Cybersecurity

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As the financial services industry moves toward an ever-greater dependence on technology, we must always keep an eye on the future to ensure that any new technological advancement or implementation delivers the same, if not better, benefits and risk management capabilities. One emerging area that has garnered a lot of attention in recent years is Distributed Ledger Technology (DLT). While DLT holds great promise, there is currently no clear path around how to implement the technology in a way that addresses documented and evolving security risks.  

The National Cyber Security Centre – a part of GCHQ – has announced that Lindy Cameron will become its new Chief Executive Officer (CEO). Her role will include overseeing the organization’s response to hundreds of cyber incidents each year, improving the cyber resilience of the UK’s critical national infrastructure, identifying the risks and opportunities for the UK in emerging technologies and leading the NCSC’s ongoing response to the coronavirus pandemic.

Deloitte’s third edition of the “State of AI in the Enterprise” survey finds businesses are entering a new chapter in AI implementation where early adopters may have to work harder to preserve an edge over their industry peers.

The New York State Department of Financial Services (DFS) filed charges against First American Title Insurance Company for exposing customer bank account numbers, mortgage and tax records, Social Security Numbers, wire transaction receipts, and drivers’ license images. 

Cloud data protection and management company Druva has named Andrew Daniels as its new chief information officer (CIO) and chief information security officer (CISO).