Software Integrity Blog

Archive for the 'Financial Services Security' Category

 

New software standards aim to slow rampant credit card theft

With the new PCI standards, the Payment Card Industry Security Standards Council intends to reduce credit card fraud. But the new standards may not be enough.

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SEC getting more aggressive on financial cyber lapses

SEC security measures, or cyber enforcement actions, are powerful incentives for financial institutions to protect investments and data from theft and fraud.

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Regulation looming for cryptocurrency

The cryptocurrency industry is both beloved and feared for being the so-called Wild West of finance. Beloved because of minimal regulation and at least a measure of anonymity. Feared because of minimal protection. There is no Federal Reserve to set a value, no FDIC to guarantee at least a portion of what you have stored […]

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IMF wants to pierce the blockchain anonymity veil

Anonymity—one of the biggest draws of cryptocurrency and the blockchain infrastructure it depends on—could get turned on its head if the vision of the head of the International Monetary Fund (IMF) comes true. Christine Lagarde, managing director of the IMF, called in a recent blog post for more regulation of the cryptocurrency market—to include the […]

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Blockchain security and the cryptocurrency boom, Part 2: Application

In Part 1 of our article on blockchain security and cryptocurrency, we took a hard look at the core components that make up a successful cryptocurrency like Bitcoin. From the distributed network itself to the individuals who wish to own and use a cryptocurrency wallet to transfer or spend Bitcoin, security is key (pun intended) […]

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Security breaches and cryptocurrency dominating news

This week in Open Source Insight, we examine blockchain security and the cryptocurrency boom. Plus, take an in-depth look at open source software in tech contracts with a legal expert from Tech Contracts Academy, Adobe Flash Player continues to be a security concern, the Open Source Initiative turns 20, and step-by-step instructions for migrating to […]

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Blockchain security and the cryptocurrency boom, Part 1: Theory

Thanks to Bitcoin, it’s fair to say that “blockchain” is a buzzword at the moment—like DevOps, or Zumba. This article isn’t going to dive into what a blockchain is, because many others out there already do that. Here’s a pretty good one that has a snappy description of the evolution of Bitcoin and its symbiotic […]

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FinTech compliance is evolving to safeguard your information

The rapid growth of custom and open source applications deployed in businesses worldwide means that all companies have significant software assets. In some industries, agile development and open source software have enabled a technological evolution, to the point of creating new business models. FinTech is one example of an industry established around technologies, delivering automated and […]

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Audit report shows open source management gaps remain

Taking a look at the findings in the 2017 Open Source Security and Risk Analysis Report Synopsys is a company that thrives off data. In fact, it’s essential to our business. I’m constantly impressed by the amount of data that we collect and the level to which our employees embrace the data-driven mentality here. We […]

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7 ways financial services firms can protect themselves

In 2014, remote attackers hit J.P. Morgan Chase and the associated website of the J.P. Morgan Corporate Challenge, affecting 76 million households and 7 million small businesses. Financial services are high value targets. Even when collecting only the name and address of a high-asset account holder, that information can still be profitable on the black […]

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