The only constant for financial services institutions is change. Regulations are constantly shifting, along with customer expectations, competition, security threats, geopolitical trends or just, technology.
Financial services organizations need to reimagine existing data analytics strategies to capitalize on the...
Forty-three percent of all reported cyberattacks occur in the financial services industry.
The reason? Most obviously, banks are where the money is and where the keys to the kingdom literally are. Most cybercriminals and their cyberattacks are motivated by financial gain and espionage.
But the problem is even bigger...
Corporate security teams spend a large amount of their time and resources attempting to secure
their systems from outside cyberthreats - that is, from hackers who are external to the corporate
network. According to Verizon's 2019 Data Breach Investigations Report, almost 70% of confirmed
data breaches are...
Cyberattacks and data breaches cost the global
economy trillions of dollars annually, with some
forecasts estimating as much as $6 trillion annually by
2021.
To truly slow hackers down -- and to prevent
as much damage as possible before it ever happens
-- a more proactive approach to security is...
Despite the numbing buzz around artificial intelligence (AI) and machine learning (ML), it's more than abstract ideas and hypothetical applications. AI and ML are already powering tools that can give your business decision-making processes a massive upgrade. The technology is here, it's already proving itself in the...
IT monitoring technology is moving forward rapidly, thanks in large part to machine learning and predictive analytics. If you're still getting by with a legacy IT solution, you're missing out on a lot more than a shiny object. The benefits of a New IT approach are being proven every day.
Download your complimentary...
From protecting customer experience to preserving lines of revenue, IT operations teams are faced with increasingly complex responsibilities while being required to prevent outages that could harm the organization. Splunk IT Service Intelligence (ITSI) utilizes AI powered by machine learning to deliver a predictive IT...
In 2020, security information event management (SIEM) solutions will be far more than an information platform, expanding to include compliance reporting and logs from firewalls and other devices, as well as User and Entity Behavior Analytics (UEBA) - now considered an essential capability by Gartner. On top of that,...
Your machine data has a record of all of the activity that takes place across your infrastructure. It's become the single most valuable asset in the enterprise, as the secrets to business optimization lie within the scores of microtransactions, including the ability to detect, investigate and respond to threats. And...
Now more than ever, chief information security officers (CISOs) are expected to weigh in on board-level decisions. In an increasingly competitive landscape, business acumen has become just as important as technical know-how, and executives rely on the CISO to map security programs to business objectives to promote...
From there to here, from here to there, types of fraud
are everywhere.
Fraud is responsible for billions of dollars of loss every year and accounts for 85 percent of all security breaches - and it can all start with a phishing email from a friendly prince, otherwise known as a 419 fraud.
In this children's book,...
The 2019 iovation Financial Services Fraud and Consumer Trust Report provides an in-depth analysis of the trends transforming the Financial Services industry in 2019 and explores how businesses can stay relevant and profitable in 2020.
In this report, we address three market drivers in financial...
The Sophos 2020 Threat Report is out, and among the key findings: Ransomware attackers continue to leverage automated active attacks that can evade security controls and disable backups to do maximum damage in minimal time. John Shier of Sophos analyzes the trends that are most likely to shape the 2020 cybersecurity...
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An ever expanding attack surface, compounded by myriad connected devices is setting the stage for a whole new era of fraud in the financial services industry. Fraudsters continue to exploit the troves of PII available on the dark web to create fake credentials, with...
Opening an account digitally, either online or through a mobile device: It's how the vast majority of your customers want to start their relationship with you and it's where you want that relationship to begin. It's efficient, cost-effective, and a necessity in today's culture.
To address the aggressive adoption of...
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