Cyber Security, Fraud and social media - Community Banking Brief

The cyber security threat landscape in financial services

Insights on Business

FEBRUARY 13, 2019

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

Cyber Security

Cyber Security Security Exercises social media

Social Media Can Make Bank Customers Susceptible To Scams

PYMNTS

JUNE 8, 2018

Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. s TSB , for example, the bank saw attempted fraud rise up to 70 times, Reuters reported.

social media

social media Cyber Security Fraud System

Bots, humans share the workload of digital fraud

Payments Source

AUGUST 26, 2019

As mobile payment applications increasingly integrate with social media platforms, fraudsters are using a mix of bots and human labor to increase their chances of a successful account takeover.

social media

social media Fraud Mobile Payments

UK To Spend Close To £2 Billion To Fight Cyberattacks

PYMNTS

NOVEMBER 2, 2016

government plans to work with industry partners, such as Bath-based Netcraft — an outfit that specializes in internet security services and counts clients that include Microsoft, BT, Cisco and Intel. universities” that will be tasked with increasing security for smartphones, tablets and laptops.

Cyber Security

Cyber Security social media Security Survey

NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety

PYMNTS

JUNE 20, 2017

FindFace started as a futuristic social technology for identifying strangers by scanning their faces with a smartphone camera. Two years later, the facial recognition technology is the best in the world (yep, even better than Google’s) and is being used for public safety, law enforcement and fraud prevention through cybersecurity.

Technology

Technology Retail social media Fraud

Developing an Information Security Wellness Program for your Financial Institution

Jack Henry

SEPTEMBER 11, 2014

That is, given the same preventative measures, an FI may reduce the number and extent of information security breaches due to fraud. Consider implementing the following three measures in order to achieve information security wellness. Helping employees to recognize the signs of fraud and respond appropriately is a process.

Security

Security Exercises Cyber Security social media

Two Cyber Security Investments With a Silver Lining

Banking 2020

SEPTEMBER 10, 2015

The technology protects everything from online transactions and network remote access to social media, personal and business information. According to the Federal Trade Commission, only 26 percent of stolen identities are used for credit fraud. Do your customers know about these other types of fraud?

Cyber Security

Cyber Security Security Fraud Software

BA To Reveal Fine Print On GDPR Fines?

PYMNTS

SEPTEMBER 24, 2018

12 by James Dipple-Johnstone to the CBI Cyber Security: Business Insight Conference, the Information Commissioner’s (ICO’s) office has been getting about 500 calls weekly to the breach reporting line since May 25, and amid that deluge, many organizations ultimately decided that the breach does not meet reporting thresholds.

Data

Data Cyber Security Regulation social media

Some Fintech Podcasts To Add To Your List

William Mills

JUNE 22, 2017

The team also consists of Rachel Morrissey, executive producer of Fintech5, and Mike King, a fintech social media leader and author of Bankwide. Topics include fintech, risk management, blockchain, fraud detection and more. Bank on IT. BAI Banking Strategies. BankSocial.

Fintech

Fintech social media Cyber Security Conference

Banks battling a barrage of cyber attacks

NCR

JUNE 23, 2017

According to an Accenture survey , senior bank staff who participated believe their cyber security defenses are secure even though one-third of attempts by cybercriminals to breach banks are successful. Online fraud is one of the biggest challenges for the financial community. billion by 2020. Image: iStock/hh5800.

Fraud

Fraud Cyber Security social media Analytics

Frictionless Payments Take Center Stage at Money 20/20

Gonzobanker

NOVEMBER 17, 2016

My colleague Ryan Rackley summed it up perfectly when he referred to social media as the “new tattoo.”. While consumers and payment providers may hope for frictionless payments, the execution path will require new capabilities and deployments in fraud mitigation, cyber security, open APIs, and enhanced interoperability.

Payments

Payments Las Vegas Risk Management Cyber Security

Biometrics in the Future of Customer Identity Management

FICO

AUGUST 28, 2020

And looking at biometrics for online leisure purposes, only 5 percent would give a biometric to an online gaming company and only 8 percent would use biometrics with a social media provider. It is key that the assessment of an organization’s cyber security posture is empirical, i.e., based on actual data rather than opinion.

Management

Management Security Cyber Security social media

How Younger Generations Have Changed Financial Marketing

Social Assurance

JUNE 22, 2021

77% of Gen Z browse social media to look for ideas on what products to purchase.” Virtually everyone in this generation uses social media at least once a week. This requires financial marketers to take a content-based, visual approach to their social media marketing efforts.

Marketing

Marketing social media Branding Cyber Security

The 2015 GonzoBanker Awards

Gonzobanker

DECEMBER 22, 2015

No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond). Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. FFIEC’s Cyber Security Self-Assessment Tool. Freudian Slip Award.

Community Bank

Community Bank Apple Community Technology

Hacking tools, stolen credit cards advertised on Facebook groups

American Banker

OCTOBER 21, 2022

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Tools

Tools Groups Cards social media

Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

PYMNTS

JANUARY 6, 2020

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! We’re always ready.” ” According to news reports, the website was rendered inaccessible in the wake of the hack. Past Is Prologue.

US

US Las Vegas Cyber Security Los Angeles

Community Banking Brief

The cyber security threat landscape in financial services

Social Media Can Make Bank Customers Susceptible To Scams

Trending Sources

Bots, humans share the workload of digital fraud

UK To Spend Close To £2 Billion To Fight Cyberattacks

NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety

Developing an Information Security Wellness Program for your Financial Institution

Two Cyber Security Investments With a Silver Lining

BA To Reveal Fine Print On GDPR Fines?

Some Fintech Podcasts To Add To Your List

Banks battling a barrage of cyber attacks

Frictionless Payments Take Center Stage at Money 20/20

Biometrics in the Future of Customer Identity Management

How Younger Generations Have Changed Financial Marketing

The 2015 GonzoBanker Awards

Hacking tools, stolen credit cards advertised on Facebook groups

Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

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