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Four Hot Areas for AI in FinancialServices by Pure Storage Blog There has been a great deal of interest in artificial intelligence (AI) for financialservices recently—and for good reason. In our white paper, “ Shaping the Future: AI for FinancialServices ,” we delve deeper into these four areas.
Four Hot Areas for AI in FinancialServices by Pure Storage Blog There has been a great deal of interest in artificial intelligence (AI) for financialservices recently—and for good reason. In our white paper, “ Shaping the Future: AI for FinancialServices ,” we delve deeper into these four areas.
When it comes to the financialservices industry, data is even more important and valuable than in other industries. Security & the Financial Sector All Eyes On Storage And Backup It’s no secret that modern security is focused on data, particularly in the financialservices industry.
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We are excited to announce that PagerDuty is now an approved AWS FinancialServices Competency Partner. We’re looking forward to expanding our global reach and helping financialservices organizations accelerate their cloud migration and digital acceleration journeys. Becoming a trusted partner is no small feat.
When it comes to managing emerging risks from climate change, the financialservices sector has many mitigation strategies in place. But a recent analysis says the current techniques aren’t considering the most severe impacts to come.
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Operational Resilience for FinancialServices: A Perspective from the U.S. We took a global look at the subject of OR in our white paper, “ Strengthening Operational Resilience in FinancialServices ,” and two blogs that focused on requirements in Europe and APAC. Like nearly all efforts in the U.S., link] ²“ U.S.
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Four Hot Areas for AI in FinancialServices by Pure Storage Blog There has been a great deal of interest in artificial intelligence (AI) for financialservices recently—and for good reason. In our white paper, “ Shaping the Future: AI for FinancialServices ,” we delve deeper into these four areas.
Four Hot Areas for AI in FinancialServices by Pure Storage Blog There has been a great deal of interest in artificial intelligence (AI) for financialservices recently—and for good reason. In our white paper, “ Shaping the Future: AI for FinancialServices ,” we delve deeper into these four areas.
The emergence of RegTech solutions has been a lifesaver for many financialservices firms as the proliferation of data, increasing sophistication of bad actors, and ever-more complex regulatory requirements make compliance more complicated and more costly. Adopting new RegTech solutions isn’t without its challenges, however.
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Financialservices firms are rapidly adopting public cloud services because they recognize the potential for greater flexibility, scalability, cost management, and security than their existing solutions can offer. One way to address these limitations is through the utilization of Bare Metal as-a-Service, Powered by Pure.
The Convergence of Business and Cyber - Risk Management Through a Bigger Lens Where cybersecurity and operations converge as they increasingly do -- financialservices firms must view cyber risks as operational risks. Financialservices firms used to categorize cybersecurity risk as a technology issue.
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Episode 84: Solutions to FinancialServices Risks (in 15 Minutes) What are the main risks facing financialservices companies today? The past couple of years have been hard on financialservices companies. Vanessa breaks down the five main risks facing financialservices companies today.
Episode 84: Solutions to FinancialServices Risks (in 15 Minutes) What are the main risks facing financialservices companies today? The past couple of years have been hard on financialservices companies. Vanessa breaks down the five main risks facing financialservices companies today.
Episode 84: Solutions to FinancialServices Risks (in 15 Minutes) What are the main risks facing financialservices companies today? The past couple of years have been hard on financialservices companies. Vanessa breaks down the five main risks facing financialservices companies today.
Compliance is a fact of life for just about every company — especially in highly regulated industries such as healthcare, financialservices, and government. And while compliance is often under the mantel of legal, compliance, risk management, or other departments, IT is certain to be involved in any organization’s compliance efforts.
The post Like a Rubik’s cube: The journey to continuity and resilience in the financialservices industry appeared first on Fusion Risk Management. Fusion customers can also access Compass session recordings directly on Fusion Central.
Leaders need to understand the key pieces of regulation especially cybersecurity, data protection, and resilience impacting financialservices, because management is more involved than ever. Forecasting the compliance future : New technologies think AI are getting regulatory scrutiny.
5 Key Takeaways from the EU’s Digital Operational Resilience Act (DORA) by Pure Storage Blog In our recent white paper, “ Strengthening Operational Resilience in FinancialServices , ” we explore how operational resilience (OR) has emerged as one of the most important issues in the financial industry.
We’ve also built reference architectures for retrieval-augmented generation and vertical solutions for drug discovery, medical imaging, and financialservices applications that go well beyond core hardware and software.
However, the financialservices industry faces unique challenges relative to customer expectations. The Facts: FinancialServices Industry and Cyber Threats Year after year, cybersecurity research reveals the ugly facts. In 2020, the financialservices industry was the #1 most targeted industry for cyberattacks 2.
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The statistics are quite shocking, to say the least: According to the New York Fed , financial institutions are subject to as many as 300x more cyberattacks per year than any other sector. More than one-third of financialservices organizations surveyed by Sophos , a British security firm, were hit by ransomware in 2020.
Guest Bio: Luke Bird is an award winning business continuity and disaster recovery specialist working in global financialservices. . Links: Luke Bird Linkedin. Amazon- BlueyedBC – Business Continuity for Junior Professionals. .
Many financialservices firms have such vast hoards of data much of it unclassified legacy data that owning it causes more data governance challenges than the information is worth. Infobesity: How Much Data is Too Much?
Building on our 2021 roundtables where we examined how firms are revisiting their approaches to operational resilience , this March we gathered a community of executive leaders in financialservices to examine how firms are putting that thought into practice and adapting their culture, processes, and systems to build a more resilient tomorrow. .
To learn more, check out the PagerDuty FinancialServices web page. PagerDutys Gen AI assistant, PagerDuty Advance, goes a step further by analyzing incident timelines and generating detailed post-incident reviews with actionable insights for further review. This speeds up recovery and helps teams continuously improve.
As detailed in our white paper, Winning the Ransomware War in FinancialServices , ransomware attacks follow a typical life cycle pattern (before, during, and after) regardless of the attack type. The post Can Your Financial Institution Win the Ransomware War? If You Can’t Beat Them, Join Them (Sort Of).
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James has spent the majority of his career in the financialservices industry and has worked on risk events that have occurred all over the globe, whether it was civil unrest in Egypt during the Arab Spring or typhoons in the Pacific Rim.
Beyond financial impacts, failing to maintain operations during a crisis can severely harm your reputation and strain relationships with customers and vendors. For industries such as FinancialServices, Healthcare, Energy and Utilities, Telecom, and Manufacturing, disruptions can have far-reaching effects.
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James has served clients globally across nearly all industry types including manufacturing and distribution, financialservices, energy and utilities, medical research and pharmaceuticals, professional sports leagues, non-profit, consumer products, government, higher education and hospitality.
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James has spent the majority of his career in the financialservices industry and has worked on risk events that have occurred all over the globe, whether it was civil unrest in Egypt during the Arab Spring or typhoons in the Pacific Rim.
However, while quantum computing may still be in early stages of development, there are several other quantum technologies already in use that are relevant for CISOs in financialservices. Infinitely more powerful computers would transform our entire technology infrastructure, especially in financialservices.
This recognition reflects his pivotal role in strengthening NexusTeks position as a trusted IT partner and innovation leader for mid- to enterprise-level organizations in hospitality, financialservices, healthcare, biopharma, and other high-growth verticals.
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