Collaborate Disseminate
The Financial Conduct Authority (FCA) recently ran a survey on UK financial crime to understand the threats faced by the market. As a regulator with nearly 60,000 financial services firms under its purview, the FCA required all UK-based banks — … Continue reading The State of UK Financial Crime, Fraud, and Money Laundering
The open banking trend continues around the world, and most recently, the U.S. has taken another step towards adopting the policy. On July 31, the U.S. Department of Treasury published a detailed report, titled A Financial System That Creates Eco… Continue reading Open Banking is Coming to the U.S., But How Secure Will it Be?
There is a lot happening in regards to regulation for financial institutions (FIs) around the globe. In many countries, there is a drive for further regulation; meanwhile in the U.S., we are seeing bank regulation reform and deregulation, as evidenced… Continue reading Top Banking Regulations & Security Compliance Requirements for 2018
On May 14, 2018, the Supreme Court of the United States (SCOTUS) ruled in favor of New Jersey’s case to repeal the Professional and Amateur Sports Protection Act (PASPA), thereby paving the way towards legalizing online sports betting in the U.S… Continue reading U.S. Paves Way for Legal Online Sports Betting
The Economic Growth, Regulatory Relief, and Consumer Protection Act was just signed into law by President Trump. Also known as the Dodd-Frank Repeal, the new law removes many of the regulations imposed on banks after the financial crisis and the… Continue reading Dodd-Frank Repeal Facilitates Remote Digital Onboarding with a Scanned Driver’s License
The following article, authored by Michael Magrath, Director, Global Regulations & Standards, first appeared 4/13/18 on CSO Online. Seven years ago, the Obama Administration published the National Strategy for Trusted Identities in Cyberspace (NST… Continue reading From NSTIC to Improved Cybersecurity: U.S. Government Updates ICAM Policy
The following article, authored by Michael Magrath, Director, Global Regulations & Standards, first appeared 2/28/18 on CSO Online. The New York State Department of Financial Services (DFS) regulates over 1,400 insurance companies and approximatel… Continue reading Financial Services Cybersecurity: NY DFS & NIST Align on Multi-factor Authentication
Recent news accounts of security researchers discovering a database containing 1.4 billion breached credentials — reportedly, the largest such find on the Dark Web — is yet more evidence that online identity proofing that relies only on KB… Continue reading Stolen Credentials on the Dark Web: A Wake Up Call for Organizations Using KBA
I recently registered as a patient on a leading telehealth provider’s website. I was very surprised around the lack of identity assurance. The only verification requested was my insurance card and I had the option of skipping that step since insurance is not a prerequisite for service. WOW! In an era of stolen credit cards, stolen identities and ever prospering cybercrime, this is really not acceptable. Telehealth can become a… Read more
The post Telehealth Needs Secure Patient Identification Practices: What I found out from my telehealth experience appeared first on VASCO Data Security – Blog.
I recently registered as a patient on a leading telehealth provider’s website. I was very surprised around the lack of identity assurance. The only verification requested was my insurance card and I had the option of skipping that step since insurance is not a prerequisite for service. WOW! In an era of stolen credit cards, stolen identities and ever prospering cybercrime, this is really not acceptable. Telehealth can become a… Read more
The post Telehealth Needs Secure Patient Identification Practices: What I found out from my telehealth experience appeared first on VASCO Data Security – Blog.