Banking/Finance/Insurance - Articles - Page 30

Preventative, Corrective & Detective Ways to Protect Your Data After the Equifax Breach

October 5, 2017

U.S. credit reporting agency Equifax has confirmed that an Apache Struts vulnerability exploited in the wild since March was used to breach its systems and cause possibly one of the worst leaks of highly sensitive personal and financial information.

Fraud, Cybersecurity and Banking in Canada

Financial institutions across Canada are positioning themselves for a changing landscape.

Maggie McFadden

September 1, 2017

Since the late ‘90s in Canada, bank robberies have been on a decline; between 1998 and 2008, such incidents decreased by 38 percent, according to a report by Statistics Canada.

How New York is Shaking Up Cybersecurity

Steven Chabinsky

September 1, 2017

Something potentially groundbreaking is happening in New York, and its impact is being felt globally. Still, if you’re not in the financial services industry, and specifically regulated by the New York State Department of Financial Services (NYDFS), you may have missed it. What is this change? In short, it’s the first of what may become a wave of stringent state cybersecurity regulations that impose “minimum standards” on industry.

Debit Fraud Loss Rates Decline After Chip Cards Introduced

August 14, 2017

According to the 2017 Debit Issuer Study, U.S. financial institutions substantially increased issuance of chip debit cards in 2016 and experienced reduced fraud losses.

Money and Terror: How the Financial Sector is Hitting Back Against International Crime

In the wake of 9/11, the U.S. Treasury was given the green light to go after rogue banks and terrorism profiteers. Now, how can private sector businesses join the fight?

Diane Ritchey

August 1, 2017

Now, how can private sector businesses join the fight?

The Keys to the Treasury Kingdom

Hackers are still after the money – or, in some cases, inside information or political rebellion.

Ed Finkel

August 1, 2017

Infamous bank robber Slick Willie Sutton is said to have said that he robbed banks “because that’s where the money is.”

Consumers Trust Biometrics for Mobile Banking and Payments

May 6, 2017

Eight in 10 bank customers want biometric authentication beyond the fingerprint in their mobile banking and payment apps.

77% of all Ransomware Detected in Four Industries

April 25, 2017

A new report reveals that 77% of all detected ransomware globally was in four main sectors – business & professional services (28%), government (19%), health care (15%) and retail (15%).

Payment Data Compliance: 12 Major Requirements of the PCI Data Security Standard

Tracy Reed

March 28, 2017

The Payment Card Industry Data Security Standard (PCI DSS) is the security standard for protecting payment card data. Navigating the requirements of the PCI DSS and implementing the technical security controls can be quite complicated.