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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Security Boulevard

With huge data volumes processed by the financial services sector, AI holds much promise for the industry. The post AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm appeared first on Security Boulevard.

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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member.

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Top 6 Compliance Management Tools for Financial Services

Centraleyes

The financial services industry is arguably one of the most highly regulated sectors worldwide. This is due to the sensitivity of the data handled, the potential for widespread economic disruption, and the industrys central role in global financial stability. Top Compliance Management Solutions for the Financial Sector 1.

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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Centraleyes

The financial industry is experiencing a gold rush of sorts with the integration of Artificial Intelligence (AI) technologies. With huge data volumes processed by the financial services sector, AI holds much promise for the industry. AI is a data-hungry beast, and banks produce a staggering amount of data these days.

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New York issues cyber insurance framework as ransomware, SolarWinds costs mount

CSO Magazine

Get the latest from CSO by signing up for our newsletters. ].

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CSO's ultimate guide to security and privacy laws, regulations, and compliance

CSO Magazine

4806 — An Act relative to consumer protection from security breaches. New York State Department of Financial Services, Cybersecurity Requirements for Financial Services Companies (23 NYCRR 500). Massachusetts Bill H.4806 Nevada Personal Information Data Privacy Encryption Law NRS 603A.

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Turning Aspiration into Action to Protect Financial Institutions

Thales Cloud Protection & Licensing

Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.