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Credit Union Sues Fiserv Over ‘Baffling’ Security Lapses

PYMNTS

The lawsuit was filed on April 26, and the credit union said that its web platform, which is maintained by Fiserv, is “plagued with security vulnerabilities that affect the privacy of thousands of Bessemer’s members.”. Fiserv is a huge global company that provides critical software for upwards of 12,000 clients in 80 countries.

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Financial Crime Predictions 2021: More AI & Ransomware

FICO

One additional area where we expect to see an increased focus is cloud governance, as enhanced controls for security, data privacy, and operational resilience continue to expand. This is not to say that the Financial Crimes Enforcement Network has not already been busy issuing a flurry of proposed rulemakings and requests for comment.