Security

Computer security, also known as cybersecurity or IT security, refers to the security of computing devices such as computers and smartphones, as well as computer networks such as private and public networks, and the Internet.

Source: en.wikipedia.org

nsKnox: 2021 Was the Year of WFH and Increased Fraud

nsKnox: 2021 Was the Year of WFH and Increased Fraud
nsKnox: 2021 Was the Year of WFH and Increased Fraud
January 18, 2022  |  Opinion

Working from home gave fraudsters new vulnerabilities to exploit as companies were forced to reinvent business processes using distributed teams. Nithai Barzam, chief operating officer...

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UK’s FCA Issued $775M in Fines in 2021
UK’s FCA Issued $775M in Fines in 2021
January 17, 2022  |  Cross-border Payments

A rise in financial crime fueled by the pandemic led the U.K.’s Financial Conduct Authority (FCA) to issue 568 million British pounds (about $775 million)...

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Open Banking Series: What Data Do Banks and FinTechs Share?
Open Banking Series: What Data Do Banks and FinTechs Share?
January 12, 2022  |  Banking

Open banking is, undoubtedly, a good innovation for the banking sector, especially for consumers and FinTechs. But open banking can also help traditional banks to...

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Florida Hospital Data Breach Spotlights Urgency to Safeguard Identities, Not Just Payments 
Florida Hospital Data Breach Spotlights Urgency to Safeguard Identities, Not Just Payments 
January 06, 2022  |  Digital Identity

So much of commerce has gone online, so many transactions are done digitally as the pandemic lingers, that it might be tempting to think that...

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Crypto Crime Up 79% Against Transaction Volume Surge of 567%
Crypto Crime Up 79% Against Transaction Volume Surge of 567%
January 06, 2022  |  Cryptocurrency

The widespread adoption of cryptocurrency broke transaction volume records in 2021, but the 567% surge had a magnetic pull on cybercriminals, who turned to the...

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European Data Protection Supervisor Urges Increased Data Protection in Card Payments 
European Data Protection Supervisor Urges Increased Data Protection in Card Payments 
January 04, 2022  |  Cybersecurity

The European Union’s independent data protection authority has identified how data collected during card-based payment transactions can be used to profile customers and, if not...

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Could 2022 Be the Year of Digital Authentication?
Could 2022 Be the Year of Digital Authentication?
December 27, 2021  |  Authentication

Almost half (43%) of businesses plan to invest in digital authentication solutions this year, and two-thirds (66%) of organizations say upgrading their digital identification processes...

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38% of CFOs Accelerated Payments Digitization to Improve Balance Sheets 
38% of CFOs Accelerated Payments Digitization to Improve Balance Sheets 
December 27, 2021  |  Digital Payments

Payments digitization is playing a key role in chief financial officers’ (CFOs’) broader strategies for improving their organizations’ financial health. In fact, 38% of CFOs say they have...

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