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TechnologyNew Payment Security Standards Update Fails to Convey a Sense of Urgency for Security
TechnologyThe Great Reassessment: Your Cybersecurity Strategy to Kick Start 2023
Top StoriesAsset Managers on Alert After ‘WhatsApp’ Crackdown on Banks
Top StoriesAsset Managers on Alert After ‘WhatsApp’ Crackdown on Banks
Culture Change: Why We Must View Regulations as an Enabler, Not a Blocker
Date: August 17, 2022
By Caroline Brady, head of compliance and MLRO at Access PaySuite. There have been some big cultural changes in the corporate world over the last 24 months. In the same way that flexibility and remote working have moved from being a perk to an expectation, we must turn our attention to an area that’s ripe...
Banks Have Eight Months to Bin Bad Writing
Date: August 17, 2022
With new guidance on comms from the FCA, and a recession looming, the days of firms being able to hide behind waffle and jargon are over, writes Katie Comery, Associate Creative Director at The Writer. Set your sights on April 2023. From then on, we’ll be seeing less optimizing efficiencies and streamlining assets. Less your...
Moving the Needle: New Sec Regulation Drives Cybersecurity Forward
Date: August 17, 2022
By Michael Brown, field CISO for financial services, Fortinet The U.S. Securities and Exchange Commission (SEC)’s proposed new rules regarding cybersecurity transparency and accountability for all public financial services institutions could have a widespread impact on cybersecurity culture in general. By focusing on board-level cybersecurity oversight and reporting, the SEC aims to bring cybersecurity to...
Overcoming the Risk of Relying on Email for Law Firms
Date: August 15, 2022
Reliance on email is a standard business practice in order to effectively communicate both internally and externally. This has proven to be of utmost importance as a majority of workforces have transitioned to hybrid working, but this, in turn, has also increased the size of the threat landscape – with cyber attackers targeting vulnerable workers...
China Regulator Says Alibaba, Tencent Have Submitted App Algorithm Details
Date: August 15, 2022
SHANGHAI (Reuters) – China’s top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group have submitted details of algorithms used in some of their products, complying with a drive by authorities to tighten oversight of platform algorithms. The rules are part of a broad regulatory crackdown by Beijing against its...
The Scope and Complexities of Risk Management in Financial Services
Date: August 12, 2022
By Renato Fazzone, FTI Technology With increasing digitalisation, banks and financial service providers are exposed to an increasing spate of risks. Cybersecurity threats are steadily rising. Data privacy authorities are ramping enforcement and the scope of sector-specific regulations are widening. In the financial services industry, many of these risks are heightened, adding significant complexity to...