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FFIEC Updates Its Cybersecurity Guidelines For Financial Institutions

ForAllSecure

On October 3, 2022, the Federal Financial Institutions Examination Council's ( FFIEC ) updated its 2018 Cybersecurity Resource Guide for Financial Institutions. The guide also serves as an educational resource on the latest security technologies.

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Embracing sustainable IT unlocks environmental, business, and financial benefits

CIO Business Intelligence

Cegal’s results include achieving a sustainable IT lifecycle model, a 58% improvement in data delivery speed, an 80-90% reduction in data center footprint, and near-100% uptime for business-critical applications. Ensure they deploy the latest technology and security features efficiently and with minimal maintenance concerns.

Financial 114
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US lawmakers advance bill to close loopholes in AI export controls

CIO Business Intelligence

The US-China Economic and Security Review Commission reported last year that China is using commercial AI advancements to prepare for military conflict with Taiwan,” bill co-author and House Representative Michael McCaul said in a statement. “We In response, regulatory bodies are crafting a complex array of laws and guidelines.

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Generative AI: Balancing security with innovation

CIO Business Intelligence

Slowing the progression of AI may be impossible, but approaching AI in a thoughtful, intentional, and security-focused manner is imperative for fintech companies to nullify potential threats and maintain customer trust while still taking advantage of its power. Keeping our AI approach interpretable and managing bias becomes crucial.

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Emergent Risks in 2019 Facing Financial Services

Galido

Information Technology Blog - - Emergent Risks in 2019 Facing Financial Services - Information Technology Blog. The security of financial information has always been a cause for concern. The data that the financial industry collects grows vastly every year. The preferred form of storage for financial data is in the cloud.

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Overcoming the Equation: Security = Friction

CTOvision

Why does security have to be so onerous? Is this password secure enough: Mxyzptlk? Now that’s secure – good luck remembering it! We’ve migrated to a userid-password society; as we’ve added layers of security, we password-protect each layer: PC (and now device), network, enclave, application, database, and storage (encryption).

Security 249
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Steps CIOs should take to protect customer data in Nigeria’s open banking systems

CIO Business Intelligence

And at its core is the need to secure customer data through a robust set of requirements. The regulations streamline how entities who handle customer banking information will secure their systems and share details within protected application program interfaces. Securing customer data.

Banking 109