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The risks from Cyber cime - Hacking - Loss of Data Privacy - Identity Theft and other topical threats - can be greatly reduced by implementation of robust IT Security controls ...
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Tristan Hinsley Cybersecurity Engineer at TDI Security - tdisecurity.com
Over the last half decade, industry insiders around the world have watched cybersecurity budgets balloon astronomically to fight the ongoing threats facing businesses everywhere. The rise of ransomware, the constant assault of phishing attacks, the never-ending list of vulnerabilities, it all culminates in a diverse threat profile that requires a ...
30 September 2022 /security
Steve Bradford Senior Vice President EMEA at SailPoint
2022 has so far seen an insatiable appetite for stories of fraud. From ‘The Tinder Swindler’ Simon Leviev fooling potential love interests into giving him millions of dollars to escape his "enemies”, to con artist Anna Delvey winning the hearts and purses of New York’s social elite in ‘Inventing Anna’, fraud has become the most popular topic ...
31 August 2022 /security /identity
Boris Bialek Field CTO, Industry Solutions at MongoDB
It wasn’t that long ago that security professionals protected their IT in much the same way that mediaeval guards protected a walled city – they made it as difficult as possible to get inside. But once someone was past the perimeter, they had generous access to the riches contained within. In the financial sector, this means access to personal ide...
30 August 2022 /security /cloud
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
Todd Carroll CISO at CybelAngel
Banks, fintechs and other financial institutions have a unique responsibility to maintain the highest level of data security. Billions of people trust them with highly sensitive personal information, ranging from credit scores to home addresses, birth dates and social security numbers. However, this data means that banks are very attractive targ...
13 April 2022 /security /crime
Amit Agarwal Founder at Cyber Infrastructure
Cloud-based services are expected to be the dominant technology in the digital age. According to Cisco Cloud, the cloud will house more than 94% of the workload and computing operations by 2021. Cloud computing is increasing in popularity within eCommerce and other business sectors because of advantages like scaling, improved productivity, lower c...
25 January 2022 /cloud
Just as we wrote about the Top 5 Cyber Attacks in the Aviation Industry, credit unions have faced similar issues as the target of dedicated cyber criminals. In a recent blog post, we talked about the risks that credit unions face in the current threat landscape, but we didn’t talk about specific events. In the first half of 2021 alone, the financ...
29 December 2021 /security /retail
Robert Prigge CEO at Jumio
According to UK Finance, there was an 84% surge in “impersonation scams” at the start of the pandemic as fraudsters looked for ways to capitalise on COVID-19. With our financial lives now heavily online, accelerated by the pandemic and 100 bank branches shutting every month across the UK, financial organisations are under increased pressure to ke...
21 December 2021 /regulation /identity
Mark McCluskie Head of Investigations EMEA at Nuix
Fraudulent activity surging The Office of National Statistics (ONS) has reported that 5 million fraud offences were committed in the year ending June 2021: A 32% increase compared to 2019. Despite the prevalence of fraud across the country, some corporates including financial institutions believe that criminal behaviour isn’t something that they ...
15 December 2021 /security /crime
Reuven Aronashvili Founder and CEO at CYE
Just a few weeks before Halloween, Chicago-based candy-maker Ferrara, famous for Nerds, LaffyTaffy and other treats, experienced a ransomware attack that shut down several of its facilities, making it unable to fill orders during one of its busiest times of the year. This should serve as a warning sign for all retailers as we head into the holiday...
27 October 2021 /security /payments
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