For banks, advanced algorithms hold the keys to keeping customer data safe—an imperative as high-profile hacks continue to make headlines.
Cybercriminals constantly prowl for holes in app code. To fight theft and secure customer data, banks must fight the battle on several fronts.
It’s a bird. It’s a plane. It’s modern IT leaping into the cloud. But be advised: No one beats the bad guys in a single bound.
Hackers now pursue valuable information and wealth from the inside as well as outside. They change tactics and refuse to give up—leaving banks in a race to keep up.
It’s the new face of an old scam that leaves consumers and financial institutions in the dark—until the damage is done.
Voice biometrics may scare customers with privacy concerns. It’s up to banks to teach them the security benefits of this remarkable technology.
While the battle against money laundering may seem perpetual, banks have advanced technology as a new weapon to fight it.
Ransomware attacks are growing in size and boldness. But pre-planned disaster recovery can guarantee a quick, sure response.