Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
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 account...
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 fac...
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. Org...
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 Cust...
The financial services industry has one of the highest rates of insider data breaches, costing on average $21.25 million in the past year alone. Whether it’s an employee acting with malicious intent,...
Over the past few years, the banking and financial services landscape has transformed massively. Where once the large conglomerates and legacy banks dominated the industry, the rise of ‘Challenger Ban...
Consumers must be at the heart of any crisis response plan. When any business is hit by a crisis, it sends shockwaves throughout the organisation. The impacts of a cyber-attack, health emergency or da...
You can often hear from me and my colleagues security engineers about the defense in depth approach to protecting the user data. Does this mean putting as many tools and security controls in your code...
Along with the added security that the newly enforced Strong Customer Authentication (SCA) introduced for online retailers in the UK comes added complications when determining the most efficient and c...
The pivot by many banking and financial firms to digital by default over the past few years has played out against a huge surge in cybercrime, with the pandemic creating a perfect storm for new method...
One of the most common concerns security engineers hear sounds like “field level encryption is awesome, but alas we can not afford it because we will need to completely rewrite the code and encryption...
Any business is now liable for sanctions violation penalties - not just financial institutions Sanctions compliance used to be primarily a worry for financial institutions. However, Russia’s invasion ...