Stringent compliance rules and potential security breaches might make cloud seem too risky for financial services. Don’t overlook the benefits cloud providers can offer your firm. …read more Source:: Open Source S
Tag: financial
Phishing, ransomware are top cyber attacks on financial services firms
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•There’s been a massive increase in the number of cyber incidents reported to the regulator. But many are the fault of internal failures, not hackers. …read more Source:: Open Source S
Boards of Australian financial firms face tougher infosec rules from 1 July
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•Security really is a board problem for APRA-regulated entities as of Monday. …read more Source:: Open Source S
NBN unveils new chief financial officer
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•Former Austar CFO Philip Knox has been appointed as NBN’s new chief financial officer after Stephen Rue stepped into the CEO role in September last year. …read more Source:: Open Source S
Securities market participants face greatest financial cyber threat: BAE Systems
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•Criminals can create fake trading orders more easily when they’re communicated in unstructured faxes or emails, and when critical data in stored in spreadsheets. …read more Source:: Open Source S
Salesforce outlines Financial Services Cloud roadmap, single view of customer test bed
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•Salesforce’s Financial Services Cloud aims to bridge various integration points and technology and business silos to give customers a unified experience. …read more Source:: Open Source S
How Microsoft buries key numbers in its financial reports (and how to dig them out)
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•In its quarterly financial reports, Microsoft goes out of its way to avoid reporting detailed results for its Surface division. Fortunately, there are enough indirect results to figure out those …read more Source:: Open Source S
Exclusive: 61% of financial services companies will use AI this year
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•The financial sector is outpacing others in terms of artificial intelligence adoption, according to an Adobe and Econsultancy report. …read more Source:: Open Source S
Bank of Montreal, CIBC’s Simplii Financial report customer data breaches
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•The Canadian banks have reported being contacted by external ‘fraudsters’ claiming to have accessed information on an estimated 90,000 customers. …read more Source:: Open Source S
​Commonwealth Bank loses chief financial officer to Cayman Islands blockchain firm
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•Commonwealth Bank CFO Rob Jesudason will leave the country’s largest bank to lead Block.one as group president and chief operating officer. …read more Source:: Open Source S