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The Importance of Security and Compliance in Enterprise Applications

OTS Solutions

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO

As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy. Have you thought about what can be done with this device to enhance identity authentication?

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The Importance of Security and Compliance in Enterprise Applications

OTS Solutions

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

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Data security and privacy: The foundation of customer trust

CIO

Consider these scenarios that happen every day: Someone gains access to an agent’s desktop and views sensitive documents or information without proper authorization. A fraudster beats out Knowledge-based Authentication (KBA) to illegally obtain access to a customer’s account.

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AI startup Fourthline locks down $54M to bring better ID checks and compliance tools to the finance sector

TechCrunch

Fourthline’s technology currently encompasses around 200 checks, covering areas like examining ID documents, parsing biometric data, checking records for place of residence, verifying names against sanction lists and more. Some of these might be straightforward database checks, but others are very much complex moving targets.

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3 Keys to ensuring your cloud provider offers a sound cyber security strategy

CIO

In practice, that could mean firewalls protecting the cloud perimeter, then identity management tools (authentication, authorization, accounting, or AAA) to ensure only authorized users are allowed in. Zero trust can also apply to other cloud infrastructure, including servers, databases, and applications.)

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FDIC’s New Banker Engagement Site (BES): Improving CRA & Compliance Exam Communication

Perficient

Already reviewed by Perficient, BES provides a secure and efficient portal to exchange documents, information, and communications for consumer compliance and Community Reinvestment Act (CRA) examinations. The documents were generally minimally encrypted and therefore tended to contain non-confidential information.