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Does your bank need cyber insurance?

Independent Banker

Cyber insurance today is what property insurance was 50 years ago,” notes Gregory Montana, chief risk officer at FIS. Steps such as multi-factor authentication have proven to be highly effective and are viewed as minimum security features for banks seeking cyber insurance. Regulators paying closer attention to cyber risks.

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Bitcoin Daily: FINMA Grants Licenses To Two New Blockchain Firms; ShortHop Crypto Exchange Launches In Seven New States

PYMNTS

The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. states: Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona and Montana. The exchange is already live in California, Washington and Illinois. “You

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

Figure Pay, he said, debuts in January in Missoula, Montana, and then will see a broader rollout through the quarter. He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending.

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Highlights of IBM Think 2019

Alex Jimenez

There were opportunities to hear from celebrities like Joe Montana, Tony Hawk, and Rodney Mullen. Like AI, IBM had an announcement about their new hybrid cloud offering “to help businesses migrate, integrate and manage applications and workloads seamlessly and with security across any public or private cloud and on-premises IT environment.”

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Botnets For Breakfast, Election Hacks For Snacks

PYMNTS

The level of security on U.S. Attendees at the annual hacking conference DefCon were able to crack into two dozen machines, representing five different voting machine models, using just basic computer security and reverse-engineering skills. Conspiracy theorists who think someone tampered with the 2016 U.S. Why Was It So Easy?

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