Skip to content
Risk & Compliance RSS
Banking and financial services: New technology solves GDPR
Data privacy is driving the European Union’s General Data Protection Regulations (GDPR) in the UK, and yet it’s widely felt that banks and other financial services institutions have run out of time to find ways to comply with the requirements. Looming on the horizon for failing to comply is a dark cloud of significant financial penalties. [...]
The post Banking and financial services: New technology solves GDPR appeared first on Payments Cards & Mobile.
FIDO Alliance jumps into PSD2 Screen Scraping debate with letter
Conversations are ongoing between the European Commission (EC) and the European Banking Authority (EBA) around the Regulatory Technical Standard (RTS) for Strong Customer Authentication (SCA) under the Payment Services Directive 2 (PSD2), specifically with regards to Screen Scraping. Screen Scraping is the practice where third-party Payment Initiation Service Providers (PISPs) and Account Information Service Providers [...]
The post FIDO Alliance jumps into PSD2 Screen Scraping debate with letter appeared first on Payments Cards & Mobile.
Symantec annual Internet Security Threat Report
In the latest Symantec annual Internet Security Threat Report, Cyber attackers revealed new levels of ambition in 2016, a year marked by extraordinary attacks, including multi-million dollar virtual bank heists, overt attempts to disrupt the US electoral process by state-sponsored groups, and some of the biggest distributed denial of service (DDoS) attacks on record powered [...]
The post Symantec annual Internet Security Threat Report appeared first on Payments Cards & Mobile.
The 4th EU Anti-Money Laundering Directive becomes active
73% of financial crime professionals in UK financial services believe that the 4th EU Anti-Money Laundering Directive will make it easier for firms to prevent money laundering a survey of nearly 200 professionals has revealed. The Future Financial Crime Risk 2017 report, highlights that asset managers were especially positive about the advantages, with over 80% [...]
The post The 4th EU Anti-Money Laundering Directive becomes active appeared first on Payments Cards & Mobile.
Global cybersecurity trends – Trustwave 2017 report
Trustwave has released its 2017 cybersecurity report which reveals the top cybercrime, data breach and security threat trends from 2016. The report reveals both good and bad news in the world of cybersecurity as intrusion detection and breach containment times were relatively better, but other threats like malvertisements became cheaper and malicious spam saw increases. Key [...]
The post Global cybersecurity trends – Trustwave 2017 report appeared first on Payments Cards & Mobile.
