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Disaster Recovery/Business Continuity
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Vendor management is becoming more important from a compliance standpoint as regulators scrutinize banks’ third-party relationships, and achieving that compliance begins with crafting a clearly defined contract.Be the first to comment
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Threat intelligence services are becoming an essential weapon in the enterprise security arsenal. Do you know how to choose one?
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Protecting important facilities and data centers is paramount for financial institutions during any natural disaster.
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Many financial institutions were able to communicate with customers through various channels about branch and ATM closures, and temporarily waiving fees.
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Compliance considerations and clear benefits in terms of recovery speed and cost are driving community banks to move their disaster recovery centers to the cloud. But some larger banks are hesitating to follow that path.
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Major U.S. banks said on Wednesday they had reopened more than half of the branches that were closed as Hurricane Sandy battered the U.S. East Coast earlier this week.
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U.S. stock exchanges are looking at opening on Wednesday after monster storm Sandy receded from New York, sources said, and the New York Stock Exchange is testing a new plan to help resume trading.
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Most branches in the Northeast and Mid-Atlantic U.S. are closed; disaster recovery plans in progress.
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Hurricane Sandy, the monster storm bearing down on the U.S. East Coast, strengthened on Monday after hundreds of thousands moved to higher ground, public transport shut down and the U.S. stock market suffered its first weather-related closure in 27 years.
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Angelo Valletta, SVP and CIO of Sun National Bank, is always ready for what's next, which helped the bank be the first in its market to offer mobile banking and a pioneer in the use of social media.
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The financial services industry's response to the terrorist attacks that tried to destroy it inspired and healed the public. Much has changed in 11 years.
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Jamie Dimon is one of the most successful, well-known and outspoken bank executives around. The JPMorgan Chase and former Bank One CEO is known not only for his executive prowess, but also his colorful quotes. Whether the subject is regulation, mortgages, the role of government in the financial system or any number of other topics, Dimon has provided financial reporters with many colorful quotes throughout the years. Here are some of his most memorable.
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In addition to covering physical data centers, branches, and ATMs, banks' disaster recovery and business continuity plans now have to cover digital and virtual presences as well. New technologies such as social networking, mobile and the cloud can help.
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The banking industry survived, the 9/11 terrorist attacks, only to be confronted in 2008 with the challenges of the global financial crisis. Both events, along with some key technology developments, shaped the financial services industry in which we work today.
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Since the attacks of Sept. 11, the financial services industry and government agencies have been sharing information and partnering to combat emerging threats.
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Bank of America, Citi, HSBC and Wells Fargo representatives say that they're set to weather the storm that's set to strike the east coast of the U.S. during the weekend.
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In the aftermath of Hurricane Irene, it's never too late to review and implement these 10 business continuity best practices.
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How is the financial services industry preparing for the worst?
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Bombs kill at least 13 in Mumbai, entire city is put on alert, according to Home Minister.
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Following the spring floods and tornadoes that affected the southeast, Regions Financial Corp. has made a disaster-preparedness site a permanent online feature for customers.
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Regulatory Enforcement of IT Security: The times demand a more aggressive approach to data security.
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CIO Bruce Livesay discusses the importance of planning ahead and employee management as the bank weathers severe storms.
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The Bronx Bombers are the latest group to leak customer data.
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Sony. Epsilon. Millions of customer's names, email addresses and other personal information have been exposed in April.
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An inside look at how Fiserv CRO Murray Walton communicated an IT threat to 19,000 company associates.
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