Banks continue to prioritize risk management over customer convenience
Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are …
banks
Cybercriminals are increasingly using encryption to conceal and launch attacks
In this Help Net Security podcast, Deepen Desai, VP Security Research & Operations at Zscaler, talks about the latest Zscaler Cloud Security Insight Report, which focuses …
90% of consumers value additional security measures to verify mobile-based transactions
A strong majority of US adults value additional security measures for mobile transactions, with 90% reporting they would want the ability to approve some or all mobile device …
Bank of Valletta suspended all operations in wake of cyber attack
Maltese Bank of Valletta (BOV) has been breached by hackers and has temporarily suspended all of its operations to minimize risk and review its systems. The bank shuttered its …
Battling attacks from global criminal networks in the financial sector
Every now and then, banks and financial institutions (and their customers) are targeted by opportunistic hackers, but they are much more worried about those that are smarter, …
ATM attackers strike again: Are you at risk?
The United States National ATM Council recently released information about a series of ATM attacks using rogue network devices. The criminals opened the upper half of the ATM …
CFO: Disrupting, taking control, and turning data into value
Chief financial officers (CFOs) at banks and insurance companies are playing a growing role in digital transformation by leveraging new data and analytic technologies and by …
UK citizens fear identity theft over other security concerns such as national security
The 2018 Unisys Security Index, a security barometer which surveys over 1,000 UK citizens, has revealed identity theft as the top worry for UK citizens, with 56 percent of …
Why voice fraud rates continue to rise with no signs of slowing down
Pindrop released its annual report detailing developments in fraud, the future of voice and the impact to customer service across various industries. In the report, Pindrop …
Spending on cognitive and AI systems to reach $77.6 billion in 2022
Global spending on cognitive and artificial intelligence (AI) systems is forecast to continue its trajectory of robust growth as businesses invest in projects that utilize …
