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Home » Topics » Sectors » Banking/Finance/Insurance

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

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Banks Must Tighten Security for Their Vendors

April 9, 2015

 Wall Street banks and other financial institutions need further strengthening of their cyber security measures.


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banking 2 feat

Halifax to Test Biometric Wristband for Identity Verification

March 17, 2015

The wristband would identify a customer's unique heartbeat to verify his or her identity when using a banking app on a smartphone.


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Eighty Percent of Global Merchants Fall Short on Card Data Security Compliance

March 11, 2015

Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards.


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Microsoft Sues Hackers

March 4, 2015

 Microsoft has sued a group of hackers who have allegedly stolen millions of dollars from computer users and financial institutions using malware disguised as its Windows software.


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Hospital Sues Bank of America Over Cyberheist

March 4, 2015

A public hospital in Washington state is suing Bank of America to recoup some of the losses from a $1.03 million cyberheist.


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Mastercard, Visa to Implement New Cybersecurity Measures

February 19, 2015

 Mastercard and Visa are implementing new cybersecurity measures to ensure that hacked credit card data will be less valuable to hackers.


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Mastercard and Visa to Create New Security Standard to Replace Passwords for Online Payments

November 14, 2014

MasterCard is working with Visa to create a new authentication standard for online payments that will gradually replace the 3D Secure protocol with “invisible authentication”.


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JP Morgan Chase Sees Cyber-Security Spending Doubling

October 12, 2014

 JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the bank will probably double its $250 million annual computer-security budget within the next five years. 


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JP Morgan Reports Massive Security Breach

October 2, 2014

 A cyberattack on JPMorgan Chase & Co., first announced in July, compromised information from 76 million households and 7 million small businesses.


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bankteller

Banking on Identity Management for Security and Compliance

Quantum_AjayJain
Ajay Jain
September 23, 2014
Because of the sensitive nature of the assets and information they maintain for customers, ensuring a highly secure environment is mission-critical for banks and other financial institutions.
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