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

  • Cloud Adoption Gives Way to Hybrid Deployments

    Cloud adoption is growing at an astonishing rate, with Gartner forecasting that worldwide public cloud end-user spending will approach $600 billion by the end of this year—an increase of more than 21% over 2022. McKinsey believes that number could eclipse $1 trillion by the end of the decade, further underscoring the industry’s exponential growth. Read Now

  • AI on the Edge

    Discussions about the merits (or misgivings) around AI (artificial intelligence) are everywhere. In fact, you’d be hard-pressed to find an article or product literature without mention of it in our industry. If you’re not using AI by now in some capacity, congratulations may be in order since most people are using it in some form daily even without realizing it. Read Now

  • Securing the Future

    In an increasingly turbulent world, chief security officers (CSOs) are facing a multitude of challenges that threaten the stability of businesses worldwide. Read Now

    • Guard Services
  • Security Entrances Move to Center Stage

    Most organizations want to show a friendly face to the public. In today’s world, however, the need to keep people safe and secure has become a prime directive when designing and building facilities of all kinds. Fortunately, there is no need to construct a fortress-like entry that provides that high level of security. Today’s secured entry solutions make it possible to create a welcoming, attractive look and feel at the entry without compromising security. It is for this reason that security entrances have moved to the mainstream. Read Now

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions. 3

  • HD2055 Modular Barricade

    Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation. 3

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.” 3