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 buddy, blockchain. (I may have written that one as well.)
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Posted in Financial Services Security | Comments Off on Blockchain security and the cryptocurrency boom, Part 1: Theory
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 self-service financial solutions across platforms.
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Posted in Financial Services Security, Open Source Security, Security Standards and Compliance | Comments Off on FinTech compliance is evolving to safeguard your information
Here are seven strategies that financial services firms can use to improve data security, lock down their assets, and protect their customers and clients.
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Posted in Financial Services Security | Comments Off on 7 ways financial services firms can protect themselves
On Wednesday three U.S. bank regulators issued an advance notice of proposed rulemaking (ANPR) calling on banks to do more with their cybersecurity programs.
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Posted in Financial Services Security | Comments Off on U.S. bank regulators want higher cybersecurity standards
A former Google engineer has created an operating system for the financial service industry that uses blockchain, a component developed by Bitcoin.
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Posted in Financial Services Security | Comments Off on Former Google engineer launches blockchain-enabled OS for financial services
According to the US Securities and Exchanges Commission chair, cyber hacking is the biggest risk facing the world’s financial markets today.
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Posted in Financial Services Security, Software Architecture and Design | Comments Off on SEC warns on financial services cybersecurity risks
SWIFT, the Society for Worldwide Interbank Financial Telecommunication, has issued a patch after identifying a vulnerability that may have lead to last month’s theft of theft of $81 million from a Bangladesh Bank account at the New York Federal Reserve Bank.
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Posted in Financial Services Security, Software Architecture and Design | Comments Off on SWIFT interbank network patches software vulnerabilities
Originally posted on SecurityWeek
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Posted in Data Breach, Financial Services Security, Internet of Things, Maturity Model (BSIMM) | Comments Off on ATMs to IoT: The generational divide of digital trust
Stung by early data breaches, some big banks have been quietly developing their own software products to protect their global assets.
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Posted in Financial Services Security | Comments Off on Big banks as security vendors
How can business leaders guarantee that they won’t be the next headline security breach? How should companies even start to address software security? Watch the HP Discover Performance Weekly video featuring Cigital CTO, Dr. Gary McGraw, to find out.
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Posted in Financial Services Security, Web Application Security | Comments Off on Is it time for Enterprise IT to declare defeat in the cyber security war?