71 Results from 2022, /security
Steve Bradford Senior Vice President EMEA at SailPoint
The financial services industry has one of the highest rates of insider data breaches, costing on average $21.25 million in the past year alone. Whether it’s an employee acting with malicious intent, or through accidental data mishandling, staff have access to sensitive information and systems that make them a constant vulnerability. And this thr...
28 June 2022 /security /identity Banking Strategy, Digital and Transformation
Retired Member
Over the past few years, the banking and financial services landscape has transformed massively. Where once the large conglomerates and legacy banks dominated the industry, the rise of ‘Challenger Banks’, modern banks that compete directly with traditional institutions, has created a revolution in financial services. With so many providers now com...
22 June 2022 /security /devops Marketing in Financial Services
Jim Steven Head of Crisis & Breach Response at Experian Consumer Services
Consumers must be at the heart of any crisis response plan. When any business is hit by a crisis, it sends shockwaves throughout the organisation. The impacts of a cyber-attack, health emergency or data breach can be devastating for the business, both financially and reputationally. But the greatest impacts are often felt by consumers or service u...
22 June 2022 /security Data Management and Governance
Pavlo Farb Security Engineer at Cossack Labs
You can often hear from me and my colleagues security engineers about the defense in depth approach to protecting the user data. Does this mean putting as many tools and security controls in your code or system as the whole market suggests? By no means. When speaking about defence in depth we mean that carefully chosen tools, controls, security po...
07 June 2022 /security /crypto Fintech
Shagun Varshney Senior Product Manager at Signifyd
Along with the added security that the newly enforced Strong Customer Authentication (SCA) introduced for online retailers in the UK comes added complications when determining the most efficient and cost-effective way for retailers to process orders. Up until now the discussion around SCA has been about how the new consumer authentication regulatio...
06 June 2022 /security /payments
Hash Choudhuri General Manager (EMEA) at Cribl
The pivot by many banking and financial firms to digital by default over the past few years has played out against a huge surge in cybercrime, with the pandemic creating a perfect storm for new methods and types of attack. IBM reports that 23 per cent of all cyber-attacks are directed at financial institutions, while the total cost of a single dat...
10 May 2022 /security /devops Data Management and Governance
One of the most common concerns security engineers hear sounds like “field level encryption is awesome, but alas we can not afford it because we will need to completely rewrite the code and encryption will make everything slow”. I fully agree with the first part, field level encryption is awesome. As for the latter, literally, it could be transla...
04 May 2022 /security /regulation Fintech
Liudas Kanapienis CEO at Ondato
Any business is now liable for sanctions violation penalties - not just financial institutions Sanctions compliance used to be primarily a worry for financial institutions. However, Russia’s invasion of Ukraine has changed that. Since the invasion that began on 24 February, Ondato has seen a massive and continuing increase in the number of business...
03 May 2022 /security /payments
Baldeep Dogra Director of Solutions Marketing at BlackBerry
The truth is that your business is being attacked by cybercriminals. Yesterday. Today. Every day. Is your business ready? Would you know what to do? When it comes to cyberattacks, there is zero immunity. The BlackBerry 2022 Threat Report found that small and mid-sized businesses (SMBs) are currently experiencing 11-13 attacks per day. That’s an att...
27 April 2022 /security /crime
Tristan Hinsley Cybersecurity Engineer at TDI Security - tdisecurity.com
In recent years, supply chain security has been an issue of preeminent importance. We’ve even talked about it previously, though we focused more on the security of software supply chains. With high-profile supply chain attacks hitting some of the biggest names in the industry, it’s proven to be such a hard challenge to tackle. Given the nature of ...
18 April 2022 /security
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