With more than 4.1 billion user credentials exposed in the first half of 2019 alone, financial institutions (FIs) are rushing to artificial intelligence (AI) to prevent fraudsters from using them. Yet, for fraud prevention, Scotiabank Executive Vice President Rania Llewellyn says banks must take a...
One year on, what has the General Data Protection Regulation (GDPR) wrought? The EU law has sought to let citizens decide how their data is used, and when, and by whom. The regulation, which debuted in May of last year, means firms that process data must disclose...
As is the case for all connected technologies, mobile order-ahead apps are constantly at risk for cyberattacks, which target credit card information and other highly desirable data. Additionally, many restaurants that are new to the mobile ordering industry are not well-versed in best security practices....
Data breaches at financial services companies in the U.K. jumped fivefold last year, underscoring how the industry is a prime target for hackers. According to a report in The Financial Times citing the Financial Conduct Authority, during 2018 there were 145 breaches reported to the Financial Conduct...
April 27, 2017
Data breaches are not exactly news — since the Target breach of 2013, they’ve gone from being something that was little considered outside a fairly rarified group of people to something that quickly became top of mind of consumers, merchant and card issuers everywhere. Target closed the calendar year 2013 with the distinction of having […]
February 25, 2019
Data breaches at financial services companies in the U.K. jumped fivefold last year, underscoring how the industry is a prime target for hackers. According to a report in The Financial Times citing the Financial Conduct Authority, during 2018 there were 145 breaches reported to the Financial Conduct Authority. That is up from just 25 in 2017. Of […]
