IBM, shared an update PostedMonday, June 17, 2024 at 1:21 PM Financial institutions are increasingly turning to artificial intelligence (AI) to improve efficiency, enhance customer experience, and drive innovation. However, implementing trustworthy and secure AI at scale presents unique challenges to the financial sector due to the sensitivity of financial data, the importance of regulatory compliance, and the need to maintain high levels of security and reliability. Read More Financial institutions are increasingly turning to artificial intelligence (AI) to improve efficiency, enhance customer experience, and drive innovation. However, implementing trustworthy and secure AI at scale presents unique challenges to the financial sector due to the sensitivity of financial data, the importance of regulatory compliance, and the need to maintain high levels of security and reliability. While there are numerous industry guidelines (NIST, MITRE, EU, etc.) that outline the risks associated with Gen AI, a comprehensive, actionable approach is needed to guide financial institutions in developing and managing those concerns associated with Gen AI systems. Co-developed with the members of the IBM Financial Services Cloud Council, the Generative AI Controls Framework: A safe, secure, and compliant AI adoption approach represents that comprehensive approach to identifying Gen AI specific risks and associated controls at each layer of the AI tech stack in order to build, deploy, and manage AI systems that are secure, trustworthy, and transparent. This whitepaper provides a detailed overview of the framework and offers practical guidance for implementing it in various GenAI applications. Download: Generative AI Controls Framework: A safe, secure, and compliant AI adoption approach IBM is committed to enabling enterprises’ end-to-end data and AI platforms at scale in a trusted and secure manner while creating productivity and competitive advantages. As part of that commitment, IBM is implementing the ability to monitor and govern this Generative AI Controls Framework in solutions such as IBM Cloud Security and Compliance Center (SCC), watsonx.governance, and IBM OpenPages. Finally, to learn more about how IBM is creating a new standard for secure and risk-centric cloud computing, please visit IBM Cloud for Financial Services. ibm.biz Read Less
IBM, shared an update PostedWednesday, May 22, 2024 at 12:10 PM Mastering Time Synch for Data Integrity in the Cloud with John Schlesinger of Temenos and Richard Hoptroff of Hoptroff. What role does time synchronization play in integrity when moving workloads to the Cloud? In this episode, we take a deep dive into a critical topic that is often overlooked in cloud computing: We're talking about time - the importance of synchronized clocks for data integrity,... Read More Mastering Time Synch for Data Integrity in the Cloud with John Schlesinger of Temenos and Richard Hoptroff of Hoptroff. What role does time synchronization play in integrity when moving workloads to the Cloud? In this episode, we take a deep dive into a critical topic that is often overlooked in cloud computing: We're talking about time - the importance of synchronized clocks for data integrity, and why we should pay special attention to this when we move workloads to the cloud. This episode brings together experts from two of our ISV partners, John Schlesinger of Temenos and Richard Hoptroff of Hoptroff, highlighting the importance of solid ecosystem relationships in managing operational resilience. Our host is Anne Leslie CISM CCSP, IBM Cloud Risk and Controls Leader for Financial Services. Watch here on the IBM Financial Services Cloud Council and Forum Community: https://ibm.biz/BdmbR9 To learn more, join the IBM Financial Services Cloud Council and Forum Community: https://ibm.co/3yArwOs www.youtube.comYouTubewww.hoptroff.comHoptroff | Traceable Time as a Service | Precision Time Protocol | IEEE 1588 TechnologyHoptroff is a global, secure, and resilient IEEE1588 precision time protocol and a PTP/NTP time synchronisation service application.ibm.biz Mastering Time Sync for Data Integrity in the Cloud | Ep003| Banking on the Cloud Podcast Read Less
IBM, shared an update PostedFriday, May 10, 2024 at 10:23 AM Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector U.S. Department of the Treasury In March, as a response to Executive Order (EO) 14110, Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence, the U.S. Department of Treasury released the Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial... Read More Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector U.S. Department of the Treasury In March, as a response to Executive Order (EO) 14110, Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence, the U.S. Department of Treasury released the Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector report. The report highlights the current state of AI usage, best practices, and challenges & opportunities. The IBM Cloud team engaged with the Treasury Department to ensure that IBM Financial Services Cloud Council members’ thoughts and concerns were heard and incorporated into the overall report. Read and download the report here. Read Less
IBM, shared an update PostedWednesday, May 1, 2024 at 10:27 AM NIST CSF 2.0: What Financial Services Institutions Need to Know| Ep002 Banking on the Cloud Podcast NIST 2.0, one of the hottest topics in financial services cloud computing. Our guest Joe Daw, IBM Security Architect, sits down with host Anne Leslie, Cloud Risk and Control Leader-Europe at IBM Cloud Financial Services to update you on these important changes. Key topics you will learn... Read More NIST CSF 2.0: What Financial Services Institutions Need to Know| Ep002 Banking on the Cloud Podcast NIST 2.0, one of the hottest topics in financial services cloud computing. Our guest Joe Daw, IBM Security Architect, sits down with host Anne Leslie, Cloud Risk and Control Leader-Europe at IBM Cloud Financial Services to update you on these important changes. Key topics you will learn about in this video: - NIST CSF 2.0 Updates - Why You Need a Zero-Trust Mindset - The Power of Frameworks - Importance of the Govern Pillar - How to Start a Security Management Program - How to Leverage Cloud Security Alliance CCF with NIST CSF 2.0 YouTube Link: https://ibm.biz/Bdmf4e Join IBM Financial Services Cloud Council and Forum Community: https://ibm.co/44peeQE Read Less
IBM, shared an update PostedFriday, February 9, 2024 at 11:53 AM Testing Operational Resilience For financial institutions (FIs), policymakers, and regulators, operational resilience is high on everyone’s agenda. One of the major challenges with this topic is how FIs can demonstrate that they have created the right level of resilience to keep operating through disruptions. IBM Cloud has leveraged the collective insights of its IBM Financial ... Read More Testing Operational Resilience For financial institutions (FIs), policymakers, and regulators, operational resilience is high on everyone’s agenda. One of the major challenges with this topic is how FIs can demonstrate that they have created the right level of resilience to keep operating through disruptions. IBM Cloud has leveraged the collective insights of its IBM Financial Services Cloud Council members to create a whitepaper discussing ways to better test operational resilience capabilities to meet risk and regulatory requirements. Read the full blog and download the whitepaper at: https://ibm.biz/BdvGb9 ibm.biz Testing Operational Resilience - New Whitepaper Read Less