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MY TAKE: Coping with security risks, compliance issues spun up by ‘digital transformation’

The Last Watchdog

Companies are being compelled to embrace digital transformation, or DX , if for no other reason than the fear of being left behind as competitors leverage microservices, containers and cloud infrastructure to spin-up software innovation at high velocity. A core security challenge confronts just about every company today.

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UK ‘open banking’ efforts provide case study in risks, rewards tied to digital transformation

SC Magazine

A quasi-governmental entity in the United Kingdom is rolling out a new tool designed to boost fraud protections among open banking partners, offering an interesting lesson in risk management amid digital transformation.

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SHARED INTEL: How attacks on web, mobile apps are being fueled by rising API vulnerabilities

The Last Watchdog

It’s the glue holding digital transformation together. Related: A primer on ‘credential stuffing’ APIs are the conduits for moving data to-and-fro in our digitally transformed world. APIs are literally everywhere in the digital landscape, and more are being created every minute.

Mobile 220
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Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity

Thales Cloud Protection & Licensing

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. However, the security of data in the cloud is a growing challenge.

Retail 83
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Spotlight: Traceable CSO Richard Bird on Securing the API Economy

The Security Ledger

APIs, today, are everywhere – they’re the foundation of digital transformation initiatives: allowing organizations exchange of data and instructions seamlessly between applications – many hosted in cloud environments. APIs abused in cyber attacks But APIs can also facilitate cyber attacks and the theft of data.

CSO 52
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Inside BNP Paribas’ Digital Banking Innovation: Cloud, Data, AI

Security Boulevard

But today, the rise of online banking, digital applications, and challenger banks has caused significant disruption across financial services. The COVID-19 crisis has put pressure on banks to improve their digital offerings as lockdowns have forced customers to turn to online banking rather than physical, in-store experiences.

Banking 111
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NEW TECH: Cequence Security’s new ‘API Sentinel’ helps identify, mitigate API exposures

The Last Watchdog

Without them digital transformation would never have gotten off the ground. Related: Defending botnet-driven business logic hacks APIs made possible the astounding cloud, mobile and IoT services we have today. OFX is the financial service industry’s standard for transferring funds,” he says.