96 Results from 2018, /security
Hakan Eroglu Advisor at BIS Innovation Hub (all opinions are my own)
The European Union’s revised Payment Services Directive (PSD2) has paved the way for a new era of Open Banking globally. As a result, it will have huge impacts on business models, security mechanisms and innovation in banking. In my recent conversations with banks, a question that has arisen consistently is how security and innovation can go hand-i...
06 February 2018 /security Open Banking
Retired Member
Financial thefts such as embezzlement & others are supposedly the most usual forms of staff fraud. No matter how credible your workforce is, your organization is never out of the chances of embezzlement or employee fraud. As per the report from Association of Certified Fraud Examiners- A typical company loses 5 percent of yearly revenue for f...
06 February 2018 /security Financial Risk Management
Anthony Walton CEO at Iliad Solutions
When you live in the North of England as I do, Hawaii seems like the perfect place to be at this time of the year. The idea of waking to warm sunlight and long days, and surrounded by tropical flowers and trees is a cut above the driving rain and sub-zero temperatures we’ve had recently. However, for 38 minutes earlier in the month Hawaii must hav...
22 January 2018 /security Innovation in Financial Services
Risks of Misunderstanding Cyber Security The financial services sector has been through tremendous adversity since the Great Recession. Institutions have emerged from the financial crisis only to find tougher regulations and constant threats from cyber attacks. In fact, these recent cyber attacks and data breaches are changing the way banks operat...
19 January 2018 /security /regulation Business Knowledge for IT
Robert Siciliano Security Analyst at Safr.me
Do you have employees who bring mobile phones to work and use those devices on the corporate network? Do they store company data on these “Bring Your Own Devices (BYOD)”?? Does your company have a policy in place for this? First, the moment a person brings in their personal phone to work, there is a fusion of personal and business tasks that occur....
11 January 2018 /security
You might be shocked to know that when Social Security numbers were first given in the 1930s, the intention was never to use them as a form of identification. However, most of us use our Social Security numbers all of the time, from doing transactions at the bank to visiting our doctor’s office. You need your SSN to apply for jobs, to open credit ...
04 January 2018 /security
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