In today’s dynamic world, the fifth generation of global wireless technology (or as we know it, 5G) is driving innovation in the financial sector, and the global pandemic is changing everyone’s lifestyle and payment habits, online payments become more and more important. Against this backdrop,… Read More »Using SIEM for Simplifying PSD2 Compliance
PSD2 is the new EU Directive that aims to open up the banks and allow non-banking institutions to provide payment services. It is a great thing but it comes with many requirements. They are in the form of implementing and delegated acts of the European Commission as… Read More »PSD2 Requirements and Secure Logs
The Sarbanes-Oxley Act (SOX) establishes requirements for the integrity of the source data used in financial transactions and reporting. In particular, auditors are looking at regulated data residing in databases connected to enterprise applications. To prove the integrity of financial data, companies must extend… Read More »Using SIEM for Simplifying SOX Compliance
SIEM Deep Dive: Financial Regulatory Compliance The financial sector – from international banks to fintech startups – are required to comply with numerous standards and regulations regarding information security, KYC and AML, open banking, and more. The financial sector is also a primary target of… Read More »Ebook: Using SIEM for Financial Compliance
SWIFT is a global provider of secure financial messaging services that connects thousands of banks, financial institutions and corporations all over the world. However, it does not monitor or control the messages that users send through its system. So, all issues with privacy and compliance… Read More »SWIFT: Covering Key Consumer Security Controls
The financial sector is heavily regulated in all aspects imaginable. We have previously covered PSD2 and the corresponding EBA guidelines with regard to having a secure audit trail and related security functionalities. Now there are new EBA guidelines on ICT and security risk management that banks must be compliant… Read More »Audit Trail In New PSD2 Requirements: EBA Guidelines on ICT and Security Risk Management
The most interesting type of data for cybercriminals is undoubtedly credit card data. For precisely that reason, a dedicated standard exists – PCI-DSS – created and observed by the payment card industry. The PCI DSS standard is pretty thorough and aims at increasing the security… Read More »Why Are Credit Card Numbers Leaking?
The FinTech industry is rapidly growing and although it has seen a decrease in the number of deals in recent months, it still maintains a good growth pace. It has proven to be a field that raises successful startup companies as 48 FinTech unicorns are… Read More »Lessons Learned from the Biggest FinTech Breaches
About Visa Innovation Program Visa Innovation Program, powered by Eleven Ventures and Visa, is created to address some of the most challenging problems in the financial industry, with the main focus on end consumers, small enterprises, and financial institutions. The program gathers know-how and talent… Read More »LogSentinel at Visa Innovation Program – Redefining Financial Cybersecurity Standards