The Reserve Bank of India has decided to allow all banks to use remote video-based "know your customer" authentication for onboarding new clients. But some observers say many Indian banks may prove reluctant to use video KYC because they lack the necessary technology and new customers lack smartphones.
One of biggest challenges of complying with Thailand's Personal Data Protection Act, which will go into effect in May, is managing the consent of customers, says Surachai Chatchalermpun, CISO with Krung Thai Bank, the nation's largest state bank.
"I don't think most organizations are prepared for the personal data protection and privacy bill that has been approved by the cabinet, as most people still confuse privacy and security and think that it is just an add-on to security," says Privacy Expert, Shivangi Nadkarni, CEO, Arrka Consulting.
The personal data of about 120,000 Singapore defense personnel is reportedly compromised through email phishing attacks against two security vendors, according to a statement by the Ministry of Defense.
Starting Jan. 1, State Bank of India will no longer accept magnetic stripe debit card transactions and will accept only EMV chip-based cards in compliance with an RBI mandate, which is designed to help prevent card fraud, including skimming and cloning.
Introducing Splunk's case studies of each company so that they can improve their business and gain operational and security insights from the massive machine data generated from AWS and hybrid environments.
There is a need to continuously monitor cloud infrastructure performance, usage, security, and availability....
Singapore's recent order requiring Facebook to label a blog critical of the ruling government as "false" has drawn harsh criticism. And the action calls into question how the country's new Protection from Online Falsehoods and Manipulation Act might be used to suppress free speech.
Although many governments have adopted "Cloud First" strategies with respect to their modernization efforts, are they transitioning to the cloud using "Cloud Smart" ? strategies Recent findings from the 2019 Unisys Cloud Success Barometer survey shows that 23% of government have embraced multi-cloud solutions,...
South Korean cryptocurrency exchange Upbit says hackers have stolen $49 million worth of ethereum, in what is the year's seventh major cryptocurrency heist. Much of the $158 million stolen so far this year is likely fueling the North Korean regime's appetite for luxury goods and weapons of mass destruction.
Many companies have already been hit by a ransomware attack- or will be. Technically astute hackers continue their ability to infiltrate ransomware so much, that Ransomware as a Service is now available on the darknet. In today's hyper connected world, it could be only a matter of time until 'something' happens. How...
Despite the numbing buzz around artificial intelligence (AI) and machine learning (ML), it's more than abstract ideas and hypothetical applications. AI and ML are already powering tools that can give your business decision-making processes a massive upgrade. The technology is here, it's already proving itself in the...
IT monitoring technology is moving forward rapidly, thanks in large part to machine learning and predictive analytics. If you're still getting by with a legacy IT solution, you're missing out on a lot more than a shiny object. The benefits of a New IT approach are being proven every day.
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From protecting customer experience to preserving lines of revenue, IT operations teams are faced with increasingly complex responsibilities while being required to prevent outages that could harm the organization. Splunk IT Service Intelligence (ITSI) utilizes AI powered by machine learning to deliver a predictive IT...
In 2020, security information event management (SIEM) solutions will be far more than an information platform, expanding to include compliance reporting and logs from firewalls and other devices, as well as User and Entity Behavior Analytics (UEBA) - now considered an essential capability by Gartner. On top of that,...
Your machine data has a record of all of the activity that takes place across your infrastructure. It's become the single most valuable asset in the enterprise, as the secrets to business optimization lie within the scores of microtransactions, including the ability to detect, investigate and respond to threats. And...
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