Open banking innovation: A race between developers and cybercriminals
In this interview with Help Net Security, Karl Mattson, CISO at Noname Security, explains the wide usage of open banking and how it can easily be exploited if adequate …
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 …
Digital transformation leaders reaping the fruits of their investments
Financial services firms who invested in next-gen technologies and continued their digital transformation push in 2021 are already experiencing the positive effects of these …
Ransomware, supply chain, and deepfakes: The top threats the finance industry needs to prepare for
The finance industry is constantly targeted by numerous threat actors, and they are always innovating and trying new techniques (such as deepfakes) to outsmart security teams …
Experts uncover Elephant Beetle, an organized financial-theft operation
Sygnia announced that it has released its comprehensive report uncovering an organized financial-theft operation it has termed Elephant Beetle. For the past two years, the …
How can organizations ease audit overload?
A research from Vanson Bourne examines how financial services are faring with the ever-increasing challenge of audit overload. The study, which surveyed 200 U.S. IT security …
Mid-market IT leadership top 2022 objective: Strengthening security
The UK’s mid-market IT leadership expects to see a shortfall in IT spend in 2022, a Node4 report reveals. Mid-market IT spend future uncertain While 52% of IT decision-makers …
As digital shopping surges, researchers predict 8 million daily attacks
Arkose Labs released new data on the latest fraud trends, revealing increased threats during the holidays, rising bot attacks, and a resurgence in attacks on travel companies. …
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 …
Finance data management initiatives constrained by lack of digital skills and maturity
Data management initiatives in the finance sector, such as data collection, integration, and automation, are being constrained by a severe lack of digital skills and maturity. …
Fintech developers dissatisfied with their current roles, a major risk for their employers
Rapyd published a report conducted by 451 Research, to assess the market dynamics of fintech developers around the world. Key findings in the report include a growing demand …
U.S. Department of the Treasury announces set of actions to counter ransomware
As part of the whole-of-government effort to counter ransomware, the U.S. Department of the Treasury announced a set of actions focused on disrupting criminal networks and …