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 …
Bank executives mostly concerned about cybercrime
A research released by Computer Services suggests growing concerns among bank executives around recruiting and retaining talent as well as fighting cybercrime threats. In the …
When it comes to banking security, there’s no silver bullet
In this interview with Help Net Security, Ido Helshtock, Chief Product Officer at HUB Security, talks about banking security, the most common vulnerabilities, and what banks …
Banking malware threats are increasing sharply
Banking malware threats are sharply increasing as cybercriminals target the rising popularity of mobile banking on smartphones, with plots aimed at stealing personal banking …
Financial services need to prioritize API security to protect their customers
Noname Security and Alissa Knight, Partner at Knight Ink and recovering hacker, announced a research which unveils a number of vulnerabilities in the banking, cryptocurrency …
Consumer attitudes towards various digital identity authentication methods
With concerns around online fraud and identity theft rising, consumers expect businesses to utilize new technologies to protect them online. According to research from …
Most financial services mobile apps still rely on passwords, even with added friction
Incognia announced a report which highlights results from their most recent study focusing on authentication and friction at login and the password reset process. The study …
Three security lessons from a year of crisis
Crime thrives in a crisis, and the coronavirus was the largest collective emergency that the world has faced for decades. While there are more heroes than villains in the …
Digital identity verification spend to reach $16.7 billion in 2026
Spending on digital identity verification by businesses will reach $16.7 billion in 2026, from $9.4 billion in 2021, Juniper Research finds. Digital identity verification is …
Biometrics for banking and financial services market to reach $8.9 billion by 2026
The turn of next decade is expected to be more challenging for banks and financial institutions as security breaches become more sophisticated with technology advancements. …
Banks accelerating their risk management transformation
COVID-19’s disruption has stretched risk management infrastructures to the brink, forcing banks to recalibrate their data, models and processes for stress testing, impact …
Financial institutions experiencing jump in new pandemic-related threats
Financial institutions (FIs), such as banks and insurance providers, are reporting significantly increased threat levels from COVID-related cybercrime, according to a research …