Please turn on your JavaScript for this page to function normally.
compliance
Compliance department spending plateaued in 2020

A study of 117 organizations in the second half of 2020 showed that compliance department spending was projected to plateau in 2020 after several years of rapid growth, …

hole
The financial impact of cybersecurity vulnerabilities on credit unions

Cybersecurity vulnerabilities among credit unions and their vendors create the potential for large financial impacts to the credit union industry, according to a Black Kite …

identity theft
A strategic approach to identity verification helps combat financial crime

70% of financial services organizations are taking a strategic approach to identity verification to combat financial crime and stay one step ahead of fraudsters according to …

account
Businesses trust their remote employees are sufficiently skilled to mitigate cybersecurity risks

80% of businesses worldwide are confident their remote employees, specifically those working with finance software or participating in official company transactions, have the …

people
Customers willing to share personal data in exchange for personalized services

There is ample opportunity for financial institutions to harness the power of AI to build more meaningful connections and experiences with customers — vastly improving both …

shield
What behavioral experts can teach us about improving security

The “castle and moat” approach to protecting one’s domain was effective for centuries. At the start of the internet age, when a company’s greatest assets were physically …

finance
CFOs are becoming catalysts of digital strategy

As the pandemic continues to challenge organizations worldwide, the role of chief financial officers (CFOs) has moved further beyond “economic guardians” of the enterprise to …

Phishing
Successful BEC attacks become 56% more costly

The number of phishing attacks grew through 2020, fully doubling over the course of the year. Attacks peaked in October 2020, with a high of 225,304 new phishing sites …

5G
5G networks to incite job growth and boost GDP

5G networks could create about 4.5 million jobs in the US and add roughly $1.5 trillion to the country’s GDP, according to BCG. The analysis shows that 5G will …

data
How consumers protect sensitive information when using FinTech apps

42% of global consumers use a free FinTech app or platform. Of those, 50% do not know if the app they use sells their data. ESET has explored the topic of data security in the …

money
Financial institutions must prepare for increased risk of financial crime

LexisNexis Risk Solutions published survey results of U.S. and Canadian compliance professionals on the range of challenges that financial institutions have experienced during …

money
Financial institutions can strengthen cybersecurity with SWIFT’s CSCF v2021

The Society for Worldwide Interbank Financial Telecommunications (SWIFT) has introduced an updated set of baseline customer security controls that all of its users must …

Don't miss

Cybersecurity news