Your employee’s online life could open your business to some serious dangers.
Many small businesses recognize the benefits of having a social media presence for customer service and long-term marketing purposes. However, many are slow to recognize social media’s security issues and how employees’ own social presence can add to the company’s security issues. Continue reading →
Security is a tricky business, especially as we store more personal information in the cloud, and access it with mobile devices. Passwords only take us so far. Good ones are hard to devise, even harder to remember, and all too easy for hacking software to crack. The few recent high-profile data breaches have given us all a reminder of just how fragile password protection is.
That’s why biometrics—fingerprint, palm and iris scanning, and voice recognition—are looking like the next big thing in keeping our private information private. Continue reading →
Data – its use, misuse, appropriation, destruction and theft – has crashed into the public consciousness and looks set to remain at or very near the top of government and corporate board agendas for a long time to come.
Whilst there are plenty of people writing on these issues I aim to write in simple terms for sellers, business developers, architects and others interested in understanding the issues from an industry perspective:
– what is happening out there which impacts banks and the financial markets
– what assets, capabilities, responses and solution offerings are on offer
– where to go for more and deeper information and advice.
There is no such thing as a truly secure password; there are only more secure or less secure passwords. Passwords are currently the most convenient and effective way to control access to your accounts. But passwords are a mess. We have too many; sometimes they are all the same, which makes it easier for a hacker; many passwords are “123456” and easy to crack; and there are numerous ways that a criminal can spy on us to log our keystrokes. Continue reading →
On my way to the office, I met an old friend on the train today. During the course of our conversation, I learnt that despite owning a smartphone, she does not carry out banking transactions through it. She doubts if her bank has made mobile transactions completely safe and is biding her time, waiting for the day when mobile banking becomes foolproof.
Most of us believe that it is the sole responsibility of financial institutions to safeguard mobile banking transactions from fraud and phishing attacks. But the truth is that customers must share that responsibility by taking proactive measures to help reduce the risk. Some basic precautions while using the mobile phone can go a long way in reducing incidence of fraud.