Despite decades of staggering advances, technology can still only do so much. Travelex CISO James Gay tells FST about security’s vital human component.
Employees should be the new line of defence in any cyber security strategy, says a new report from PricewaterhouseCoopers.
“Never let a serious crisis go to waste … now is the opportunity to do things you couldn’t do before”. So said Rahm Emanuel, President Obama’s Chief of Staff. Well financial institutions have certainly had their crisis and any organization that uses the economic slowdown to upgrade and standardize its IT systems is bound to be far better placed to make a fast recovery when the time is right. The question is, what’s the best way to go about it?
Jenny Dugmore reveals the importance of authentication to ensure against identify theft.
Online banking is about more than cost cutting. Banks are just waking up to its potential for increased revenue and new business opportunities. In this context, online security is not just a cost of business to be weighed against losses to fraud. It is the key that opens the door. But it will only work if banks change the way they build a business case for trust and security.