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Making Banking a More Effortless Experience

CIO Business Intelligence

Along with nearly every other industry, banking is facing greater competitive pressure than ever. As banks continue to face this reality, they’re also tasked with addressing a variety of rapidly changing issues, including those surrounding data protection, adoption of cryptocurrency, and anonymizing data (AI models). .

Banking 131
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Information security key to digital era business models

Computer Weekly

Security will become increasingly important as industries seek to collaborate and use each other’s capabilities to enable new business models, with the banking sector leading the way

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Trending Sources

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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 119
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Lost thumb drives bedevil US banking agency

Network World

banking regulator says an employee downloaded a large amount of data from its computer system a week before he retired and is now unable to locate the thumb drives he stored it on.

Banking 60
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NY regulation aims to raise bank security standards

Network World

Next week, New York State will begin a 45-day public comment period on its new financial industry cybersecurity regulation -- and, so far, security experts have a favorable view of the proposal. According to New York Gov. Andrew Cuomo, this is the first such regulation in the country.

Banking 60
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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 130
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How Should CIOs Handle More Cybersecurity Regulations?

The Accidental Successful CIO

to require banks to formalize their cybersecurity program. These proposed new laws would require some of the world’s largest banks to invest millions of dollars in cyber protections. These proposed new laws would require some of the world’s largest banks to invest millions of dollars in cyber protections.

Banking 140