Security News
Sontiq announced it has acquired data breach intelligence fintech Breach Clarity. As a result of the acquisition, Sontiq's products - IdentityForce, Cyberscout, and EZShield - all built on its tech-enabled IIS Platform, will have the proprietary capability, BreachIQ. Sontiq is the first provider in the identity security marketplace to offer consumers an AI-driven and proprietary personalized risk score with actionable next steps based on their unique data breach history.
In this role, Ms. Beckham will oversee all financial operations while working closely with our leadership team to support Cyber Defense Labs' business strategy and anticipated growth. Ms. Beckham brings a proven track record of success in leading all aspects of corporate finance with strong expertise in financial management, budgeting and forecasting, risk mitigation, cost controls and strategic planning.
Account takeovers and online banking fraud are two types of attacks on the rise against financial institutions and their customers, says Feedzai. Amid the coronavirus pandemic, 2020 saw a quick and abrupt transition to digital banking and commerce, a boon for banks and customers alike.
BBVA and Google Cloud announced a new strategic partnership to transform the bank's security strategy by optimizing and improving its security infrastructure. BBVA is the first bank in Europe to deploy Chronicle, Google Cloud's security analytics platform that allows teams to store and analyze all their security data in one place to detect and investigate threats at scale.
Fusion Risk Management announced it has recorded several significant client wins among multinational and global investment banks to start the calendar year as the company continues to expand its footprint in the financial services sector. More than 20 top financial services providers have selected the Fusion Framework System to drive their operational resilience efforts in the past year.
Founded by seasoned compliance veterans, DigiPli is transforming Anti-Money Laundering and Know Your Customer protocols for FinTechs and other financial services firms. DigiPli announces the official launch of its holistic Onboarding-as-a-Service solution, which addresses a financial institution's complete onboarding and KYC needs.
Entrust has announced a partnership with Netcetera to help financial institutions combat fraud associated with card-not-present transactions. The combined solution allows issuing banks to perform real-time risk analysis of online transactions based on a wide range of factors, and then to challenge the user with Strong Customer Authentication if a CNP transaction surpasses the risk threshold.
LexisNexis Risk Solutions published survey results of U.S. and Canadian compliance professionals on the range of challenges that financial institutions have experienced during the COVID-19 pandemic. The survey outlines the issues that many financial institutions encounter today and finds that the pandemic continues to test the resilience and agility of businesses across every market.
SWIFT is the world's largest provider of secure financial messaging services to banks and other financial institutions. To help financial institutions detect, defend and recover from cyberthreats, SWIFT designed its Customer Security Program in 2016.
The finance veteran joins VGS on the heels of a monumental year for the company as it secured $60 million in new funding and more than doubled its customer base. VGS' Zero Data approach to security and compliance eliminates organizations' need to store sensitive information within their own systems.