Search Results for: security breaches

Crystal Blockchain: Peer-to-Peer Exchanges Need Regulation to Lower Money Laundering Risk
Business Cryptocurrency Fintech News

Crystal Blockchain: Security Breaches And Fraud Involving Crypto Still High Despite Tech Development

Fintech News Desk
by Fintech News Desk0
It’s ten years since the first official cyber-terrorist attack of a crypto exchange, and despite technological advances, most cryptocurrency entities have not yet been able to develop sufficiently reliable security systems to minimize security breaches on their platforms. Cyber-terrorists are taking more advantage of security gaps every year. Beyond security......
Survey Shows Banks, Healthcare Providers, and Government Remain Most Trusted by Consumers, Despite Lack of Transparency and Data Security Breaches
Fintech News

Survey Shows Banks, Healthcare Providers, and Government Remain Most Trusted by Consumers, Despite Lack of Transparency and Data Security Breaches

Fintech News Desk
by Fintech News Desk0
91% of respondents to Genesys-sponsored customer experience survey are concerned about data abuse, with social media companies considered least reliable Highly regulated organizations earn the most trust from consumers regarding protection of their personal data, according to a new opinion survey on data personalization, privacy and trust sponsored by Genesys, the......
SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023
Finance Fintech News

SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023

Business Wire
by Business Wire0
The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information Security Officers (CISOs). According to the latest threat research from SecurityScorecard, 21% of S&P 500 companies experienced breaches in 2023. The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information......
FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches
Fintech News

FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches

Fintech News Desk
by Fintech News Desk0
Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses The Federal Trade Commission announced a newly updated rule that strengthens the data security safeguards that financial institutions are required to put in place to protect their......
Lumu Introduces the 2020 Compromise Flashcard: A Cybersecurity Infographic that Highlights State of Data Breaches on the Enterprise
Fintech News

Lumu Introduces the 2020 Compromise Flashcard: A Cybersecurity Infographic that Highlights State of Data Breaches on the Enterprise

Fintech News Desk
by Fintech News Desk0
Lumu, creators of the Continuous Compromise Assessment cybersecurity model that empowers organizations to measure compromise in real-time, today unveiled the 2020 Compromise Flashcard, an infographic-styled report that analyzes the current state of data breaches on the enterprise. Lumu’s 2020 Compromise Flashcard compiles recent industry research data to show how companies are......
Banking Featured Finance Fintech Risk Management Security

Why Network Traffic Monitoring is Essential for Robust Cybersecurity in Financial Services

Rishika Patel
by Rishika Patel0
In the high-stakes world of financial services, where vast quantities of sensitive data flow continuously across interconnected networks, network traffic monitoring has become more than a mere security tool—it’s a strategic imperative. According to Gartner, 90% of enterprises view network traffic monitoring as vital for maintaining reliability, security, and regulatory......
Cloud Digital Payments Featured Finance Fintech Risk Management Robotic Process Automation Security

Impact of PCI DSS 4.0 on Cloud Infrastructure Security for Financial Services

Fintech Staff Writer
by Fintech Staff Writer0
The introduction of PCI DSS 4.0 marks a significant update in the Payment Card Industry Data Security Standard (PCI DSS), which aims to enhance payment card data protection and address evolving security threats. For financial services organizations that heavily utilize cloud infrastructure, PCI DSS 4.0 brings new requirements and changes......
WhiteBIT Achieves the Highest Level of PCI DSS Certification for Payment Data Security
Digital Payments News Security

WhiteBIT Achieves the Highest Level of PCI DSS Certification for Payment Data Security

GlobeNewswire
by GlobeNewswire0
WhiteBIT cryptocurrency exchange has once again confirmed its commitment to top-tier security standards by successfully passing the Payment Card Industry Data Security Standard (PCI DSS) certification. The company achieved the highest Level 1 certification. This certification verifies that the WhiteBIT platform adheres to the best practices for storing, processing, and......
FusionIQ Achieves SOC 2 Type II Compliance, Reinforcing Commitment to Data Security
Compliance management News Security

FusionIQ Achieves SOC 2 Type II Compliance, Reinforcing Commitment to Data Security

PR Newswire
by PR Newswire0
Wealthtech Leader Delivers Peace of Mind Cybersecurity for Financial Advisors and Institutions FusionIQ, a leader in the delivery of cloud-based wealth management solutions proudly announces its achievement of SOC 2 Type II compliance, a significant milestone in the company’s ongoing commitment to data security and privacy. This certification demonstrates FusionIQ’s......
Artificial Intelligence Featured Finance Fintech Lending Machine Learning Risk Management Security

How Are FinTech Solutions Revolutionizing Loan Approvals with Advanced Security Measures?

Prajakta Ayade
by Prajakta Ayade0
One of the most notable areas of innovation in fintech is in loan approvals, where advanced FinTech solutions are revolutionizing the process by incorporating cutting-edge security measures. This evolution not only accelerates loan approvals but also enhances the security of transactions, providing a seamless and secure experience for both, lenders......
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