As the number and complexity of regulations increase, so does the cost
of compliance, with an increasing volume of alerts, more extensive
investigations, and greater scrutiny on compliance practices. Regulators
increasingly lean on institutions not only to justify the rationale behind
AML model changes, but also...
Managing the cost of compliance is becoming an increasing concern for financial institutions. The dearth of experienced compliance professionals, the growing influence of big data, and escalating risk are contributing to the challenges these organizations face. There are proven strategies that can be executed to...
We are amid a data explosion that has created unique challenges and opportunities for organizations across industries. Mountains of machine data from disparate systems can make it difficult, costly and time intensive to manage and secure IT assets. But with the right solutions, organizations can reduce costs, optimize...
Better, stronger fraud-detection intelligence - that's the promise of the new 3-D Secure 2.0 protocol for digital merchants, networks and financial institutions. But what should organizations do to prepare? James Jenkins of CA Technologies weighs in.
The European Union's (EU's) General Protection Regulation (GDPR), which began enforcement on May 25, 2018, dramatically increases the penalties for failing to properly protect users' personal . The maximum fines that can be leveraged against an organization eclipse penalties that have been imposed in the past; they...
In January 2018, Financial Crime Enforcement Network (FinCEN) announced changes to the Suspicious Activity Report (SAR) form. Financial organizations currently subject to the FinCEN SAR eFiling will soon have to make major changes to comply with the new rules by January 1, 2019. The suspicious activity types that need...
Leading the latest edition of the ISMG Security Report: Cybersecurity expert Brian Honan provides insights on why organizations that are not yet compliant with GDPR need to focus on several key steps. Also: An assessment of the progress women are making in building careers in information security.
The European Union's new data protection enforcement is prompting a rethink about data handling in Australia, which has had a casual approach to privacy, says Brian Fletcher, Symantec's director of government affairs in Asia Pacific.
Leading the latest edition of the ISMG Security Report: Reports on the impact enforcement of the EU's General Data Protection Regulation, which began Friday, will have on the healthcare and banking sectors. Plus an assessment of GDPR compliance issues in Australia, which offer lessons to others worldwide.
The EU's General Data Protection Regulation, which will be enforced beginning May 25, has significant implications for how financial institutions worldwide handle customer data, says Brett King, CEO of Moven, an all-digital bank, who sizes up the challenges.
There are massive amounts of vulnerabilities that companies deal with on an ongoing basis - not everything is lost though. Organizations that use unpatched software face a race against the clock, with attackers regularly beginning to hammer new vulnerabilities just hours after new fixes or security alerts get released...
Time is running out. You've heard that costly penalties will be assessed for companies that have been slow to comply with GDPR in late May of 2018. But GDPR should not be viewed as only 'another regulation'. Coming to compliance with GDPR is an opportunity to build trust with consumers as it lays out the privacy...
At its core, compliance for HIPAA is simply about maintaining patient privacy by ensuring your users appropriately access and use patient data. Electronic Health Record (EHR) solutions provide detail around when patient data is accessed.
The challenge, however, is the lack of visibility into what users do with...
The need to strengthen enterprise authentication is almost universally acknowledged. Security professionals are quick to
look at two-factor and multi-factor solutions to accomplish the goal. Clearly, the addition of second and third factors addresses the need. However, in the process, security professionals often...
The beauty of the cloud is that it's possible to expand capabilities like short-term capacity or long-term backups quickly and without the costly infrastructure and additional employees associated with on-premise equipment.
Unfortunately, many organizations are discovering their cloud environments are unattended...
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