About the author: Sean McMahon | SmartBlogs

Sean McMahon Sean McMahon edits SmartBrief newsletters on global financial markets and consumer banking.

A skills shortage has cybersecurity experts in high demand on Wall Street as firms boost their game to lure top talent. But how should firms go about recruiting the right personnel to match their needs?

A panel of experts at the recent SmartBrief Cybersecurity Forum weighed in on what they are doing to identify and recruit cyber warriors.[…] Continue Reading »

Cybersecurity is at the top of the agenda of nearly every board of directors meeting on Wall Street. As the threats evolve, so to do the countermeasures. Firms are deploying new methods to prevent cyberattacks and recover quickly when hackers penetrate defenses. Meanwhile, a big piece of the cybersecurity puzzle lies at the intersection of industry and government, where enhanced collaboration and information sharing are starting to produce positive results.[…] Continue Reading »

The volume of data associated with communications in the financial services sector has exploded in recent years. But as firms allow communication to take place across more channels, a recent survey from Smarsh finds compliance efforts are not keeping pace.

Nearly one-third (32%) of firms that allow business communication through employees’ personal social media accounts do not have supervision or social media archiving solutions in place to monitor those messages.[…] Continue Reading »

“Without financial services, nothing else happens.” So says Broadridge President and CEO Rich Daly. SmartBrief caught up with Daly on the sidelines of the 2015 Milken Institute Global Conference to discuss how financial services firms can turn technology challenges and operational burdens into competitive advantages.

What do you think about the potential of financial utilities?

I have heard this idea for a long time.[…] Continue Reading »

A few highlights and memorable quotes from Day Three of the 2015 Milken Institute Global Conference:

Commerce Secretary Penny Pritzker says offering corporations a one-time tax repatriation holiday is not some kind of silver bullet that would solve the challenge of trying to get U.S. multinationals to bring their profits home. Pritzker said the repatriation holiday is only part of a more complex plan.[…] Continue Reading »