Only one quarter of retail banks have adopted an integrated approach to financial crime systems

Most banks plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines, with the U.K. leading the pack, according to a survey by Ovum, on behalf of FICO. Responses show tha… Continue reading Only one quarter of retail banks have adopted an integrated approach to financial crime systems

Modern Database Security Buys Down More Risks for Enterprises

Pop quiz: how many data records are lost or stolen on an average day? 1 million? 3 million? 6 million? If you answered 6 million, you’re correct, according to the Breach Level Index. According to the Index, 14.7 billion records have been lost or … Continue reading Modern Database Security Buys Down More Risks for Enterprises

Steps executives are taking to increase security while launching new ways to pay

More than 80 percent of organizations that have been impacted by a data breach have introduced a new security framework and 79 percent have reduced employee access to customer data, according to new benchmark data, “2018 Global Payments Insight Survey:… Continue reading Steps executives are taking to increase security while launching new ways to pay