A recent study by CSI executives involved interaction with U.S. financial institutions where these institutions were asked about the banking industry – strategic priorities, budgets, planning, technology choices, current trends, raising concern areas, compliance trends and much more. During the course of the study when the executives rated their [...]
In a recently reported incident, the North Korea-linked Lazarus hackers infected the bank’s debit card payment system with malware and withdrew money from ATMs in 28 countries. Incidentally, this group of hackers has a reputation for conducting highly coordinated global raids — such as the $81 million theft at Bangladesh Bank and the 2014 attacks [...]
A recent report by Ernst & Young titled ‘Global banking outlook 2016 Transforming talent, the banker of the future’ puts across some interesting findings that hold absolute relevance. It particularly highlights the urgency for transformation and reinvention in the banking sector, particularly in this era of low growth. Interestingly, Technology [...]
