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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221
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As The IoT Grows, Can It Overcome Security Problems?

PYMNTS

The Internet of Things (IoT) is about much more than the actual things, of course. IoT Security Concerns. A company such as Zededa generally operates in an area called “edge computing,” which a recent article from PCMag.com defined as “an architecture in which data is processed closer to where it originates.” Security Upgrades?

Security 198
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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

which of course is Brexit-ing the EU). Closer to home, of course, antitrust efforts and legal actions against major tech companies are ramping up (and, of course, are not confined to U.S. In China, of course , Ant Group is reportedly being told to switch focus back to payments business. Beyond The Companies .

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Banking Computer-Security Incident Notification Requirements Take Effect

Abrigo

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.

Security 195
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Nationwide Study: SMB Owners Lax About IoT Security Risk

PYMNTS

And the farmer who uses drones to help monitor operations – yet may not be able (or might not know how) to take steps needed to secure his or her server – is rendered vulnerable. And of course, said Nunziata, “when we think about retail businesses, the point of sale is always a concern.”

Study 191
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Fintech Finastra Hit By Suspected Ransomware Attack

PYMNTS

Banking technology FinTech Finastra was hit with a security breach on Friday (March 20), and was forced to shutter key systems and send employees home, according to a report by KrebsonSecurity. We wish to inform our valued customers that we are investigating a potential security breach. At 3:00 a.m.

Fintech 276
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Customer Data Management Challenges in Financial Services

Perficient

Data management capabilities need to be capable of managing structured and unstructured data, preparing data for analytics, and, of course, protect personal data across the data supply chain. And, of course, they need to trust the accuracy and security of that data.