Remove Assessments Remove Cybersecurity Remove Third Party Vendors
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MAS Warns Financial Institutions of Quantum Computing Cyber Threats

Fintech News

The Monetary Authority of Singapore (MAS) has cautioned financial institutions on the cybersecurity vulnerabilities introduced by the advent of quantum computing. Experts predict that the cybersecurity challenges posed by quantum computing will become a reality within the next decade.

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New York Wants To Be The Model For Cybersecurity Regulation

PYMNTS

New York’s financial regulator had a bold claim to offer over the weekend — she claimed that other states should use New York’s sweeping cybersecurity rules as a model for how insurers must protect their networks from hackers. They must also perform risk assessments in order to design a cybersecurity program particular to them.

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SenseOn: Confronting Modern Cyber Risks in Financial Services

The Fintech Times

David Atkinson , CEO of SenseOn , the cybersecurity firm, explains why financial organisations should understand vulnerabilities, defend against evolving cyber threats and how leveraging technology that can actively flag and isolate serious threats will decrease the damage. So what can firms do to better mitigate this risk?

Risk 59
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The Uncharted Territory Of M&A Cyber Risks

PYMNTS

According to experts, cybersecurity is becoming an increasingly difficult hurdle to clear during a merger. One of the largest security challenges of an acquisition stems from the risk exposure an acquiring company faces if it has not fully assessed the cybersecurity strength of its acquisition target.

Risk 65
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Lucinity Enhances AI Copilot Plugin to Help FIs Tackle Financial Crime

The Fintech Times

The copilot plug-in is system-agnostic, acting as one central copilot that can be used on top of all web-based enterprise applications, pulling data from any system including Customer Relationship Management (CRM) systems, case management systems, third-party vendors, and Excel documents.

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Keeping Third-Party Risk First On The Cybersecurity (Risk) List

PYMNTS

The news that hit Friday afternoon that malware and ransomware were racing across the globe at a breakneck pace, infecting computers at companies across verticals and causing havoc, brought cybersecurity to top of mind, yet again. . And yet, even as technology advances, one size does not fit all, the duo agreed.

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Back To Basics For SME Security

PYMNTS

Small businesses aren’t getting their cybersecurity strategies right, according to new evidence from researchers. Department of Commerce, acknowledged that cybersecurity may not be at the top of SMEs’ priority lists. And with consequences ranging from data theft to noncompliance penalties, the stakes are high.