71 Results from 2022, /security
Tristan Hinsley Cybersecurity Engineer at TDI Security - tdisecurity.com
Over the last half decade, industry insiders around the world have watched cybersecurity budgets balloon astronomically to fight the ongoing threats facing businesses everywhere. The rise of ransomware, the constant assault of phishing attacks, the never-ending list of vulnerabilities, it all culminates in a diverse threat profile that requires a ...
30 September 2022 /security Information Security
Chris Smith Head of Financial Services at Citrix
When the government lifted its work-from-home guidance, large banks and insurers were among the first to announce plans to return to the office. HSBC and Standard Chartered both asked staff to come back within days of the guidance being revoked, with Citigroup following closely behind. While some debated whether the move would have a negative impa...
15 September 2022 /security /cloud Cloud Banking out of the Box
Victor Martin CMO at SquareRoot
Artificial intelligence (AI) and its subset technology, machine learning (ML), no longer represent some futuristic innovations. From appearing as frequent tech buzzwords less than a decade ago, they have become integral to how AI and ML tech innovations are shaped across the digital landscape. Driving innovations in certain industries, such as Fin...
01 September 2022 /security /people Business Knowledge for IT
Steve Bradford Senior Vice President EMEA at SailPoint
2022 has so far seen an insatiable appetite for stories of fraud. From ‘The Tinder Swindler’ Simon Leviev fooling potential love interests into giving him millions of dollars to escape his "enemies”, to con artist Anna Delvey winning the hearts and purses of New York’s social elite in ‘Inventing Anna’, fraud has become the most popular topic ...
31 August 2022 /security /identity Information Security
Boris Bialek Vice President and Field CTO, Industry Solutions at MongoDB
It wasn’t that long ago that security professionals protected their IT in much the same way that mediaeval guards protected a walled city – they made it as difficult as possible to get inside. But once someone was past the perimeter, they had generous access to the riches contained within. In the financial sector, this means access to personal ide...
30 August 2022 /security /cloud Information Security
Timur Yunusov
When a new tool called "Deepfake Offensive Toolkit" was released, claiming that now you can inject real-time deepfakes into your virtual camera and bypass biometric liveness checks, I was thrilled! As you may notice, all my last posts are related to fake identities and bypassing KYC checks in financial institutions. I thought, why not g...
24 August 2022 /security /crime
Retired Member
Ransomware attacks against financial services organisations continue to pose a perpetual threat, with IT teams in the sector struggling to keep pace with ever-increasing cybersecurity needs. In the last year ransomware attacks surged 105%; whilst according to Veritas data, almost half (48%) of financial service security teams believe that data sec...
23 August 2022 /security /cloud Data Management and Governance
Omkar Nisal Managing Director UK & Ireland at Wipro Ltd
Last year reports of cybersecurity incidents targeting UK financial services providers skyrocketed by more than half in comparison with previous year and the trend continues this year, at even faster pace, fuelled with Global events. While financial institutions are some of the best protected with ‘industry leading’ Cyber defence and response c
16 August 2022 /security /cloud Trends in Financial Services
Karen Hsu CMO at Appdome
Recently, bills were introduced in the U.S. Senate that would give Commodities Futures Trading Commission (CFTC) oversight of cryptocurrency, which would treat them as digital commodities. Regardless of whether the bill becomes law, however, banks and financial institutions should pay close attention to cryptocurrency, if for no other reason than...
09 August 2022 /security /crypto Cryptocurrency Insights
Mike Castiglione Director of Regulatory Affairs, Digital Assets at Eventus
Last year crypto got too big to ignore. This year’s downturn, coupled with several company implosions, is spurring a stronger focus on regulation. New regulations were coming even without the fall in crypto prices. Policymakers globally have put significant time and attention into the still emerging industry. Many crypto companies themselves—along...
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