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March 14, 2023

How Regulatory Intelligence Lets You See Around Corners

Regulatory intelligence involves monitoring, accumulating, and analyzing secondary research to anticipate developments in global legal and regulatory decisions and direction. Some might say it’s a pretty dry subject. But wait—don’t think of it as a stuffy topic only spoken of in boardrooms. Think of it instead as the superpower of seeing around corners. What if you were the prognosticator of...

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Tari Schreider

March 8, 2023

Is the Underground Ransomware Economy Headed for a Recession?

There are many key indicators pointing to an economic recession, whether it’s the World Bank cutting its outlook on 2023 global growth to 1.7% or the onslaught of layoffs. Regardless of the indicators, it sure feels like we’re in one. All this talk of recession made me wonder if the underground ransomware economy has been equally affected. Surely hackers must feel the pain of recession, right...

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Tari Schreider

March 1, 2023

What Is the Digital Operational Resilience Act (DORA)?

The financial sector is only healthy if it can withstand singular or simultaneous cyberattacks on participating entities. An increasing number of cyberattacks have given cause for concern throughout the EU that financial entities are subject to systemic and concentration risk owing to the interconnectivity of the financial markets and participants. To address these concerns, the European...

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Tari Schreider

February 24, 2023

Post-Quantum Cryptography Deconstructed

The cornerstone of every cybersecurity architecture is the encryption of data and network communications to prevent unauthorized access to sensitive information. If all other cybersecurity controls fail, encryption is always there to prevent unauthorized access to information. Encryption is so critical to the world's digital commerce that all cybersecurity rules, regulations, and standards...

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Tari Schreider

February 17, 2023

Is ChatGPT a Threat?

What Is ChatGPT? ChatGPT is a chatbot that conducts human-like conversations to answer questions and solve problems. OpenAI built this natural language processing tool on top of OpenAI's Generative Pre-trained Transformer 3 (GPT-3) family of large language models (LLMs) and fine-tuned it using supervised and reinforcement learning techniques. It launched on November 30, 2022, and it had 1...

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Tari Schreider

January 20, 2023

2023 Cybersecurity Trends You Need to Know About

As the economy transitions from post-COVID to prerecession conditions, a sea of change is washing over the cybersecurity industry. Changing economic conditions and evolving approaches to secure digital assets will create a frothy cybersecurity sea in 2023 for chief information security officers (CISOs) and other risk leaders at financial services firms. These changes will be good for some and...

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Tari Schreider

March 2, 2022

Are Financial Institutions at Risk From the Russo-Ukrainian Conflict?

A poignant example of concentration risk is the congregation of software development and IT service firms located throughout Ukraine. Just a few days ago, this risk was most likely not on anyone’s radar. The irony is major companies priding themselves on following robust risk management practices chose to conduct business in a country that has been in armed conflict for eight years. Some...

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Tari Schreider

February 1, 2022

Cybersecurity Trends to Look for in 2022

Cyberattacks were on the rise in 2021, as was the level of sophistication of these attacks. Bad actors used automated tools, social engineering, and compromised endpoints to their advantage; ransomware has become a common weapon of choice for crime rings. In fact, at least one large North American financial institution reported that its customers went from facing a handful of ransomware...

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Tari Schreider