Capital One/Forrester Study: Deploying Self-Service Data Strategies Is Fraught With Challenges

One challenge with self-service data strategies is increasing data trust and quality, according to this report. These strategies need to focus on technical and cultural goals. Continue reading Capital One/Forrester Study: Deploying Self-Service Data Strategies Is Fraught With Challenges

Report: Big U.S. Banks Are Stiffing Account Takeover Victims

When U.S. consumers have their online bank accounts hijacked and plundered by hackers, U.S. financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Continue reading Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Snowflake helps financial services organizations leverage data to drive business growth

Snowflake announced the Financial Services Data Cloud, which unites Snowflake’s platform governance capabilities, Snowflake- and partner-delivered solutions, and industry-critical datasets, to help Financial Services organizations revolutionize how the… Continue reading Snowflake helps financial services organizations leverage data to drive business growth

Snowflake helps financial services organizations leverage data to drive business growth

Snowflake announced the Financial Services Data Cloud, which unites Snowflake’s platform governance capabilities, Snowflake- and partner-delivered solutions, and industry-critical datasets, to help Financial Services organizations revolutionize how the… Continue reading Snowflake helps financial services organizations leverage data to drive business growth

Snowflake helps financial services organizations leverage data to drive business growth

Snowflake announced the Financial Services Data Cloud, which unites Snowflake’s platform governance capabilities, Snowflake- and partner-delivered solutions, and industry-critical datasets, to help Financial Services organizations revolutionize how the… Continue reading Snowflake helps financial services organizations leverage data to drive business growth

Courts order handover of breach forensic reports in trend welcomed by consumers, feared by defendants

In the past year, three judges have ordered companies that suffered data breaches to hand over internal forensic reports on how the incident happened — a trend that could lend new insights into incidents where consumers’ personal data is exposed, at the expense of companies that want to keep that information to themselves.  In July, a judge ordered the Rutter’s convenience store chain to deliver a forensic report on its data breach to attorneys in a class action suit brought by store customers. It was the kind of decision that could shed light on whether the company neglected cyber defenses leading up to a breach that affected customer credit card data at roughly 70 stores over the course of nine months.   A judge ruled in May 2020 that Capital One would need to provide a forensic report to attorneys for customers who sued the bank over a 2019 incident in […]

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As FireEye grapples with breach investigation, questions remain

FireEye’s announcement this week that hackers breached its systems has sent shockwaves through the cybersecurity community, raising new questions about how one of the most influential security firms in the U.S. grappled with an apparently state-sponsored attack. It also has triggered policy discussions about whether the U.S. government should do more to protect cyber industry titans like FireEye, one of the top cybersecurity firms in the world with customers that counts Fortune 500 companies among its clients. The hack adds FireEye to the list of cybersecurity companies that have experienced their own breaches, a roster stretching back to at least the beginning of the last decade. “This news has rocked the cybersecurity industry to our core, unlike anything since the RSA hack” from 2011, said Tom Bossert, president of Trinity Cyber and the former homeland security adviser to President Donald Trump. “It’s a pretty big deal.” FireEye revealed on Tuesday […]

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Continue reading As FireEye grapples with breach investigation, questions remain