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The cyber security threat landscape in financial services

Insights on Business

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

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Indian Gov’t Drafts Plan For National Blockchain Applications

PYMNTS

India’s Minister of state for electronics and IT (MeitY) has announced that the government is drafting a national framework to expand the deployment of blockchain use cases. Dhotre added that the government is drafting an approach paper on the National Level Blockchain Framework. India has been embracing blockchain technology.

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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

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Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

This virus has disabled some of our technology systems and our central office phone system. The emergency declaration allows the state to access resources from the state’s national guard, technology office, state police and other organizations, according to a statement from the governor’s office.

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Disruptive technology will not kill banks

Jeff For Banks

Aside from the cyber security of it, let''s think of the implications from a corporate accounting system that wants to interact directly with the bank''s core. How long before those corporate accounting system providers strike a deal with some regional or national bank to provide seamless views to corporate customers?

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4 considerations for banking leaders concerned about cyber security

NCR

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world. Cyber Incident Response Plan.

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Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards

PYMNTS

RuPay is a payment network offered by National Payments Corp. In November , India’s Minister of state for electronics and IT (MeitY) announced that the government is drafting a national framework to expand the deployment of blockchain use cases. The new regulation went into effect on Jan. The fine for non-compliance is going to be ?5,000

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