MAXEX, a company that develops a digital trading platform for the secondary mortgage market in the U.S., leaked 9 GB of internal documentation as well as full mortgage applications for 23 individuals. The data was released by a Swiss-based developer who apparently was unaware it was sensitive.
Criminals have been seeking innovative new ways to steal cash from ATMs. In the U.S., there has been a surge in physical attacks, while Europe has seen a sharp increase in "black box" attacks designed to make ATMs dispense cash on demand.
Whether you are just starting a digital transformation or you're running completely digitized processes, the right tech can make a significant impact on reducing risk and increasing customer value. But with so many solutions, how do you cull the herd?
Join us for an interactive session where we'll discuss a few...
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
The Treasury Department's Office of the Comptroller of the Currency has hit Citibank with a $400 million fine for deficiencies in enterprisewide risk management, compliance risk management, data governance and internal controls. Meanwhile, the Federal Reserve is requiring the bank's board to take action.
The Office of the Comptroller of the Currency has fined Morgan Stanley $60 million for the investment bank's failure to properly oversee the decommissioning of several data centers, putting customer data at risk of exposure.
Operational resilience gives banks the ability to simplify and streamline technologies supporting important business services, leading to better customer outcomes.
Download IDC ANALYST CONNECTION: Establishing Operational Resilience to Achieve Customer Excellence and learn
What difficulties face banks whose...
Contact Centers serving financial and banking organizations have quite a challenge regarding the verification of consumers. This is multiplied
by having to deal with the abrupt change from a mix of online and in-person points of contact to the necessary requirement that consumer interaction happens without any...
Operational and cyber risk teams at financial institutions often face cyber resiliency challenges due to the complex, highly interdependent nature of their application environments. With zero-downtime applications and critical dependencies extending across new and old infrastructure, it's more difficult than ever for...
Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.
What will be the impact of the leak of investigatory documents from FinCEN - the U.S. Treasury Department's Financial Crimes Enforcement Network? For starters, experts warn that FinCEN reports may reveal sensitive information tied to banks and law enforcement agencies' investigatory tools and tactics.
Traditional methods of signing forms and documents are moving from paper to paperless, and banks are increasingly turning to e-signatures to better serve customers that are looking for modern, digital, convenient banking services.
This guide gives a comprehensive overview for how the digital route provided by...
From account opening to HR, banks and other FIs have thousands of forms that can use e signature. While demand for e signature is high among all lines of business, the question is: where to start? And from there, what is the best way to extend e signatures across the enterprise?
To learn which processes are the best...
Financial Institutions (FIs) need strong security to combat fraud, but they cannot negatively impact the user experience.
To solve this challenge, FIs are increasingly turning to the emerging technology of behavioral biometrics.
Download this whitepaper to learn:
What are Behavioral Biometrics?
What are the...
Fraudsters' methods of attack are evolving. Download this guide to learn how to detect account takeover attacks with adaptive MFA, risk analytics, and machine learning.
In this eBook, you will learn:
6 fraud techniques that lead to account takeover attacks;
How to help prevent attacks on the login process,...