Financial Services

Synopsys | AppSec myths of the financial services industry

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In this article, Adam Brown, Managing Security Consultant at Synopsys Software Integrity Group, analyses the myths that linger in the financial services industry regarding application security and debunks each one in an effort to provide clarity and guidance. As organisations work to transform their application security (AppSec) practices, they continue to struggle to implement tools […]

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Ping Identity launches identity verification service

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Ping Identity has launched PingOne Verify, a cloud service that helps enterprises verify their customers’ identities for rapid account onboarding, authentication and fraud prevention. The new service is the latest addition to Ping Identity’s suite of cloud services for identity and access management (IAM). “Enterprises need individuals to verify their identity to prevent fraud, but

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Reserve Bank of New Zealand suffers data breach

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A third-party file sharing service used by the Reserve Bank of New Zealand – Te Pūtea Matua to share and store some sensitive information, has been illegally accessed. Governor Adrian Orr stated that the breach has been contained, but that it would take time to determine the impact. “We are actively working with domestic and

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APRA releases new cybersecurity strategy

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The Australian Prudential Regulation Authority (APRA) has released its Cyber Security Strategy for 2020 to 2024. The strategy seeks to lift cybersecurity standards further and introduce heightened accountability where companies fail to meet their legally binding requirements. Most notably, it also aims to extend APRA’s reach beyond its regulated entities to influence the broader eco-system

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