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Shifting Gears: India's Government Calls for Financial Cybersecurity Change

Escalating tensions in the Kashmiri conflict between India and Pakistan illustrate a point the Indian government has been driving home for years; it is time to double-down on securing India's critical financial services.As the cornerstone of the nation's stability, the Banking, Financial Services, and Insurance (BFSI) sector was the focus of India's first Digital Threat Report 2024, and offers a ...
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Testing Banking Website Security: What You Need to Know

With 86% of UK adults using a form of online or remote banking and high street banks closing in record numbers, banking websites have become an integral part of our daily lives. They have changed how we manage our money, allowing us to send and receive money from anywhere in the world, open or close accounts at the click of a button (or tap or a screen), and avoid queuing in physical banks. They...
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The Financial Sector Is Refocusing on Cybersecurity

In 2024, transformation is reshaping industries, and the financial sector stands at a crucial juncture. The Softcat Business Tech Priorities Report, a comprehensive survey encompassing over 4,000 customers across various sectors, sheds light on this transformation. Significantly, cybersecurity has emerged as the paramount concern for financial...
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Understanding Mobile Payment Security

As the holiday shopping season kicks in, many are eager to secure early bird discounts and offers, preparing for the festive season. The convenience and speed of mobile devices has led to a growing number of individuals opting for mobile payments, whether conducted online or through contactless systems. The global mobile payment revenue is expected...
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New Canadian Cyberattack Data Says 80% of SMBs Are Vulnerable

If you were to take a look at the cybersecurity news cycle, you’d be forgiven for thinking that it’s only large enterprises with expansive customer bases and budgets that are the most vulnerable to attacks. But that’s not entirely true. Even if it’s at a much smaller scale, small- and medium-sized businesses (SMBs) still have stores of sensitive...
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Integrity: The New "I" in PCI Compliance

The retail industry saw more than its fair share of data breaches in 2017, with security incidents impacting at American supermarket chain Whole Foods Market and clothing companies Brooks Brothers, The Buckle, and Forever 21, to name a few. At least some of those events likely resulted from retailers' poor data breach preparation. Consider the fact...