81 Results from 2019, /security
Retired Member
Ten years ago, when we thought about where to keep our money, it was either in long standing, trusted banks, or under long standing, trusted mattresses. But recently, this space has exploded (and continues to explode) with myriad of startup mobile banks and cryptocurrencies. Right along side these new fintechs has come incident after incident invo...
13 May 2019 /security Fintech
Robert Siciliano Security Analyst at Safr.me
When you think of a cybercriminal, you probably picture someone in a black hoodie in a dark room on the dark web, but most cybercriminals are out there in plain sight, including on Facebook. Talos, a cybersecurity firm, found that people can easily join Facebook groups, and then participate in cybercrime including buying and selling credit card in...
02 May 2019 /security
Dalia Masad Group Marketing Manager at EastNets
With financial crimes at an all-time high, the tactics used to commit these crimes have become increasingly more diverse and sophisticated. And of all the various forms of fraud being committed today, those committed through cyber-attacks are proving to be some of the most difficult to tackle – to say nothing of the adverse impact on banks’ reputa...
30 April 2019 /security Financial Risk Management
Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank
As Amazon’s mothership arrives (on paper), the current systems existing in the space suddenly start looking smaller by a far distance. SpaceX had similar designs, but they were doing it under the guise of Mars colonization. With SpaceX completing a feat of landing its multiple rockets back on three different landing zones (one even non-stationary
13 April 2019 /security Whatever...
Sadra Boutorabi Product Marketing Director at GPayments
3-Domain Secure was created in its first iteration (3DS1) over 15 years ago. The goals were relatively simple, as there were few standards to build upon at the time. Even though there was a mounting challenge in credit card fraud, hopes for what would come to be a vibrant e-commerce industry were already high. Despite the clear demand for a secure...
09 April 2019 /security Trends in Financial Services
At the beginning of every year for the last decade or so, a list of the most used passwords is released. At the top of this list are passwords like “123456” and “12345678”. The biggest thing I’ve taken away from this, is that the average person is not well versed enough in cyber security to be responsible for choosing their own password. This migh...
04 April 2019 /security Online Banking
IT spending is at an all time high; continuing to grow at a rapid rate, it’s estimated that $103 billion will be dished out in 2019. This may seem like a good thing, more spend on security automatically means better security, right? Unfortunately, this is not always the case, as while spend goes up, so too does the number of data breaches and comp...
02 April 2019 /security Banking Architecture
Some history behind it Since fiction has roots in our society, far deeper, most of us can imagine. Do you know the first recorded futuristic fiction work written in Modern Age of reason era was written by Thomas More and the name (I am sure some will be surprised to know) was “Utopia” published in 1516 AD? Though the topic of this novel was more f...
30 March 2019 /security Innovation in Financial Services
It’s suggested we use 14-character passwords with numbers, letters, and symbols, and we change this password every 90 days. It’s also suggested this isn’t very secure. I like big numbers, and a 14-character password using all the available characters on our keyboard puts the number of possible combinations at 1.4e+103, or 1 with over a hundred...
06 March 2019 /security Biometrics
Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank
A lot is being read, written or heard about GDPR – it’s relevance, implications to institutions that collect personal data, and ramifications of non-compliance. Therefore, this will not deal with any of these in detail. Keeping it simple we will try exploring 4 specific impact points within financial institutions because of this regulation, and th...
19 February 2019 /security /regulation Banking Strategy, Digital and Transformation
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