Biometric Payment Cards Launch in Kuwait
The customers of Kuwait International Bank (KIB) can now benefit from the convenience and ease of use of a contactless payment card supplemented with the security of biometric authentication
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FTC Says Biometric Surveillance Threatens Civil Rights
The Federal Trade Commission (FTC) has stated that the increased use of biometric data entails risks related to privacy, security, and discrimination.
Google to Delete Accounts Inactive for Two Years
Google on Tuesday, May 16, announced its intention to delete accounts whose activity has not been recorded for two years.
Facctum Launches Anti-Fincrime Tech for Nigerian Banks
The new anti-financial crime solutions harness the power of parallel processing technology to help Nigerian financial institutions modernise financial crime detection
OpenAI CEO Raises $100M for Iris-Scanning Crypto
Worldcoin will use iris-scanning technology for a worldwide identification system that would let people securely and simply access crypto services
Cable Wants to Help Banks Cut Financial Crime Through Automated Assurance
Cable Company, which provides services for the verification and assessment of potential financial risks, announced the holding of a round of attracting Series A investment funds.
In UK Ransomware Payments Nearly Double in One Year
In the UK, payments by companies to ransomware programs have almost doubled over the past year.
Mastercard Opens D&S Hub in Kuala Lumpur
Mastercard launched its new data and services (D&S) hub in Kuala Lumpur, which will nurture a talent pipeline and serve clients in the areas of cybersecurity, credit risk, and data analytics across the Asia Pacific region
Briton Pleads Guilty in US to 2020 Twitter Hack
A British citizen extradited to the United States in April pleaded guilty in New York to involvement in one of the largest hacks in the history of social networks.
Using Firewalls And Intrusion Detection Systems With Your Financial Institution’s Website Security Protocols
As more and more financial transactions occur online, financial institutions must take the necessary steps to protect their website. In this blog post, we will explore the importance of firewalls and IDS with your financial institution’s website security protocols. We will discuss the benefits of these security measures, different types of firewalls and IDS, and […]
British Banks Warn of Big Increase in Online Scams
British banks report that at the end of last year, there was a significant increase in fraud, most of which is observed in the online space.
Ex-Uber Security Chief Gets No Prison Time for Hack Cover Up
The former security chief of Uber Technologies Inc. has avoided jail time for concealing information about a large-scale identity theft that occurred in 2016.
Google Adds Passkeys as Option for Accounts
Users of Google accounts have been able to log in without a password.
Apple and Google Propose to Alert Consumers of Unwanted Tracking
Tech giants Google and Apple, which are competitors in the context of the market position, have announced a joint effort against unwanted tracking.
Apple Releases First Rapid Security Fixes for iPhones, iPads and Macs
Apple has released the first batch of publicly available rapid security fixes.
Why and How to Use VPN for Banking
Online banking has become an essential part of our daily lives. It is not only convenient, but it also makes financial transactions faster and easier than ever before, with the increasing use of online banking the risk of cyberattacks and data breaches. That’s why it is important to protect your banking activities with a virtual […]
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