FinTech threat modeling follows a structural approach that focuses on attacks, attackers, software, and assets. Several threat modeling methodologies such as STRIDE, Trike, VAST, and PASTA, can be applied to protect FinTech institutions. However, PASTA is the best fit for FinTech owing to the ...
News, intelligence and resources on the global fintech industry including topics such as cybersecurity.
How AI and Machine Learning are Driving Cyber Security in FinTech? Being a subset of the financial services domain, FinTech is targeted by hostile cyber villains. Industries thus require secure mechanisms to keep their data safe and secure. Preventing data losses are critical for Fintechs....
Cyber risks are combated with safeguards that are used to protect assets and finally, assets are prone to cybersecurity threats. The represents a cyber risk life cycle. This chapter provides a comprehensive introduction to cyber risks in FinTech institutions. It provides a cyber risk taxonomy to...
FINTECH, REGTECH AND THE IMPORTANCE OF CYBERSECURITY Issues in Information SystemsCallen-Naviglia, JenniferJames, Jason
The arrival of financial technology (“FinTech”) companies can be traced to a number of regulatory changes made after The Great Depression of the 1920s. Among others, the United States Banking Act—which separated commercial banking from investment banking (and thus, limited the interest that a...
The Cyber Road Ahead inFinTech Financial institutions handle confidential data of individuals and businesses in large digital formats. While it is easy to store and analyze information digitally, it brings a set of cybersecurity challenges in terms of sharing, storing, and managing data. Some of ...
Money is just one type of loss.Don’t see security as merely controlling monetary losses. Some banks are willing to pay extra to cover losses instead of increasing the efficiency of their security systems. Being an easy target will eventually result in more incidents and more costs in covering...
effective implementation of cyber security in banking can save money and empower banks to better manage and defend their networks. By leveraging HALOCK’s experts to create agile security strategies, banks, credit unions, and fintech firms can better prioritize IT spending and reduce technology sprawl...
HackerOne solves FSI security challenges FinTech Hackers uncover malware, flawed authentication, and other vulnerabilities that scanners and traditional pentests systematically overlook. Insurance Avoid litigation, reputational damage, churn, and financial loss by avoiding data breaches that steal headlines …...