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Case in point: taking stock of the CrowdStrike outages

CIO

What happened In CrowdStrikes own root cause analysis, the cybersecurity companys Falcon system deploys a sensor to user machines to monitor potential dangers. Akamai was not itself a CrowdStrike customer, but does use similar services from outside vendors to help protect its systems. What if theres an urgent security fix?

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Six steps to creating a successful IT strategy: A guide for CIOs

CIO

This means conducting a SWOT analysis to identify IT strengths — like skilled talent, relevant technologies, strong vendor relationships, and rapid development capabilities — and addressing weaknesses such as outdated systems, resource limitations, siloed teams, and resistance to change.

Strategy 200
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IT leaders on DOGE’s bold COBOL ambitions: Pure folly

CIO

Many IT leaders scoffed when they heard that Elon Musks US Department of Government Efficiency wants to rip out millions of lines COBOL code at the Social Security Administration and replace it within a matter of months. A major reason is because COBOL just works, particularly for transaction processing systems, McKenny says.

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How Apoidea Group enhances visual information extraction from banking documents with multimodal models using LLaMA-Factory on Amazon SageMaker HyperPod

AWS Machine Learning - AI

The banking industry has long struggled with the inefficiencies associated with repetitive processes such as information extraction, document review, and auditing. As a result, banks face operational challenges, including limited scalability, slow processing speeds, and high costs associated with staff training and turnover.

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Georgia bill could stifle the state’s booming cybersecurity community

The Parallax

A new bill winding its way through the Georgia state senate has cybersecurity experts on alert. As Senate Bill 315 is currently written, academics and independent security researchers alike could be subject to prosecution in Georgia alongside malicious hackers. Prosecutorial discretion covers everything.”.

Security 223
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Key Cybersecurity Considerations for Financial Institutions

Palo Alto Networks

Financial Institutions Are Facing Growing Security Challenges Financial organisations face unprecedented cybersecurity challenges that threaten their operations, reputation and customer trust. Together, Palo Alto Networks and IBMs experts share their top cybersecurity considerations in a new, compelling vodcast series.

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Copilot: an indispensable tool for banking security teams

CIO

The threat to banks from cyber crime is becoming increasingly complex, as state actors and criminal gangs become more adept at targeting vulnerabilities. A report by the Bank for International Settlements singled out the growth of cloud-based services and remote working as two of the primary drivers behind the heightened risk.

Security 165