Biden legitimizes cryptocurrency with regulatory exploration

For some time, cryptocurrency was considered a fringe currency – a libertarian means of investing that challenged the traditional framework of brokers, trade desks and advisers. Cryptocurrency was unique: for good and for ill, it put investments (and m… Continue reading Biden legitimizes cryptocurrency with regulatory exploration

Top threats for the financial sector

The potential financial, operational, and reputational impact of ransomware makes it the top threat facing financial services organizations, according to a report from F-Secure. Phishing, exposed remote desktop protocol (RDP) ports, and the exploitatio… Continue reading Top threats for the financial sector

Mid-market tackling high rate of costly attacks, worsened by complex, siloed defences and staff burnout

Mid-market organizations in the UK suffered significant financial and operational damage as a result of cyberattacks in 2021, and want to see fundamental change to how cybersecurity is designed and run, a Censornet research reveals. 33% of mid-market o… Continue reading Mid-market tackling high rate of costly attacks, worsened by complex, siloed defences and staff burnout

5 Key Benefits of Digitalizing Your Business’ Payments and Collections

By Owais Sultan
As a business person, you become more empowered if you know more about your cash flow and how…
This is a post from HackRead.com Read the original post: 5 Key Benefits of Digitalizing Your Business’ Payments and Collections
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What is pushing financial services institutions to deploy cloud technologies?

Financial services leaders cite increased future revenues (62%) and improved future profitability (52%) as leading reasons to deploy cloud technologies, according to a financial services study by Capco. The report identifies the key trends and opportun… Continue reading What is pushing financial services institutions to deploy cloud technologies?

How wealth managers leverage behavioral intelligence tech to thwart client abuse

In this interview with Help Net Security, Lee Garf, GM of Financial Markets Compliance at NICE Actimize, explains how behavioral intelligence technology can help the finance sector tackle client abuse and lower regulatory risk. How has the pandemic imp… Continue reading How wealth managers leverage behavioral intelligence tech to thwart client abuse

Open banking innovation: A race between developers and cybercriminals

In this interview with Help Net Security, Karl Mattson, CISO at Noname Security, explains the wide usage of open banking and how it can easily be exploited if adequate security measures are not implemented. As open banking becomes widely used, it opens… Continue reading Open banking innovation: A race between developers and cybercriminals

Why cybersecurity and anti-fraud teams need to collaborate

Over the past couple of years, there has been unprecedented change in the world of financial services. The shift to online banking has accelerated the need for digital transformation. As a result, financial institutions are adopting a range of innovati… Continue reading Why cybersecurity and anti-fraud teams need to collaborate

Digital transformation leaders reaping the fruits of their investments

Financial services firms who invested in next-gen technologies and continued their digital transformation push in 2021 are already experiencing the positive effects of these investments, according to a global survey of 750 financial service firms, rele… Continue reading Digital transformation leaders reaping the fruits of their investments

Ransomware, supply chain, and deepfakes: The top threats the finance industry needs to prepare for

The finance industry is constantly targeted by numerous threat actors, and they are always innovating and trying new techniques (such as deepfakes) to outsmart security teams and breach an organization’s network. In addition to that, there is currently… Continue reading Ransomware, supply chain, and deepfakes: The top threats the finance industry needs to prepare for