MeridianLink to report last week's breach, but the rule does not take effect until next month.

Report 41

Report Groups Software Company 41

FICO

DECEMBER 2, 2019

These micro signals provide additional security risk indicators that are especially useful in evaluating small and medium-sized businesses. Cyber insurers all too frequently see the devastating impact that poor vendor risk management can have on an organization,” said Richard Spotswood, Head of Cyber & Technology at Barbican Insurance.

Cyber Security 52

Cyber Security Risk Management Security Software 52

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 is envisioned that activity-based regulation of payment service providers would build public confidence and encourage the use of electronic payments.”

Fintech 101

Fintech Cyber Security National Regulation 101

American Banker

NOVEMBER 7, 2023

The new rules also expand the use of "proven protections," such as multifactor authentication, according to Adrienne Harris, superintendent of the New York State Department of Financial Services.

New York 54

New York Report Payments Cyber Security 54

Cisco

APRIL 7, 2019

While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. 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.”

Trends 64

Trends Cyber Security Big Data Analytics 64

Qudos Bank

MAY 11, 2023

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity.

Cyber Security 40

Cyber Security Fraud Security Online 40

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

Cisco

OCTOBER 4, 2022

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. It includes network diagrams, data flow diagrams, business process flow and narratives.

Operations 118

Operations Software Risk Management Management 118

American Banker

JULY 24, 2023

One security researcher said the total number of consumers who had data stolen in MoveIt breaches exceeds 20 million, and more are expected to be reported.

Data 68

Data Security Report Cyber Security 68

American Banker

JULY 24, 2023

One security researcher said the total number of consumers who had data stolen in MoveIt breaches exceeds 20 million, and more are expected to be reported.

Data 66

Data Security Report Cyber Security 66

Jeff For Banks

JULY 3, 2021

May I see your profitability reports that show this? But in doing profitability reporting for decades, I feel comfortable saying that most commercial-focused financial institutions' most profitable customers are commercial real estate investors. I'm talking the docs, engineers, accountants, cyber security, et al.

Cyber Security 78

Cyber Security Community Marketing Report 78

Cisco

APRIL 7, 2019

While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. 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.”

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. In addition, organizations — those with a long view, at least — have long done cyberthreat assessments, a process centered around checking anti-hacking technology and the credibility of cyberattack response plans.

Exercises 151

Exercises Louisiana Cyber Security Tools 151

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. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Personalization of Customer Services.

Regulation 309

Regulation Industry Risk Management Analysis 309

FICO

DECEMBER 12, 2022

This technology is incorporated into FICO® Falcon® Fraud Manager. False Positive Reduction in Abnormality Detection System Models,” which covers technology for reducing the false-positive rate for transactions occurring at the same merchant and/or location where a consumer has transacted previously. Happy Holidays! Scott Zoldi.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

Bankelele

JANUARY 28, 2015

The annual World Development Report (WDR) is considered to be one of the most authoritative reports published by the World Bank and is widely read by policy makers in developing countries and anyone looking at development issues that affect the poor. WDR2016 looks at the how the internet for development.

Report 28

Report Cyber Security Comparison Innovation 28

Celent Banking

OCTOBER 12, 2016

Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns. Know what technology you want from your vendors; know what advice to seek from your consultants.

Risk Management 100

Risk Management Operations Management Security 100

The Banker Technology

AUGUST 19, 2016

The recent $81m cyber heist at Bangladesh's central bank was a wake-up call for financial institutions to improve their basic cyber security hygiene. Joy Macknight reports. But it also had profound implications for the soundness of the banking system as a whole.

Cyber Security 28

Cyber Security System Security Report 28

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. How confident do you feel in your ability to handle and mitigate the situation?

Mobile 102

Mobile San Francisco Tools Security 102

PYMNTS

JULY 7, 2017

Cyberattacks are never welcomed by any piece of technology. Late last month, reports surfaced of a “massive cyberattack” originating in Europe and quickly spreading to major corporations across the globe. Play Protect secures users from the family, and any apps that may have been infected with CopyCat were not distributed via Play.”.

Data 130

Data Google Groups cryptocurrency 130

FICO

JANUARY 18, 2023

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

Analytics 52

Analytics San Diego Regulation Compliance 52