Tag : Data Breaches

Banking Digital Payments Featured Finance Fintech Security

Cybersecurity in FinTech: Protecting The Future of Digital Financial Services

Prajakta Ayade
by Prajakta Ayade0
Cybersecurity has emerged as a critical concern today. Ensuring the security of digital financial services is paramount to maintaining customer trust and safeguarding sensitive data. Recently authID and FinClusive joined forces to integrate next-gen biometric and financial crimes compliance solutions, significantly boosting identity management’s security. This partnership enhances identity verification,......
Blockchain Compliance management Cryptocurrency Digital Payments Featured Finance Technology

Loss Of Cryptographic Key Might Make You Bankrupt

Pooja Choudhary
by Pooja Choudhary0
The cryptocurrency market is growing at an unprecedented pace. Currently, the global market cap is over $1 trillion, with multiple public-listed companies, like MicroStrategy, holding cryptocurrency in their treasury. Along with this growth comes an increased need for security, which is why key management is so important. Cryptocurrency exchanges, wallets,......
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......
Why Application-Layer Security Is The Future Of Fintech
Blockchain Business Fintech Guest Posts

Why Application-Layer Security Is The Future Of Fintech

Wias Issa
by Wias Issa0
In the FinTech industry, customer trust comes down to one thing—how well you secure customers’ financial data. Customers won’t touch your product if they hear so much as a whisper that your technology isn’t secure or that their data won’t be safe. According to the Pew Research Center, 70% of......
Immedis Delivers Secure Employee Self Service for Global Payroll
Banking News

Immedis Delivers Secure Employee Self Service for Global Payroll

Fintech News Desk
by Fintech News Desk0
Industry-first capability simplifies global payroll admin while increasing security Immedis, the leader in consolidated global payroll solutions, announced that it has delivered an industry first with employee self-service. The initial solution provides for the self-service of employee banking details. “Security is one of the central features of the Immedis global......
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......
Fintech Guest Posts InsurTech Risk Management

What You Need To Know About SOC 2

Jordan MacAvoy
by Jordan MacAvoy0
Nowadays, businesses are storing vast amounts of customer data, making security a primary concern. One of the compliance standards that have been established to ensure the safety of data is SOC 2. Here is a brief overview of SOC 2 with a few tips on how to become compliant. What......
Thales Study: US Financial Institutions Have Highest Rate of Data Breaches Despite Strict Compliance Mandates
Fintech News

Thales Study: US Financial Institutions Have Highest Rate of Data Breaches Despite Strict Compliance Mandates

Fintech News Desk
by Fintech News Desk0
62% of US Financial Service Organizations Experienced Data Breaches, but Security Spending and Encryption Rates Are Decreasing Data Security Is Not Keeping Pace With Rapid Industry Change Being Driven by Digital Transformation Top Data Security Concerns Are Cyberterrorism, Internal Threats and Industrial Espionage A new global study from Thales, with......
1