Remove Operations Remove Security Remove Survey Remove Technology
article thumbnail

Survey: FIs Are Spending 15 Pct More YoY On Cybersecurity

PYMNTS

Financial institutions (FIs) plan to spend 15 percent more protecting their computer networks in 2020 than they spent in 2019, according to a report based on the results of a survey conducted by Deloitte & Touche LLP and the Financial Services Information Sharing and Analysis Center.

Survey 265
article thumbnail

FAA OKs American Robotics Drones To Fly Without Human Operators

PYMNTS

The Federal Aviation Administration is letting commercial drone-maker American Robotics operate drones without on-site pilots — but with a number of caveats, according to a decision recently posted on the agency’s website. The decision is the first government approval for drone flights without on-site pilots, the Marlborough, Mass.-based

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Deep Dive: How FIs Can Keep Their Digital-First Innovations Secure

PYMNTS

Some schemes that are impractical to wage in person are simpler to perpetrate online because of a decreased security presence, the anonymity of transactions and fraudsters’ abilities to stage hundreds of attacks simultaneously. Digital fraud’s scope is hard to overstate, yet banks are deploying emerging technologies to minimize its impact.

Security 213
article thumbnail

Business Resiliency and Agility: The Need for Speed and Security

Cisco

According to McKinsey, fast organizations outperform others by a minimum of 2x on a range of outcomes, including operational resiliency, financial performance, and growth. Organizational agility is about looking for innovative ways to build resilience, protect revenue streams, streamline operations, and ensure employee engagement.

Security 162
article thumbnail

Nationwide Study: SMB Owners Lax About IoT Security Risk

PYMNTS

The Nationwide fourth annual business owner survey released at the end of last month, which surveyed 1,000 small and mid-sized business owners about their views on cybersecurity, found that an overwhelming majority – 91 percent – use connected technology. For smaller firms, the IoT has its lures and its dangers.

Study 191
article thumbnail

As The IoT Grows, Can It Overcome Security Problems?

PYMNTS

It was led by “Energize Ventures and Lux Capital, each of whom invests heavily in companies, fundamentally advancing how society implements and utilizes advances in technology,” Zededa said in a statement. IoT Security Concerns. Security Upgrades?

Security 198
article thumbnail

Technology considerations in an accounting firm merger

Abrigo

Aside from the accounting firm’s staff, technology likely represents the area where a firm has made its biggest investments over the years, so it makes sense that technology considerations should be included in discussions about possible mergers or acquisitions. Whitman, CPA, president and CEO of Whitman Business Advisors LLC.