2257 Results from /security
Retired Member
As the world is moving towards digitalization, cyber-security threats are becoming more sophisticated than ever. There has been increasing number of attempts in recent times where hackers have been targeting organizations by capitalizing on vulnerabilities that their third-party vendors and suppliers are exposed to. Securing client data that inc
19 April 2021 /security /regulation Information Security
Scott Cutler Director, at Fortinet
Remote working saw a spike like never before during the first half of 2020, with workers across the globe forced out of the office and into lockdown to curb the spread of Covid-19. There wasn’t a single industry that went unaffected by the pandemic, but financial services in particular witnessed a huge change in the way it functions. Thanks to har...
14 April 2021 /security /crime Information Security
Adam Desmond UK&I Country Lead at Mitek
Many would be surprised to find that purchasing a bottle of alchohol in our local corner shop is a security risk. But how? When the seller asks to see our proof of age, it's customary to wip out a physical ID whether it be a driving license or passport. However, in doing so, we present a wealth of personal information – our address, signature and ...
14 April 2021 /security /identity Digital Identity Management
Financial institutions are some of the most heavily targeted organizations by cyber criminals, and it’s easy to see why; financial institutions have the most to lose. Reputation is king in financial institutions since they can only function with an underlying consumer trust in the safe handling of their monetary assets, and data breaches typically...
12 April 2021 /security /predictions Information Security
Pooja Golakonda Lead Consultant at Edgeverve
Safety nets on the Cloud Highway Whatever could be the reason, worldwide cloud enabled banking transformations has picked pace at an unprecedented speed. Evidence is everywhere like the raise of Opex models, higher share of SAAS offerings, Digital only branches, and usage of Multi tenancy etc. So is also the raise of leakages and the attacks on th...
31 March 2021 /security /cloud
On Friday the Bank of England’s Financial Policy Committee (FPC) published their latest policy summary and record. As part of the summary, they shared an update on the plans for the next “cyber stress test”. For those that aren’t aware, back in 2017, the FPC set out the elements of the framework of regulation to strengthen the resilience of t...
30 March 2021 /security /regulation
René Hendrikse Vice President & Managing Director, EMEA & LATAM at Mitek
Since the onset of pandemic, digital tools have been a means of survival across many industries. Remote working, distance learning, online shopping, virtual GP appointments, and even digital court hearings have all enabled us to continue to function as a society – albeit with a few changes here and there. However, the shift has been far from a se...
25 March 2021 /security /identity Digital Identity Management
Victor Martin CMO at SquareRoot
According to several leading types of research, mobile banking users are continuously growing in number, and fintech apps are more frequently relied upon for investment decisions than ever before. As an increasing number of smartphone users are using fintech apps and using their financial information for banking and other financial transactions, t...
22 March 2021 /security /devops Fintech
Steve Cook Digital Identity & Biometrics Consultant
Today, there is key requirement for remote digital onboarding and authentication practices, and that is biometric liveness detection. Biometrics provide a secure method for matching a person's face, voice, iris, fingerprint or palm, but how do you prevent spoofing attacks or someone trying to impersonate you. This is where liveness detection plays...
11 March 2021 /security /identity Biometrics
Baldeep Dogra Director of Solutions Marketing at BlackBerry
For over 50 years, a password and a username have been the fundamental and largely unchanged model for identifying and verifying users - both in the financial sector and beyond. Nevertheless, there are drawbacks to this strategy, which can certainly be seen in the financial sector. Complex and long usernames and passwords are not user-friendly. T...
10 March 2021 /security Artificial Intelligence and Financial Services
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