CIO Business Intelligence

AUGUST 29, 2024

The new service will initially pilot in India with some of the country’s largest payment players, including payment aggregators such as Juspay, Razorpay, and PayU, along with major online merchants like bigbasket and leading banks such as Axis Bank, Mastercard said in a statement.

Banking 122

Banking Authentication Security System 122

Network World

MAY 20, 2016

Financial transaction network SWIFT called on its customers Friday to help it end a string of high-profile banking frauds perpetrated using its network. The SWIFT network itself is still secure, it insisted in a letter to banks and financial institutions.

Banking 68

Banking Authentication Financial Network 68

All Things Distributed

MAY 10, 2019

They've created a way to connect small farms in developing nations to banks and distributers of goods, like seeds, fertilizer, and tools. With HARA, this hard-to-obtain data on small farms is collected and authenticated, giving these farmers access to resources they've never had before.

Open Source 124

Open Source Authentication Banking Applications 124

Phil Windley

FEBRUARY 6, 2024

When I hand a merchant in London a piece of plastic that I got from a bank in Utah to make a purchase, a tiny miracle happens. In the past, these kinds of transactions required that the merchant trust me or my bank. Visa, Mastercard, American Express, and Discover are all examples of acceptance networks.

Network 88

Network Banking Financial Government 88

Phil Windley

MARCH 7, 2022

Summary: Authenticity and privacy are usually traded off against each other. At a recent Utah SSI Meetup , Sam Smith discussed the tradeoff between privacy, authenticity and confidentiality. Authenticity allows parties to a conversation to know to whom they are talking. The following diagram illustrates these tradeoffs.

Authentication 58

Authentication Banking Examples System 58

Vox

MAY 6, 2021

Authenticator apps like Google Authenticator might seem intimidating, but they’re easy to use and safer than texts. If you’re using texts for two-factor authentication, it’s time to change to an app. And you always use two-factor authentication, or 2FA. How to choose and use an authenticator app.

Authentication 145

Authentication Backup Google Security 145

CTOvision

OCTOBER 6, 2015

The entries were vetted in a two-stage process by the SINET Showcase Steering Committee, which was comprised of 100 security experts drawn from the venture, government, industry, academia, investment banking and private sector communities. The following companies were selected as the 2015 SINET 16 Innovators: Bayshore Networks, Inc.

Company 150

Company Applications Security Big Data 150

Phil Windley

FEBRUARY 24, 2020

Summary: An identity metasystem like the Sovrin Network provides the foundation for creating tens of millions of interoperable identity systems for every conceivable context and use. This metasystem is in effect a system of systems that exposes a unified interface much like a device driver or network socket does.

System 86

System Network Licensing Airlines 86

Network World

JULY 26, 2016

SMS messaging for two-factor authentication might become a thing of the past. Its latest draft of its Digital Authentication Guideline, updated on Monday, warns that SMS messages can be intercepted or redirected, making them vulnerable to hacking. federal agency is discouraging its use.

Authentication 60

Authentication Guidelines Banking Google 60

CIO Business Intelligence

OCTOBER 20, 2022

Vishing: Voice over IP (VoIP) and Plain Old Telephone Services (POTS) are also susceptible to phishing attacks – attackers use speech synthesis software and automated calls to solicit victims to share bank details and login credentials. Don’t log in to WiFi networks you don’t trust. Double check.

Training 140

Training Banking Social Malware 140

Network World

MARCH 29, 2017

The source code for a new Trojan program that targets banking services has been published online, offering an easy way for unskilled cybercriminals to launch potent malware attacks against users. The Trojan is called Nuclear Bot and first appeared for sale on underground cybercrime forums in early December for $2,500.

Banking 60

Banking Malware Authentication Internet 60

SecureWorld News

JUNE 15, 2020

It's a common best practice among CISOs trying to get their employees invested in cybersecurity for the corporate network: make things personal. Department of Justice alert: rogue banking apps and trojans. If there's one thing we can all agree on, it's that a trip to the bank is one of the least exciting errands of all time.

Banking 52

Banking Security Spyware Authentication 52

The Verge

MARCH 15, 2021

But with SIM swapping, it’s pretty easy to tell that you’re being attacked: your phone will completely disconnect from the cellular network. This also serves as a reminder that SMS should be avoided for anything security related, if possible — for two-factor authentication, it’s better to use an app like Google Authenticator or Authy.

Company 130

Company Authentication Industry Report 130

The Accidental Successful CIO

SEPTEMBER 13, 2023

Image Credit: Brian Klug Every CIO realizes that a key part of their job is to find ways to keep the bad guys out of the company’s networks. However, I think that we all have to agree that despite our best efforts there is always the possibility that the bad guys may find a way to get into our networks.

Firewall 130

Firewall Network Security Study 130

CIO Business Intelligence

JUNE 24, 2022

This is how the network pays for itself. Fees relate to the scalability of the network: as the demand for compute increases, its price goes up. In short, the trilemma is to make a blockchain network that harmonizes the three ideals of decentralization, scalability, and security. Central Bank Digital Currency (CBDC).

Industry 145

Industry Software Software Financial 145

CIO Business Intelligence

APRIL 19, 2023

Then, we quickly shifted our attention to the next phase, which was solving the security challenge of employees working in homes with smart thermostats, online classes, and video games all potentially on the same network. I think about this in the context of a ‘relationship bank.’

Network 140

Network Strategy Internet Banking 140

Phil Windley

OCTOBER 25, 2021

Peter references a white paper on central bank digital currencies and one on identity composability by Andrew Hong to lead into a discussion of account- and token-based identity. And while you do have an account with your bank, the brilliance of the credit card is that you no longer have to have accounts with every place you want credit.

Insurance 137

Insurance Authentication System Banking 137

CTOvision

JULY 8, 2015

The Army, therefore, is planning to further incorporate the open VICTORY network development standard. However, more recent network information going back to late May could be. Privileged user authentication and PKI are. Marine Corps, Interior Dept. Federal Standards Needed for Autonomous Technology To Excel, Volvo.

Insurance 150

Insurance Travel Government Agile 150

Galido

APRIL 6, 2020

Al has various impacts on different aspects of life, such as business, marketing, banking, etc. Al in banking is growing very fast in the last few years. Many banks in the world already use Al to support their customers, detect fraud in the banking system, and other purposes. Deep Learning.

Artificial Intelligence 94

Artificial Intelligence Applications Banking Film 94

CIO Business Intelligence

APRIL 29, 2024

The incident involved scammers who, using publicly available videos and audio from YouTube of targeted senior executives, created deepfake representations to deceive a finance employee into executing multiple transactions to bank accounts in Hong Kong, resulting in significant financial damage to the company.

Social 122

Social Financial Artificial Intelligence Media 122

CIO Business Intelligence

JANUARY 6, 2023

Several economists, a bank president, and a couple of reporters walk into a bar. The bank president wails, “ Economic hurricane.” Reducing talent uncertainty is a simple matter of managing personal networks. Stop me if you’ve heard this one before. The economists lament, “ A thick fog of uncertainty still surrounds us.”

CTO Hire 124

CTO Hire Banking Strategy CTO 124

Trends in the Living Networks

DECEMBER 19, 2007

Worklight has just released a Facebook application called Workbook , reports Dan Farber , which authenticates users with an organization’s identity systems, and enables closed communication within the Workbook application between Facebook users. The same thing is happening with social networks. So the excuses are running out.

Trends 60

Trends Network How To Security 60

CIO Business Intelligence

JULY 29, 2024

Vikram Nafde, executive vice president and CIO at Webster Bank, says having a customer-centric mindset helps drive a robust business strategy orientation. You have to build authentic relationships and connections throughout the entire enterprise.”

Banking 130

Banking Course Strategy Change Management 130

Dataconomy

JULY 26, 2023

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions. Multiple account types (savings, checking, etc.),

Software Development 36

Software Development Banking Financial Software 36

SecureWorld News

MAY 30, 2024

However, it's crucial to approach this incident with skepticism until more information is available, as the timing of the data being offered on the relaunched BreachForums site raises questions about its authenticity," said Toby Lewis , Global Head of Threat Analysis at Darktrace. "

Data 105

Data Authentication Financial Banking 105

CIO Business Intelligence

SEPTEMBER 12, 2023

Over 100,00 organizations are expected to be impacted by Network and Information Security Directive (NIS2) cybersecurity standards that European Union (EU) member states must implement by October 2024. [i] Zero Trust network security offers cybersecurity benefits vs. traditional perimeter-based network security models.

Security 97

Security Network Architecture Resources 97

CIO Business Intelligence

AUGUST 8, 2022

Cybersource, Visa’s global payment and fraud management platform, enables travelers to make payments using cards issued by banks and other financial institutions. Global and domestic credit, debit and prepaid cards. Similar to digital wallets, eWallets store a consumer’s payment details and preload money that they can use to make payments.

Travel 98

Travel Industry Security Authentication 98

The Verge

MAY 21, 2021

Wired has published an in-depth feature on the 2011 hack of security company RSA, in which hackers stole the so-called “crown jewels of cybersecurity,” the secret keys forming a “crucial ingredient” of its SecurID two-factor authentication devices.

Authentication 92

Authentication Government Banking Security 92

CIO Business Intelligence

AUGUST 17, 2023

With a deeply penetrated network of ATMs and cash distribution services across India at over 150,000 business commerce points, CMS Info Systems runs India’s omnipresent ATMs across nearly 97% districts. We have taken extensive measures to ensure app security, like having our own built-in certificates, and multi-factor authentication.

System 98

System Banking Security Network 98

CIO Business Intelligence

MAY 18, 2022

EA can help, for example, by describing which cloud providers share the same network connections, or which shippers rely on the same ports to ensure that a “backup” provider won’t suffer the same outage as a primary provider, he says. In recent years, for example, much of the work done by a network engineer has been automated.

CTO Hire 122

CTO Hire Architecture Applications Enterprise 122

The Accidental Successful CIO

FEBRUARY 19, 2020

You are now a hacker that is trying to break into your company’s network because you understand the importance of information technology, want to get money from your company, or do something else that you really should not be doing. It turns out that social engineering attacks rely on something caused psychological authentication.

Engineering 130

Engineering Social Education Network 130

Cloud Musings

DECEMBER 14, 2014

million stolen from HSBC Bank A.S. By leveraging social media, face-to-face contact, telecommunications and other communication mechanisms, attackers are able to obtain information and access, either piecemeal or holistically, that permits their access to data, networks and other infrastructure. For example, recent breaches include 3.65

Security 159

Security Malware Internet Dell 159

Phil Windley

MAY 24, 2022

Writing about Central Bank Digital Currencies (CBDCs), Dave Birch said this: The connection between digital identity and digital currency is critical. Someone recently said (I wish I had a reference) that using your Ethereum address for your online identity is like introducing yourself at a party using your bank balance.

Internet 109

Internet Examples System Network 109

SecureWorld News

JUNE 6, 2023

These attackers have criminal intent, as they'll lure in victims by claiming to be a friend, family member, bank, or other well-known companies and websites. These attacks can come from malicious instructions, social engineering, or authentication attacks, as well as heavy network traffic.

Training 85

Training Malware Policies Authentication 85

Network World

JUNE 21, 2016

Messages can appear as if they came from Google, a bank, or a best friend, even though the email never came from the actual source. Authentication systems have stepped in to try and solve the problem. Email spoofing — a common tactic of spammers — basically involves forging the sender’s address.

Authentication 72

Authentication Banking Google Research 72

Phil Windley

MAY 30, 2018

Online, various, so-called "identity providers" authenticate people using usernames and passwords and provide a fixed, usually limited set of attributes about the subject of the identity transaction. Mutual exchange of keys is a big step up from SSL-mediated transactions on the Web where only one-side is cryptographically authenticated.

Authentication 65

Authentication Banking Licensing Government 65

SecureWorld News

APRIL 28, 2021

Also change passwords and security questions for any accounts you may have stored in either your inbox or browser, especially those of higher value such as banking.". Turn on 2-factor authentication wherever available. Keep operating systems and software patched.". Keep operating systems and software patched.". What was Emotet?

Malware 71

Malware Banking Windows Operating Systems 71