Cybersecurity

Digital Technology: Combating or Contributing to Financial Crimes?

In the global finance system, it’s estimated that over $2.4 trillion in circulation is money laundered from financial crimes. While financial institutions have regulations and watch lists to combat these…

June 14, 2018

Customer Engagement Cybersecurity Featured

Financial Institutions Rely on Data For Compliance and Security

written by Jackie Davis

Data holds the key to many financial institutions reliability and safety. From compliance to cybersecurity, data backs the everyday processes of financial institutions, making it possibly their most valuable resource.…

May 31, 2018

Cybersecurity Featured

As Ransomware Attacks Proliferate Against Financial Services Organizations, What Can be Done?

written by Jackie Davis

It should come as no surprise that data breach attacks against financial institutions are at an all-time high according to the Verizon 2018 Data Breach Report. After all, cyber attackers…

May 29, 2018

Compliance Cybersecurity Featured

Over 90 Percent Of Financial Institution Watch List Alerts Are False Positives

written by Jackie Davis

It’s estimated that over 90 percent of financial institution watch list alerts are false positives. An environment of over screening and a lack of technology are just a few pain…

May 24, 2018

Cybersecurity Featured

As Financial Services Organizations Struggle with Cyberthreats, Mastercard Takes Charge

written by Jackie Davis

Financial institutions are a prime target for cyber threats. Last year alone, over $445 billion was lost due to cybercrimes. Banks and financial institutions are adopting technologies and policies to…

May 22, 2018

Cybersecurity Featured

Preventing Cyber Attacks Should Still be the Number One Objective for Financial Services Companies

written by Jenna Sindle

In recent years preventing cyber attacks seems to have fallen out of vogue, says Mike Fumai, President and Chief Operating Officer at AppGuard in a recent opinion piece on CSO. …

February 7, 2018

Cybersecurity Featured

Thinking About Utilizing Machine Learning to Fight Fraud? Here’s What You Should Consider First

written by Kevin Lee

As society becomes more comfortable with storing their data in the cloud, the stakes become even higher when it comes to protecting your customers and your company to fight fraud.…

December 12, 2017

Cybersecurity Featured

Companies Aren’t Buying Cybersecurity Insurance…But They Should

written by Editors

With major security breaches like WannaCry and the Equifax hack occuring more frequently than ever before, organizations big and small are realizing it’s not a matter of “if” anymore, but,…

November 2, 2017

Cybersecurity Featured

Response is Everything When it Comes to Data Breaches

written by Mark Katz

Nothing instills fear into C-level executives and boards like data breaches. Equifax is the most recent example, pointing to assorted vulnerabilities either on the “human component” or on the infrastructure…

October 31, 2017

Cybersecurity Featured

Defense in Depth Strategy Provides Financial Services the Protection Needed from Cyber Attacks

written by Shayda Windle

The financial services industry has seen its share of cybersecurity breaches this year, with attacks like the Equifax hack affecting approximately 143 million U.S. consumers. And if we’ve learned anything from…

October 24, 2017