Banking institutions can expect more cyberattacks, including threats from nation-states, as the U.S. elections draw near. So they must take adequate security steps - and clearly explain them to their customers.
In the past, just writing "privacy pro" on a business card could get you into the field. "That's not the case today," says the IAPP's Trevor Hughes, who details today's challenges for privacy professionals.
Charles Intriago says AML investments and controls need to be streamlined. And through a new association, Intriago aims to train a new kind of financial-crime specialist that is equipped to connect fraud-fighting dots.
People with good analytical backgrounds that understand regulatory compliance are in demand. Their counterparts - defenders of IT systems - will always be in demand.
"We need the tens of thousands that can manage those defenders and then we need 100,000 that are out there learning the trade, that are passionate...