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Doug Wick

Tackling Private Data Exposure and Cyber Theft at Banks Using Privileged Database Access

This is the second installment in a three-part series which investigates the top five threats to the data held by banks and financial institutions, and offers a fresh perspective on how the industry c...

22 Aug 2019
Information Security
Doug Wick

How to Address the Top 5 Threats to Banking Data

This is the first article in a three-part series which investigates the top five threats to the data held by banks and financial institutions, and offers a fresh perspective on how the industry can ma...

21 Aug 2019
Information Security
Sheza Gary

Digital Disruption In Finance Sector: The Trends And Technologies Shaping The Industry

The impact of the rapidly evolving digital landscape, with more and more new technologies making their way, can be seen in almost every aspect of our lives. One of the industries that have been impact...

21 Aug 2019
Disruption in Retail Banking
Arunachalam N

Security Over Financial Transactions SOFT

Many of us are performing online / merchant transactions over the Internet, Mobile and POS terminal as part of eCommerce transaction. Customer do perform general banking transactions which could be of...

08 Aug 2019
Banking Strategy, Digital and Transformation
Eli Talmor

On Libra , regulation and financial- crime prevention.

On July 29 , 2019 Facebook has issued a warning in the investors report, that Libra digital currency may never see the light of day: In the risk factors section of the report, Facebook said it recogn...

02 Aug 2019
Blockchain Observations
Robert Siciliano

Apps for Stalkers Disguised as Parental Control Tools

Sell something called “SuperParent” or even the actual FlexiSpy — and all is swell. Frankly, I’m not opposed to monitoring a child’s phone, kids shouldn’t have phones anyways. But sell something call...

01 Aug 2019
Gabriel Schild

How Financial Organizations Can Stay Ahead of Cyber Threats and Keep Data Secure

Banks and financial institutions are responsible for customer’s money and sensitive financial information and are held to a higher standard for security. Data breaches can have severe consequences and...

29 Jul 2019
Mike Kiser

PSD2 and two-factor authentication: a double security challenge for banks

September 14, 2019 is rapidly approaching, and with it the full mandate of PSD2: open banking will continue to make inroads into the financial fabric of society. While the full realisation of this con...

26 Jul 2019
Banking Strategy, Digital and Transformation
Robert Siciliano

Florida City Pays Hackers dollar 600,000 after Scam

Riviera Beach, a city in Florida, has agreed to pay a $600,000 ransom to hackers who attacked its network. This week, the City Council voted to pay the demands after coming up with no other option to...

25 Jul 2019
Andrew Davies

Preventing Payments Fraud in a Flash

Financial services, and payment systems in particular, continue to transform at a great pace. Such transformation, and the speed with which money can now move, provides consumers of financial services...

23 Jul 2019
Financial Risk Management
Joris Lochy

Multi-Factor Authentication and Identity Fraud Detection in the Financial Services Industry

1. Introduction The financial services sector is evolving rapidly: increasing and changing customer expectations, a radical shift towards digital channels (mobile), a tsunami of new regulations (PSD2,...

17 Jul 2019
Digital Identity Management
Stuart Jackson

Is banking security in Africa holding fintech back?

Many people, including myself, are becoming more interested in what’s going on in African banking and fintech. Investors and infrastructure founders such as Dana Buys, Mzi Khumalo, and Dr Segun Aina ...

11 Jul 2019
Information Security