by chung chinyi | Dec 2, 2024 | Uncategorized
In a troubling incident that highlighted the vulnerabilities within the financial sector, Tesco Bank became the latest target of a cyber breach. The hackers, revelling in their success, wasted no time boasting about their exploits on dark web forums. They claimed to...
by chung chinyi | Dec 2, 2024 | Uncategorized
In the vast realm of technology, a peculiar tradition has persisted among web developers since the inception of computers and persists to this very day. This tradition is none other than the practice of implementing authentication systems. The truth is that...
by chung chinyi | Dec 2, 2024 | Uncategorized
A significant portion of the American population, approximately two-thirds, relies on mobile or online banking as their primary means of managing their financial accounts. For those individuals, a smartphone or computer likely serves as the primary tool for accessing...
by chung chinyi | Dec 2, 2024 | Uncategorized
In today’s fast-paced digital world, online banking has transformed how we manage our finances. With just a few clicks, we can check our balances, pay bills, and transfer money—even from the comfort of our couches. However, this convenience also brings potential...
by chung chinyi | Dec 1, 2024 | Uncategorized
In recent times, the spotlight of public discourse has shone brightly on the issue of identity theft, sparking widespread concern. This heightened awareness paints a picture where the Internet, once viewed as a reliable resource for research and legitimate business...
by chung chinyi | Dec 1, 2024 | Uncategorized
In the next three months, central retail banks in Singapore will embark on a significant transformation by phasing out the use of One-Time Passwords (OTPs) for customers who access their accounts using digital tokens. This strategic shift is designed to enhance...
by chung chinyi | Dec 1, 2024 | Uncategorized
In today’s digital landscape, your personal information holds immense value. Hackers and scammers are constantly on the hunt, seeking ways to steal this data for their gain. The threat is real and can affect anyone who navigates online spaces. One of the most...
by chung chinyi | Dec 1, 2024 | Uncategorized
In this discussion, we will delve into the concept of HTTPS tunnelling and its application within mobile banking and payment systems. We will also explore some of the potential weaknesses associated with this technology and strategies to mitigate the identified...
by chung chinyi | Dec 1, 2024 | Uncategorized
Over the years, the way banks conduct their business and deliver products and services to customers has undergone a remarkable transformation. Traditionally, banking relied heavily on face-to-face interactions with tellers, drive-up windows, and various physical...
by chung chinyi | Dec 1, 2024 | Uncategorized
Once upon a time, a troubling shift began to unfold in the realm of digital finance. Cybercriminals, ever-evolving in their tactics, redirected their attention towards mobile threats. This alarming trend serves as a wake-up call for all organisations, urging them to...
