Did you know… Financial Services Organizations Are Now the #1 Target for Cyberattackers? The WannaCry ransomware attack that broke out May 12 attacked hundreds of thousands of Windows XP computers and tens of thousands of organizations spanning more than 150 countries. It provided a wake-up call about the vulnerability of organizations and the potential worldwide
According to a Constellation Research survey, digital disruption destroyed 52% of Fortune 500 companies from 2000 to 2014. They ceased to exist through bankruptcy, consolidation or acquisition. Fintech, medtech, cartech, mediatech, the Internet of Things (IoT) — these are only a few of the disruptive trends and technologies that have upended companies once thought of
Cyber security threats to the financial sector are on the rise with each wave of communications and infrastructure technology. This is particularly important in states such as Arkansas, which have limited ability to support the private sector or prosecute offenders.
KYC is an acronym for Know Your Customer. As more and more business is being transacted in the cyber world we have seen a rise in the spate of frauds and money laundering activities to fund nefarious acts. There was a growing need to keep a check on these. Reserve Bank of India, in a