Security News

Refinitiv Qual-ID helps financial services providers fight identity fraud and financial crime
2019-09-24 03:15

Refinitiv has taken a significant step forward in its efforts to help financial services providers fight identity fraud and financial crime with the launch of Qual-ID, a new solution combining...

Safe Systems unveils Managed Site Recovery solution for financial institutions
2019-09-20 03:00

Safe Systems, a national provider of fully-compliant IT and security services for community banks and credit unions, announced the availability of its new Managed Site Recovery solution, designed...

Small businesses underestimate financial damage of cyberattacks
2019-09-18 14:54

The average breach causes an average of $149,000 in damages, yet most small-to-medium-sized businesses thought cyberattacks would cost them under $10,000, survey reports.

Businesses facing post breach financial fallout by losing customer trust
2019-09-18 04:30

44% of Americans, 38% of Brits, 33% of Australians, and 37% of Canadians have been the victim of a data breach, according to newly released research conducted by PCI Pal. The findings suggest that...

Only one quarter of retail banks have adopted an integrated approach to financial crime systems
2019-09-16 03:30

Most banks plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines, with the U.K. leading the pack, according to...

Fabricated Voice Used in Financial Fraud
2019-09-12 11:04

This seems to be an identity theft first: Criminals used artificial intelligence-based software to impersonate a chief executive's voice and demand a fraudulent transfer of €220,000 ($243,000) in...

Cobalt Iron’s Cyber Shield locks down data access control, greatly reducing financial risk
2019-09-12 02:30

Cobalt Iron announced Cyber Shield, an extension of its Adaptive Data Protection SaaS solution that locks down and shields its customers’ backup data from loss, corruption, or attack. Cyber Shield...

NICE Actimize expands its Financial Crime Enterprise Consulting & Advisory Practice
2019-09-09 02:00

Strengthening its role as a proven end-to-end full-service provider, NICE Actimize, a NICE business and the leader in autonomous financial crime management, has added new service offerings to its...

BehavioSec partners with NICE Actimize’s X-Sight Marketplace to manage financial crime
2019-09-04 00:00

Helping financial services organizations keep up with a changing market landscape, NICE Actimize, a NICE business and leader in autonomous financial crime management, announced that BehavioSec, a...