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Financial Services has always been seen as a complex player when it comes to IT transformation. In some respects, the industry can be viewed as a forerunner with new products and services and online a...
In the finance market risk is modeled and forecast using a combination of statistical modeling and “stress testing”. Why don't we take a similar approach to cyber-security? The traditional response is...
The past few years have seen banks playing catch up to the technological disruption which has unfolded across all industries. While the fintech sector is booming, many larger banks are still lacking t...
Recent reports confirm the trend towards ever more serious cyber-security breaches (“90 percent of large companies have suffered a data breach over the last year, compared to 81 percent last year” PwC...
Last year, says the security firm Gemalto, over 700 million records were breached. Or, to put it another way, this translates to two million stolen or lost records every day. 2015 Breach Level Report ...
Hackers holding banks, companies and individuals' information to ransom sounds like a Hollywood plot, but it's very real. Ransomware - malicious software that encrypts data on internal computer system...
SIM swap attacks are a challenge for banks because they exploit weak ID&V processes implemented by the mobile service providers. In addition there is a general trend, especially pronounced with so...
Both the digital and the biometric worlds are developing so quickly, they have infiltrated every industry to some degree. Even the traditional banking and financial services sector is seeing these wo...
The explosion of data, brought about by ever sophisticated and pervasive technologies, has led to the new General Data Protection Regulation (GDPR), which will be the most comprehensive shake up of da...
Stop clicking on e-mails about your package delivery! Scam, scam, scam! Look, it’s simple: Scammers are also pretending to be from the DHL and FedEx shipping companies, not just UPS. Crooks know that...
1 billion+ users. 330 million of which use the app for business purposes and happily share the latest HR files, sales pipelines and company intelligence over the messaging app. Lately, IT Managers...
The Identity Protection PIN tool on the IRS.gov site has been temporarily suspended—because it was recently hacked into. The tool provides retrieval of forgotten or lost IP PINs to users who want an e...