Banking stories - Page 26

OSF Digital and Adept have been working together since 2019 following Adept’s onboarding to the OSF Global Partner Alliance.

It was Privacy Awareness Week recently. But one week in May every year isn’t cutting it: privacy needs to be a year-round focus.

Organisations are vulnerable to fraud and compliance risks that could deal significant damage if they are not properly protected and managed.

The Dridex trojan remains the most prevalent malware, often used in the initial stages of ransomware attacks, says Check Point Research.

Ransomware attacks have seen 102% increase this year compared to the beginning of 2020, and there are no signs of it slowing down.

State Street Corporation has launched its new Bitcoin Indicator series, aiming to measure the popularity of Bitcoin and its impact on traditional markets.

Oracle unveils new Analytics Cloud workflow with AI-based technology, including explainable machine learning and text analytics.

Most attempts by organisations to educate customers about fraud are ineffective, says new research from Callsign.

Alibaba Group remains third in the global Infrastructure as a Service (IaaS) market for the third year running, according to Gartner.

Spending on blockchain solutions is set to reach $6.6 billion this year, with strong growth expected in the coming years, according to IDC.

New Mambu study shows 73.5% of Australian consumers have never heard of open banking, but the sector must build trust.

Asia Pacific's ICT spending is projected to grow by 4.9% to reach $924bn this year, and is expected to exceed $1tn by 2024, according to IDC.

FSIs in Asia Pacific face increasing cyber threats as digital banking accelerates, warns VMware's Modern Bank Heists 4.0 report.

Almost all organisations faced mobile cyber-threats in 2020, as remote working increased concerns about mobile security, says Check Point Software.

There will be more than 1.4 billion users of facial recognition software used for payments alone in 2025, up from 671 million in 2020.

Instarem unveils new logo, website, and mobile app as it aims to expand and become an all-in-one consumer app for cross-border payments.

The financial threat landscape experienced a game-changing pandemic year, according to a new report from Kaspersky.

Cybercriminals used the time to plan more malicious propagation techniques, both new and evolved from previous methods.

The 2021 SANS Cyber Threat Intelligence survey reveals the growing importance of CTI as cyber-breaches and COVID-19-related attacks increase.

After a successful test rollout at the end of 2020, the bank is now offering voice-based biometric protection to all customers.