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Information Security

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 ...

Doug Wick

Doug Wick VP, Products and Marketing at ALTR

Limiting the impact of misconfiguration and creating modified database access logs

This is the third and final article of a three-part series which investigates the top five human threats to the data held by banks and financial institutions, and offers a fresh perspective on how the industry can make a fundamental shift away from failed perimeter protection. ____________ As organizations install new hardware or transfer to ...

/security

Doug Wick

Doug Wick VP, Products and Marketing at ALTR

Tackling Private Data Exposure and Cyber Theft at Banks Using Privileged Database Access

This is the second installment in a three-part series which investigates the top five threats to the data held by banks and financial institutions, and offers a fresh perspective on how the industry can make a fundamental shift away from failed perimeter protection. ____________ Banks rely on financial and physical supply chains, information syste...

/security

Doug Wick

Doug Wick VP, Products and Marketing at ALTR

How to Address the Top 5 Threats to Banking Data

This is the first article in a three-part series which investigates the top five threats to the data held by banks and financial institutions, and offers a fresh perspective on how the industry can make a fundamental shift away from failed perimeter protection. ____________ The first step in developing a resilient cybersecurity posture is identify...

/security

Retired Member

Retired Member 

Is banking security in Africa holding fintech back?

Many people, including myself, are becoming more interested in what’s going on in African banking and fintech. Investors and infrastructure founders such as Dana Buys, Mzi Khumalo, and Dr Segun Aina have certainly played a role in turning attention towards this vibrant, exciting continent. But while we are focused on the opportunities and innova...

/security /regulation

Konstantin Rabin

Konstantin Rabin Head of Marketing at Kontomatik

Banking security under AI control

When thinking of AI in the context of banking, many people immediately start considering the uses of it to be either customer related or somehow used for optimization processes. Even when considering the security applications of AI, the primary purpose that banks think of applying the technology to becomes fraud prevention when in lending operatio...

/security

Retired Member

Retired Member 

Are banks about to make a mistake using OTPs via SMS?

We’re all well aware that passwords are indeed all but useless at this stage, some have been aware for longer, some more aware of the threats, but I think we’re all there: passwords are not sufficient to protect our money or data anymore. There are a few reasons for this, among which are attacks such as phishing, social engineering, and man-in-the-...

/retail

Uri Rivner

Uri Rivner CEO and Co-Founder at Refine Intelligence

State Sponsored Attacks: Is the US taking the gloves off?

It looks serious this time: the Trump administration says it’s ready to hit China with direct sanctions for what the US says is a sustained digital industrial espionage campaign. It’s quite unprecedented – at least as far as US policy is concerned – and is intended to apply real-world pressure on China so it stops what the Western world agrees

/security

Retired Member

Retired Member 

Why improving cyber resilience starts with a better understanding of current capabilities

In a recent speech at Bloomberg, Megan Butler, Executive Director of Supervision at the FCA, described the threat level facing financial firms as ‘remarkable’. These comments were made in light of a new a report revealing that the root cause of nearly a fifth of operational incidents reported to the FCA in the last 12 months were cyber-related. ...

/security /regulation

Retired Member

Retired Member 

Top 4 ways to secure your data in the cloud

In today’s information age, a daunting challenge for financial organisations of all sizes is determining the right approach to the storage of large volumes of data in a safe, cost-effective, compliant and easy-to-access manner. Deploying solutions on premise can be complicated and put stress on budgets and infrastructure space as the process would...

/security /regulation

Uri Rivner

Uri Rivner CEO and Co-Founder at Refine Intelligence

Fortnite Scams: what you need to teach your kids

Everyone with kids aged nine and above must be painfully aware of the highly addictive online game that became their single most popular post-school activity. And not just kids are playing it: teenagers, professional athletes, movie stars, and basically people with a lot of spare time all flock to Fortnite, the last-man-standing virtual battle s

/payments