Security

Security Becomes Top Concern for FSI Leaders as Cyber Attacks Become More Sophisticated

In the finance sector, security has become a top-of-mind issue for business leaders as the number of cyberattacks skyrockets and campaigns become more sophisticated. This is according to findings from a new survey conducted by cloud computing firm VMware. The

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Combating Fraud While Creating a Frictionless Payment Experience

Online shopping, which was already experiencing massive surges prior to the pandemic, added hundreds of millions more e-commerce customers over the last two years, as both merchants and buyers pivoted online to survive while social distancing. A Google-Bain report found

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Using E-Signatures to Ensure Business Continuity in an Increasingly Digital World

The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been thrust into a world of remote processes, and the need for technology that enables business continuity has never been higher.

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ForgeRock Redesigns Authenticator App for Enhanced User Experience

ForgeRock, an identity and access management software company, announced the availability of its next-generation Authenticator App. The redesigned app is said to offer a quicker and simpler login process and provides improved navigation, in addition to new biometric lock options

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Fraud Prevention Firm SEON Raises US$94 Million Series B

SEON, a London-based startup that powers online fraud prevention, announced that it has raised US$94 million in Series B funding. The round was led by Silicon Valley-based IVP with participation from existing investors Creandum and PortfoLion, as well as, angel

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Here Are 5 Cloud Security Predictions for 2022

Before COVID-19, businesses were already moving to the cloud, but with the pandemic forcing companies to turn to remote work, adoption of cloud computing has accelerated these past couple of years. 90% of the 2,800+ executives that were polled last

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Virtual Banking and Security in the Post-Cash Age

Virtual banking is one of the fastest-growing financial innovations, with a quarter of adults in some countries now having a digital-only bank account. The global total of virtual banking customers will pass 2.5 billion by 2024, with the number of

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4 Reasons Why You Need to Protect Your Company’s Data and How to Do It

Your business’s data is one of its most important assets. If it falls into the wrong hands, your company could suffer devastating consequences, such as identity theft, loss of employee productivity, or damage to your reputation. Hackers are becoming increasingly

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How Can You Secure Digital Channels Without Compromising User Experience

All banks and digital banking systems developers strive to make their services and mobile applications as convenient and safe as possible. Ideally, the user should be able to confirm documents with a single gesture, a single glance at a smartphone

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Why We Should Eliminate Passwords as Passwordless Authentication Is the Future

The computer password has been around for more than 6 decades. The first password can be traced back to 1961 in Massachusetts when a computer at MIT was protected with a password for secure login. Incidentally, MIT’s time-sharing system was

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