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

CSO Magazine

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Insurance 106
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Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C. According to Buckley LLP , a financial services law firm based in Washington, D.C., As this is an ongoing criminal investigation, we can make no additional comment at this time.”

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PSD2 Regulation and Compliance

Thales Cloud Protection & Licensing

PSD2 Regulation and Compliance josh.pearson@t… Wed, 09/04/2024 - 23:44 The PSD2 directive is a cornerstone of payment legislation in Europe, designed to enhance consumer protection, foster innovation, and create a more integrated and secure European payment landscape. Initially, PSD2 was set to take full effect on September 14, 2019.

Banking 62
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FFIEC Updates Its Cybersecurity Guidelines For Financial Institutions

ForAllSecure

Therefore, the FFIEC provides guidance on financial regulations and best practices for federal supervisory agencies, as well as helping them develop exam policies for banks, savings associations, credit unions, thrifts, and other financial institutions.

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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.

Scams 361
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SiteLock Named To The 2016 Online Trust Alliance Honor Roll

SiteLock

Through its comprehensive study, it evaluates companies in three major categories: a company’s consumer protection, data and site security and adherence to responsible privacy practice. The Online Trust and Honor Roll Audit is the only independent online trust benchmark study. SiteLock can detect malware the minute it hits.