Sep 30, 2014 2:26:40 PM

BYOD and Financial Industry Technology Security: What You Should Know

BYOD and Financial Industry Technology Security: What You Should Know

Financial services have always been the last to adopt any sort of technology, due mostly to the significant regulations and risks associated with it. Most executives want to know that a new service is completely secure before stepping into it themselves. After all, they don’t want to become a cautionary tale. But with most organizations adopting cloud technologies and BYOD culture, and new applications being introduced to beef up security on BYOD devices, it finally looks like the financial industry is warming up to the idea of a more mobile environment. Here are a few financial industry technology security concerns that you should address if your organization is considering integrating BYOD into your culture.

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Sep 28, 2014 9:14:15 PM

Is the Cloud Secure Enough for the Financial Industry?

Is the Cloud Secure Enough for the Financial Industry?

Investors, bankers and financial planners have a responsibility to their clients to secure their personal and business financial information. It’s not just about good business practices; it’s the law. When your company reputation and livelihood is on the line, it’s important to have a full understanding of how any decision you make regarding the data of your customers and clients can affect security. For the most part, financial services companies have been hesitant to adopt cloud technologies, labeling it as not secure enough. Many principals find themselves asking the question, “Is the cloud secure enough for the financial industry?” There are a few factors at play in the discussion of cloud security for the financial industry.

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Sep 17, 2014 1:25:00 PM

Data Security in the Financial Industry: Lessons from Home Depot

Data Security in the Financial Industry: Lessons from Home Depot

Less than two weeks ago we all learned that Home Depot faced the largest data breach in retail history with 56 million customer credit cards compromised. While you might think that this could happen to anyone, the New York Times reported that the company was slow to adopt information security policies and took risks with customer data that most IT professionals recommended against, according to former employees of the Enterprise organization. According to the article, Home Depot was ignoring alarms as far back as 2008. If you’re looking for insight on how to handle data security in the financial industry, here are a few takeaways from the Home Depot debacle that you should take into account when handling sensitive customer information. 

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Sep 12, 2014 9:57:11 AM

5 Technology Trends for the Financial Industry

5 Technology Trends for the Financial Industry More

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