Tag: Governance
Interesting and innovative technology is disrupting the financial services market in a good way. Open Banking is one such initiative that can put the customer’s data to use to serve the user’s needs while also extending financial services to populations with no previous access to banking services. The positive impacts of Open Banking are leading…
Read MorePredictions are a risky business. If you play it too conservatively, you tell everyone what they already know and just get an eye roll for your trouble. If you go out on a limb and get it wrong, people stop listening to you. That’s why, as we unwisely return to the task of predicting the…
Read MoreAre cybersecurity budgets increasing or decreasing? In December 2019, experts were predicting 2020 would see a modest 8.7% growth in cybersecurity spending. With the ongoing COVID-19 pandemic, it comes as no surprise that security budgets instead are being slashed, prompting Gartner to revise its estimate to 2.4% growth in spending. Are they right? Let’s look…
Read MoreWhy does vulnerability management fail? There are a couple of reasons: Enterprise IT teams can’t keep up with all the vulnerabilities because secure coding hasn’t been, and still isn’t, a priority across all organizations that write software. In a recent F5 security event where 300 participants responded to live polling, 21% of respondents said they…
Read MoreEven Strong Defenses May Contain Weaknesses One could argue that fraudsters’ tactics are not novel and that investing in specialized products with machine learning and artificial intelligence should solve the issue of fraud. But somehow fraudsters still manage to outsmart security defenses. In a recent discussion that F5 Labs had with the head of the…
Read MoreSingle points of failure are the bane of engineering, and engineers put great effort into eliminating them from the systems they design. Increasingly, however, companies are handing over large amounts of their IT infrastructure and application portfolios to third-party providers. This reveals an interesting form of the single point of failure. If an organization uses…
Read MoreTo find the correct password, attackers must check word after word until they find one which outputs the same hash value as the one they have stolen. While this sounds tedious, password cracking tool, such as Hashcat, are capable of calculating billions of hashes per second on a single computer. Renting cloud computing services allows…
Read MoreBanking has undergone some huge transformations over the last decade as it becomes more embedded in consumers’ everyday lives. In the last year alone, technology adoption in banking has accelerated at an unprecedented rate due to the COVID-19 pandemic. A testament to this India, where digital payments over the unified payment interface (UPI) increased from…
Read MoreOn November 9, 2022 Twitter CISO Lea Kissner resigned along with the company’s chief privacy officer and its chief compliance officer. The Washington Post and other media outlets reported that internal Slack messages at Twitter revealed serious concerns that new leadership was pushing for the release of products and changes without effective security reviews—and that…
Read MoreIntroduction With artificial intelligence (AI) use growing in the enterprise, Chief Information Security Officers play a critical role in its implementation and adoption. CISOs need to prepare for the risks associated with AI content creation as well as AI-assisted security threats from attackers. By following some key best practices, we’ll be better prepared to safely…
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