Category: data protection

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Few UK firms are cyber insured despite financial losses

More than one-fifth of UK firms have been impacted financially by cyber attacks, yet potentially more than three-quarters of companies polled have never been insured for cyber-related losses  Some 22% of UK businesses have suffered a cyber attack that has cost them financially, according to a survey of more than 1,000 senior decision-makers from UK…
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8th July 2019 0

TypingDNA partners with XTN Security to help banks comply with PSD2

TypingDNA has partnered with cybersecurity startup XTN Security to help banks better defend themselves from fraud threats. As part of the deal, TypingDNA’s typing biometrics will integrate with XTN’s behavioural fraud prevention software to passively recognise users based on their typing patterns. With increased threats of cybercrime and regulations such as PSD2 and its strong…
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26th June 2019 0

Identity custodians needed in digital era

Digital identity systems will fail if they do not take humans into account, warns identity innovator, suggesting that a ‘digital guardian’ could help overcome most of these challenges Most people would like to have a single, verified and validated digital identity that can be used to access all services, according to John Erik Setsaas, vice-president…
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25th June 2019 0

How to Spring Clean Your Digital Clutter to Protect Yourself

You’re using strong and unique passwords. You’re on the lookout for phishing emails. And you’ve set up two-factor authentication on every account that offers it. Basically, you’re acing Personal Cybersecurity 101. But with new threats popping up all the time, you may be looking for other steps you can take to protect yourself. Here’s an…
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24th June 2019 0

Is ‘Brexit effect’ to blame for drop in UK data management investments?

  Research from data backup software supplier Veeam suggests UK C-suite is set to invest much less in data management over the course of the next 12 months than the rest of the world, prompting concerns that Brexit might be to blame  The economic uncertainty surrounding the UK’s exit from the European Union could be…
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21st June 2019 0

Tip of the ice-berg for tech regulation: automated facial recognition technology

The judgment of the High Court is awaited in relation to a judicial review claim brought by Ed Bridges against the Chief Constable of South Wales, alleging that the police force’s use of automated facial recognition technology (‘AFR’) breached his human rights and data protection legislation. The case represents a microcosm of the debate on…
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19th June 2019 0

equensWorldline helps 25 European banks reach first PSD2 compliance milestone

equensWorldline, a European card and payment processor, has helped 25 European banks reach the first milestone of PSD2 compliance. These financial institutions have become some of the first to get their testing facilities ready for the PSD2 deadline, being on track with the European Banking Authority (EBA) and corresponding National Competent Authorities timetables. The 25…
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12th June 2019 0

Protecting Data Flow in Shifting Privacy Regulations

In the face of political uncertainty, organizations are challenged every day to keep the personal data they hold safe across their entire ecosystem. They must be sure that their partners, suppliers and other third parties are also keeping the organization’s data safe. As well, the growth of technologies such as machine learning and artificial intelligence…
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11th June 2019 0

IDEX Biometrics partners with Tongxin Microelectronics to create biometric card

IDEX Biometrics fingerprint identification and authentication solution builder, is collaborating with Tongxin Microelectronics (TMC) to create a biometric card. TMC, a China-based smart card builder, will work with IDEX to build a biometric smart card solution for end-customer implementation. The card will be a dual-interface solution which combines the biometric sensor of IDEX with the…
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10th June 2019 0

Visa says payment industry can move away from using passwords

World Password Day was “observed” last month and there is no better time to acknowledge that the computer password is over 50 years old. It was invented by Fernando Corbato in the 1960s. Since then, other ways for consumers to authenticate their identity have been developed and according to a Euromonitor study, occurred 52 trillion…
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6th June 2019 0