Intelligent CISO caught up with Kamran Meer, CISO, United Bank Limited (UBL), to discover what operations look like in the banking sector as cyberattacks remain one of the biggest threats to the industry. Can you tell us what your role looks like day-to-day? I am responsible for information security of the bank. This involves everything […]
A cybersecurity attack on the New Zealand stock exchange has led two cybersecurity experts to underline its impact on critical infrastructure. In a statement, the stock market blamed the attack on overseas hackers, saying that it had “experienced a volumetric DDoS attack from offshore via its network service provider, which impacted NZX network connectivity.” Cath Goulding, […]
South Africa has just been hit by one of the largest-ever data breaches after Experian, one of the country’s biggest credit bureaus, was hacked. Experian said the personal information details of as many as 24 million South Africans, and nearly 800,000 business were compromised. These records were “exposed to a suspected fraudster”. Experian has reported […]
Capital One, a leading financial services corporation, has been issued an US$80 million fine by the Office of the Comptroller of the Currency (OCC) after it experienced a data breach in 2019. A statement from the OCC said: “The OCC took these actions based on the bank’s failure to establish effective risk assessment processes prior to […]
BlackBerry Limited has announced the release of BlackBerry Optics v2.5.1100 with cryptomining and cryptojacking detection for Intel-based commercial PCs. To detect advanced cryptojacking malware, the BlackBerry Optics Context Analysis Engine (CAE) leverages unique CPU telemetry from Intel Threat Detection Technology (Intel TDT) to provide enterprises and SMBs unparalleled detection of cryptojacking attempts. BlackBerry has collaborated with Intel on […]
Financial institutions stand the best chance of achieving cyber hygiene if they make it their mission to teach their workforce about important cybersecurity behaviors. David Sajoto, Vice President of Sales for Asia Pacific and Japan, ExtraHop, explains the important of cyber hygiene for finance organizations. Major data breaches are more than blips and nuisances. Often, […]
RSA, a global cybersecurity leader delivering business-driven security solutions to help organisations manage digital risk, has announced that NewDay, a leading consumer credit company serving around five million people across the UK, has selected and deployed RSA Adaptive Authentication for eCommerce to deliver advanced fraud protection for digital payments and address the requirements of the […]
Gartner, a world-leading research and advisory company, has forecasted worldwide security and risk management spending growth to slow but remain positive in 2020. Worldwide spending on information security and risk management technology and services will continue to grow through 2020, although at a lower rate than previously forecast, according to Gartner. Information security spending is […]
Saudi Arabia-based stc pay, a digital wallet and subsidiary of stc Telecom Company, and digital payments firm Visa, have signed a strategic partnership to launch customer-centric financial services and digital payment solutions to stc pay customers. The new agreement, Visa’s first fintech collaboration in Saudi Arabia, further builds on stc pay and Visa’s alliance from […]
The username and password have long been the baseline method for protecting accounts, but for consumers and businesses alike, they’ve become a lose-lose. Nick Caley, Vice President, UK and Ireland, ForgeRock, explains why. For consumers, the tipping point passed when the number of online accounts they held reached the hundreds, meaning they can no longer be […]
