Items include
authentication
Not all cyber threats are external. That’s why it’s imperative to periodically review which employees have access to which systems. We detail best practices of identity and access management.
Text message one-time passcodes are increasingly vulnerable to interception. We discuss the concerns and the alternatives CFIs should consider to boost security.
Can a banking app be secure and easy to use at the same time? Experts say yes, via emerging technologies — and a bit of a change in culture. We discuss the importance of balancing security concerns and user friendliness with your digital banking offerings.
Wire fraud is an ongoing problem for CFIs and their customers. Implementing multiple verification methods can help combat this. We explore a variety of options and provide the pluses and minuses of each one.
Behavioral biometrics, which tracks how users interact with their devices, could help CFIs seamlessly enhance their cybersecurity. We explore how it works, how it can help CFIs, and implementation challenges.
Facial recognition has been embraced for convenience and security, but it may not be as secure as previously believed. As cybercriminals step up their efforts, CFIs need to be aware of the risks the technology introduces.
Cybercriminals are continuously finding new ways to break through financial institutions’ defenses. We look at the increasingly important role of multimodal biometrics in a CFI’s security solution as well as the benefits and challenges of using biometrics for authentication.