Erwood Group

MARCH 30, 2023

While the Bank itself bears the bulk of the responsibility for its own demise, in this article we are going to look at the multiple factors leading to the collapse of Silicon Valley Bank. Formed in 1983, Silicon Valley Bank (SVB) was founded to provide financial services to startups, venture capitalists, and technology companies.

Banking 59

Banking Impact Analysis Risk Management Marketing 59

Pure Storage

NOVEMBER 3, 2023

Active-active vs. Active-passive: Decoding High-availability Configurations for Massive Data Networks by Pure Storage Blog Configuring high availability on massive data networks demands precision and understanding. Now, let’s dive into Active-active vs. Active-passive. What Is Active-active?

High Availability 52

High Availability Activation Failover Telecommunications 52

Pure Storage

MARCH 4, 2022

As disruptors flood the investment banking market unburdened by the same weight of regulations that govern the sector, established players are realizing that they will either live or die by the capabilities of their IT infrastructure. Like many established financial giants, the bank has a huge virtual infrastructure.

Banking 59

Banking Failover Marketing Strategic 59

LogisManager

FEBRUARY 10, 2022

What Is Reputational Risk For Banks. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks. What is Reputational Risk Management in Banks? Risk management is an essential piece of any bank’s operations.

Banking 52

Banking Risk Management Strategic Evaluation 52

Fusion Risk Management

NOVEMBER 19, 2024

A notable incident in 2018 involved a significant IT failure at UK bank TSB, prompting detailed reviews by UK regulators. The Prudential Regulation Authority (PRA), Bank of England (BoE), and Financial Conduct Authority (FCA) jointly issued stringent regulations to mitigate systemic risks and contain potential crises.

Resilience 59

Resilience Banking Vulnerability Crisis Management 59

AWS Disaster Recovery

JUNE 3, 2022

Example Corp provides banking services like credit balance checks to consumers on multiple digital channels. Example Corp operates several business-critical services, such as the ability for consumers to make bank payments, that have very low tolerance for disruptions. P5 – Multi-Region active-active. Trade-offs.

Resilience 128

Resilience Architecture Disaster Recovery Banking 128

LogisManager

OCTOBER 31, 2023

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. This includes business units, departments, and individuals directly responsible for managing and executing processes and activities that generate risk.

Risk Management 105

Risk Management Audit Management Banking 105

Zerto

MAY 24, 2023

Using early detection to protect your IT infrastructure against ransomware is much like guarding a bank vault. At a bank, there are security guards who periodically patrol the area as well as security cameras, which are periodically viewed to monitor any suspicious activity.

Banking 101

Banking Alert Cyber Resilience Activation 101

NexusTek

APRIL 19, 2023

Recent research focusing on threat activity in 2022 revealed that distributed-denial-of-service (DDoS) attacks have become the biggest threat to financial services businesses. Getting a sense that their bank, lender, or investment firm has weak security can drive customers to close their accounts and switch to a competitor.

Financial Services 98

Financial Services Security Banking Cybersecurity 98

PagerDuty

FEBRUARY 13, 2025

Example: Financial Services Banks and financial institutions face strict regulatory requirements for uptime. But heres the controversial part: Organizations not actively pursuing these strategies in 2025 risk more than inefficiencythey risk negligence. Cybersecurity investments : Cyberattacks are becoming more frequent and costly.

Outage 71

Outage Manufacturing Disaster Recovery Resilience 71

Fusion Risk Management

SEPTEMBER 29, 2021

Are you ready for the new Bank of England, PRA, and FCA regulatory requirements? Resilience dominates the agenda for organisations globally. Continuity and excellence in service of customers has increasingly become the new standard for success.

Financial Services 98

Financial Services Banking Capacity Activation 98

Zerto

OCTOBER 10, 2023

With the holiday season approaching, business and consumer activity is expected to surge—and so are cyberthreats. Monitoring and Intrusion Detection Securing your digital assets is like safeguarding a bank vault, where monitoring external threats alone is insufficient. You also need to observe internal activities.

Cybersecurity 108

Cybersecurity Response Plan Backup Disaster Recovery 108

FS-ISAC

SEPTEMBER 8, 2021

Cyber threat activity is at an all-time high. One way we are helping to solve this problem at Bank of America is to focus a piece of our recruitment and retention efforts on neurodiversity. Yet we are facing an acute talent shortage; the industry effectively has negative unemployment. Seeing Different Signals in the Noise.

Banking 145

Banking Cybersecurity Malware Financial Services 145

NexusTek

DECEMBER 8, 2021

With a reliable brand name like JBL, the Tune 750BTNC are easy to use and feature strong active noise cancellation at a budget-friendly price. Empower your colleagues and loved ones this holiday season with portable power banks so that they can take charge(s) wherever they go. Make a Call. Nowadays, basically everyone has a phone.

Banking 98

Banking Travel Activation Technology 98

LAN Infotech

DECEMBER 12, 2021

That’s why you need to be watchful of any suspicious activity. They usually send unsuspecting emails asking for sensitive details such as your banking information. Therefore, avoid public Wi-Fi as much as possible, especially when logging into sites containing your personal details or checking your bank account.

Banking 105

Banking Media Retail Activation 105

Pure Storage

JULY 9, 2024

Among the prime customers to use the Managed Container Services platform was a large German bank with outdated infrastructure, including a legacy Red Hat OpenShift container platform that was nearing the end of its support lifecycle. DXC Technology’s platform provided a much-needed upgrade with optimal performance and security for the bank.

Technology 69

Technology Banking Disaster Recovery Failover 69

LogisManager

AUGUST 1, 2023

Protection of Member Data Align with industry standards and best practices Proactive Risk Management Maintain Strong Reputation and Trust Continuous Improvement We highly encourage your credit union's active participation in the ISE 2023, as it can bolster your security defense and enhance overall resilience against cyber threats.

Risk Management 96

Risk Management Banking Mitigation Activation 96

LogisManager

JANUARY 14, 2025

For example, financial institutions like banks must protect their customer data or they face fines. Automated alerts can tell you when there’s unusual activity so your team can get to work. Understanding the main BTA risks lets risk managers use proactive strategies and tools to address gaps.

Mitigation 52

Mitigation Risk Management Audit Backup 52

FS-ISAC

OCTOBER 24, 2023

Now they can leverage AI, which makes it even more difficult for customers to recognize suspicious sites or activities. It’s challenging to keep customer’s data and money safe, while ensuring they have access to banking services when they need it. Rising Agility of Fraudsters Fraudsters respond very quickly to changing situations.

Banking 59

Banking Activation Communications Application 59

PagerDuty

MARCH 28, 2022

This year, Vibe is bringing to life a different PagerDuty value each quarter through a combination of fun social activities that continue to tie in elements of giving back. There will be virtual concerts, contests, hands-on activities, and opportunities for the whole family to get involved, like Bring Your Child to Work Day.

Activation 98

Activation Banking Communications Management 98

Solutions Review

SEPTEMBER 8, 2023

The State of Storage and Backup Vulnerabilities The fact is that hundreds of active security misconfigurations and CVEs currently exist in various storage and backup systems. Using the Wrong Tools There are scores of vulnerability scanners, patch management, and configuration management systems in existence. From there, they can wreak havoc.

Cyber Resilience 105

Cyber Resilience Backup Resilience Vulnerability 105

Erwood Group

JANUARY 3, 2023

Though not all sites on the dark web are for criminal activity, It’s a key area of the world wide web for criminals and illegal activity, making it attractive to people who want to keep their identities and data secure from others. Though not all sites on the dark web are used for illegal, illicit, or criminal activity.

Banking 59

Banking Internet Activation Malware 59

Pure Storage

MARCH 25, 2024

Joining Pure—A Double Bank Shot into the Pocket Kelly knew Pure was the right place for her, because, when she joined, it was still in its heady pre-growth stage, so it was just the challenge she was looking for. So we’re doing all of that activity in my organization.” Pure was only five years old when Kelly joined.

Logistics 119

Logistics Strategic Banking Activation 119

Online Computers

NOVEMBER 30, 2023

To help prevent identity theft, follow these strategies: Create strong and unique passwords Passwords are typically used to protect email, banking, and social media accounts. Be cautious about sharing sensitive information online, such as your bank account and Social Security number. Drop us a line to learn more.

Banking 52

Banking Malware Alert Internet 52

Pure Storage

SEPTEMBER 5, 2023

Remember those bank vaults that can’t be opened on a whim because they have a timer to prevent would-be robbers from cashing in? This change makes it easier to manage SafeMode snapshots and enables more granular control over what data is protected with SafeMode rather than managing this setting at the array level.

Capacity 105

Capacity Banking Activation Management 105

Security Industry Association

OCTOBER 19, 2022

In a retail or service setting such as a bank or hospital, AI can help with personnel management by analyzing video surveillance and access control to determine the peak level of activity for employees and customers. Some people are even starting to attach these devices to their suitcases when they fly.

Security 98

Security Technology Hospitality Retail 98

FS-ISAC

SEPTEMBER 8, 2021

The low barrier to entry and ability to quickly conduct cross-border transactions made me think digital assets were nothing more than a medium for illicit activity. We now understand that illicit activity makes up around 1 percent of all cryptocurrency transactions through our research. There are two different types: hot and cold.

Banking 52

Banking Cybersecurity Internet Marketing 52

LogisManager

OCTOBER 31, 2023

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. This includes business units, departments, and individuals directly responsible for managing and executing processes and activities that generate risk.

Risk Management 52

Risk Management Audit Management Banking 52

NexusTek

APRIL 19, 2023

Recent research focusing on threat activity in 2022 revealed that distributed-denial-of-service (DDoS) attacks have become the biggest threat to financial services businesses. Getting a sense that their bank, lender, or investment firm has weak security can drive customers to close their accounts and switch to a competitor.

Financial Services 52

Financial Services Security Banking Cybersecurity 52

NexusTek

MAY 12, 2021

With nearly 70% of millennials utilizing mobile banking applications and 361 million people sending money via Paypal , server downtime in the finance sector is intolerable. Heres why banks and financial institutions need managed IT to keep customers satisfied. In a Which?

Banking 52

Banking Management Financial Services Outsourcing 52

Security Industry Association

JUNE 29, 2023

Nonetheless, our preeminent distinguishing factor is the active priority of intelligence requirements (PIR) methodology that sets us apart from our competitors. Our active PIR approach governs that every newly acquired intelligence for a project or a client must contribute to the primary intelligence collection plan.

Logistics 98

Logistics Security Mitigation Travel 98

Reciprocity

OCTOBER 7, 2024

For these reasons, it’s critical to develop a strong payroll process, identify any risks, and implement robust control activities to mitigate those risks. Separate Bank Accounts A separate bank account for payroll reduces the number of company assets at risk. A dedicated payroll account also simplifies audits.

Audit 52

Audit Banking Authorization Mitigation 52

Fusion Risk Management

APRIL 5, 2023

The Impact of Ineffective Resilience Capabilities is Severe Imagine a bank that experiences a catastrophic outage in its IT systems , preventing customers from accessing their accounts for several days. This is exactly what recently happened with TSB Bank and Applied Materials. million customers.

Resilience 59

Resilience Banking Strategic Vulnerability 59

Reciprocity

OCTOBER 8, 2024

Multiple checks and balances deter employees from fudging financial information and indulging in fraudulent activities and accounting behaviors. Control activities to address the risks that have been identified. For example, record-keeping, authorization, and review activities should be divided among different employees.

Audit 52

Audit Banking Authorization Activation 52

Reciprocity

OCTOBER 8, 2024

Multiple checks and balances deter employees from fudging financial information and indulging in fraudulent activities and accounting behaviors. Control activities to address the risks that have been identified. For example, record-keeping, authorization, and review activities should be divided among different employees.

Audit 52

Audit Banking Authorization Activation 52

NexusTek

DECEMBER 8, 2021

With a reliable brand name like JBL, the Tune 750BTNC are easy to use and feature strong active noise cancellation at a budget-friendly price. Empower your colleagues and loved ones this holiday season with portable power banks so that they can take charge(s) wherever they go. Make a Call Nowadays, basically everyone has a phone.

Banking 52

Banking Travel Activation Technology 52

Security Industry Association

FEBRUARY 27, 2023

About IDEMIA IDEMIA, the global leader in Augmented Identity, provides a trusted environment enabling citizens and consumers alike to perform their daily critical activities (such as pay, connect and travel), in the physical as well as digital space. Securing our identity has become mission critical in the world we live in today.

Security 98

Security Government Publishing Marketing 98