IT

Inspector General Report Points to Banks’ Cybersecurity Risks and Dwindling FDIC ‘IT Expertise’

Inspector General Report Points to Banks’ Cybersecurity Risks and Dwindling FDIC ‘IT Expertise’
Inspector General Report Points to Banks’ Cybersecurity Risks and Dwindling FDIC ‘IT Expertise’
March 21, 2025  |  Cybersecurity

A deep dive into Federal Deposit Insurance Corp.’s (FDIC) Office of Inspector General’s latest audit and report on the agency reveals key risks to banks:...

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Making Sense of the Great ERP System Cloud Migration 
Making Sense of the Great ERP System Cloud Migration 
September 20, 2024  |  B2B Payments

Enterprise resource planning (ERP) systems have long been the backbone of enterprise businesses. And for too long, these systems — which enable organizations to integrate...

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Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
August 08, 2024  |  Cybersecurity

Banks and their IT providers will soon face tougher scrutiny in the European Union (EU). That’s because of the Digital Operational Resilience Act (DORA), which...

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DOT Probes Delta’s Handling of CrowdStrike Outage
DOT Probes Delta’s Handling of CrowdStrike Outage
July 23, 2024  |  Transportation

Delta Air Lines’ handling of a recent mass IT outage is the target of a federal investigation. The investigation is to “ensure the airline is...

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Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
July 27, 2022  |  Investments

Low-code application development platform Genesis Global raised $20 million from the Bank of America, BNY Mellon and Citi and follows a $200 million Series C...

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Tech Startups Laid Off 70K Since March
Tech Startups Laid Off 70K Since March
July 08, 2020  |  Startups

No sector of the U.S economy has been spared from the economic fallout of COVID-19. But the ranks of tech startups have been devastated with...

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Global Tech Spending Down 4 Pct, But ‘Work From Home’ Spending Gives A Boost
Global Tech Spending Down 4 Pct, But ‘Work From Home’ Spending Gives A Boost
April 01, 2020  |  Economy

Companies around the globe are looking at a a 4.1 percent decline in spending on technology as the coronavirus pandemic eats into revenues. That’s a...

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Deep Dive: How Credit Unions Juggle Cybersecurity Myths For Cloud Computing
Deep Dive: How Credit Unions Juggle Cybersecurity Myths For Cloud Computing
January 30, 2020  |  Credit Unions

Cloud technology has lost some of its mystique in recent years, and consumers’ improved understanding has led to a boost in demand. The cloud computing...

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