2294 Results from /security
Eyal Worthalter Vice President – Global Solution Sales at Utimaco
This year has been hit hard by cyber-attacks, with many major companies experiencing compromission by hackers, such as Microsoft’s Exchange Server, and Australia’s Nine Network, which was taken off air. Most recently, a hacker stole $600m in cryptocurrencies from a blockchain finance platform in what could be the biggest hack ever, and T-Mobile ...
26 August 2021 /security /crime Information Security
Retired Member
Aha, it seems I have your attention. But don't you agree? For most people, privacy and cybersecurity are just boring topics. Even scary, with all the fearmongering and hoodie-pictures being used to represent cybercrime. Customer centricity and outcome-driven messaging clearly hasn't reached the majority of the cybersecurity world yet. People aren't...
25 August 2021 /security /regulation
Pavlo Farb Security Engineer at Cossack Labs
Check this list while planning a new business and putting your fintech app in the cloud. By noting these arguments you can avoid risky misconceptions of trusting too much responsibility to cloud providers and cloud environments. From our experience at Cossack Labs, we know that such an approach saves data, funds, and reputation. First, start with r...
23 August 2021 /security /cloud Digital Banking Trends
Rick Goud CIO at Zivver
Human error is the leading cause of data loss events; this is widely acknowledged today. It’s time to leverage technology to arm employees with the skills and knowledge they need to be your organisation’s greatest defence, rather than your weakest link. Accidental data leakages caused by people – emailing sensitive information to the wrong person, ...
17 August 2021 /security /cloud
Ransomware on the rise: What are the risks? As financial technology becomes increasingly sophisticated and ubiquitous, so too do the risks of cybercrime. Financial institutions are prime targets for a litany of attacks including ransomware due to the vast quantities of critical value data (CVD) relating to its customers and employees. Ransomware ...
06 August 2021 /security /crime Information Security
Ali El Kaafarani CEO & Founder at PQShield
Quantum computing is proving to be enormously exciting for financial institutions. Already, Goldman Sachs and Deutsche Börse are exploring quantum algorithms to calculate risk model simulations 1,000 times faster than currently possible, while BBVA is looking to quantum to optimise investment portfolio management. But a more sinister aspect to...
05 August 2021 /security /crime
Laura Francis Head of Brand and Marketing at Form3
Cloud adoption among banks has accelerated exponentially in recent years with views now pivoting towards seeing cloud as central to resiliency challenges. Unlike cloud-based systems, legacy technology cannot be easily patched and upgraded. As a result, weaknesses can remain in a system for a significant stretch of time. It is not surprising that 6...
04 August 2021 /security /payments The Payments Business
Lots of recently introduced regulations require audit logging as one of the measures for data protection in fintech. We know from practice that cryptographically signed audit logging can be a secure and pragmatic way to cover this point. Let's cut through complexity. Audit logs, or audit trails, capture evidence about any activity in your software...
02 August 2021 /security /devops Fintech
Cybercrime is rising across the board, and one of its top targets appears to be financial regulators. Financial services have long been on the front line of the fight against cybercrime. However, with attacks surging during the pandemic, that fight is becoming increasingly urgent. Regulators find themselves with the task of building capacity within...
29 July 2021 /security /regulation
Transitioning to 3DS2 entails many benefits when compared to 3DS1, such as frictionless flow, enhanced security, and improved mobile device compatibility. However, its implementation can be a cumbersome task, presenting numerous challenges. Therefore, it is important to be aware of such impediments and the solutions that can be adopted to address ...
29 July 2021 /security /payments Frictionless Payments
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.