FinTech

Smart leaders know that their entire team needs to be well-educated on the importance and best practices of cybersecurity if they hope to protect their data. Here are 10 tips …

Demand for cybersecurity has grown into a USD 96 billion industry, and cybercrime costs have risen to an estimated USD 600 billion annually. One new innovative solution to combat cybercriminals …

Most security incidents that lead to confidential data being compromised are the result of companies failing to evolve their security programs to match new technologies.  Following these five principles will …

Cybersecurity is becoming more and more vital to how we live. Here are six up-and-coming cybersecurity tools to keep an eye on in 2019: SafeBlocks – SafeBlocks offers real-time protection …

The outside-in mindset (where cyber threats are treated as external influencers) leaves financial institutions in a reactive mode and needs to change. The inside-out approach (where cybersecurity is aligned to …

Partnerships between financial institutions and FinTechs must go beyond the customer value proposition and provide embedded cybersecurity at all stages of the customer journey. Open APIs present an incredible opportunity …

Researchers have found that companies take an average of 30 days to close known vulnerabilities and that many others delay the installation of updates for several months. This is alarming …

Follow the story of Tim as he deals with the aftermath of posting a seemingly innocuous piece of digital information online. BFC FinTech Monitor 10th – 17th March BFC FinTech …

Phishing is a massive global issue that more than 12 million internet users fall victim to each year. Typically, cybercriminals trick users into visiting a fraudulent website where they then …

Biometric technology such as fingerprint and facial recognition have been heralded for years as a replacement for passwords. While this may be true in the distant future, there are a …

In 2017, cyber-attacks caused at least USD 1 million in damage to Kazakhstanis. The exact extent of damages is unknown due to the lack of open data; however, some estimates …

It’s no secret that cybercrime in the world is developing at a rapid pace, with cybercriminals becoming better in their attacks and in ways to tricking people and systems. In …

No one is surprised by contextual advertising after they search for something on Google. But have you ever noticed it after just talking to a friend in a casual conversation? …

There is an arms race developing between cyber criminals on the one side and cryptocurrency exchanges and regulators on the other side. In recent years, there has been a tripling …

Kaspersky Lab has completed a study that shows that Kyrgyzstan ranks in the top 5 in the world for cryptocurrency attacks. According to the study, hackers stole more than USD …

One of the most common cyber threats in Uzbekistan is hidden mining. Although there are still threats associated with the more traditional unknown downloading and installation of a mining program …

Azerbaijan has announced the replacement of cryptographic keys that serve as protection for domain name systems (DNS). Cryptographic keys, first introduced in 2010, are responsible for the security and integrity …

Last year, at least five major cryptocurrency exchanges were hacked, resulting in the loss of hundreds of millions of USD. The fault for such hacks resides on two fronts: the …

Financial institutions have become the epicenter of cyber-attacks, with a successful attack on one rippling through the highly-interconnected financial system. With the rate, pace and sophistication of cyber-attacks continuing to …

The financial services industry has been hit hard with data breaches in recent years, underscoring the need for financial institutions to step up security measures to protect both themselves and …