Cybersecurity

Strengthening Cybersecurity for SMEs in Mobile Banking
Digital & Technology Strengthening Cybersecurity for SMEs in Mobile Banking

In an age where financial interactions are increasingly conducted via smartphones and tablets, mobile banking has become a cornerstone for small and medium-sized enterprises (SMEs) to operate efficiently. Yet, as these convenient digital platforms gain popularity, they also become fertile ground

November 12, 2024
How Can Automated Threat Intelligence Boost Financial Cybersecurity?
Digital & Technology How Can Automated Threat Intelligence Boost Financial Cybersecurity?

The financial services industry has been under siege from cyber threats, with nearly two-thirds of financial institutions experiencing some form of cyber-attack in the past year. As critical components of modern infrastructure, these organizations must continually refine their cyber defense

November 7, 2024
Credit Europe Bank Introduces SANB to Enhance Payment Security
Capital, Risk & Assets Credit Europe Bank Introduces SANB to Enhance Payment Security

In a move that aims to bolster the security of electronic payments and transfers, Credit Europe Bank has implemented the Confirmation of Payee Service known as SANB (Serviciul Afișare Nume Beneficiar). The new feature enhances transaction security in lei via the bank's Internet and Mobile

November 5, 2024
Banks Endangered by Default Passwords Amid Persistent Cyber Threats
Digital & Technology Banks Endangered by Default Passwords Amid Persistent Cyber Threats

Despite substantial investments in cybersecurity, many banks remain vulnerable due to fundamental security oversights that could easily be addressed with more stringent protocols and training. Scott Weinberg, CEO of Neovera, emphasizes that even as banks invest heavily in securing their IT

October 28, 2024
How Can Financial Institutions Combat AI-Driven Cybersecurity Threats?
Digital & Technology How Can Financial Institutions Combat AI-Driven Cybersecurity Threats?

The rapid advancement of artificial intelligence (AI) has revolutionized many industries, with the financial sector being no exception. Financial institutions are leveraging AI for enhanced customer services, predictive analytics, and improved operational efficiency. However, the same technology

October 17, 2024
Balancing User Privacy with Website Functionality Using Cookies
Digital & Technology Balancing User Privacy with Website Functionality Using Cookies

As the digital landscape continues to evolve, the use of cookies and other tracking technologies on websites has become a prevalent topic, focusing on both enhancing user experience and ensuring robust privacy controls. These small text files play a crucial role in the functionality of websites,

October 17, 2024
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