Russia’s Federal Security Service has created the National Computer Incident Coordination Center to combat cyber threats against the country, especially its “critical infrastructure”. The Center will charge with: detecting, preventing and …
Read More »New data privacy regulations changing “business as usual”
The digital economy is lucrative yet highly-vulnerable, with cybercriminals relentlessly hunting for vulnerabilities and security gaps. This has led to a flurry of recent data breach incidents giving rise to …
Read More »China’s microchip infiltration of U.S. computers
As part of a technological due diligence by Amazon when evaluating a potential acquisition, it was found that many motherboards assembled by Super Micro Computer Inc. (SuperMicro) for Elemental Technologies …
Read More »Infographic: 2017 Consumer Cybersecurity Confidence Index
In an increasingly digital world, consumers want to ensure that their personal information is not at risk of falling into the wrong hands. Here’s a quick overview of consumer opinions …
Read More »Video: the dark web
Beneath the surface of the internet exists a largely hidden world – the dark web. Find out what the dark web is and what goes on there in this short …
Read More »Video: cybersecurity and financial services
Join Emmanuel Le Marois, a manager at the Association for Financial Markets in Europe (AFME), as he discusses why cybersecurity is an important issue for financial services, what cybersecurity actions …
Read More »Infographic: cybersecurity drivers
In today’s digital world, cybersecurity is not just a luxury; it’s a necessity. This is especially true in the financial services industry, a popular target for major cyber-attacks in recent …
Read More »Video: the evolving cyber threat to banking
Cyber threats to the financial industry are constantly evolving, with malicious actors become more and more sophisticated in planning and executing their attacks. Find out why we must all be …
Read More »Top 10 trends impacting the future of payments
The way people make payments is changing faster than any area of financial services, and understanding trends in payments is important for any financial institution wanting to serve the complete …
Read More »Payments: from cashless to cardless
The days of plastic payment cards are numbered, and mobile wallets are starting their taking over. The recent global rise in contactless payments, as well as biometrics, demonstrates that consumers …
Read More »MasterCard and IBM create Truata, an independent data trust
MasterCard and IBM have founded Truata, an independent trust that will allow companies to conduct analytics while complying with the upcoming General Data Protection Regulation (GDPR) of the European Union …
Read More »RegTech improves compliance but also increases costs
RegTech is widely used in the financial industry to comply with regulations. However, according to Bank Director’s 2018 Risk Survey, the cost of implementing RegTech has increased. 55% of the …
Read More »How artificial intelligence is changing fintech
Artificial intelligence has taken the tech world by storm, allowing companies to cut costs, automate a variety of their processes and boost their bottom line. Most commonly, chatbots are being …
Read More »Artificial intelligence “arms race” likely to heat up in 2018
Security software vendor McAfee has warned that 2018 is likely to see hackers employ machine learning, deep learning and artificial intelligence to support their cyber-attacks and find vulnerabilities faster than …
Read More »Five key areas for the use of artificial intelligence
Herman Gref, head of Sberbank, outlined five key areas for the use of artificial intelligence while speaking at the ‘Open Innovations’ forum: Customer-interaction bots — as artificial intelligence learns, it …
Read More »Customer-driven card-control systems gaining in popularity
Customer-driven card-control systems are starting to become more popular. They also provide greater security and a way for customers to control their payment instruments via one smartphone-ported application. Specifically, card-control …
Read More »IT policies for more secured cloud usage
The following internal policies provide for maximum cloud data security and prevent unnecessary information leaks. Basic policies: employee trainings on how to handle sensitive data in various situations advanced access …
Read More »8 tips on how to protect bank and client data
Determine the parameters of a normal course of business The standard parameters of business operations can be detected with the help of analysis tools. Once these parameters are determined, they …
Read More »Unibank receives PCI Data Security Standard certificate
Unibank has successfully passed PCI Data Security Standard (PCI DSS) requirements for 2016 and has been awarded the PCI DSS certificate. PCI DSS is one of the best security standards …
Read More »Creative fees offset Georgian attempts at cheaper financing
Some lenders are setting traps for customers in their online services designed to compensate for financial losses suffered following stricter interest rate regulations imposed by the government of Georgia. One …
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