1137 Results from 2015
Robert Siciliano Security Analyst at Safr.me
What’s it called if, for example, someone runs up your credit card line without your permission? Identity theft. ID theft isn’t necessarily someone going around impersonating you. But it is considered someone taking over your accounts. Account takeover is also someone hacking into your computer and getting the password for your PayPal account, then...
15 April 2015 /security
Retired Member
As the barriers to global business expansion gradually drop, particularly as payment technology evolves and enables more flexibility and scalability, a lot of businesses are eyeing the opportunity to expand into the huge market that is China. With some forecasts predicting that by the end of this decade the Chinese ecommerce market will have grown...
15 April 2015 /payments
The IRS isn’t your biggest enemy during tax season. It’s the criminals who pretend to be IRS reps and then con people out of their money. They contact potential victims chiefly through phone calls and text messages. Typically, the message is threatening in tone and/or content, informing the target they’ll be arrested if they don’t immediately send ...
14 April 2015 /security
The great debate across the media and all interested parties is the face-off between the incumbents (banks) and new entrants (fintech start-ups). Each opposing party sees themselves as the true messiah, with the banking incumbents arguing that they are changing, the future is held secure through their excellent and utterly untarnished experience a...
14 April 2015 /wholesale /startups
One of the benefits we’ve seen rise out of the very public and high-profile data breaches featured in the news recently is a certain level of awareness around cyber-security. Organisations of every size are waking up to the importance of implementing a considered and thorough security strategy, and are proactively taking a closer look at how they ...
14 April 2015 /security /regulation
Logins that require only a password are not secure. What if someone gets your password? They can log in, and the site won’t know it’s not you. Think nobody could guess your 15-character password of mumbo-jumbo? It’s still possible: A keylogger or visual hacker could obtain it while you’re sitting there sipping your 700-calorie latte as you use your...
13 April 2015 /security
With this post, I start a series of short posts of reflections on retail banking industry in the UK. However, I think that these challenges described here are applicable to the worldwide Retail Banking industry. What do customers think about their banks? If you are following the news about the retail banks in the UK recently, you might come to an i...
13 April 2015 /retail
Said Tabet Senior Technology Strategist, CTO Office at Dell EMC
Financial Services (FS) organisations are hugely complex in terms of their business operations; they have retail arms, investment and fund management operations, insurance businesses and more. Many of their systems and operational norms are audited and regulated by bodies such as the Financial Conduct Authority. As such, they tend to have correspo...
13 April 2015
When it comes to data breaches, individuals and businesses are not seeing eye-to-eye. Executives are erroneously confident about their ability to tackle cybercrime, but their customers are growing ever more concerned about the safety of their personal data. The over-confidence of UK industry is puzzling especially when recent research has reveale...
13 April 2015 /security /payments
One might call them "mistakes", but they are not. They are things that Apple was no doubt aware of (and could/should have fixed). Their arrogance, perhaps, caused them to think "why bother". Too bad... I am not the first Apple fan to lament poor user experience delivered by Apple Watch. Several sources suggested that Steve Jobs ...
12 April 2015 Innovation in Financial Services
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