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Home » Topics » Sectors » Banking/Finance/Insurance

Banking/Finance/Insurance
Banking/Finance/Insurance RSS Feed RSS

payment security
Global News

Financial sector prepares for new payment security guidelines

Taelor Sutherland, Associate Editor
Taelor Sutherland
November 8, 2023

With increasingly digital payment methods, financial institutions are working to protect consumer data and improve payment data security.



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mall decorated for christmas

Data breach and identity protection concerns are at an all-time high

Security Staff
November 6, 2023

According to a report, 73% of respondents expressed concerns about their personal and financial data being at risk during holiday shopping.


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jar full of coins on wood table

FTC says financial institutions must disclose data breaches in 30 days

Security Staff
October 30, 2023

The Federal Trade Commission (FTC) has amended the Safeguards Rule requiring non-banking financial institutions to report data breaches.


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person paying online with card

78% of fintech leaders report concern over compliance training

Security Staff
October 25, 2023

The current risks within the financial technology (fintech) sector and new compliance regulations were analyzed in a recent report by Fenergo. 


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yellow corded phone on yellow background

6% of financial firms are confident in communications compliance

Security Staff
October 18, 2023

According to a report, 74% of respondents say it’s likely their employees are using unmonitored communications channels, up from 66% in 2022.


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2023 Elliot A. Boxerbaum Award winner

EDG receives the 2023 Elliot A. Boxerbaum Award for security design

Security Staff
October 16, 2023

Electronic Design Group has been awarded the 2023 Elliot A. Boxerbaum Award by SecuritySpecifiers for excellence in security design.


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blue street sign that says personal banking

18% of African banking apps have vulnerable high severity secrets

Security Staff
October 13, 2023

The security of African financial service applications were analyzed in a recent report by Approov, finding sensitive data was left vulnerable.


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cyber graphic

Report uncovers critical cyber threats facing financial industry

Security Staff
October 13, 2023

A new report sheds light on the distinctive cybersecurity risks facing financial services organizations.


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black screen with multicolor text

Financial sector sees rise in digital identity verification

Security Staff
October 2, 2023

According to a Juniper Research report, the rate of digital identity verification checks is on the rise in response to increased identity theft.


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desk with laptop, notebook and coffee cup

Anna Brackin appointed to Chief Compliance Officer at Regions Bank

Security Staff
September 14, 2023

Anna Brackin has been appointed to Chief Compliance Officer at Regions Bank. Brackin will oversee the company’s compliance risk management program. 


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