PYMNTS

FEBRUARY 24, 2020

“As a leader in payments technology, Mastercard is to grow its workforce with notable investments in its artificial intelligence, cyber security, blockchain, user experience teams, and more. Mastercard first opened Ireland operations in 2008, with only 36 people on staff at the location.

Cyber Security 159

Cyber Security User Experience Technology blockchain 159

PYMNTS

NOVEMBER 30, 2020

"This unfortunately makes it an easy target for cyber attackers who are looking to make a quick buck." CERT is advising businesses to keep software up to date, deploy strong passwords and adopt antivirus software to combat the threat of BEC and other related frauds. In total, about $104.5

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

SEPTEMBER 24, 2019

The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades.

Digital Banking 109

Digital Banking NV Cyber Security Innovation 109

Perficient

APRIL 2, 2021

It involves using software to analyze both structured and unstructured data (i.e., The challenge is to ensure that the software being developed is not coded with biases. This involves employing AI to identify potentially suspicious, anomalous, or outlier transactions (e.g., fraud detection and financial crime monitoring).

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

JANUARY 9, 2020

2, Travelex took to Twitter and admitted to a “software virus.”. The National Cyber Security Centre said it was providing technical support. The attack occurred on New Year’s Eve. The hacker gang Sodinokibi , also known as REvil, reportedly demanded $6 million in return for encrypted customer data.

Cyber Security 131

Cyber Security Groups System Data 131

PYMNTS

DECEMBER 21, 2016

Air Force Life Cycle Management Center, Cyber Security Engineering Division. The five-year cost plus fixed fee (CPFF) award will cover cyber services and solutions that include assessments, independent verification and validation (IV&V), site audits, software assurance, prototypes and processes.

US 100

US Cyber Security Virginia Analysis 100

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. The reporting software looks for anomalies based on its algorithms.

Fraud 101

Fraud Security Video Retail 101

American Banker

OCTOBER 23, 2020

As the pandemic speeds digital adoption at financial institutions, the technology giants are pitching products that scan in data from mortgage documents and provide security and compliance controls used by in-house tech developers.

Software 90

Software Google Compliance Security 90

Banking 2020

SEPTEMBER 10, 2015

It’s clear that cyber threats and identity theft tactics are getting smarter, and that banks need to amp up their security practices to combat this evolution. Financial institutions have the opportunity to make security investments that also increase their ROI. But, with these threats comes a silver lining.

Cyber Security 40

Cyber Security Security Fraud Software 40

American Banker

MARCH 31, 2022

(..)

Software 74

Software Security Cyber Security Technology 74

PYMNTS

NOVEMBER 3, 2017

The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure. The Department of Homeland Security observes October as National Cyber Security Awareness Month.

Trends 125

Trends Apple Cyber Security Analysis 125

PYMNTS

MARCH 17, 2017

The hack was reportedly made possible by a newly disclosed bug in the software. Bugs in software are inevitable; however, how organizations protect themselves from these bugs is within their control,” Douthwaite said. Cyber Ransoms (Still) On The Rise. Or, at least, this was the first known hack.

Cyber Security 100

Cyber Security National Security Software 100

PYMNTS

MAY 23, 2017

According to reports in Reuters, the hackers had leveled up their malware software and were looking to go after French banks’ clients, among others. The malware was delivered to Russian banking customers via fake mobile banking apps — or via pornography or eCommerce programs. .

Cyber Security 101

Cyber Security Mobile Security Software 101

PYMNTS

MAY 15, 2017

National Security Agency, and Friday’s tally comes to more than 126,000 cases of infection. The NHS has experienced a major cyber-attack, we are working with law enforcement and our advice will follow shortly!” Reuters and others reported that the ransomware infections that hit computers worldwide likely trace their genesis to the U.S.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

DECEMBER 20, 2017

The company announced this week that it deployed a “blockchain-inspired” technology to manage collateral in its ledger and facilitate the sending of cash and securities. Reports in BlockchainTribune this week said the government of West Bengal in India is planning to use blockchain to enhance the security of government documents.

blockchain 135

blockchain Cyber Security Groups Regulation 135

Cisco

OCTOBER 26, 2020

Today’s Security Environment. At the same time, customer confidence and trust on financial services firms will be put to the test as sophisticated cyber-attacks continue to target the firm’s digital products and services infrastructures as well as remote workers. 1) Secure by Design. Look for a Long-Term Solution.

Industry 110

Industry Security Policies Strategy 110

American Banker

JUNE 22, 2023

Ransomware gang Cl0p is currently threatening 50 companies with releasing data it stole from them late last month.

Software 101

Software Data Company Cyber Security 101

PYMNTS

SEPTEMBER 22, 2017

In that data breach, the fraudsters may have stolen numerous important and identifying information on consumers, including birth dates and Social Security numbers. Sweeting is a software engineer who was trying to demonstrate just how big a security liability the credit rating agency’s site really is.

National 123

National Security Data Software 123

FICO

AUGUST 4, 2020

Traditionally the vendor security risk assessment process has involved a manual and cumbersome spreadsheet-and-email system that is typically slow, labour-intensive, and potentially inaccurate. One of these sources, that has now been added to the Whistic platform, is FICO’s market-leading Cyber Risk Score.

Security 52

Security Risk Management Cyber Security System 52

American Banker

OCTOBER 13, 2021

(..)

Software 81

Software Cyber Security Security 81

Cisco

SEPTEMBER 20, 2022

Cisco Meraki actively assists financial institutions with the transition to multi-cloud environment, protection against cyber security attacks, operational efficiencies, and talent retention. A secure, Cloud-based, innovative network platform is designed for ease of use and quick time to value. ThousandEyes. Theta Lake.

America 95

America Video Compliance User Experience 95

FICO

DECEMBER 2, 2019

Now it’s easier than ever to understand your company’s cyber risk. The latest release of the FICO® Cyber Risk Score is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors. To learn more about the FICO® Cyber Risk Score visit [link]. by FICO.

Cyber Security 52

Cyber Security Risk Management Security Software 52

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. Many organizations are introducing new departments to cover digital, mobile and app security.

Mobile 102

Mobile San Francisco Tools Security 102

American Banker

DECEMBER 5, 2023

A third-party provider for credit unions failed to fix a long-patched vulnerability, according to a cybersecurity researcher who has studied the situation.

Software 73

Software Study Cyber Security Data 73

American Banker

MAY 9, 2023

(..)

Software 69

Software Cyber Security Security Technology 69

FluentBanking

JANUARY 15, 2021

Head of Islamic Banking Division Branch Manager Head of Corporate Division Deputy Branch Manager Head of SME Banking Credit Officer Head of Special Asset Management Foreign Exchange Officer Head of Brand & Communications Internal Control & Compliance Officer Head of Agent Banking Database Administrator Head of Human Resources Division Network (..)

Management 52

Management Cyber Security Resources Compliance 52

Payments Source

JULY 9, 2019

The PFM app provider Personal Capital set up a safe way for hackers to expose vulnerabilities in its software.

Software 81

Software Capital Cyber Security Security 81

American Banker

MAY 6, 2020

Financial institutions have been monitoring workers' productivity at home with tracking software and webcams. Now they're mulling whether to mandate contact-tracing apps, COVID-19 testing and other practices that could raise further privacy issues.

Software 95

Software Cyber Security Data Security 95

American Banker

MARCH 15, 2021

The Michigan bank is the latest company to have customer data compromised through a software vulnerability. The incident reinforces the importance of attack simulations, constant searches for intrusions and exchanges of intel with peers.

Michigan 94

Michigan Data Software Company 94

American Banker

APRIL 29, 2020

The online lender has deployed new software designed to spot security risks early, especially the kind of cloud-data issues that led to the Capital One-Amazon breach.

Software 57

Software Capital Security Data 57

Banking 2020

NOVEMBER 8, 2015

This change is aimed at promoting innovation and low cost electronic payment solutions while ensuring that security and data protection are not compromised,” said the European Payments Council. A big perceived threat around these changes is security. Banks are worried about access to their systems, but perhaps need to do more.

Cyber Security 40

Cyber Security Payments Security Regulation 40

American Banker

OCTOBER 18, 2023

The bank suffered its third breach in three years, this time by virtue of a vulnerability in Progress Software's file-transfer system. But Flagstar is only one of many such victims.

Software 83

Software System Cyber Security Data 83

FICO

DECEMBER 1, 2022

The software and tools required can simply be too complex or too costly to pull together in piece-parts. Readily accessible via API connectivity, these professional AI software offerings will allow companies to develop, execute and monitor their models and algorithms, while also demonstrating proper AI governance. See all Posts.

Analytics 98

Analytics Phoenix San Diego Tools 98

American Banker

MARCH 20, 2025

The breach occurred through a vulnerability in third-party file transfer software, and it took weeks for the bank to discover it.

Data 59

Data Software Cyber Security Security 59

Banking 2020

MAY 14, 2015

percent of revenue, IT spending in the banking and financial services industry is second only to the software/internet industry. Yet, CIOs spend 55 percent of the applications budget on maintenance and support, according to Forrester Research ’s most recent “State Of Enterprise Software And Emerging Trends” report. in the U.S.

Cyber Security 40

Cyber Security Software Study Industry 40

Payments Source

DECEMBER 21, 2018

The software, which was developed by Feedzai, will eventually block payments that appear to be fraudulent or mistaken.

Fraud 69

Fraud Payments Software Cyber Security 69

American Banker

FEBRUARY 25, 2016

The FBI's fight with Apple over access to a locked iPhone could undermine software security for financial institutions and their technology vendors and make it harder for banks to do business internationally or use cloud computing.

Apple 28

Apple Security Software Technology 28