I have recently spent a lot of time talking about KYC (Know Your Client), AML (Anti Money Laundering, often confused with ALM which is Asset and Liability Management), Client Onboarding, PEPs (Politically Exposed Persons) and SARs (Suspicious Activity Reports). It’s all wrapped up in financial crime, compliance, legal, audit and operational risk. The core of…
We've all been saying that it's only a while before we pay for everything with a biometric, as mentioned in last weeks blog: The Age of the Password is over. Bringing this one step nearer to reality is PayPal. With the release of the Samsung Galaxy S5 last Friday, you can now pay with a fingerprint….
We've all been saying that it's only a while before we pay for everything with a biometric, as mentioned in last weeks blog: The Age of the Password is over. Bringing this one step nearer to reality is PayPal. With the release of the Samsung Galaxy S5 last Friday, you can now pay with a fingerprint….
I saw a great but scary presentation this week from Kamran Meer, Chief IT Security Officer at Bank Alfalah, the sixth largest bank in Pakistan. Kamran began by asking the audience if they knew about the Stuxnet attack. Amazingly, 70% of the audience hadn’t heard of it although maybe it’s not so amazing as this was…
I saw a great but scary presentation this week from Kamran Meer, Chief IT Security Officer at Bank Alfalah, the sixth largest bank in Pakistan. Kamran began by asking the audience if they knew about the Stuxnet attack. Amazingly, 70% of the audience hadn’t heard of it although maybe it’s not so amazing as this was…
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…
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…
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 –…
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 –…
“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…
