Opus, the leading provider of global compliance and risk management solutions, today announced the integration of cyber-risk security ratings from BitSight, the Standard in Security Ratings, with its award-winning Hiperos 3PM Information Security Platform. The combination equips enterprises to thoroughly and objectively identify, assess and monitor the information security risk of all third parties (such as contractors, vendors and suppliers)... more Read more »
The vast majority of global banks are planning to integrate their regulatory workflow data. But keeping up to date with the fast pace of regulatory change, as well as staying compliant with changing regulations and adhering to respective regulatory deadlines, is hindering that move. Read more »
BlackBerry Limited (NYSE: BB; TSX: BB) announced today that it is collaborating with the Government of Canada to modernize their operations centers during G7 ministerial meetings and the 2018 G7 Summit. Read more »
TrustArc, a global provider of technology-powered privacy solutions for over 20 years, today announced the expansion of its partner programme, TrustArcConnect. The programme provides a major opportunity for partners with expertise in GDPR and privacy to capitalize on the post-GDPR ‘enforcement’ era, which TrustArc expects to be characterized by growing demand for privacy technology solutions that make organizations’ compliance activities far... more Read more »
Gemalto, the world leader in digital security, has enabled Belgian mobile ID scheme itsme® to enroll 350,000 users and securely process one million transactions per month for both private and public online services – making it one of the most successful mobile ID applications in Europe within one year of launch. Read more »
Age, job level and reporting procedures all correlate strongly with the propensity to commit expense fraud, according to data from Chrome River Technologies, Inc., a global leader in expense and invoice automation solutions. Based on a survey of more than 1,200 business travelers in the U.S., U.K. and Australia, conducted in April and May 2018, expense fraud could potentially cost American organizations $1.9 billion per year. Read more »
Temenos (SIX:TEMN), the banking software company, today expanded its leading financial crime mitigation product to include an AI-based Suspicious Activity Prevention solution protecting banks and their customers from fraud. Demand for financial compliance and the increasing levels of financial crime are putting huge pressure on banks. Their legacy processes have grown so complex with a high level of manual work for screening alerts and other... more Read more »
The new General Data Protection Regulation (GDPR) governing the collection, storage and use of data are coming into force soon and new research reveals that almost two-thirds of consumers (62%) said their confidence about sharing data with businesses is improved by the incoming laws. Highlighting the importance of communicating the benefits of the new laws to consumers in order to build long-term trust. Read more »
Kudelski Security, the cybersecurity division within the Kudelski Group (SIX:KUD.S) and trusted cybersecurity innovator for the world's most security-conscious organizations, today launched a managed security service focused on the protection of Operational Technology (OT) and Industrial Control Systems (ICS). Read more »
AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces the launch of its IFRS 17 solution, which offers an industrialised end to end process to efficiently address the highly intensive IFRS 17 requirements. Read more »
Palo Alto Networks, the next-generation security company, today announced that it has entered into a definitive agreement to acquire U.S.-based Evident.io, a pioneer and leader in cloud services infrastructure protection. Under the terms of the agreement, Palo Alto Networks will acquire Evident.io for a total purchase price of $300 million to be paid in cash. The acquisition is expected to close during Palo Alto Networks fiscal third quarter,... more Read more »
Lloyds Banking Group today launched a new £3bn investment in a three-year strategy to bolster its digital capabilities. The bank is driving capital towards technology and its staff to compete against an increasingly competitive backdrop of other traditional banks, challenger banks and fintechs.[1] Read more »
KOBIL Systems GmbH, a leading IT security company headquartered in Germany, presents a security solution that complies with the new Payment Services Directive 2 (PSD2) in time for the launch of the new directive. This will help banks and financial institutions to meet and successfully implement the strict requirements of the updated EU directive. The Dual 7 Layers of Security approach developed by KOBIL – which is the only one of its kind in the... more Read more »
Contego, the RegTech and compliance specialist, has been chosen by The Open Banking Implementation Entity (the ‘OBIE’), the body created by the UK’s largest personal and small business current account providers to create a better way to move, manage and make more of your money, to verify its users and to support the much-anticipated technological revolution that promises to give people greater control over their finances. Read more »
Silicon Valley analytics firm FICO today announced its partnership with Barbican Insurance Group (Barbican), a multi-platform insurance group that underwrites business predominantly through its syndicates at Lloyd’s of London, and which provides global cyber insurance coverage to its insureds. Barbican will use the FICO® Enterprise Security Score to measure the cybersecurity risk of insureds, and will also provide insureds with access to the... more Read more »
