APIs are ubiquitous in the enterprise today, being exposed to customers, partners and applications. But because they are relied on so heavily, they also are targeted by cybercriminals. Shreyans Mehta, co-founder and CTO of Cequence Security, discusses the API security challenge.
Russian authorities typically turn a blind eye to cybercrime committed by citizens, provided they target foreigners. But as the recent "BuyBest" arrests of 25 individuals demonstrate, authorities do not tolerate criminals that target Russians, and especially not anyone who targets Russian banks.
COVID-19: Modern society has never seen anything like it, and neither have financial markets. Venture capitalist Alberto Yépez analyzes the impact of the disease caused by the new coronavirus on public and private companies' valuations, as well as technology buyers and the threat environment.
With U.S. stock markets suffering their worst day since 1987 on Monday, most technology firms took a hit as Wall Street continues to be rattled by the COVID-19 crisis. Experts predict this will drive fresh waves of consolidation and M&A in the cybersecurity market, as well as growth in hot areas.
A poor customer experience and insufficient security in the account opening process has been shown to directly and negatively impact long-term customer loyalty, retention and profitability. So, how do you provide a better and more secure customer experience in the digital account opening process?
More than 100...
Wall Street has been hit by the twin threats of the new coronavirus as well as oil prices plummeting, with the Dow dropping 2,000 points on Monday for its worst day in 12 years. Amidst fears that a recession could tank the global economy, some experts still see upsides for the cybersecurity sector.
Provident Finanial Group is a FTSE 250 company, and - with 5,700 employees serving 2.4 million customers - Provident understands the strong expectation to work with thirdparties who respect their customer and employee information. New frameworks such as GDPR, recent data breaches, and increased customer expectations...
Cybercriminals targeted mobile banking users by sending malicious SMS messages to their smartphones as part of a phishing campaign to steal account holders' information, including usernames and passwords, according to the cybersecurity firm Lookout.
Police in Indonesia have arrested three suspected members of an e-commerce hacking crew that used JavaScript sniffing code to steal customer and payment card data. The arrests came as part of Interpol's ongoing anti-skimming operation, codenamed "Night Fury," targeting hackers in southeast Asia.
The U.S. Treasury Department is proposing to collect more information from banks and financial markets about the cybersecurity risks they face to help ensure the security of financial infrastructure.
A cyberattack targeting one of the largest banks in the U.S. that stops the processing of payments likely would have a major ripple effect throughout the financial system, according to a new report from the Federal Reserve Bank of New York.
For the FinServ industry, change is the only constant. New regulations are popping up everyday, along with customer expectations, competition, security threats or just, technology.
The FinServ industry must re-imagine existing data analytics strategies to capitalize on product innovation, risk optimization, improved...
Banking engagement is about to come full circle. Over the past few decades, banks have pushed customers to digital and self-service channels, with significant consequences. As customers take their transactions from the branches to the digital channels, banking has become less and less personal. Conversational Banking...
In the world of finance, the firms at the front of the pack are those that have the most data -- and know how to use it to their advantage. More so now than ever, the key to making informed and strategic investment decisions hinges on the accessibility of data and a firm's corresponding analysis capabilities. That's...
IBM Services helps its customers effectively plan, manage and migrate their applications to a hybrid multicloud environment. IBM Services commissioned Forrester Consulting to conduct a Total Economic Impact (TEI) study and examine the potential return on investment (ROI) enterprises may realize by using IBM Services...
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