Financial leaders promote security benefits of big-data analytics, stress privacy challenges

Rolling out big-data analytics to better protect the financial sector from cyber threats will require tight collaboration between the technology and financial services industries and overcoming regulatory challenges on consumer privacy and other issues, according to industry officials.

During a Financial Services Roundtable Tech Collaborators meeting today, industry leaders stressed that expansion of the Internet of Things and big data into the financial sector will provide great opportunities for the sector to become more aware of cyber threats, but...