The Ultimate Guide to Cybersecurity

Cybersecurity is a very intimidating topic, much like cryptocurrency and artificial intelligence. It can be hard to understand, and, frankly, it sounds kind of ominous and complicated. But fear not. We’re here to break this topic down into digestible pieces that you can rebuild into your own cybersecurity strategy. Bookmark this post to keep this handy glossary at your fingertips. Here’s a comprehensive list of general cybersecurity terms you should know.

Blockchain: Separating the fact and fiction

When it comes to the business of law and the technology that law firms rely on to operate, blockchain has until very recently been of limited relevance, with CIOs and their teams only interested at the very fringes – the majority will tell you off the bat that blockchain is massively overhyped, and to a great extent they are right. But in contrast with the fact that blockchain in 2018 officially entered the trough of …

The Future Now with Artificial Intelligence

Looking forward to 2019 as exciting as it can get for technology, in particular for the broader umbrella of Artificial Intelligence, with chips getting faster and cheaper than ever, and the remotest places and people getting connected to the internet. While anyone would be hardly oblivious to the term AI unless one is absolutely living in a den, we have been consuming the outcomes of AI through many applications and systems we use on a …

Why the culture of cybersecurity is broken–and how to fix it

The big problem in security isn’t people, process, or technology. While imperfect, the industry is filled with hardworking and talented people, security awareness and processes are improving rapidly in most organizations, and there is no shortage of good technology. The big problem is cultural, and it is at the root of all these other shortcomings.

Digital Transformation: An Opportunity for Retail Banks to Overcome Challenges in the Digital Age

The digital transformation wave has completely upended the banking business with game-changer technologies like web, mobile and most recently, Artificial Intelligence. Over 1billion transactions are conducted through mobile and internet banking with 2359 high-street branches closed in last two decades. Mobile apps are winning the race with 15000 people downloading a banking app per day.

Why digital strategies fail

The importance of B2B digitization, and its competitive implications, is easy to overlook because the digital shifts under way are less immediately obvious than those in B2C sectors and value chains. <<one year later and still fresh>>

Blockchain’s Occam problem

There is a clear sense that blockchain is a potential game-changer. However, there are also emerging doubts. A particular concern, given the amount of money and time spent, is that little of substance has been achieved. Of the many use cases, a large number are still at the idea stage, while others are in development but with no output.

Trust and Digital Identification in an Open Banking World

Identity has traditionally been verified through the physical provision of documentation that confirms a person or a business. Historically, the acquisition of goods or services required face-to-face interaction and, therefore, the presentation of verification documentation did not create a significant burden. The evolution of digital channels has resulted in increased remote availability of goods and services, but the corresponding identity verification process has largely been left behind.

How the Future of Banking Will Look Like

The current prevalence of digital banking is largely focused on the customer acquisition and customer experience domains. In the future, this will evolve to a more holistic ‘financial well-being’ focus with banks potentially becoming utility players providing an infrastructure that is unburdened from legacy architecture and processes and more dependent on digital technology.

APIs: the new attack vector

The promise of APIs in enabling innovation is unquestionable. Open banking has transformed the traditional banking ecosystem into one that benefits consumers and banks alike. APIs have also opened up a completely new line of business for fraudsters. According to Gartner, ‘By 2022, API abuses will be the most-frequent attack vector resulting in data breaches for enterprise web applications’.