Opinions & Analysis

Fingerprint Biometric Technology – The Key To Getting To ‘Know Your Customer’.

By David Orme, Senior Vice President at IDEX Biometrics With cybercriminals becoming ever-more sophisticated, and identity fraud reaching epidemic levels in the UK, the need for strict customer identification procedures has never been greater for banks and financial institutions. Know Your Customer, or KYC as it is commonly known, is a mandatory framework currently in place to protect financial institutions from fraudulent activities, such as identity fraud and money laundering. KYC, reinforced by the fourth...

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Cybercrime & The Bottom Line: 5 Reasons Why SMEs Can’t Ignore Cyber Security.

The digital world offers many opportunities for business growth however it exposes organisations to new cyber risks. Weak cyber security can leave organisations exposed and the revenue repercussions can be severe. Joe Collinwood, CEO at CySure identifies the risks and how to mitigate them. The benefits of operating in the digital world presents many opportunities to small and medium enterprises (SMEs) however it opens organisations to a host of cyber risks. Although cybercrime is the...

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Understanding Modern Cybersecurity Anatomy.

By Dr Darren Williams, CEO and Founder Of Cyber-Security Firm, BlackFog Antivirus software was born over 30 years ago when computers were still relatively new. At that time, antivirus software was king as it defended against one of the only existing threats – viruses. However, 30 years on much has changed – and in the world of technological advancements, three decades might as well be a lifetime. The threat landscape we see today is vastly...

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How A Risk-Based Approach To Cybersecurity Can Save Time & Money.

Written by Jake Olcott, VP Government Affairs, BitSight If you’ve glanced at the opinion columns of security industry publications, you’ve probably seen the term “risk-based” floating around, as in “the time is now for a comprehensive, risk-based approach” or “a risk-based approach to security is key to business alignment." However, many of these articles fail to define what exactly a risk-based approach to cybersecurity is. And that’s a problem — without a solid understanding of...

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GDPR – What Went Wrong?

By Spencer Young, RVP EMEA, Imperva A year ago, it seemed as if you couldn’t open a newspaper or business magazine without encountering the dread letters GDPR. So you’d expect businesses to have heeded the warnings, and implemented the systems and technologies they needed to avoid the swingeing fines applicable under the new regulations. Not a bit of it. In fact, in the first six weeks following the imposition of GDPR, data breaches rose by...

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Cyber Risk Management – Bringing Security Intelligence To The Board.

Written by Josh Lefkowitz, CEO of Flashpoint Data breaches are costly. According to a recent Ponemon Institute study, the average breach costs an organisation $3.86 million. A separate study found that, although the share price of breach-affected companies shows its sharpest drop 14 days after the breach is made public, there is still a discernible impact on the organisation’s stock valuation three years post-event. Business impacts at this level affect the fundamental financial performance and...

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Cybersecurity Is A Market For Lemons.

Written by Bernard Parsons, founder and CEO of Becrypt I recently attended CYBERUK which is the UK government's flagship cybersecurity event hosted by the National Cyber Security Centre (NCSC). The event features world-class speakers, and opportunities for interaction between the public and private sectors. It was a fascinating couple of days, partly as Becrypt is working with government on projects featured at the event, but it was also a great opportunity for the Cyber Growth...

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Planning For Business Growth? 3 Reasons To Get Cyber Savvy.

Cyber-attacks are surging and small and medium sized enterprises are easy prey for hackers. Joe Collinwood, CEO at CySure outlines why being cyber aware is a business necessity for all organisations Small businesses in the UK are the target of an estimated 65,000 attempted cyber-attacks every day, according to new figures from specialist global insurer Hiscox. According to the insurer, cyber security incidents cost the average small business £25,700 in direct costs such as ransoms...

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Securing Crypto Assets On The Blockchain.

By Andre Stoorvogel, Director of Product Marketing, Rambus Payments The rapid expansion of the cryptocurrency ecosystem demonstrates the power of the blockchain to revolutionize financial services and beyond. Yet at the same time, the inherent volatility provides a cautionary tale. With blockchain implementations gaining traction, it is clear that a new approach is required to enhance the security and usability of crypto and digital assets. But how can this be achieved? A token gesture or...

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The Value Of Cyber Security Awareness.

By Vinaya Sheshadri, Principal Security Consultant for RiverSafe For businesses, a cyber-attack is not a matter of “if” but “when”. Every business is at risk of a cyber-attack. In 2018 alone, cyber-attacks on organisations cost the UK economy 10’s of billions of pounds, with 7 out of 10 companies falling victim to a cyber-attack or breach. According to the 2017 Data Breach Investigations Report, more than 90% of cyber-attacks were traced back to human error....

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