cybersecurity
TechnologyA Culture of Cyber Security Throughout Financial Services Organisations
BusinessHow Financial Organisations Can Maintain Business Continuity in the Face of Challenges
FinancePreventing Zelle Fraud Through Behavioral Biometrics
TechnologyThe Human Cost: Why the Financial Sector Is Still Rife With Social Engineering Fraud
How to Combat the Growing Problem of Synthetic Identity Fraud
Date: July 15, 2022
By Christian Mangold, CEO Fraugster Key Takeaways: Synthetic identity fraud, involving the creation of a fake identity by combining stolen IDs with real user data, has grown into a €19.38bn problem for ecommerce, rising by 109% YoY. Increasing number of data breaches, ease of access to fake IDs via the dark web and an endless supply...
The Digitalisation of the Financial Services Industry Is Accelerating
Date: July 15, 2022
By Chitra Baskar, Intertrust Group While technology has been the dominant driver of growth and innovation in the financial services industry for decades, its impact is getting deeper and more profound. In short, financial services technology is currently in the midst of a profound transformation, as CIOs and their teams prepare to embrace the next...
How to Bolster Operational Resilience for Financial Services in Three Steps
Date: July 14, 2022
By Pete Bowers, COO at NormCyber Great changes are afoot in the financial services sector after new operational resilience rules and guidelines came into force on 31st March 2022. These rules govern the actions businesses must take to prevent, adapt and respond to, recover and learn from various forms of operational disruptions, and require that...
Financial Institutions Must Start Thinking Differently About Cybersecurity, Risk, and Resilience
Date: July 14, 2022
By Andy Norton, European Cyber Risk Officer at Armis According to 79% of those taking part in the most recent Bank of England systemic risk survey, cyber-attack was the most cited risk to the UK’s financial system. A survey, it should be noted, that was carried out prior to the Russian invasion of Ukraine and...
Why the Digital Skills Shortage Poses a Security Risk for Banks
Date: July 13, 2022
By Sam Schofield, Senior Vice President of Enterprise at Udacity The digital skills shortage has hit a crisis point and the effects are being felt firmly across the UK. Millions of workers lack the vital digital workplace skills necessary to do their job according to a report part-commissioned by Lloyds Banking Group. Not only is this causing a slow...
The Growth in Click Fraud and the Telling Signs to Look Out for When Running Ad Campaigns
Date: July 12, 2022
By Stewart Boutcher, CTO and Data Lead at Beacon Click fraud – the practice of repeatedly clicking on an online advert with the intention of either generating revenue for the host website or draining revenue from the advertiser – has long been a substantial threat to digital marketers. According to statistics published by Manchester Digital,...