Remove Banking Remove Profiling Remove Security
article thumbnail

It’s time to go paperless: are bank branches ready?

CIO

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Today’s rapidly rising rate environment is driving activity across the country’s 72,000 bank branches 2. Consider the following real-world scenarios. ●

Banking 391
article thumbnail

When voice deepfakes come calling

CIO

Intro: Time was, a call center agent could be relatively secure in knowing who was at the other end of the line. And if they werent, multi-factor authentication (MFA), answers to security questions, and verbal passwords would solve the issue. Often, bots are involved in this process.

Security 370
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 ways to deter phishing attacks in 2023

CIO

In fact, CIO has reported that it takes only a few minutes for experienced hackers to set up a social engineering attack against enterprises (and their managed service providers) that consider themselves to be secure and protected. Whaling: Emails sent to senior executives such as CEOs or CFOs as part of a high-profile targeting scam.

Banking 528
article thumbnail

Top Tools for Your Cloud Data Security Stack in 2023

Smart Data Collective

Cloud data security is a crucial aspect of safeguarding sensitive data stored in cloud environments from unauthorized access, theft, and other security threats. This entails implementing a wide range of robust security measures that can protect cloud infrastructure, applications, and data from advanced cyber threats.

Security 309
article thumbnail

What it takes to win your first CIO role

CIO

Through every career step, Brown was intentional in her choices, pursuing roles that filled in key competency gaps, stretched her outside of her comfort zone, and burnished the well-rounded profile now essential for top IT leadership. As the business world evolved and things changed, my list of what was needed evolved as well,” she says.

Win 488
article thumbnail

How TCS is helping to fight financial crime with AI and Microsoft Cloud

CIO

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. The stakes for financial organizations are growing as well. In 2021, U.S.

Alliance 396
article thumbnail

Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

Fintech analytics helps businesses in the financial and banking industry offer satisfactory services by: Enhancing View Of Customer Profiling. Big Data provides data that fintech companies can leverage to build customer profiles. Improving Security. Measure the ROI from delivering a great customer experience.

Banking 363