2282 Results from /security
Pavlo Farb Security Engineer at Cossack Labs
Check this list while planning a new business and putting your fintech app in the cloud. By noting these arguments you can avoid risky misconceptions of trusting too much responsibility to cloud providers and cloud environments. From our experience at Cossack Labs, we know that such an approach saves data, funds, and reputation. First, start with r...
23 August 2021 /security /cloud Digital Banking Trends
Rick Goud CIO at Zivver
Human error is the leading cause of data loss events; this is widely acknowledged today. It’s time to leverage technology to arm employees with the skills and knowledge they need to be your organisation’s greatest defence, rather than your weakest link. Accidental data leakages caused by people – emailing sensitive information to the wrong person, ...
17 August 2021 /security /cloud
Retired Member
Ransomware on the rise: What are the risks? As financial technology becomes increasingly sophisticated and ubiquitous, so too do the risks of cybercrime. Financial institutions are prime targets for a litany of attacks including ransomware due to the vast quantities of critical value data (CVD) relating to its customers and employees. Ransomware ...
06 August 2021 /security /crime Information Security
Ali El Kaafarani CEO & Founder at PQShield
Quantum computing is proving to be enormously exciting for financial institutions. Already, Goldman Sachs and Deutsche Börse are exploring quantum algorithms to calculate risk model simulations 1,000 times faster than currently possible, while BBVA is looking to quantum to optimise investment portfolio management. But a more sinister aspect to...
05 August 2021 /security /crime
Laura Francis Head of Brand and Marketing at Form3
Cloud adoption among banks has accelerated exponentially in recent years with views now pivoting towards seeing cloud as central to resiliency challenges. Unlike cloud-based systems, legacy technology cannot be easily patched and upgraded. As a result, weaknesses can remain in a system for a significant stretch of time. It is not surprising that 6...
04 August 2021 /security /payments The Payments Business
Lots of recently introduced regulations require audit logging as one of the measures for data protection in fintech. We know from practice that cryptographically signed audit logging can be a secure and pragmatic way to cover this point. Let's cut through complexity. Audit logs, or audit trails, capture evidence about any activity in your software...
02 August 2021 /security /devops Fintech
Cybercrime is rising across the board, and one of its top targets appears to be financial regulators. Financial services have long been on the front line of the fight against cybercrime. However, with attacks surging during the pandemic, that fight is becoming increasingly urgent. Regulators find themselves with the task of building capacity within...
29 July 2021 /security /regulation
Transitioning to 3DS2 entails many benefits when compared to 3DS1, such as frictionless flow, enhanced security, and improved mobile device compatibility. However, its implementation can be a cumbersome task, presenting numerous challenges. Therefore, it is important to be aware of such impediments and the solutions that can be adopted to address ...
29 July 2021 /security /payments Frictionless Payments
The financial services industry is facing an increasing number of issues related to the adoption of cloud-based services. The growth of cloud and SaaS has accelerated with the consumerisation of information technology, along with the shift to working from home. Users have become comfortable downloading and using apps and services from the cloud to...
23 July 2021 /security /identity Banking Strategy, Digital and Transformation
Michel Robert Chief Executive Officer at Epsilon Telecommunications
In recent years, banks have become one of the largest adopters of cloud. According to IBM, they account for around 16% of total global cloud expenditures, and also face some of the most stringent security, regulatory and compliance obligations of any sector. A recent Celent survey commissioned by IBM found that 33% of financial institutions indica...
22 July 2021 /security /cloud Banking Strategy, Digital and Transformation
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