Select Page
Banking security threats analysis

Banking security threats analysis

Why Banks Are Prime Targets: Financial institutions hold extremely valuable and sensitive data They offer multiple profit opportunities for cybercriminals According to IBM’s 2021 report, financial data breaches have the second-highest costs after healthcare...
Access Bank acquires National Bank of Kenya

Access Bank acquires National Bank of Kenya

This is significant news for Kenya’s banking sector. Access Bank has successfully completed its acquisition of National Bank of Kenya (NBK) from the KCB Group, making NBK a wholly owned subsidiary of Access Bank. Here are the key details: Transaction Overview:...
Australian banking security update

Australian banking security update

Macquarie’s Security Warning: Macquarie Bank, Australia’s fifth-largest lender, is labelling SMS 2FA as “outdated” and highlighting its security vulnerabilities. Head of deposits Olivia McArdle argues that these text messages provide limited...
How to prevent bank accounts from getting hacked

How to prevent bank accounts from getting hacked

Authentication and Access Security: Experts strongly emphasize the use of multifactor authentication, which requires at least two verification methods—something you know (such as a password), something you have (such as a phone for text codes), or something you are...