Technological advancement is a transformative process. As modern technologies emerge, so do their side effects. One of the severe side effects of the digital age is the increased risk of cyberattacks. If you take a look at the present status of cybercrimes, you will be stunned to see how sharply…
“Cybercrime is a criminal offence on any information network or the Internet and a violation of law in cyberspace. …
Cybercrime is a booming trend in the information technology industry because is effortless to execute, contains little or no risk for culprits, and allows them to work when and how they wish, from any location in the globe. It typically incorporates many of the following peculiarities that appeal to cybercriminals:
…
A basic definition of cyberattack or cybercrime is “a crime whose commission contains a computer.” A more comprehensive definition would be “a crime committed utilizing an Internet-connected computer.” Cybercrime or cyberheist refers to any type of malpractice associated with interactions on the Internet, including theft of data and identity, financial…
Call-center and IVR in financial sectors
Banks and other financial institutions need call-center and IVR software to deal with various customer queries. Generally, the IVR software solves the smaller customer queries, and call-center handles complex queries. IVR stands for Interactive Voice Response. It helps financial institutions to interact with callers…
Account analysis in banking and financial technologies defines the process of analyzing the detailed economic structure of banks and financial institutions. Cybersecurity is the most critical concept that needs to be included in the banking domain to analyze and examine the financial transactions and bank statements of users. The account…
The rapid development in financial services has led to constant competition within the various financial technologies. Open banking technologies provide an opportunity to abolish these pressures rather than associating with them. Open banking systems are the technologies adopted to provide bank account ownership to the customers directly rather than the…
Open Banking Technology and PSD2: What You Need to Know as A Banking Security Expert?
Open Banking — Generating Revenue without compromising security
Open banking is a concept and technology developed by the Bank of England to encash on the dormant banking information of customers. The information-sharing empowered by the…
Security risk and risk management in robotic process automation (RPA)
Robotic process automation (RPA) is an expedient technology that plans and institutionalizes various process-oriented jobs or tasks. It is known as the main component of digital transformation initiatives. …
Role of robotic process automation in reducing the cyber-security risk
Robotic process automation (RPA) helps organizations to prevent cyber-security attacks and improves the cyber-security system by reducing the responsibility of manually performing various repetitive tasks.
The Cyber-security refers to safeguarding the computer system or network from the various types of…
