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Banking and financial software development: Features and requirements

Dataconomy

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions. Multiple account types (savings, checking, etc.),

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Making Security Personal: Warn End Users About New Bank App Alert

SecureWorld News

It's a common best practice among CISOs trying to get their employees invested in cybersecurity for the corporate network: make things personal. Department of Justice alert: rogue banking apps and trojans. If there's one thing we can all agree on, it's that a trip to the bank is one of the least exciting errands of all time.

Banking 52
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CIOs Look For Ways To Fool Hackers

The Accidental Successful CIO

Image Credit: Brian Klug Every CIO realizes that a key part of their job is to find ways to keep the bad guys out of the company’s networks. However, I think that we all have to agree that despite our best efforts there is always the possibility that the bad guys may find a way to get into our networks.

Firewall 130
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The AI cat and mouse game has begun

CIO Business Intelligence

The incident involved scammers who, using publicly available videos and audio from YouTube of targeted senior executives, created deepfake representations to deceive a finance employee into executing multiple transactions to bank accounts in Hong Kong, resulting in significant financial damage to the company.

Social 113
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Increasing access to blockchain and ledger databases

All Things Distributed

They've created a way to connect small farms in developing nations to banks and distributers of goods, like seeds, fertilizer, and tools. With HARA, this hard-to-obtain data on small farms is collected and authenticated, giving these farmers access to resources they've never had before.

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3 ways to deter phishing attacks in 2023

CIO Business Intelligence

Vishing: Voice over IP (VoIP) and Plain Old Telephone Services (POTS) are also susceptible to phishing attacks – attackers use speech synthesis software and automated calls to solicit victims to share bank details and login credentials. Don’t log in to WiFi networks you don’t trust. Double check.

Training 140
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Zero Trust Security for NIS2 compliance: What you need to know

CIO Business Intelligence

Over 100,00 organizations are expected to be impacted by Network and Information Security Directive (NIS2) cybersecurity standards that European Union (EU) member states must implement by October 2024. [i] Zero Trust network security offers cybersecurity benefits vs. traditional perimeter-based network security models.