Risk & Compliance RSS
Killer devices to hacked fingerprints: 17 financial crime trends for 2017
If the world seemed dangerous from a financial crime perspective last year, analytics firm FICO predict an even more challenging 2017. In a new paper, four of the leaders in the company’s fraud and financial crime group laid out 17 predictions, ranging from killer devices in the home to hacked fingerprints. Some of the biggest [...]
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Regulators enforce new rules – bank executives to vouch for cyber attack defences
Tough rules laid down by New York’s state regulator will see senior executives at some of the world’s biggest banks and insurers vouch for their companies’ resilience to cyber attacks. A new regulation, which takes effect on March 1, requires companies supervised by New York’s Department of Financial Services to establish and maintain a cyber [...]
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Top 10 trends for biometrics and digital identity for 2017
Acuity Market Intelligence has released the 2017 “Ten Top Trends for Biometrics and Digital Identity”. Acuity characterizes 2017 as a “breakout” year for biometrics and digital identity when increased adoption reflects a new understanding of the potential benefits these technologies offer. “Biometrics and digital identity are often perceived as threats to privacy and security,” comments Maxine Most, [...]
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European regulator continues planned authentication shake-up
Following the European Banking Authority’s consultation paper on strong customer authentication, the future for operators in Europe looks uncertain. Since the introduction of 3-D Secure for card-based e-commerce payments in 1999, the industry has been moving towards a risk-based authentication approach. Background and step-up authentication, as and when required, has helped the industry strike a [...]
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Is managed security right for your business?
Choosing whether to delegate all or some of your security needs to an outside partner can be difficult. But considering that threats have advanced, the attack surface has grown, and resources have contracted while the security skills gap has widened, it is a decision all organisations should at least consider. Are managed security services a [...]
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