Financial Services Industry (FSI)

The evolving rate of patch management and eISSU for financials

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The evolving rate of patch management and eISSU for financials

The ransomware threat has never been greater than it is today. Financial institutions process more digital transactions for more customers today than at any point in human history. The wealth that can be exploited through disruption in any large financial market is significant. Ransomware and malware have been areas of key concern by regulators in the past 24 months and updates to the Federal Financial Institutions Examination Council (FFIEC) and PCI DSS 4.0 now both…

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The evolving rate of patch management and eISSU for financials

Posted on by Admin
The evolving rate of patch management and eISSU for financials

The ransomware threat has never been greater than it is today. Financial institutions process more digital transactions for more customers today than at any point in human history. The wealth that can be exploited through disruption in any large financial market is significant. Ransomware and malware have been areas of key concern by regulators in the past 24 months and updates to the Federal Financial Institutions Examination Council (FFIEC) and PCI DSS 4.0 now both…

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Securing Catalyst Center: ISO Certified

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Securing Catalyst Center: ISO Certified

New security standards conformance for Catalyst Center highlights our team’s dedication to protecting your network and your data. As our customers continue their digital transformation, the security and trustworthiness of Cisco software solutions are critical – especially in the financial sector. Protecting against vulnerabilities in our software is part of our technology, our training, and our culture. Our recent certification for ISO 27001 and attestation for SOC 2 Type 2 compliance are shining examples. In…

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Boardroom Focus: Communications Compliance

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Boardroom Focus: Communications Compliance

Communications Compliance is Taking Center Stage in the Boardroom Within the modern governance landscape in financial services, communications compliance has emerged as a critical issue, spurred by the staggering fines for unmonitored communications that have surpassed $2 billion USD in the United States alone. In February 2024, an additional 16 firms faced SEC fines totaling $81 million, signaling a zero-tolerance stance by regulators against compliance violations. The Cisco and Theta Lake partnership, established in 2018,…

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Maintaining Digital Compliance with the PCI DSS 4.0

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Maintaining Digital Compliance with the PCI DSS 4.0

The Payment Card Industry data security standards have evolved since 2002 when the first version was released. The most recent update, version 4.0.1, was released in June 2024. This updates the PCI 4.0 standard, which  has significant updates to both scope and requirements. These requirements are being phased now and through March 2025. Cisco has been involved with PCI since the outset, having a seat on the board of advisors and helping craft the development…

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Consumer Industries at Cisco Live 2024

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Consumer Industries at Cisco Live 2024

Get ready to ignite your passion for innovation at Cisco Live 2024! We’re excited to bring together forward-thinkers from retail, financial services, hospitality, and sports, media, and entertainment from June 2-6 in Las Vegas. Engage with visionaries, discover innovative solutions and gain insights that will drive your industry forward. Elevate your vision and Go Beyond! Get started with a full list of industry sessions and activities At the heart of innovation and collaboration, Cisco Live…

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Four ways DORA compliance is an opportunity for financial services organizations to accelerate digital transformation

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Four ways DORA compliance is an opportunity for financial services organizations to accelerate digital transformation

This blog is co-authored by Greg Page, Pim Van Riet and Andy Merrick. Digital services now play a key role in the European economy. The potential catastrophic consequences of these services being compromised has driven the European Commission to introduce The Digital Operational Resilience Act (DORA). Supported by the right technology partner, financial service institutions (FSIs) can turn compliance into competitive advantage, while hardening operational resilience, across four key areas: Business continuity in the event…

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Recap from Singapore FinTech Festival

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Recap from Singapore FinTech Festival

This was my first time attending the Singapore FinTech Festival and I thoroughly enjoyed my time at the conference, chatting with colleagues, listening to sessions, and visiting booths. It was great to see financial services innovations in this part of the world which tends to be a leader as compared to my western centric view and experience of finance. The conference was started in 2016 by the Monetary Authority of Singapore and has been held…

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Shaping the Future of Finance: The Cisco and AWS Collaboration in EMEA

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Shaping the Future of Finance: The Cisco and AWS Collaboration in EMEA

The collaboration between Cisco and Amazon Web Services (AWS) in the Europe, Middle East, and Africa (EMEA) region—combining each company’s market leading strengths—continues to deliver impressive outcomes for our customers, notably within the Financial Services Industry (FSI). This success has not gone unnoticed, as demonstrated by two partnership accolades awarded in recent weeks. AWS named 2023 Cisco Co-sell Partner of the Year During Cisco Partner Summit 2023 in November, AWS was honored as the Cisco…

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It Takes Three to Make Hybrid Work Go Right

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It Takes Three to Make Hybrid Work Go Right

Now that financial services employees have sampled hybrid schedules, they want to keep that tune playing. A classic hip-hop song offers inspiration for making a mix of remote and in-person work succeed to the satisfaction of CEOs and employees alike. The keys are empowered associates, smarter workspaces, and technology that fosters collaboration while safeguarding networks and data. The 1988 hip-hop classic “It Takes Two” by Rob Base says, “It takes two to make a thing…

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