risk-management
FinanceWhat Security Means for Financial Institutions in a Digital-First Economy
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Russia About to ‘run Out of Steam’ in Ukraine, British Spy Chief Says
Date: July 21, 2022
By Phil Stewart ASPEN, Colorado (Reuters) -Russia’s military is likely to start an operational pause of some kind in Ukraine in the coming weeks, giving Kyiv a key opportunity to strike back, Britain’s spy chief said on Thursday. Richard Moore, chief of the Secret Intelligence Service (SIS) known as MI6, also estimated that about 15,000...
Why Financial Institutions Can’t Bank on Encryption
Date: July 21, 2022
Simon Mullis, Chief Technology Officer at Venari Security The past few years have seen a marked increase in geo-political tensions and emerging cyberattacks, keeping security teams on their toes. One of the most significant security threats however, is already hiding in plain sight – remaining undetected within encrypted traffic. A major target for these attacks...
A Culture of Cyber Security Throughout Financial Services Organisations
Date: July 21, 2022
Michael Cantor, CIO, Park Place Technologies Financial Services organisations have long been a top target for cyber-attacks given both the nature of their financial transactions and the sensitivity of the data being held and processed. It is not just the digital transactions themselves that entice cyber criminals to regularly try and breach existing security protocols....
False Positives: What Impact Do They Really Have?
Date: July 20, 2022
By Daniel Holmes, Fraud Prevention SME at Feedzai False positives are an inconvenience for both banks and their customers, as too many could mean incurring significant costs over longer periods of time. While it is impossible to eradicate false positives completely, banks must work to better understand them to address the growing issue. What is...
The Role of Governance and Controls in Meeting Changing ESG Expectations
Date: July 20, 2022
By Erik Saito, SVP, General Manager of EMEA & APAC at Workiva Recent conversations around ESG often revolve around the ‘social’ and ‘environmental’ activities that companies are undertaking, but ‘governance’ tends to be lower on the agenda. Within the context of ESG, ‘governance’ refers to the rules and processes that decide how an organisation operates,...
How Financial Organisations Can Maintain Business Continuity in the Face of Challenges
Date: July 20, 2022
By Mark Adams, Regional Sales Director, Northern Europe at Cohesity Financial organisations take a great deal of calculated risks. They evaluate the positives and negatives, making decisions accordingly. However, not every eventuality can be controlled, even with planning and preparation. And during a period when downtime is unacceptable, business continuity is vital. Setting up a...