5 impacts of GDPR on digital banking
The GDPR regulation was put into effect on May 25, 2018...
Tag : cyber
Are banks ready for the era of open banking?
The Open Banking Standard Group seems to be making headway in bringing more transparency and openness to the sector Winston Bond September 16, 2016: It has long been held that the workings of the financial sector are so opaque that the average person is more likely to get a divorce than to switch banking providers....
Asian firms more vulnerable to cyber attacks
Security market in Asia is less than 50% of that in US and Canada Suparna Goswami Bhattacharya September 13, 2016: Asian firms are more vulnerable to cyber attacks than their Western counterparts, says a recent report. The findings by Mandiant Consulting, a FireEye company, states that APAC firms are frequently underprepared to identify and respond...
Lydia Kostopoulos joins PA Consulting Group MENA
She was recently featured on the Middle East Security Awards’ top 100 list August 4, 2016: PA Consulting Group Middle East and North Africa has appointed Lydia Kostopoulos, one of the region’s most influential cyber security experts. Kostopoulos was recently featured in the Middle East Security Awards’ top 100 list of cyber security professionals, and...
Bank robberies down, attacks on ATMs up
But, the greater threat is posed by developments in technology Peter Taberner March 2, 2015: Research by the European Banking Federation (EBF) has revealed that there continues to be a decline in bank robberies. According to the 22nd edition of their bank robberies report, there were 2,347 heists in 2013. These took place in the...
Cyber Crime and Security – An ongoing battle
Cybercrime can no longer be dismissed as the remit of the ‘young geek in the garage’ Liz Field February 2, 2015: The opportunities and threats represented by technology are something ever present in our daily lives and no less a cause for thoughtful consideration and handling in the wealth management industry, where it can be...
Should you trust mobile banking?
It’s helpful provided you are careful on how you use access to the internet Tim Ring October 30, 2014: Our plummeting faith in new technology was starkly illustrated last year by the Russian secret service. In the wake of whistleblower Edward Snowden’s revelations of mass electronic spying by the Americans, the Kremlin agency tasked with...