UK banking group TSB is calling on social networks and dating apps to better protect their users from fake profiles, following an alarming spike in romance fraud. Examining data from December 2020 - January 2022, TSB determined that romance fraud almost doubled compared to pre-pandemic levels, with a record increase in losses of 91% - averaging £6,100 per incident.
Have you ever checked on your passwords and noticed a warning that they’ve been compromised? One compromised password can put all your credentials at risk, but how does this happen? Your passwords may be showing as compromised due to a breach, poor password practices or for other reasons. Read on to learn more about compromised passwords and how you can start better securing them.
Application security is particularly important in the banking and financial technology sector, where a single breach can put large portions of sensitive information at risk. How to manage that risk is a complex process that affects how teams secure applications across their software supply chain.
Just-in-time (JIT) access is a cybersecurity feature where users, applications, or systems are granted access to resources only when needed and for a limited time. This approach limits the risk of privileged accounts gaining unauthorized access to sensitive data. JIT access is often used in conjunction with other security measures—such as multi-factor authentication and encryption—to provide a strong, layered defense against threats.