Tag: cybercrime

Deutsche Bank’s Dave Watson talks cybercrime in Treasury and Risk

Corporate treasurers have already taken significant steps to fortify their cybercrime defences however, chinks in the armour of many treasury departments still remain – mainly in the form of third parties. Indeed, according to research undertaken by the Economist Intelligence Unit (EIU), whom surveyed more than 300 corporate treasury executives on their existing cybersecurity defence …

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Commerzbank identifies cybersecurity weaknesses in Banking Technology

In the latest edition of Banking Technology magazine, Commerzbank’s cybercrime specialists analyse modern threats to digital security in corporate banking – and find that the cause for concern lies not in machines, but in people. The article, ‘Computers or humans: where does the threat lie?’, shows just how secure digitalisation has made the corporate banking landscape. Financial technology now …

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Digitalisation and the risk of ‘social engineering’ – Commerzbank warns of the new cybercrime in FX-MM

In an article for specialist magazine, FX-MM, Commerzbank’s cybercrime specialists in cash services find that in the digital age, it is often the human – rather than the computer – that is targeted by criminals in payment fraud. Digitalisation has greatly benefitted the corporate transaction environment. In addition to improving efficiency, digital systems have added …

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ICC UK discusses how to empower cyber-security providers in SC Magazine

In a recent article for SC Magazine, Chris Southworth, Secretary General of the International Chamber of Commerce (ICC) United Kingdom, and Allen Dixon, International Intellectual Property & Technology Consulting, explain how cyber-security providers can cooperate to help facilitate and encourage standardisation of certifications and practices – and even exercise their power at a global level …

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EMEA Finance speaks to iGTB’s Madhu K for an expert’s opinion on cybercrime

As chief information security officer at iGTB, Madhu K was a natural choice for EMEA Finance magazine’s article entitled “Getting Smart on Cyber-Crime – An Expert’s Opinion”. Exploring the growing threat of cyber-attacks, the vulnerability of banks and the seismic change created by new technologies, Madhu details the four biggest security threats – from organised …

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How can banks win the battle against cybercrime? Polaris’ Madhu K. discusses in Cash and Trade

According to recent studies, no other sector has reported more incidents of cybercrime than the financial services industry. For many financial institutions, however, investment in security technology is still perceived as yet another cost, and knowledge-sharing remains limited by concerns over customer confidence and confidentiality. In this context, Madhu K, Chief Information Security Officer at …

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