Established companies leveraging fintech capabilities for growth
As new technologies and regulations bring new opportunities and challenges to the financial services industry, nearly two-thirds of established companies are leveraging …
Worldwide IT spending to grow just 1.1% in 2019
Worldwide IT spending is projected to total $3.79 trillion in 2019, an increase of 1.1 percent from 2018, according to the latest forecast by Gartner. “Currency headwinds …
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 …
Finance knocks business and professional services off top spot in four most attacked industries
Finance is the most attacked sector in EMEA, accounting for 30% of all attacks – compared to 17% globally, according to NTT Security. It knocks business and professional …
Vendor revenue from IT infrastructure products for cloud environments grew 28% year over year
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, grew …
Current and emerging third-party cyber risk management approaches and challenges
Managing third-party cyber risk is critical for businesses, but a lack of continuous monitoring, consistent reporting, and other blind spots are creating challenges that could …
Financial sector recognizes the benefits of hybrid cloud but still struggles to enable IT transformation
The financial sector outpaces other industries in the adoption of hybrid cloud, with the deployment of hybrid cloud reaching 21% penetration today, compared to the global …
CFOs and CIOs must collaborate on digital transformation to remain competitive
CFOs are shifting their priorities from cutting costs to rapidly investing in technology and data. Significant percentages of senior financial executives currently implement …
Ongoing global cyber espionage campaign broader than previously known
A detailed analysis of code and data from a command-and-control server responsible for the management of the operations, tools and tradecraft behind the Operation Sharpshooter …
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, …
How financial institutions can change the economics of fraud
In 2017, the number of identity fraud victims in the United States has risen to nearly 17 million. As the US became the last of the G20 countries to adopt Chip and …
Seizing cyber resilience mastery in financial services
Despite the volume of cyberattacks doubling in 2017, financial services firms are closing the gap on cyberattacks, having stopped four in five of all breach attempts last …
