Banking across the globe has been going through a major transformation over the last few years, and this evolution looks set to continue well into 2018, and indeed beyond.
The “club” of companies or banks that haven’t had their data raided by hackers is becoming more and more exclusive, as more and more hackers breach databases that give them access to credit cards, transactions, customer history – anything and everything they can make a quick buck off of.
This year marks 50 years since the introduction of the first ATM, which was put into use by Barclays in its Enfield branch in north London on 27th June 1967. Technology has come a long way since this early version of the self-service systems we use today but one thing hasn’t changed – the need for robust security solutions is critical for ATMs around the world.
Regulations Financial Institutions Can Get Behind? Preventing Massive Tech Failures and Cyber-Attacks
There’s strength in unity, it’s often been said, but for the world’s banking system, the opposite might be true. “Due to the interconnectedness of the U.S. financial system, a cyber incident or failure at one interconnected entity may not only impact the safety and soundness of the entity
The European Commission’s General Data Protection Regulation (GDPR) comes into effect on May 25, 2018, and will regulate how businesses collect and process the personal data of all European Union (EU) residents.
The finance sector has a data-security problem, but it goes beyond external threats from hackers—this is a threat from within. Jon Moger explains what this threat is, and how your business can combat it.
While most people associate cybercriminals with hacking and security breaches, many of them have begun exploiting vulnerabilities in the e-commerce industry as well, using a new scheme called transaction laundering.