71 Results from 2022, /security
Jason Lane-Sellers Director, Market Planning EMEA at LexisNexis Risk Solutions
The banking sector was named the most trusted overall by UK consumers in a recent study into digital trust by LexisNexis Risk Solutions. Banks got the highest share of votes (86%) from consumers when asked which sectors they most trust overall, and nearly two-thirds of UK adults (60%) said they trust banks most to keep their personal details safe ...
01 August 2022 /security /crime Exposing Financial Crime
Kashif Hafeez Senior Director of Marketing at cPacket Networks
Financial Services companies rely on their networks to provide market data to their customers without gaps and facilitate financial trades at high speeds. These networks require extremely low latency – far lower than most enterprises - and must be kept secure. This places great pressure on the IT teams supporting these networks to maintain these l...
25 July 2022 /security /cloud Banking Strategy, Digital and Transformation
Tristan Hinsley Cybersecurity Engineer at TDI Security - tdisecurity.com
According to the 2022 Verizon Data Breach Investigation Report (DBIR), data breaches caused by ransomware has almost quintupled, rising from 5% to over 25%. Additionally, the cost of data breaches has risen drastically in recent years. In 2021, the cost of a data breach has risen to $4.24 million on average, an increase of over 10% according to ...
22 July 2022 /security /retail
Greg Woolf CEO at Fiverity
When harnessed correctly, collaboration is an extremely powerful tool. It drives innovation, increases chances of success, improves communication...the list goes on. But did you know that collaboration is also the financial services industry’s best line of defense when it comes to meeting one of its greatest challenges – detecting digital fraud? ...
20 July 2022 /security /crime Data sharing
Ameesh Divatia Co-founder and CEO at Baffle
In the absence of a national privacy referendum—similar to the EU’s GDPR—states are taking matters into their own hands with individual privacy laws. As of June 2022, five states—California, Colorado, Connecticut, Utah and Virginia—have passed privacy initiatives. Previously, organizations would need tools from disparate companies to protect their...
14 July 2022 /security Data Management 101
Jim Steven Head of Crisis & Breach Response at Experian Consumer Services
Until you have experienced a consumer crisis in your business, it’s difficult to understand the breadth and depth of impacts on employees, customers and the business. Or the amount of time, resources and cost that will be absorbed in managing your response. Overcoming a crisis becomes all-consuming, since the very survival of the business often de...
12 July 2022 /security Data Management and Governance
René Hendrikse Vice President & Managing Director, EMEA & LATAM at Mitek
Are you a good password user? If you have different passwords for every account, each a unique configuration of letters, numbers, capitals, and symbols, perhaps you are. No one can access your accounts. Including you. Today, to access our many online accounts, each of us has an average of a hundred passwords. We need the accounts to access modern l...
06 July 2022 /security /crime Information Security
Caris Jackson Marketing Content Writer at UTP Merchant Services Limited
As a society we cannot seem to catch a break. We have had the relief of coming out of a global pandemic and various lockdowns. But now we have a cost-of-living crisis, a recession looming, and are facing an epidemic of fraud. Times cannot be tougher. Energy bills are on the rise, along with fuel and food prices. Fraudsters are preying on us when s...
06 July 2022 /security /crime
Kevin Eley VP of Sales, UK and Europe at LogRhythm
Over the last 18 months, the need for greater cybersecurity across the globe has risen due to a significant shift to remote working and more vulnerable security infrastructure as a result of this. Organisations need to detect and neutralise a threat before it attacks, not play catchup once the impact has been felt. Some organisations use formal s...
01 July 2022 /security Business
Retired Member
Adoption of biometric payment cards is increasing across the globe, and there are many reasons for this. Let’s start with regulatory compliance and enhanced security. The recently imposed Strong Customer Authentication (SCA) under the Second Payment Services Directive (PSD2) requires banks to perform more checks to confirm the identity of a consum...
29 June 2022 /security /payments Biometrics
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