75 Percent of Financial Institutions’ CISOs Plan to Ask for an Increase in Cybersecurity Investment
- 5 years 6 months ago
- Security and Compliance, Security
The Financial Services Information Sharing and Analysis Center (FS-ISAC), an industry consortium dedicated to reducing cyber-risk in the global financial system, said that some 73 percent of Chief Information and Security Officers (CISOs) of financial institutions plan to ask their organization’s Chief Financial Officer (CFO) for an increase in cybersecurity investments in the next year.
F-Secure to Launch a New Service to Protect Against Identity Theft During 2019
- 5 years 6 months ago
- Security and Compliance, Security
As massive data breaches continue to make international headlines and the Internet is an integral part of our daily lives, consumers are now grasping the risks they face. In a new F-Secure survey, 71% of respondents say they feel that they will become a victim of cyber crime or identity theft, while 73% expressed similar fears about their kids.* “These findings are absolutely staggering and show many people are seeing the damage of cyber crime... more
GDPR One Year on: the Battle to Stay Compliant is Picking up Pace
- 5 years 7 months ago
- Security and Compliance, Data
The 25th of May marks the first year anniversary of the disruptive EU-wide law which overhauled how businesses process and handle data. As the world’s strongest data protection rule, GDPR inflicts fines of up to €20m to businesses who fail to comply. In the past year, businesses in the EU have been fined €56m in total, however this has merely been labelled a ‘transition year’ by France’s national regulator SNIL, whilst countries focus on... more
TrustArc Research Highlights Privacy Attitudes One-Year After the GDPR Enforcement Date
- 5 years 7 months ago
- Security and Compliance, Risk Management
TrustArc, a leading data privacy management company, today announced new findings from an online study conducted by Ipsos MORI, a global research and consulting firm, on behalf of TrustArc. The survey polled individuals aged 16-75 in the UK about a number of issues surrounding the EU General Data Protection Regulation (GDPR) one year since it went into effect on 25 May 2018.
KnowBe4 Announced the Acquisition of CLTRe
- 5 years 7 months ago
- Security and Compliance, Risk Management
KnowBe4, the provider of the world’s largest security awareness training (SAT) and simulated phishing platform, today announced the acquisition of CLTRe —pronounced “Culture”— a Norwegian company focused on helping organisations assess, build, maintain and measure a strong security posture. CLTRe will continue to operate as an independent subsidiary of KnowBe4, and service customers globally.
Jefferies Group LLC Taps Behavox to Provide Compliance Supervision
- 5 years 7 months ago
- Security and Compliance
Behavox, an enterprise People Analytics software company that provides holistic employee supervision solutions, today announced that Jefferies Group LLC (“Jefferies”), the world's largest independent full-service global investment banking firm headquartered in the U.S. focused on serving clients for over 55 years, has selected Behavox to supply a premier Compliance Supervision platform for its global operations.
Acquirers Expect Highest Compliance Rates on Record, Annual Report Finds
- 5 years 7 months ago
- Security and Compliance
Sysnet Global Solutions, the leading provider of cyber security and compliance solutions, has established acquirers now hold higher expectations for compliance than they did 12 months ago.
United Bulgarian Bank Selects OneSpan to Help Fight Social Engineering and Mobile Malware Attacks
- 5 years 8 months ago
- Security and Compliance, Transaction Banking
OneSpan™, a global leader in software for trusted identities, e-signatures and secure transactions, today announced that United Bulgarian Bank (UBB) has deployed OneSpan’s Mobile Security Suite and Cronto technology to securely sign transactions and to protect the bank’s mobile banking application. This integration will help UBB meet PSD2 requirements related to strong customer authentication that come into effect September 2019.
AxiomSL Recognized for Exemplary Information Security Practices with ISO 27001 Certification
- 5 years 8 months ago
- Security and Compliance, Data Management
AxiomSL, the leading global provider of regulatory-reporting, risk and data-management solutions, today announced that it has received ISO/IEC 27001:2013 certification (known as ISO 27001). The certification covers AxiomSL’s core software and ControllerView® flagship product, its system development, professional and client support services and company operations. It also covers AxiomSL’s cloud-based solutions, operations and client support.
DTCC Outlines Path To Reduce Trade Failures and Increase Security
- 5 years 8 months ago
- Security and Compliance, Trading Systems
The Depository Trust & Clearing Corporation (DTCC) announced the release of a new paper addressing issues of trade failures in the institutional post-trade marketplace where greater technology adoption could help with growing problems in an era of cost pressures, heightened regulatory requirements, and increasing cyber security focus.
SIMAG Chooses TORA’s Integrated Trading and Portfolio Management System
- 5 years 8 months ago
- Security and Compliance, Cloud
Institutional trading and portfolio management systems provider TORA has today reported the successful implementation of its Order and Execution Management System (OEMS) and Portfolio Management System (PMS) at Systematic Investment Management AG (SIMAG) established in Zurich.
Banque Palatine, a subsidiary of Groupe BPCE, selects AxiomSL’s regulatory platform to meet AnaCredit reporting requirements in France
- 5 years 11 months ago
- Security and Compliance, Risk Management
AxiomSL, the leading provider of regulatory reporting and risk management solutions, announces that Banque Palatine, a subsidiary of Groupe BPCE, has selected AxiomSL’s strategic platform to comply with AnaCredit reporting requirements in France. AxiomSL will meet the bank’s objective of automating the complex process of AnaCredit reporting and ensure submission in a timely and efficient manner.
Renowned cybercrime journalist Brian Krebs announced as speaker at BSI International Cyber Resilience Exchange
- 5 years 11 months ago
- Security and Compliance
BSI’s global centre of excellence for Cybersecurity and Information Resilience today announced world-renowned cybercrime investigative journalist, Brian Krebs as a speaker at the BSI International Cyber Resilience Exchange. The Exchange takes place at The Convention Centre Dublin on 26 March 2019.
Nordea takes Open Banking beyond PSD2
- 6 years 1 week ago
- Security and Compliance, Banking
Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and integrate real-time data with their own systems and processes. It is the first offering from Nordea that moves beyond legal requirements in PSD2 and turns Open Banking into a commercially viable product.
Cappitech Integrates With Trax To Streamline MiFID II Transaction Reporting
- 6 years 3 months ago
- Security and Compliance
Cappitech, a leading provider of regulatory reporting and intelligence technology for the financial services industry, and Trax, a leading provider of capital market data, trade matching and regulatory reporting services, have entered into an agreement, which enables mutual customers to streamline their MiFID II transaction reporting.