Banking Security


New Research Shows Ransomware Attacks Resurge with Victims Doubling in 2023

New Research Shows Ransomware Attacks Resurge with Victims Doubling in 2023

Black Kite, provider third-party cyber risk intelligence, recently released its highly anticipated report, “Ransomware Threat Landscape 2023: Ransomware Resurgence”.

Making a Great Digital First Impression

Making a Great Digital First Impression

Onboarding customers digitally is a challenging juggling act for banks. Prospective customers will abandon the process if it doesn’t meet their expectations for an easy experience.

4 Ways VMS Implementation Can Transform Financial Institutions

4 Ways VMS Implementation Can Transform Financial Institutions

We’re in a world that’s becoming increasingly digital and financial institutions are no exception to that transformation. While the local branch can still directly manage money transactions or help a customer cash in rolls of quarters, more banks are leveraging technology that enables customers to engage with their banks using ATMs and apps for their money management.

Accelerating Security Modernization

Accelerating Security Modernization

In recent years, the term “digital transformation” has been one of the most frequently used buzzwords across industries. On its most basic level, it refers to the reimagining of how an organization leverages its technology systems to improve business processes.

Money in the Bank

Money in the Bank

We have all read or heard about incidents of cybercrime targeting government and commercial entities to compromise services or harvest information. As you can image, financial institutions are a primary target for attack.

The Threat from Within

The Threat from Within

Just as banks use every tool at their disposal to maximize revenue opportunities and manage their ledger, they must take the same approach when it comes to security.

Turning to technology as safe and trustworthy passwords

More Secure Banking

To be successful in financial services, banks, investment firms and other institutions need to prove to their customer base that they are safe and trustworthy. Yet many still rely on passwords, PINs and other knowledge- based authentication factors—which are not only unreliable, but also insecure.

fbi front

FBI Warns Financial Institutions To Beware of Coronavirus-Related Scams

Business email compromise attacks continue to be effective, tricking victims into transferring funds to fraudulent accounts.



A Measured Approach

A Measured Approach

The threat landscape continues to evolve for every business. But banks and financial services companies face especially urgent demands.

department of justice

Justice Department Indicts 80 People in Massive Online Fraud and Money Laundering Scheme

Two Nigerian citizens are accused of leading a massive fraud scheme that transferred at least $6 million in fraudulently-obtained funds, much of whom was taken from elderly people.

capital one building

Alleged Capital One Hacker Stole From More Than 30 Other Organizations, Prosecutors Say

In a search of Paige Thompson’s home, federal agents found servers holding stolen data from other companies and an “arsenal of weapons” belonging to her roommate.

capital one card

Capital One Breach Jeopardizes Data of Over 100 Million People

A lone attacker is accused of stealing personal information that included bank account numbers and Social Security numbers.

equifax logo

Equifax Will Pay At Least $650 Million In Settlement Over 2017 Data Breach

The credit-reporting agency will pay at least $300 million to victims. But it may be difficult for consumers to prove direct losses from identity theft.

Computer Science Student Shows Venmo Transactions Can Be Easily Acquired

Computer Science Student Shows Venmo Transactions Can Be Easily Acquired

A year after a privacy researcher showed the world that Venmo transactions could be easily accessed, a computer science student scraped seven million Venmo transactions to increase awareness of the issue.

Simplify, Automate and Modernize

Simplify, Automate and Modernize

The banking market continues to evolve due to the growing use of mobile devices, as more branch operations aim to enhance convenience and service for the customer.

How Safe Are Bitcoin ATMS?

How Safe Are Bitcoin ATMS?

As its evangelists work day and night to popularize digital currencies, Bitcoin ATM machines are popping up to help the unbanked and underbanked have access to the leading cryptocurrency.

HSBC Bank Discloses Security Incident

HSBC Bank Discloses Security Incident

"HSBC became aware of online accounts being accessed by unauthorized users between October 4, 2018 and October 14, 2018," the bank wrote in a data breach notification letter submitted to Californian authorities.

Global Payment Companies Test Data Security Readiness

Global Payment Companies Test Data Security Readiness

Eighteen payment processors from the U.S. and U.K. tested their systems for cyber attacks.

Cash In Transit

By definition, cash-in-transit (CIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another.

ATM Security Increased Following FBI Warning

ATM Security Increased Following FBI Warning

Banks are on alert after the FBI warned of a new potential threat.

Featured

  • 12 Commercial Crime Sites to Do Your Research

    12 Commercial Crime Sites to Do Your Research

    Understanding crime statistics in your industry and area is crucial for making important decisions about your security budget. With so much information out there, how can you know which statistics to trust? Read Now

  • Boosting Safety and Efficiency

    Boosting Safety and Efficiency

    In alignment with the state of Mississippi’s mission of “Empowering Mississippi citizens to stay connected and engaged with their government,” Salient's CompleteView VMS is being installed throughout more than 150 state boards, commissions and agencies in order to ensure safety for thousands of constituents who access state services daily. Read Now

  • Live From GSX: Post-Show Review

    Live From GSX: Post-Show Review

    This year’s Live From GSX program was a rousing success! Again, we’d like to thank our partners, and IPVideo, for working with us and letting us broadcast their solutions to the industry. You can follow our Live From GSX 2023 page to keep up with post-show developments and announcements. And if you’re interested in working with us in 2024, please don’t hesitate to ask about our Live From programs for ISC West in March or next year’s GSX. Read Now

    • Industry Events
    • GSX
  • People Say the Funniest Things

    People Say the Funniest Things

    By all accounts, GSX version 2023 was completely successful. Apparently, there were plenty of mix-ups with the airlines and getting aircraft from the East Coast into Big D. I am all ears when I am in a gathering of people. You never know when a nugget of information might flip out. Read Now

    • Industry Events
    • GSX

Webinars

New Products

  • XS4 Original+

    XS4 Original+

    The SALTO XS4 Original+ design is based on the same proven housing and mechanical mechanisms of the XS4 Original. The XS4 Original+, however, is embedded with SALTO’s BLUEnet real-time functionality and SVN-Flex capability that enables SALTO stand-alone smart XS4 Original+ locks to update user credentials directly at the door. Compatible with the array of SALTO platform solutions including SALTO Space data-on-card, SALTO KS Keys as a Service cloud-based access solution, and SALTO’s JustIn Mobile technology for digital keys. The XS4 Original+ also includes RFID Mifare DESFire, Bluetooth LE and NFC technology functionality. 3

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles. 3

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3