96 Results from 2018, /security
Retired Member
Technology is evolving faster than ever, sprouting new business models and paving the way for the rise of fintech companies like Robinhood, PayPal and Coinbase. In addition to disruptions to traditional business models, emerging technologies are also optimizing the way traditional work gets done. One trend that’s gaining particular traction in f
20 December 2018 /security /inclusion Biometrics
Many of us have heard about KYC (Know Your Customers) while opening bank account, Insurance Policy, Investments and Pension Schemes. Bank insist on process to know about the customer before onboarding to their systems. KYC is process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for th
17 December 2018 /security /retail Business Knowledge for IT
Uri Rivner CEO and Co-Founder at Refine Intelligence
It looks serious this time: the Trump administration says it’s ready to hit China with direct sanctions for what the US says is a sustained digital industrial espionage campaign. It’s quite unprecedented – at least as far as US policy is concerned – and is intended to apply real-world pressure on China so it stops what the Western world agrees
15 December 2018 /security Information Security
In a recent speech at Bloomberg, Megan Butler, Executive Director of Supervision at the FCA, described the threat level facing financial firms as ‘remarkable’. These comments were made in light of a new a report revealing that the root cause of nearly a fifth of operational incidents reported to the FCA in the last 12 months were cyber-related. ...
13 December 2018 /security /regulation Information Security
Retailers are in the midst of the busiest shopping period of the year, starting from Black Friday, through to Cyber Monday, pre-Christmas, Boxing Day and then the January sales. Huge volumes of money will be changing hands, often in high-pace, stressful situations. While on the whole this will be welcomed by retailers, it doesn’t come without its ...
11 December 2018 /security /payments Fintech
Keith Stonell Managing Director, EMEA at Guidewire
Tesco Bank’s £16m fine for its cyberbreach shows how the regulators are now truly baring their teeth on punishing cybersecurity failures. Financial and reputation damage from cyber attacks, therefore, are beginning to come with painful price tags (in fact the Tesco Bank fine could have been as high as £30m until the FCA was convinced the bank had ...
06 December 2018 /security Fintech
Robert Siciliano Security Analyst at Safr.me
So maybe Christmas now means the very predictable gift card swap, but hey, who can’t use a gift card? But beware, there are a ton of scams. This includes physical, not just digital, gift cards. Regardless of who gave you the card, you should always practice security measures. Below are two common ways that fraudsters operate. Transform Gift Card t...
06 December 2018 /security
Humans have evolved a new body part: the cell phone. One day it will be part of anatomical illustrations of the body in health and medical books probably an appendage on your head. I’m not a Dr. so don’t quote me. For now, we have to figure out a way to keep this appendage juiced up without being lured into a data-sucking battery-charge station. T...
In today’s information age, a daunting challenge for financial organisations of all sizes is determining the right approach to the storage of large volumes of data in a safe, cost-effective, compliant and easy-to-access manner. Deploying solutions on premise can be complicated and put stress on budgets and infrastructure space as the process would...
05 December 2018 /security /regulation Information Security
Nick Mothershaw Chief Identity Strategist at Open Identity Exchange (OIX)
Fraud is a continuing problem globally. In fact, research from Experian highlights the annual cost of fraud as £190 billion, equal to nearly £7,200 per household. Although technology to protect customers continues to advance, fraudster will often find new, innovative ways of tricking people out of their personal details and money. A scam that has...
04 December 2018 /security /payments
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