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Home » Topics » Sectors » Banking/Finance/Insurance

Banking/Finance/Insurance
Banking/Finance/Insurance RSS Feed RSS

Portland oregon bans public and private use of facial recognition

Portland passes strict facial recognition technology ban

September 14, 2020

In Oregon, the Portland City Council passed legislation, which bans both city government agencies and private businesses from using facial recognition technology on the city’s grounds.


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human trafficking 2020 report numbers

Federal Human Trafficking Report show active human trafficking cases broken down by state

September 11, 2020

The Human Trafficking Institute rolled out the 2019 State Summaries, which provide an overview of federal human trafficking cases in all 50 states, the five U.S. territories, and the District of Columbia. While the number of forced labor cases has remained steady for a few years, the number of criminal sex trafficking cases as a nation has trended down since 2017.


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cyber security talent gap initiative

Cybersecurity Talent Initiative announces first class; calls for second class to reduce cybersecurity talent gap

September 2, 2020

Public and private sector partner to start reducing the cybersecurity talent gap and provide participants with up to $75,000 in student loan assistance.


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camera-cyber

Three ways banks can benefit from AI-powered IP cameras

Nathan Dinning headshot
Nathan Dinning
August 25, 2020

Banks, like other businesses, are taking precautions to make customers feel safe during the COVID-19 pandemic. Placing physical distancing markers on the floor, sanitizing ATMs, installing plexiglass partitions at teller booths and requiring scheduled appointments are just some of the ways financial institutions are mitigating risks for customers. Video surveillance can play a vitally important role right now, as banks look to ensure compliance with these new COVID-related safety measures. IP cameras with intelligent security analytics can help rapidly and accurately detect compliance issues, as well as other suspicious or atypical behavior. After all, banks must continue to monitor physical security even throughout the pandemic and today’s IP cameras with intelligent system-on-chip (SoC) technology can help lessen this burden with highly accurate notifications.


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Distefano

Glen Distefano named CISO at Sunz Insurance

August 20, 2020
Sunz Insurance has promoted Glen Distefano to chief information security officer.
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The Keys to the Treasury Kingdom

Mekotio banking trojan fakes security update, steals bitcoins, exfiltrates Google credentials

August 14, 2020

ESET researchers explored Mekotio, a banking trojan targeting Spanish- and Portuguese-speaking countries: mainly Brazil, Chile, Mexico, Spain, Peru and Portugal. Mekotio boasts several typical backdoor activities, including taking screenshots, restarting affected machines, restricting access to legitimate banking websites, and, in some variants, even stealing bitcoins and exfiltrating credentials stored by the Google Chrome browser.


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Devon Bryan

Devon Bryan named CISO for MUFG Union Bank

August 14, 2020
MUFG Union Bank announced that Devon Bryan has joined as Chief Information Security Officer (CISO).

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The Long and Winding Road to Cyber Recovery

A call for industry coordination around DLT security

stephen scharf
Stephen Scharf
July 28, 2020

As the financial services industry moves toward an ever-greater dependence on technology, we must always keep an eye on the future to ensure that any new technological advancement or implementation delivers the same, if not better, benefits and risk management capabilities. One emerging area that has garnered a lot of attention in recent years is Distributed Ledger Technology (DLT). While DLT holds great promise, there is currently no clear path around how to implement the technology in a way that addresses documented and evolving security risks.  


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joyce flinn

Joyce Flinn appointed to the Cyber Risk Institute Board of Directors

July 28, 2020
Joyce Flinn, Vice President and Information Security & Disaster Recovery Officer at First United Bank & Trust, has been appointed to the Cyber Risk Institute Board of Directors.
Read More
artificial intelligence

AI-enabled customer interactions more than double since 2018

July 17, 2020
Artificial Intelligence (AI) has gone mainstream when it comes to customer interactions, according to a new report from the Capgemini Research Institute.
Read More
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