A cyberattack targeting one of the largest banks in the U.S. that stops the processing of payments likely would have a major ripple effect throughout the financial system, according to a new report from the Federal Reserve Bank of New York.
For the FinServ industry, change is the only constant. New regulations are popping up everyday, along with customer expectations, competition, security threats or just, technology.
The FinServ industry must re-imagine existing data analytics strategies to capitalize on product innovation, risk optimization, improved...
The FBI has sent a letter to Apple asking for help in accessing encrypted data from two iPhones belonging to a deceased shooter. The bureau's move may be a prelude to another legal fight between the FBI and Apple over strong encryption.
Billions of internet-connected devices and the introduction of 5G are transforming the way cities and municipalities care for their citizens. However, this rapid digitization has made many crucial public services, previously isolated from the internet, new victims of attack. Increasingly backed by nation-states,...
How do hospitals' efforts to bolster information security in the aftermath of data breaches potentially affect patient outcomes? Professor Eric Johnson of Vanderbilt University discusses research that shows a worrisome relationship between breach remediation and the delivery of timely patient care.
Banking engagement is about to come full circle. Over the past few decades, banks have pushed customers to digital and self-service channels, with significant consequences. As customers take their transactions from the branches to the digital channels, banking has become less and less personal. Conversational Banking...
In the world of finance, the firms at the front of the pack are those that have the most data -- and know how to use it to their advantage. More so now than ever, the key to making informed and strategic investment decisions hinges on the accessibility of data and a firm's corresponding analysis capabilities. That's...
IBM Services helps its customers effectively plan, manage and migrate their applications to a hybrid multicloud environment. IBM Services commissioned Forrester Consulting to conduct a Total Economic Impact (TEI) study and examine the potential return on investment (ROI) enterprises may realize by using IBM Services...
As enterprises move beyond proofs of concept (PoCs) into large scale Internet of Things (IoT) deployments, service providers are helping enterprises identify, design, implement, and run IoT-enabled business operations processes, and also expand IoT's contribution to business value.
In Forrester's 27-criterion...
For two years, an attack group using Ukraine-based infrastructure has been creating hundreds of lookalike domains to target customers of 14 different Canadian banks via phishing attacks, security researchers at Check Point warn.
For the second time in recent months, federal regulators have slapped a healthcare provider with a HIPAA financial settlement in a case involving patients' rights to access their health information. Why is this an ongoing compliance problem?
The notorious Joker's Stash carder marketplace has recently listed for sale 460,000 records, including four "Turkey-Mix" batches that feature never-before-seen payment card data that traces to Turkey's 10 largest banks, says cybersecurity firm Group-IB.
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