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What Do Banks and Cybersecurity Have in Common? Everything.

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New cyber-security threats require new solutions. New solutions require a project to implement them. The problems and solutions seem infinite while budgets remain bounded. Therefore, the challenge becomes how to identify the priority threats, select the solutions that deliver the best ROI and stretch dollars to maximize your organization’s protection. Consultants and industry analysts can help, but they […]

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Now or Never: Financial Services and the Cloud

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I will get straight to the point: The time is right for the financial services (FS) industry to leverage the power of the cloud. It dovetails quite nicely with retail banking’s competitive moves to provide users with more flexible choices, banking simplification and an improved, positive customer experience. Indeed, I am encouraged that roughly 70% […]

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How Hackers Hijacked a Bank’s Entire Online Operation

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The traditional model of hacking a bank isn’t so different from the old-fashioned method of robbing one. Thieves get in, get the goods, and get out. But one enterprising group of hackers targeting a Brazilian bank seems to have taken a more comprehensive and devious approach: One weekend afternoon, they rerouted all of the bank’s […]