Ninety One is a South Africa-based independent, active investment manager dedicated to delivering compelling outcomes for its clients, managing more than £119 billion (2.6 trillion rand) in assets. Recently it implemented Customer Identity and Access Management (CIAM) infrastructure, including Single Sign On, Multi-factor Authentication (MFA). Scott Carr, IT Platforms Manager, Ninety One, tells us why […]
The Reserve Bank of New Zealand (Te Pūtea Matua) is responding to a breach of a third-party file sharing service used to share information with external stakeholders. Governor Adrian Orr says the breach is contained but it will take time to determine the impact. “We are actively working with domestic and international cybersecurity experts and […]
Trust Stamp and DirectID have launched a bank and document authentication solution backed by secure facial biometric matching. Trust Stamp, an AI-powered authentication company dual headquartered in Atlanta (US) and Cheltenham (UK), and DirectID, an open banking solutions provider that enables organizations to increase operational efficiency and overcome challenges presented by risk, compliance and fraud […]
Thales showcases the world’s only double-sided ID card reader, the first to be able to examine ID cards or driving licenses in the cloud in less than four seconds. The design of the intelligent reader allows to speed up the process, while guaranteeing a high security level, and offering cost benefits to the operators. It […]
Gareth Williams, Vice President – Secure Communications & Information Systems, Thales UK, speaks about risk management and fraud detection, outlining what enterprises, particularly in the financial sector, can do to encrypt their customer and employee data. With increasing automation and digitalisation, Critical National Infrastructure continues to be a key target for hackers. In fact, a […]
Ping Identity has launched a Consumer Data Right (CDR) Integration Kit enabling Australian banks and fintech company data holders to align with CDR regulatory requirements while also simplifying data recipient functionality. Under CDR rules, financial institutions must provide customers with greater access and control of their data. The aim is to make it easier for […]
Rubrik, a cloud data management company, has revealed almost one-in-three (29%) Australian and New Zealand organizations which fell victim to ransomware attacks in the past two years had paid off the criminal groups responsible to regain access to their data. This insight emerged from IDC’s A/NZ Ransomware Survey, August 2020, commissioned by Rubrik. This finding […]
ESET researchers have participated in a global operation to disrupt the Trickbot botnet, which has since 2016, infected over a million computing devices. Along with partners Microsoft, Lumen’s Black Lotus Labs Threat Research, NTT and others, the operation impacted Trickbot by tanking their command and control servers. ESET contributed to the effort with technical analysis, […]
According to Kaspersky survey, more than half of users (53%) of people in the United Arab Emirates (UAE) faced banking fraud at least once in the first half of 2020. In most of the cases (more than 85%) the banking fraud occurred via the phone, while the calls were received mainly during business hours from […]
UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the countries saw increases in card fraud losses in 2019 according to the report, based on data from Euromonitor International and UK Finance. “Following a frustrating […]
