For last several years if not for a decade we have been hearing so much about the development in the field of technology where its claimed that it is going to revolutionize the manner we do business, transaction and provide services. The key sectoral innovations are across the various Banking business: Credit, deposit, and capital raising services … More Implications of fintech developments for Banks
Recently the cybersecurity chief of India Dr. Gulshan Rai made comments about his approach to manage the cybersecurity risk related to his financial transactions online, which involves keeping his primary bank account in an offline mode and use another separate account for small expenses for online purposes. Few of cybersecurity experts have found this approach … More Cybersecurity chief and netbanking
I feel that cybersecurity has lots to learn from the medicinal history, we would find that in 19th centuries doctors/physicians around Europe and the United States struggled to get their head around the evolving diseases which were creating havoc to the society though the situation today is not so bloody in cybersphere the challenge has … More Security and Medicinal History
I am sharing wonderful tweeter thread explaining the big bang security vulnerability at the start of year 2018. This is from cybersecurity reporter from New York times – @nicoleperlroth , he has explained the vulnerability and exposure in plain simple language for public in general. Apparently I don’t know how to thread, so here goes my … More Meltdown and Spectre
Though we have seen that in last 40 years or so Internet has brought us email, world wide web, dot-com, social media, the mobile web, cloud computing, and the early age of Internet of things. However there is a serious business challenge which we have not been able to resolve quite effectively is the identity … More Trust protocol and Block chain
Many large organisations have been trying to introduce new way of doing things to be aligned to changing world or which many call the Fourth industrial revolution. Most of these companies want to be prepared and not late in the race, which unfortunately has already begun few years ago. Technology companies are replacing the the … More Lets implement new ways of doing stuff.
We are overwhelmed by media blaring news of cyber security events and in this noise, we tend to form an opinion that may be Cyber security risk is the most impact risk event for businesses to manage. However, it’s interesting to note that traditional fraud embezzlement (internal fraud) events are still happening with significant consequences. … More ABB Korean Fraud