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Popular mobile banking apps are riddled with security flaws, and Android users are more at risk

Tech Republic Security

A study of banking apps for iOS and Android found poor source code protection, cleartext storage of sensitive data, and other serious flaws that make it easy for attackers to break into accounts.

Banking 490
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Should finance organizations bank on Generative AI?

CIO Business Intelligence

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In short, yes. But it’s an evolution. Fraud detection and prevention.

Banking 334
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Are enterprises ready to adopt AI at scale?

CIO Business Intelligence

This requires greater flexibility in systems to better manage data storage and ensure quality is maintained as data is fed into new AI models. This was made possible by the hybrid data platform OCBC Bank utilized, enabling them to fast-track AI deployment and provide a major return on investment.

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Snowflake Denies Responsibility for Ticketmaster, Santander Breaches

Information Week

Snowflake admits an ex-employee account was compromised, but the third-party cloud data storage software company denies the hack is linked to a pair of high-profile ‘ShinyHunters’ attacks on Ticketmaster and Santander Bank customers. Ticketmaster has confirmed its breach.

Banking 450
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Enterprise Storage Solution Provider of Choice: The Case Studies

CIO Business Intelligence

Most of Petco’s core business systems run on four InfiniBox® storage systems in multiple data centers. For the evolution of its enterprise storage infrastructure, Petco had stringent requirements to significantly improve speed, performance, reliability, and cost efficiency. Infinidat rose to the challenge.

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Outdated business apps can cloud your AI vision

CIO Business Intelligence

Decades-old apps designed to retain a limited amount of data due to storage costs at the time are also unlikely to integrate easily with AI tools, says Brian Klingbeil, chief strategy officer at managed services provider Ensono.

Cloud 270
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It’s time to go paperless: are bank branches ready?

CIO Business Intelligence

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Today’s rapidly rising rate environment is driving activity across the country’s 72,000 bank branches 2. Consider the following real-world scenarios. ●

Banking 260