2257 Results from /security
Michael Berman CEO at Ncontracts
In the rapidly evolving landscape of cybersecurity, financial institutions face an ongoing battle to protect their systems and data. That battle extends beyond their own systems and data to those of their critical third-party vendors. Not only must they protect their own systems from cyberattacks, they must also ensure that the third-party vendors...
18 May 2023 /security /crime Information Security
Andrew Beatty Head of Wealth, Retirement & International at FIS
The COVID pandemic was perhaps the worst global crisis in a generation. Fortunately banks and fintechs with the right technologies and strategies not only weathered the storm, but came out on top. As we navigate this period of economic uncertainty, this blog considers how digital technologies and new working methods can drive change and continual ...
16 May 2023 /security /retail Banking Strategy, Digital and Transformation
Aileen Allkins Chief Revenue Officer at YNV Tech Talent
In 2015, a senior executive at Mattel received an email from the company’s newly appointed CEO. The note requested the processing of an overdue payment to a familiar manufacturer. In acting on the email, the executive set-in motion a $3 million mistake. Cyber attacks of this kind are known as ‘whaling’ emails, which rather than the ‘copy-paste’ met...
04 May 2023 /security /people Information Security
Aare Reintam Chief Operating Officer at CybExer Technologies
Those of us who work in the cyber security industry have been talking about Zero Trust for more than a decade now. During that time, it’s fair to say that the financial services industry has become relatively good at verifying the identity of actors within and outside its dedicated networks. Unfortunately though, while defining best practices for ...
03 May 2023 /security Information Security
Mahesh Pawal Portfolio Product Manager, Digital Transformation at Fiserv
94% of the passwords used by 5.2 billion internet users scored less than 65 on Center for Internet Security’s (CIS) security scale. I am pretty much sure that you are one of them. CIS suggests that anything less than 80, is considered an easy target for hackers, given the advanced computing power available today. To determine if your password is ha...
02 May 2023 /security /payments Digital Banking Trends
Terry Olaes Senior Technical Director, Marketing at Skybox Security
Today’s financial institutions are undergoing a transformation to modernize their organizations, increasingly relying on outsourcing operational tasks to third parties to increase efficiency. Many large financial organizations have extensive third-party networks that consist of numerous suppliers and vendors. In fact, Gartner found that 60% of or...
02 May 2023 /security
Ameesh Divatia Co-founder and CEO at Baffle
Data represents both a huge opportunity and a significant risk for companies in the financial services industry. On the one hand, data sharing and analytics can help organizations uncover a wide array of insights that can offer market differentiation, such as customer preferences and intent, marketing opportunities and motivation for more efficien...
24 April 2023 /security Information Security
Retired Member
In today’s digital landscape, there is a significant risk of data breaches, cyber thefts, and other such frauds. Digital transformation has enabled fraudsters to find new lines of attack and exploit vulnerabilities. Fraud has always been a detrimental factor in the business world, particularly in the financial industry, causing fear in users when ...
21 April 2023 /security /crime Blockchain in Banking and Financial Services
Simon Thompson Head of Data Science at GFT
In part-one of this blog I examined the new and powerful technology that is ChatGPT. In this second and final part, I explore what best practices are required to make its use as safe and secure as possible. It is pretty clear that we are not going to put ChatGPT back in the bottle. The techniques used to create it are well known, and although the...
20 April 2023 /security Artificial Intelligence and Financial Services
Yes.. I am talking about the AI applications - our myriad AI applications and upcoming ones whispering to humans about what to do…. how to do it…but not about the whisperers who interact with the AI chatbots. According to IDC predictions, the global AI market could reach over $500 billion by 2024 – a more than 50% increase
14 April 2023 /security /regulation Artificial Intelligence and Financial Services
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