Search Results for: information security

Banking Featured Fintech Primers Mobile Banking Security

How Can Banks Stay Competitive With A Secured IT Security Infrastructure?

Pooja Choudhary
by Pooja Choudhary0
Web application and API crimes against banking firms soared by 257 percent in 2022, according to statistical analysis from Akamai. The cost of cybercrime in this industry is also among the greatest; according to IBM, in 2022, the usual cost of a data breach in this industry was $5.97 million,......
Modulus Security Bulletin to Digital Assets Exchange Operators: Extreme Risk in Using Chinese Software Providers
Digital Asset Management News

Modulus Security Bulletin to Digital Assets Exchange Operators: Extreme Risk in Using Chinese Software Providers

Business Wire
by Business Wire0
Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges, issued a security bulletin warning digital assets exchange operators of the dangers created by using Chinese software. This includes vendors which claim to be headquartered in Singapore but have strong ties......
Salt Security Report Identifies Significant API Vulnerabilities and Attacker Activity in Financial Services
Finance News Security

Salt Security Report Identifies Significant API Vulnerabilities and Attacker Activity in Financial Services

PR Newswire
by PR Newswire0
Industry-focused report shows nearly 70% of financial services and insurance companies have suffered rollout delays due to API security, 92% have had security issues in production APIs Salt Security, the leading API security company, released findings from its first industry-focused report on API security, the 2023 “State of API Security......
Diligent Launches Board Reporting for IT Risk, Providing Directors a Holistic View of Their Organization’s Cybersecurity and IT Risk Posture
News Risk Management Security

Diligent Launches Board Reporting for IT Risk, Providing Directors a Holistic View of Their Organization’s Cybersecurity and IT Risk Posture

Business Wire
by Business Wire0
Diligent, a leading GRC SaaS company, announced the launch of Board Reporting for IT Risk. The first-of-its-kind dashboard enables Chief Information Security Officers (CISOs) to communicate a holistic view of their organization’s risk posture to the board by streamlining how they track, measure, and report on IT Risk, and includes......
Report Finds 78 Percent of Financial Services Organizations Have Experienced a Cybersecurity Breach, Threat and Data Theft
Cloud News Security

Report Finds 78 Percent of Financial Services Organizations Have Experienced a Cybersecurity Breach, Threat and Data Theft

Business Wire
by Business Wire0
Global research demonstrates the financial services industry has been hardest hit by cloud data security issues due to high-value data and volume of cyber threats Skyhigh Security released the Cloud Adoption and Risk Report, Financial Services Edition, that explores how the financial services sector is navigating cloud security in an......
Node4 Acquires ThreeTwoFour to Strengthen its Cybersecurity Offering and Expand In the Finance and Banking Sector
Fintech News Security

Node4 Acquires ThreeTwoFour to Strengthen its Cybersecurity Offering and Expand In the Finance and Banking Sector

Business Wire
by Business Wire0
Node4, a cloud-led digital transformation Managed Services Provider (MSP), has announced the acquisition of ThreeTwoFour, an award-winning information security and technology risk specialist. The acquisition is Node4’s third significant growth purchase in the last 18 months, having also bought risual, an IT managed services and solutions provider and Tisski, a leading UK-based......
Currency Exchange Digital Asset Management News

YOMAEX Security System Is Upgraded Again to Protect User Assets

Business Wire
by Business Wire0
YOMAEX Exchange, as the global leading digital currency exchange, has always placed “user asset security” at the forefront. On June 27, YOMAEX upgraded its security protection system again to provide users with a more reliable trading environment. In the context of the rapid development of the digital currency market, YOMAEX......
B2B Fintech InsurTech Markets News

Launch Of An Incentive Programme By Corvus Insurance To Enhance Policyholder Security

Fintech Staff Writer
by Fintech Staff Writer0
Corvus Insurance the industry’s leading cyber underwriter that is backed by a proprietary artificial intelligence-driven cyber risk platform, launched a first-of-its-kind endorsement to help make policyholders safer through proactive engagement with Corvus SignalTM, the cyber risk prevention solution that has been shown to reduce the frequency and costs of cyber breaches......
Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation
News Security

Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation

PR Newswire
by PR Newswire0
Creates Blueprint for How Financial Institutions Can Significantly Strengthen the Security and Privacy of Customer Interactions While Also Dramatically Improving CX Journey.ai, Inc, a groundbreaking cybersecurity software business, has joined forces with Tradition Capital Bank, a leading community bank headquartered in Edina, Minnesota. This strategic partnership signifies a pivotal moment in the......
Convergint Doubles Down on Financial Sector Business as Institutions Invest in Branch Automation, Safety, and Security
Finance News

Convergint Doubles Down on Financial Sector Business as Institutions Invest in Branch Automation, Safety, and Security

Business Wire
by Business Wire0
Serving 19 of the top 20 US based financial institutions, Convergint completes approximately 270,000 service requests in 2022 Convergint, a global leader in service-based systems integration, announced that its financial sector business achieved significant growth throughout 2022/2023. To meet customer demand, nearly 200 new technical colleagues were added to the......
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