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MAS Warns Financial Institutions of Quantum Computing Cyber Threats

Fintech News

Additionally, research into Quantum Key Distribution (QKD) technology is underway, aiming to create secure methods for distributing encryption keys.

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The Uncharted Territory Of M&A Cyber Risks

PYMNTS

Deloitte research found 79 percent of organizations expect merger activity to grow in the coming year, up from 70 percent that said the same for 2018. which suffered a data breach last year as the result of a cybersecurity incident at a third-party vendor. ” Business Partners At Risk.

Risk 65
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SenseOn: Confronting Modern Cyber Risks in Financial Services

The Fintech Times

As organisations rely on third-party vendors for various services like cloud computing, payment processing or customer service, these external relationships can introduce vulnerabilities if proper oversight and due diligence aren’t conducted.

Risk 57
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Build vs buy? Strategic decisions in financial crime management

The Payments Association

First, assess the experience level of your development team. Factor in time for research and problem-solving. Additionally, time for testing and quality assurance should be included, as technical tests with practical coding questions are preferred assessment methods. have 10-14 years. Lastly, consider regional factors.

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Back To Basics For SME Security

PYMNTS

Small businesses aren’t getting their cybersecurity strategies right, according to new evidence from researchers. Separate research released this month suggests that, indeed, SMEs need to start with the basics. Assessing risk involves examining these threats, as well as identifying vulnerabilities within an organization.

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The Buyers: Consumers, Post-Hacking

PYMNTS

Although data breaches have seen a decline from 22 percent down to 19 percent, according to Thales e-Security and 451 Research’s 2017 Thales Data Threat Report , an overwhelming 88 percent of senior security executives still feel vulnerable to cyberattacks.

Posting 44
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What is accounts payable outsourcing?

Nanonets

Organizations dealing with sensitive financial data may be hesitant to use a third-party vendor for their AP processes. Information via testimonials, user reviews, or feedback can highlight the vendor’s performance history. Hence they might want to consider AP Automation instead.