Deutsche Bank's recent revision of ratings on key cybersecurity stocks has stirred significant interest, with some companies seeing their prospects brightened while others face increased scrutiny. SentinelOne, a prominent player in the field, experienced an encouraging upgrade from Hold to
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
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
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
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
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
