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Steps CIOs should take to protect customer data in Nigeria’s open banking systems

CIO Business Intelligence

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. And at its core is the need to secure customer data through a robust set of requirements. Traditional banking is fading away,” he says.

Banking 117
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5 challenges for securing the future

CIO Business Intelligence

Information security has been an intriguing part of our past, is a critical part of our present, and will be a defining factor in our future. The economics of security are clear: “There is no financial stability without cybersecurity,” writes Loretta J. Mester , President and CEO of the Federal Reserve Bank of Cleveland.

Security 129
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GeekWire Summit 2021 recap: Leaders and luminaries share insights at our annual conference

GeekWire

A big shout-out to Summit presenting sponsor Bank of America. Read all our full Summit coverage here , as well as stories from Business Insider , Bloomberg , CNBC , and Puget Sound Business Journal reporters. Video of all sessions will be viewable to registered GeekWire Summit attendees on-demand. Go here to register to view.

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Tech Moves: Gong president steps down; Intuit exec joins Nordstrom board; Common Room adds product leader

GeekWire

Wright joined the company’s board in March 2021 and stepped into the president role later that year. — Joseph Vincent left his position as chief legal officer of Moonstone Bank , the Washington state bank linked to failed cryptocurrency exchange FTX. She will rejoin the board.

Banking 79
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New CIO appointments in India, 2022

CIO Business Intelligence

Vakrangee, a Mumbai-based provider of banking and e-governance services, has appointed Prashanth Thakur as senior vice president and head of technology and digital. December 2021. Before that, he was the chief information security advisor at Microsoft India. . November 2021. September 2021. August 2021.

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4 methods to help CIOs manage cyber stress

CIO Business Intelligence

Similarly, a 2021 survey by ClubCISO revealed that stress levels significantly increased among 21% of respondents over the last 12 months, adding to mental health issues. In 2020, research found that nearly 90% of CISOs considered themselves under moderate or high levels of stress. Kerissa Varma. Encourage your teams to slow things down.

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Zero Trust Security for NIS2 compliance: What you need to know

CIO Business Intelligence

Over 100,00 organizations are expected to be impacted by Network and Information Security Directive (NIS2) cybersecurity standards that European Union (EU) member states must implement by October 2024. [i] 2, 223–231 (2021). i] S ievers, T. Proposal for a NIS directive 2.0: Cybersecur.