cybersecurity

13 Changes Coming To The Banking Industry
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13 Changes Coming To The Banking Industry

Very few industries have a long history and stability the banking industry has enjoyed. Banks depend on the firm trust of their customers, and as a result, change usually takes a long time. However, in recent years, members of the banking sector have realized that evolution is necessary if they […]

Apple offers $1million prize to hackers who can find security holes in Apple Watch, iCloud, and other devices
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Apple offers $1million prize to hackers who can find security holes in Apple Watch, iCloud, and other devices

Apple has officially launched an its-device wide hacking bounty The program offers a range of cash prizes for people who find security flaws  Covered devices will include Apple Watch, iPhone, iPad, Apple TV, and iCloud Today, Apple officially opened a hacking program that will pay people who discover bugs and […]

Security in the supply chain – a post-GDPR approach
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Security in the supply chain – a post-GDPR approach

A year and a half after the introduction of the EU’s General Data Protection Regulation, Fieldfisher’s James Walsh reviews the fundamentals of supply chain security. Not that long ago, businesses were rushing to put in place contractual terms with their processors to comply with the General Data Protection Regulation’s (GDPR’s) […]

For data compliance, banks and payment firms show signs of ‘getting it’
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For data compliance, banks and payment firms show signs of ‘getting it’

New data protection laws are changing marketing forever for merchants, payment firms and other companies. It started with GDPR, the EU’s landmark privacy regulation that ensured consumers must consent to receive digital communications from corporations. California is next: The California Consumer Privacy Act, modelled largely after GDPR, will go into […]

Kaspersky Eyes to Tackle Crypto Crimes That Are Costing the Industry Billions
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Kaspersky Eyes to Tackle Crypto Crimes That Are Costing the Industry Billions

With the total market capitalization of cryptocurrencies estimated to be more than US$200 billion, it’s evident to industry observers that the crypto industry has been rapidly on the rise in recent times. Inevitably, with the rise, comes bad actors who see it as an opportunity profit from it in unscrupulous […]

Regtech can help mitigate risk in the property sector
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Regtech can help mitigate risk in the property sector

If estate agents want to defeat criminal activity, they must be willing to incorporate more specialised regulatory technology (regtech) into their processes. Regtech that features advanced ‘augmented intelligence’ solutions can significantly ease the legislative burden for businesses. These solutions use hundreds of terms in multiple languages to perform real-time searches […]

Coinfirm partners with Kroll to help users recover lost or stolen crypto
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Coinfirm partners with Kroll to help users recover lost or stolen crypto

Pawel Kuskowski, CEO at London-based Coinfirm, a company focused on developing regulations technology, or Regtech, for blockchain-based financial assets, estimates that there’s $10 billion in stolen cryptocurrencies. In order to help victims recover their funds, Coinfirm has partnered with cybersecurity firm Krollwire to launch ReclaimCrypto.com. There’s usually no recourse for […]

National Cyber Security Centre stops over 600 cyber-attacks in the UK across the year
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National Cyber Security Centre stops over 600 cyber-attacks in the UK across the year

The National Cyber Security Centre (NCSC) has revealed it has protected the UK from more than 600 cyber-attacks in the past year This announcement comes as the NCSC releases its third annual review where it also explains other actions it has taken to protect the public. This includes an initiative to stop […]

Few UK firms are cyber insured despite financial losses
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Few UK firms are cyber insured despite financial losses

More than one-fifth of UK firms have been impacted financially by cyber attacks, yet potentially more than three-quarters of companies polled have never been insured for cyber-related losses  Some 22% of UK businesses have suffered a cyber attack that has cost them financially, according to a survey of more than […]

Visa says payment industry can move away from using passwords
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Visa says payment industry can move away from using passwords

World Password Day was “observed” last month and there is no better time to acknowledge that the computer password is over 50 years old. It was invented by Fernando Corbato in the 1960s. Since then, other ways for consumers to authenticate their identity have been developed and according to a […]