70 Results from 2024, /security
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
Correspondent banking relationships are vital for facilitating international transactions. However, the reliability of these correspondent bank accounts is crucial for mitigating risks, including fraud and financial instability. Here are five essential steps to ensure the reliability of correspondent bank accounts. Step 1: Verify Regulatory Compli...
02 October 2024 /security /regulation Financial Services Regulation
Prashant Bansal Sr. Principal Consultant at Oracle
Abstract Adaptive security architecture has emerged as a critical cybersecurity approach in today’s dynamic threat landscape. This framework, built upon four foundational pillars, emphasizes proactive measures to anticipate, prevent, detect, and respond to security threats. By shifting away from reactive strategies, organizations can mitigate risk...
01 October 2024 /security Information Security
Kate Leaman Chief Analyst at AvaTrade
Recently, the world has experienced many instances of geopolitical unrest, including the ongoing Russia–Ukraine and Israel-Hamas wars. Inevitably, these influence global financial markets and often lead to immediate and extreme reactions, as well as long-term economic shifts. The global markets are no strangers to volatility – nevertheless, during...
24 September 2024 /security /markets
Retired Member
Understanding the Importance of Data Security in Fintech In the rapidly evolving landscape of fintech, data security has become paramount. The financial sector is particularly vulnerable to breaches, given the sensitive nature of the information it handles. Customers entrust their financial details to institutions, and any lapse could lead to cat
20 September 2024 /security Information Security
In the digital age, ensuring the security of your data has become paramount. GitLab, a popular platform for version control and collaboration among developers, is no exception. With an increasing reliance on cloud services, understanding how to secure your GitLab data is crucial for maintaining the integrity and confidentiality of your projects.
Dirk Labuschagne Chief Information Security Officer at Direct Transact
Six cybersecurity tactics for financial services to prevent disaster Anyone who has seen the apocalyptic cybercrime thriller Leave the World Behind will know just how terrifying a nationwide digital shutdown could be. Some shocking recent cybercrime statistics add plausibility to the risks posed by cybercrime: South Africa has the fifth worst cy...
12 September 2024 /security /cloud Information Security
Alexander Boehm Chief Executive Officer at PayRate42
The rise of cryptocurrencies has opened new frontiers in finance and investment, attracting both seasoned professionals and newcomers. However, alongside the innovation and opportunity, the crypto landscape has also become fertile ground for fraudsters and scammers, exploiting the unregulated and often opaque nature of the market. As crypto adopti...
11 September 2024 /security /crypto
The Markets in Crypto-Assets (MICA) Regulation, set to take effect in 2024, aims to provide comprehensive oversight of the crypto-asset market across Europe. The principal provisions include: Issuance of Crypto-Assets: A licensing framework for issuers will be established to ensure compliance with specific standards and disclosure requirements, the...
04 September 2024 /security /crypto Cryptocurrency Insights
Alexander Saleh Head of Partnerships at Coincover
2024 is proving to be another volatile year for crypto. Since reaching a record high in March, the price of Bitcoin has fluctuated significantly. There is near-constant speculation around if and when the next bull run is coming, but in many ways, it doesn’t matter whether the market is up or down. It is crypto’s volatility itself that continues
02 September 2024 /security /crypto
Edvards Margevics Co-partner at CONCRYT
Gone are the days of signing for a payment – even entering a pin number can prompt exasperated eyerolls from consumers accustomed to completing transactions with a single tap. That expectation has now made its way online, with Open Banking making it increasingly possible to pay without entering card details. But with authorised push payment (APP)
30 August 2024 /security /payments
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