Blog

Featuring commentary from the editors of Bank Systems & Technology, as well as other bank technology industry experts.

What Constitutes a Data Breach for Banks?
July 26, 2013 @ 13:09 PM | By Deena Coffman- IDT911 Consulting

Many employees, even those who are technically savvy, do not recognize as reportable events the situations that commonly result in a data breach.

continued...



3 IT Tools to Drive Compliance
July 26, 2013 @ 09:42 AM | By Derek Schwartz- Seeburger

The back office can play a critical role in compliance efforts by demonstrating intent, fulfilling transparency obligations, and even proactively preventing regulatory violations.

continued...



How to Make Living Wills Work: A Big Data Solution to a Big Data Problem
July 23, 2013 @ 10:42 AM | By Mark Herman- Booz Allen Hamilton

Data lakes -- massive repositories of information that consolidate structured, unstructured, batched and streaming data into a single table -- could enable integration of different banks' living wills, providing transparency that would help identify hidden risks in the financial system.

continued...



How to Protect Your Bank From an Information Heist
July 19, 2013 @ 11:51 AM | By Jason Thompson- SSH Communications Security

While secure shell is widely considered the benchmark for data-in-transit security, the current threat landscape requires banks and other financial organizations to reconsider how they are managing access to their encrypted networks.

continued...



Innovation in Banking: What does the Future Hold?
July 12, 2013 @ 10:42 AM | By Bryan Yurcan

Banks are focusing on maximizing the value of the data they have.

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Getting the Customer Involved in Fraud Prevention
July 02, 2013 @ 10:59 AM | By Jonathan Camhi

Banks need to get their customers actively involved in their fraud prevention efforts as customers may be willing to switch institutions if they feel left in the dark about those efforts.

continued...



What Banks Need To Know About IFCPA
July 02, 2013 @ 08:50 AM | By David Pan- BankersAccuity

Starting July 1, Section 1244 of the Iran Freedom and Counter-Proliferation Act of 2012 (IFCPA) represents a significant expansion of activities and entities potentially subject to sanctions.

continued...






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