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Showing Blog Posts: 1–10 of 12 tagged Financial Services

  • Bringing It All Together: NYS DFS, SWIFT, SEC and GDPR

    by Steven Grossman on April 26, 2018

    The Financial Services industry tends to be at the cutting edge of technology, and as a result, is often the group to be ahead of the curve of both its benefit and hazards. Whether it’s faster transactional processing in support of gaining even the slightest edge in trade execution or leveraging big data to gain unprecedented insights, financial services is the place to be. On the other hand, the…

  • Fast Detection of Breaches is ideal to keep Financial Data Safe

    by Salvatore J. Stolfo on April 10, 2018

    Malicious attacks targeting a company’s confidential financial data with the intent to make a profit is nothing new. What is disturbing, however, is the amount of time the hacker can go unnoticed, in some reported cases of breaches as long as months. In 2015, 32 Ukranian hackers made as much as $100 million by accessing financial earnings press releases stored at PRNewswire and other newswire…

  • New York Cybersecurity Regulations: An Important Step, but Still a Long Way From the GDPR

    by Tony Kontzer on March 29, 2018

    Leave it to New Yorkers to take a uniquely aggressive stand against cybercrime. Sure, the effort only protects one industry, but we have to start somewhere. As home to the world's greatest concentration of financial services firms, not to mention the most powerful stock exchanges on the planet, New York has a lot to protect. Which is why Gov. Andrew Cuomo in 2016 directed the state's Department…

  • Financial Services Organizations Are in Need of a Cyber Security Wake-Up Call

    by Tony Kontzer on July 7, 2017

    There's little to suggest that the money you've entrusted to the financial institutions you do business with is in jeopardy. But the data surrounding that money? That's another story. Financial services companies are braced for a period of continued and expanded cyber threats, and the really bad news is that many of them aren't prepared to withstand the onslaught. Recent surveys paint a picture…

  • Financial Cybersecurity Regulations Are a Win for Privacy

    by Tom Boyden on January 30, 2017

    Beginning this year, financial and insurance companies in the state of New York will have to comply with some of the country’s most stringent and far-reaching cybersecurity regulations. In September, Governor Andrew Cuomo announced the new rules, which are meant to protect consumers, companies, and our financial infrastructure from the growing threat of cyberattacks. The regulations in their…

  • Banking Apps Look to Balance Convenience, Security

    by Nathan Eddy on January 25, 2017

    Mobile banking technology is poised to become ubiquitous. Soon connecting with your banker via video will be as easy and commonplace as checking your account balance on your smartphone. In the not-so-distant future, customers will expect to always have the option to chat face-to-face with their banker either on a mobile app, from an ATM or at a kiosk or meeting room in the branch itself. With…

  • History is Repeating Itself (In a Good Way)

    by Feris Rifai on January 17, 2017

    History is repeating itself. Before Sarbanes Oxley passed in 2002, having a director that was a financial expert in the American corporate boardroom was not the norm. In fact, CFOs who were originally thought of as financial gatekeepers are more than ever before held accountable for the integrity, accuracy and traceability of the financial information presented to the board. Today, we all know…

  • IT Security Concerns Loom Large for Financial Sector in 2017

    by Nathan Eddy on January 11, 2017

    Today’s financial sector chief information officer (CIO) is in the midst of a radical technological evolution, driven by global digitalization, adoption of mobile and cloud technologies by consumers, and the need for faster implementation of information technology. In addition, IT leadership is tasked with achieving higher revenue through technology, while continuing to adequately address…

  • Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction

    by Ben Rothke on September 6, 2016

    Bitcoin is a topic that evokes a sort of whodunit to many people. Created by an international man of mystery named Satoshi Nakamoto, it leads many to think this is a protocol that lends itself to a John Grisham novel. Many even think Bitcoin is a government conspiracy. But none of that could be further from the truth. As in introduction, Bitcoin is a digital currency and payment system created by…

  • How Cybersecurity Impacts Customer Loyalty

    by Alisdair Faulkner on June 21, 2016

    When it comes to banking, e-commerce and other online activities, fraud is one of consumers’ top concerns. In fact, insights from a recent First Annapolis and ThreatMetrix consumer study showed that more than half of consumers (55 percent) are extremely concerned about the risks of banking and payments-related fraud, with 46 percent indicating their fraud concerns have increased in the past two…

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This document was retrieved from http://www.rsaconference.com/blogs on Mon, 16 Jul 2018 22:21:10 -0400.