76 Results from 2023, /security
Gilbert Verdian Founder and CEO at Quant
Blockchain technology has long been lauded for its promise of decentralisation, security, and scalability. But despite these lofty ideals, adoption has been slow. The complexity involved in implementing blockchain solutions has proven to be a significant obstacle, particularly for small and medium-sized firms (SMEs). There are currently hundreds o...
31 July 2023 /security /startups Blockchain in Banking and Financial Services
Retired Member
Managing enterprise-wide operational resiliency has historically been a complex problem for Financial Service Institutions (FSIs). One year ago, the European Commission announced plans to establish a Joint Cyber Unit to tackle serious cyber incidents impacting national infrastructure and businesses across the EU. There are many kinds of cyber inc...
27 July 2023 /security /regulation Big Data
Aare Reintam Chief Operating Officer at CybExer Technologies
The Digital Operational Resilience Act (DORA) will enter into force on the 17th January 2025. After this point, banks, other financial institutions, and all organisations providing services and products in the financial sector in the EU will be required by law to adhere to the regulation. This includes explicit rules around areas including incide...
19 July 2023 /security Information Security
Adam Preis Global Strategist at Ping Identity
FinTech and banking applications are accessed every day by millions of consumers around the world, and passwords remain the primary method of authenticating users into the service. Yet, they are inherently vulnerable and create risks for every financial organisation that exists. So, how do we mitigate that risk without compromising on experience, ...
17 July 2023 /security /identity Banking
Richard Orange Vice President EMEA at Exabeam
Banks and financial institutions continually face threats from cybercriminals attempting to exploit weaknesses in their digital systems. According to the 2022 Verizon Data Breach Investigations Report, 26% of incidents in the financial sector are caused by malicious insiders, 56% by negligent insiders, and 18% by compromised insiders, emphasising ...
12 July 2023 /security /crime Digital Banking Trends
Sanjay Vichare Solution Architect at TCS
ABSTRACT In a recent survey was observed that cyberattack in contact centers has increased by 40% & it is in increasing trend worldwide. Legacy contact center technology normally does not have any intelligence & analytic capabilities. Also, knowledge-based authentication process can be easily crack & vulnerable to cyberattacks. Hence, ...
20 June 2023 /security Digital Contact Center Trend
Austin Talley Founder and CEO at Everyware
In the age of digitization, securing online transactions is paramount, and Multi-Factor Authentication (MFA) is paving the way towards more robust safeguards. This innovative security measure is transforming the way we authenticate identities, promising a future where every online payment is safeguarded by multiple layers of protection. No longer ...
16 June 2023 /security /payments
As the world of cryptocurrencies continues to grow and evolve, the need for secure and reliable cryptocurrency wallets has never been greater. The importance of a well-protected crypto wallet cannot be understated, as it is the key to ensuring the safety of your digital assets. In this article, we will explore the top 10 secure cryptocurrency w
14 June 2023 /security /crypto Personal Finance
With the increasing popularity of digital currencies, security has become a primary concern for users who want to keep their crypto safe. Wallet integration plays a critical role in ensuring that transactions are secure and protected. In light of recent events, such as the Atomic Wallet data breach, this article aims to discuss the importance of ...
07 June 2023 /security /crypto Personal Finance
The increasing availability of data in the finance industry provides firms with the opportunity to gain deeper insights into market trends, customer behaviour, and exposure to risk. With the help of advanced analytics and machine learning, finance firms can use this data to improve their decision-making processes, increase efficiency, and ultimate...
24 May 2023 /security /crime Banking Regulations
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.