The Office of the Comptroller of the Currency (OCC) reported the key issues facing the federal banking system and the effects of the COVID-19 pandemic on the federal banking industry in its Semiannual Risk Perspective for Fall 2020.
Veterans have a lot of offer potential security roles and bring many intangibles to the table. Here are some tips that may help guide the hiring conversation and help envision where a veteran can help your company.
Maybe you already have a security information and event management (SIEM) service and you are looking for help managing it. Maybe you are thinking of buying a SIEM and concerned it might be too much to handle on your own. Or maybe you are using a managed security service provider (MSSP) and thinking of gaining more control of your data by working collaboratively in your SIEM rather than letting them do all the work. Here are the most common myths, along with the realities of co-managed security event management.
Authentic8 released the results of its 2020 Global Financial Crimes Survey, conducted in partnership with the Association of Certified Financial Crime Specialists (ACFCS).
Financial services institutions and banks around the globe face monumental challenges as they look to streamline service delivery for customer transactions, manage multi-party loan processes, collaborate on industry benchmarks and indices, and eliminate fraud and cybercrime. Historically the market has primarily relied upon manual approaches for sharing and managing transaction data. But advances in confidential computing (sometimes called CC or trusted computing), combined with federated machine learning (FML), are helping financial organizations better share data and outcomes, while alleviating many privacy and security concerns.
Companies need to tangibly improve employee well-being, particularly when it comes to their security professionals. Here are three measures security leaders can incorporate into their organization now, before employees hit a breaking point.
Telos Corporation, provider of cyber, cloud and enterprise security solutions, unveiled new findings from a survey conducted by independent research firm Vanson Bourne that highlights organizations’ ongoing struggle to keep up with IT security and privacy compliance regulations.
LexisNexis Risk Solutions released its LexisNexis Risk Solutions 2020 True Cost of Fraud Study: Financial Services & Lending for the United States and Canadian financial services and lending sectors.
Digital banking provides faster processing of financial transactions, more convenience, and a model that allows for the continuation of a financial industry even in the face of a pandemic. However, digital banking makes banks vulnerable to cyberattacks. Banks are now facing fresh security challenges that were brought on or affected by COVID-19. Here is what you need to know about them and how to protect yourself.
The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) recently issued a Risk Alert (the “Alert”) discussing cybersecurity observations from its examinations over time. The Alert did not state the time period of examinations included; however, OCIE has conducted several cybersecurity targeted exams over recent years.
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