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Home » bank security

Articles Tagged with ''bank security''

Damiano Tulipani headshot

Damiano Tulipani named CISO at Provident Bank

Security Staff
September 23, 2022

Damiano Tulipani has been named the new Senior Vice President, Chief Information Security Officer (CISO) at New Jersey-based Provident Bank.


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security guard app

Real-time security operations app secures Ecuador bank

Security Staff
April 14, 2022

Security leaders at Ecuadorian bank Banco Guayaquil use security officers and a physical security operations app to secure the multiple bank facilities.


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maiurano-marco-first-citizens-bank-2021-(1)-copy.jpg

Marco Maiurano joins First Citizens Bank as Chief Information Security Officer

November 3, 2021

Marco Maiurano has joined First Citizens Bank as Chief Information Security Officer. He is responsible for overseeing the company’s information security operations, identity and access management, information security architecture and security consulting solutions.


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Defining synthetic identity fraud once and for all

Jeffrey feinstein
Jeffrey Feinstein
November 1, 2021

Jeffrey Feinstein, Vice President of Global Analytic Strategy, LexisNexis Risk Solutions, had the honor of serving on a Federal Reserve committee this past winter to define synthetic identity fraud. The result of this effort was the release of a paper that defines it for the industry, an essential step forward in the fight against this pervasive threat.


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Boardroom

Sara Avery hired as CRO at Cenlar

September 29, 2021

The experienced Chief Risk Officer Sara Avery has held many leadership roles across the risk management field.


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banking freepik

93% of fraud attacks occur online

June 3, 2021
Feedzai has announced its Quarterly Financial Crime Report, an analysis of over 12 billion global banking transactions from January – March 2021. The report identifies trends in spending and in fraud attempts to show that this past quarter, as consumer activities increased, fraudsters attempted to hide their fraudulent transactions in legitimate banking. In fact, combining all banking fraud  – internet, telephone, and branch – attacks grew a whopping 159% in Q1 2021 compared to Q4 2020. 
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ATM bank security

How layered security can help prevent $150,000 losses from ATM attacks

Owing to the increasing frequency, diversity and sophistication of ATM attacks, banks must rethink and modernize security in order to better circumvent ATM crime and protect their bottom line
Matt tengwall
Matt Tengwall
February 23, 2021
Unfortunately, the unquestionable convenience and accessibility of ATMs is also the source of their greatest downfall. Being both unguarded and money-loaded, they are an obvious target for criminal activities and low-risk, high-reward theft opportunities for perpetrators. It is for this reason that 2020 experienced a drastic uptick in the number of ATM heists across the United States.
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Case Study: Quantum Secure and Banking Institutions - Security Magazine

OCC reports key risks, effects of COVID-19 in federal banking system

November 11, 2020
The Office of the Comptroller of the Currency (OCC) reported the key issues facing the federal banking system and the effects of the COVID-19 pandemic on the federal banking industry in its Semiannual Risk Perspective for Fall 2020.
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The Keys to the Treasury Kingdom

US bank regulators issue best practices to improve operational resilience

November 10, 2020
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) issued an interagency paper titled “Sound Practices to Strengthen Operational Resilience.” The sound practices paper generally describes standards for operational resilience set forth in the agencies’ existing rules and guidance for domestic banking organizations that have average total consolidated assets greater than or equal to (1) $250 billion or (2) $100 billion and have $75 billion or more in average cross-jurisdictional activity, average weighted short-term wholesale funding, average nonbank assets, or average off-balance-sheet exposure.
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SEC0820-Data-Feat-slide1_900px.jpg

Using chip technology to make data sharing safer in financial services

Michael reed
Michael Reed
October 21, 2020
Financial services institutions and banks around the globe face monumental challenges as they look to streamline service delivery for customer transactions, manage multi-party loan processes, collaborate on industry benchmarks and indices, and eliminate fraud and cybercrime. Historically the market has primarily relied upon manual approaches for sharing and managing transaction data. But advances in confidential computing (sometimes called CC or trusted computing), combined with federated machine learning (FML), are helping financial organizations better share data and outcomes, while alleviating many privacy and security concerns.
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