INDUSTRY INSIGHTS YOUR PEERS ARE READING
IT security can no longer be seen as just a technical matter. People, education and management matter too, but culture is the overarching and binding element, says security executive at Dutch bank MORE
Security will become increasingly important as industries seek to collaborate and use each other’s capabilities to enable new business models, with the banking sector leading the way MORE
Join Frank Butler of The World Bank and Dan Pomeroy of the GSA on 9 June at the Tower Club in Tysons Corner for a discussion of how they and their teams optimized and consolidated their data centers, resulting in increased efficiency and lower costs. Frank Butler will kick off the discussion by describing how the World Bank optimized and consolidated their data centers, resulting in significant savings for the organization. Charles Hall. MORE
I have recently released a new report looking at the second phase of the Payment Services Directive (PSD2) and its security requirements along with my colleagues Jacob Morgan and Andras Cser. Banks need to comply with […]. MORE
Dutch banks are falling behind organisations in other sectors when it comes to securing domains MORE
As everyone in the CIO position knows, keeping the company’s systems and applications secure is a top priority and has a lot to do with the importance of information technology. However, this security service is generally not activated by default. MORE
Defense-in-depth, the gold standard in cyber security, has failed. The basis behind defense-in-depth is to deploy redundant layers of security products to defeat every part the cyber kill chain. Conceptually the new security stack is a hardware-based virtual enclave. MORE
Bank Of America is slowly moving into the cloud Image Credit: Mike Mozart. Just imagine if you were David Rilly, chief technology officer at Bank of America. Let’s face it, if you were the person with the CIO job at a major American bank, then you would have a lot going on. MORE
SEPTEMBER 19, 2016
UK citizens think banks are the best organisations to provide biometric authentication for payments MORE
DDoS attacks on Russian banks have been linked to IoT botnets, further confirming this worrying trend and highlighting the need for IoT suppliers to improve security capabilties MORE
Most small businesses hold customer credit card information on file and maintain electronic employee records, as well as manage their banking online. Business data is more than propriety information. And a breach of this data disrupts basic operations and damages your reputation not to mention probably costing you thousands of dollars. Symantec, in fact, recently released […]. MORE
What type of organisation is likely to be targeted by data integrity breaches and how best can they detect and mitigate such attacks MORE
Experienced professionals know how to mitigate risks in ways that reduce risks, but what is sometimes missing is support from the most senior executive and/or peers to the security leadership. If the executive team does not really care, the security program will be sub-optimized. MORE
Information Technology Blog - - How Blockchain Disruption Will Affect The Banking And Finance Sector - Information Technology Blog. One of the industries where this technology has already proved to be useful is the banking and financial sector. MORE
Lloyds Bank is investing in the latest technologies to provide customers with convenient and secure banking services MORE
Failure to follow standard network security best practice has exposed a Californian investment bank to cyber criminals’ demands MORE
There are continual cyber attacks on banks, and although most are repelled, there is significant room for improvement MORE
If you were the CIO of a major bank responsible for the importance of information technology, what do you think that your #1 job responsibility would be? Over at the major American bank, Wells Fargo, their CIO has just dropped the ball and their IT systems were down for two days. MORE
Symphony, a secure messaging app for financial industry that also lets bots at different institutions talk to each other and settle trades looks to take on Bloomberg the behemoth of financial trading. Here is a messaging App which has specifically made for the financial industry. However, the CEO of Symphony explained that the company’s goal as […]. CTO News MORE
Bank is no longer offering customers Kaspersky anti-virus software after UK security agency issues warning MORE
The new feature looks for anomalies between legitimate users’ normal mouse gestures and those of the current user, and over time refines the accuracy of its analysis, says Brooke Satti Charles, Financial Crime Prevention Strategist for IBM Security. That analysis creates a risk score that banks can use to decide whether an ongoing transaction is fraudulent and trigger an alert. MORE
Australia's Westpac bank is offering organisations that share customer data a service that it says securely locks down personal information MORE
The FCA expresses concern about the cyber security of banks after 9,000 Tesco Bank customers lost £2.5m in fraudulent transactions MORE
Explore how compliance, data security technology, and banking innovation come together to support a digital business success story MORE
Retail bank says technology will provide secure verification by recognising the unique characteristics of each person’s voice MORE
There are upsides and downsides to banking via text. Jack Wallen highlights the security-centric cost of text-based banking MORE
Tesco Bank compromise should act as a wake up call to UK businesses to take cyber security more seriously, say security experts MORE
It turns out that regulators have been watching us and they now think that securing the company is important enough that they are starting to create regulations in this area. to require banks to formalize their cybersecurity program. MORE
With the latest change to the BofA online banking bill pay service (which added all sorts of unnecessary and distracting icons and ugly fonts), the bank decided to remove the one time password two factor authentication (OTP 2FA) requirement to force the customer to perform a one time password based step-up authentication before allowing the [… MORE
Easy-to-guess and reused legacy passwords are vulnerable to a wide range of attacks and, by themselves, do not provide proper security for sensitive systems and confidential information. For organizations, there’s no longer a need to store passwords, leading to better security, fewer breaches and lower support costs. Security and identity and access management (IAM) leaders can implement a passwordless approach in two ways. MORE
New FCA rules aim to give consumers more information about current accounts beyond interest rates and charges MORE
Banks are increasingly issuing warnings to users of banking aggregators such as Personal Capital and Intuit's Mint.com under the guise of security risks, but that's not the whole story MORE
According to security consultancy Flashpoint, call-back safeguards commonly used by banks and other financial institutions are now being by-passed using private VoIP. Private VoIP services are becoming increasingly popular with cyber criminals, particularly those based in Russia. Flashpoint has identified three services that are already being abused to help criminals circumvent call-back MORE
It also complicates many aspects of data security for any enterprises doing business across the Atlantic Ocean. This recent ruling highlights the value of having a strong security partner shepherding your enterprise through these types of perturbations. MORE
CIOs at banks have a great deal to worry about. As though this wasn’t bad enough, every bank is connected to every other bank. What this means is that if something bad happened to a connected bank, then your bank could also suffer. banking and financial system. MORE
Cyberattacks on corporations and banks are accelerating. SecurityRead More. MORE
The Accidental Successful CIO
MARCH 27, 2019
CIOs at banks have a great deal to worry about. As though this wasn’t bad enough, every bank is connected to every other bank. What this means is that if something bad happened to a connected bank, then your bank could also suffer. banking and financial system.
Forrester IT
MAY 30, 2019
I have recently released a new report looking at the second phase of the Payment Services Directive (PSD2) and its security requirements along with my colleagues Jacob Morgan and Andras Cser. Banks need to comply with […].
Computer Weekly
NOVEMBER 9, 2016
The FCA expresses concern about the cyber security of banks after 9,000 Tesco Bank customers lost £2.5m in fraudulent transactions
Computer Weekly
OCTOBER 13, 2016
Lloyds Bank is investing in the latest technologies to provide customers with convenient and secure banking services
Computer Weekly
SEPTEMBER 27, 2016
Failure to follow standard network security best practice has exposed a Californian investment bank to cyber criminals’ demands
Computer Weekly
SEPTEMBER 19, 2016
UK citizens think banks are the best organisations to provide biometric authentication for payments
Computer Weekly
NOVEMBER 8, 2016
Tesco Bank compromise should act as a wake up call to UK businesses to take cyber security more seriously, say security experts
Computer Weekly
FEBRUARY 23, 2017
Dutch banks are falling behind organisations in other sectors when it comes to securing domains
Data Center Knowledge
JULY 26, 2017
Cyberattacks on corporations and banks are accelerating. SecurityRead More.
The Accidental Successful CIO
FEBRUARY 13, 2019
If you were the CIO of a major bank responsible for the importance of information technology, what do you think that your #1 job responsibility would be? Over at the major American bank, Wells Fargo, their CIO has just dropped the ball and their IT systems were down for two days.
Computer Weekly
NOVEMBER 11, 2016
DDoS attacks on Russian banks have been linked to IoT botnets, further confirming this worrying trend and highlighting the need for IoT suppliers to improve security capabilties
Computer Weekly
DECEMBER 4, 2017
Bank is no longer offering customers Kaspersky anti-virus software after UK security agency issues warning
The Accidental Successful CIO
FEBRUARY 9, 2016
Bank Of America is slowly moving into the cloud Image Credit: Mike Mozart. Just imagine if you were David Rilly, chief technology officer at Bank of America. Let’s face it, if you were the person with the CIO job at a major American bank, then you would have a lot going on.
Computer Weekly
AUGUST 30, 2016
Australia's Westpac bank is offering organisations that share customer data a service that it says securely locks down personal information
IT Toolbox
JULY 26, 2016
Explore how compliance, data security technology, and banking innovation come together to support a digital business success story
CTOvision
MAY 31, 2016
Join Frank Butler of The World Bank and Dan Pomeroy of the GSA on 9 June at the Tower Club in Tysons Corner for a discussion of how they and their teams optimized and consolidated their data centers, resulting in increased efficiency and lower costs. Frank Butler will kick off the discussion by describing how the World Bank optimized and consolidated their data centers, resulting in significant savings for the organization. Charles Hall.
Computer Weekly
AUGUST 1, 2016
Retail bank says technology will provide secure verification by recognising the unique characteristics of each person’s voice
Tech Republic Security
JULY 4, 2016
There are upsides and downsides to banking via text. Jack Wallen highlights the security-centric cost of text-based banking
Computer Weekly
FEBRUARY 10, 2017
What type of organisation is likely to be targeted by data integrity breaches and how best can they detect and mitigate such attacks
Forrester IT
APRIL 24, 2018
With the latest change to the BofA online banking bill pay service (which added all sorts of unnecessary and distracting icons and ugly fonts), the bank decided to remove the one time password two factor authentication (OTP 2FA) requirement to force the customer to perform a one time password based step-up authentication before allowing the […
Computer Weekly
DECEMBER 13, 2017
New FCA rules aim to give consumers more information about current accounts beyond interest rates and charges
Computer Weekly
JULY 3, 2017
IT security can no longer be seen as just a technical matter. People, education and management matter too, but culture is the overarching and binding element, says security executive at Dutch bank
The Accidental Successful CIO
DECEMBER 20, 2017
It turns out that regulators have been watching us and they now think that securing the company is important enough that they are starting to create regulations in this area. to require banks to formalize their cybersecurity program.
The Accidental Successful CIO
JANUARY 23, 2019
As everyone in the CIO position knows, keeping the company’s systems and applications secure is a top priority and has a lot to do with the importance of information technology. However, this security service is generally not activated by default.
CTOvision
JANUARY 21, 2017
Experienced professionals know how to mitigate risks in ways that reduce risks, but what is sometimes missing is support from the most senior executive and/or peers to the security leadership. If the executive team does not really care, the security program will be sub-optimized.
CTOvision
OCTOBER 22, 2018
Symphony, a secure messaging app for financial industry that also lets bots at different institutions talk to each other and settle trades looks to take on Bloomberg the behemoth of financial trading. Here is a messaging App which has specifically made for the financial industry. However, the CEO of Symphony explained that the company’s goal as […]. CTO News
Galido
NOVEMBER 14, 2018
Information Technology Blog - - How Blockchain Disruption Will Affect The Banking And Finance Sector - Information Technology Blog. One of the industries where this technology has already proved to be useful is the banking and financial sector.
Network World
OCTOBER 31, 2016
The new feature looks for anomalies between legitimate users’ normal mouse gestures and those of the current user, and over time refines the accuracy of its analysis, says Brooke Satti Charles, Financial Crime Prevention Strategist for IBM Security. That analysis creates a risk score that banks can use to decide whether an ongoing transaction is fraudulent and trigger an alert.
IT Toolbox
SEPTEMBER 15, 2017
According to security consultancy Flashpoint, call-back safeguards commonly used by banks and other financial institutions are now being by-passed using private VoIP. Private VoIP services are becoming increasingly popular with cyber criminals, particularly those based in Russia. Flashpoint has identified three services that are already being abused to help criminals circumvent call-back
Tech Republic Security
AUGUST 15, 2016
Banks are increasingly issuing warnings to users of banking aggregators such as Personal Capital and Intuit's Mint.com under the guise of security risks, but that's not the whole story
CEB IT
MARCH 5, 2019
Easy-to-guess and reused legacy passwords are vulnerable to a wide range of attacks and, by themselves, do not provide proper security for sensitive systems and confidential information. For organizations, there’s no longer a need to store passwords, leading to better security, fewer breaches and lower support costs. Security and identity and access management (IAM) leaders can implement a passwordless approach in two ways.
Cloud Musings
OCTOBER 13, 2015
It also complicates many aspects of data security for any enterprises doing business across the Atlantic Ocean. This recent ruling highlights the value of having a strong security partner shepherding your enterprise through these types of perturbations.
Computer Weekly
APRIL 21, 2017
Security will become increasingly important as industries seek to collaborate and use each other’s capabilities to enable new business models, with the banking sector leading the way
CTOvision
OCTOBER 19, 2016
Defense-in-depth, the gold standard in cyber security, has failed. The basis behind defense-in-depth is to deploy redundant layers of security products to defeat every part the cyber kill chain. Conceptually the new security stack is a hardware-based virtual enclave.
CTOvision
JANUARY 23, 2019
Most small businesses hold customer credit card information on file and maintain electronic employee records, as well as manage their banking online. Business data is more than propriety information. And a breach of this data disrupts basic operations and damages your reputation not to mention probably costing you thousands of dollars. Symantec, in fact, recently released […].
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