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6 Reasons Financial Institutions Are Embracing Risk and Regulation Tactics

Perficient Digital Transformation

This blog post delves into the pivotal role these practices play in ensuring the stability and success of financial institutions and banks. Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. The Role of Regulatory Risk and Compliance 1.

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How to stay on the right side of the latest SEC cybersecurity disclosure rules for a data breach

IBM Services

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3% increase from 2020.

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How to implement the General Data Protection Regulation (GDPR)

IBM Services

The General Data Protection Regulation (GDPR), the European Union’s landmark data privacy law, took effect in 2018. Irish regulators hit Meta with a EUR 1.2 Learn how IBM Guardium® Insights can help streamline compliance reporting with preconfigured workflows for GDPR, CCPA, and other key regulations.

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New challenges for financial companies, how to solve them? 

Redial

This blog will delve into the most recent challenges financial companies might encounter this year and beyond and explore potential alternatives to address these challenges. Challenges in 2023 and Beyond For Financial Companies Regulatory Compliance Financial regulations continue to evolve, becoming more complex and stringent.

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Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Everest Group

However, this unprecedented growth has also raised concerns about the potential risks associated with the unchecked use of AI, prompting the need for regulations to ensure the responsible development and deployment of these powerful technologies.

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Navigating the Landscape: The Cost and Benefits of Generative AI Implementation | Blog

Everest Group

Explore the various costs and advantages associated with this technology in this blog, or get in touch to find out more. This technology can streamline operational processes, automate tasks, and enhance customer experience by fostering engagement through tailored experiences. Implementing robust security measures cannot be compromised.

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Strengthening cybersecurity in life sciences with IBM and AWS

IBM Business Partners

Life sciences organizations are developing science/research/commercial clouds to automate mundane tasks associated with each of the areas, such as logging, monitoring, auditing, patching, and integration with an existing toolset, to name a few.