Remove Accountability Remove Digital transformation Remove Financial Services Remove Risk
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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. The massive transformation that’s happening right now introduces a lot of risk.

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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. While the introduction of open banking in the U.K.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

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The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders

Thales Cloud Protection & Licensing

The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders madhav Tue, 04/30/2024 - 05:32 Trust is the currency of the digital economy. It fuels innovation, drives customer loyalty, and underpins successful digital transformation. The DSA introduces tiered obligations based on platform size and reach.

Risk 71
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The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders

Security Boulevard

The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders madhav Tue, 04/30/2024 - 05:32 Trust is the currency of the digital economy. It fuels innovation, drives customer loyalty, and underpins successful digital transformation. The DSA introduces tiered obligations based on platform size and reach.

Risk 72
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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.

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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.

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