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Digital identities demand a digital infrastructure

Having talked about RBS yesterday, I’m just returning to my other theme of the week: rip out and replace. I guess it’s interesting that it is a complex situation as I was sitting yesterday talking about KYC, Know Your Client, once more and argued that for a digital age we need digital identities. This is…

Why Swiss banks are no longer so private

Further to the previous two entries about Swiss Banking (the settlements of the Knights Templar and the Protestant Reforms), we move into the 16th century with Switzerland proving an attractive ground for migration of the Protestants persecuted overseas. As mentioned, this period created the strong movement towards neutrality from any wars or hostilities overseas –…

Why Swiss banks are no longer so private

Further to the previous two entries about Swiss Banking (the settlements of the Knights Templar and the Protestant Reforms), we move into the 16th century with Switzerland proving an attractive ground for migration of the Protestants persecuted overseas. As mentioned, this period created the strong movement towards neutrality from any wars or hostilities overseas –…

The worst passwords ever …

“Password” is no longer the worst password with “123456,” the traditional runner up, taking the top spot, according to SplashData, provider of password management systems. The 2013 list was influenced by the large number of passwords from Adobe users posted online by security consulting firm Stricture Consulting Group following Adobe’s security breach. The list of…

WorstPasswords-2013

The worst passwords ever …

“Password” is no longer the worst password with “123456,” the traditional runner up, taking the top spot, according to SplashData, provider of password management systems. The 2013 list was influenced by the large number of passwords from Adobe users posted online by security consulting firm Stricture Consulting Group following Adobe’s security breach. The list of…

WorstPasswords-2013

Data is at the heart of everything today, especially cyberattacks

Another dimension of discussion at the Business Continuity and Disaster Recovery conference was the whole area of hacktivism and cyberattacks. We all know that the cybercriminals are organising cybergangs of cyberteenagers to cyberattack the cyberbanks (ed: isn’t that too many cybers for a Friday morning?). This was illustrated well by the figures I gave yesterday…

Mobile is the authentication tool

The more I think about mobile as an authentication tool, the more attractive it becomes. First you can geolocate customers using mobile.  XYVerify does this using telco masts, rather than mobile devices, as it can then use an independent verification mechanism to determine whether you really have you phone with you.  This is the sort…

Little donkey … oh no, it’s a money mule!

I just went to a really interesting meeting where the head of fraud for one of the major banks presented their approach to money mules. Pic from eCybercrime A money mule is a bit like a drugs mule, someone who is carrying out illicit activities on behalf of others. His definition is that a money…

Mule

Little donkey … oh no, it’s a money mule!

I just went to a really interesting meeting where the head of fraud for one of the major banks presented their approach to money mules. Pic from eCybercrime A money mule is a bit like a drugs mule, someone who is carrying out illicit activities on behalf of others. His definition is that a money…

Mule

How will the waiter bring the bill tomorrow? (#Sibos 2)

So I gave the waiter the international sign for the check please in the bar last night, by writing the wavy signature in the air. I then realised this sign is as outdated as taping something or setting up the video recorder. It’s a 20th century hangover. It's the sign for signing a credit card…

Iphone 5s finger

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