2309 Results from /security
Reuven Aronashvili Founder and CEO at CYE
Just a few weeks before Halloween, Chicago-based candy-maker Ferrara, famous for Nerds, LaffyTaffy and other treats, experienced a ransomware attack that shut down several of its facilities, making it unable to fill orders during one of its busiest times of the year. This should serve as a warning sign for all retailers as we head into the holiday...
27 October 2021 /security /payments Information Security
Pavlo Farb Security Engineer at Cossack Labs
In fintech, user’s data protection is among the top priorities requested by regulations, but surprisingly they are mapped onto real-world risks. As a data security engineer, I can say that while it might look like much work to comply with GDPR, CCPA, PCI DSS, FFIEC, etc., these regulations exist not to add problems but to prevent them and protect ...
18 October 2021 /security /regulation Fintech
Richard Warren Partner at FirstPartner
Contactless payments have become a major success for the payments industry. Over the last couple of years contactless has been almost universally welcomed and embraced by UK consumers, and (perhaps more grudgingly in some cases) by merchants. Even the “strictly cash only” market stall where I buy my weekly fruit and veg got a SumUp contactless rea...
15 October 2021 /security /payments
Matt Sanders Director of Security at LogRhythm
Banks and other businesses in the financial services industry are prime targets for cyberattacks with the plethora of sensitive information contained in customers’ files, especially as more of the world transitioned to online banking and alternative/contactless forms of payment during the pandemic. Now, a new wave of embedded finance, Banking as a...
14 October 2021 /security /regulation Information Security
Jussi Karjalainen CEO at Valtatech
As Australia continues to slip in and out of lockdowns business continuity continues to be tested. While business leaders battle to try and not just survive the pandemic, but thrive, groups of highly sophisticated scammers are seeking to exploit the pandemic and scam businesses out of their hard earned and much needed cash. According to the ACCC’s...
05 October 2021 /security /crime Electronic invoicing
Karen Hsu CMO at Appdome
Thanks in large part to the global pandemic, consumers are increasingly turning to mobile apps to manage their finances, payments and transactions. In fact, 58% of mobile consumers report using and downloading more mobile apps and buying more products and services on them since the COVID-19 pandemic started, according to the Appdome 2021 Global M...
30 September 2021 /security /regulation Financial Services Regulation
Tunio Zafer CEO & co-founder at pCloud
Cloud storage and file sharing has never been more essential within financial services. Businesses have been kept apart in response to the Covid-19 pandemic, which has now continued for a significant period of time that firms have battled against to operate remotely. To illustrate the point, more than a billion files have been uploaded to our plat...
30 September 2021 /security /cloud
Adam Pogorzelski CEO at Code & Pepper
The UK is a very demanding market for everybody. Including FinTech, which must operate similarly to regular banking institutions. Both legal and technological requirements are there to protect customers’ money. Applied FinTech security standards benefit customers and FinTech organizations and please regulators. What regulations should you take ca
30 September 2021 /security /regulation Information Security
Check if you take these security points into consideration before you migrate to the cloud. While you move your infrastructure into the cloud (“lift and shift”), your security assumptions also go through the change, since the on-prem threat model and security priorities are very different from cloud-based. And it’s always less stressful to get wel...
27 September 2021 /security /cloud Fintech
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
Nowadays, the most common problem of scoring is that not everyone can quickly interpret the results that the model produced. A complex algorithm examines dozens of factors in dynamics, and hardly anyone can immediately see and understand what it’s all about. The article describes an algorithm that explains in natural language the strengths and wea...
23 September 2021 /security /retail Digital Bank Transformation
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