Remove Mitigation Remove Risk Mitigation Remove Technology Risk
article thumbnail

MAS Warns Financial Institutions of Quantum Computing Cyber Threats

Fintech News

In response, the National Institute of Standards and Technology (NIST) has initiated a global effort to standardise post-quantum cryptography (PQC), which includes identifying quantum-resistant cryptographic algorithms compatible with existing communication protocols to safeguard against CRQC threats.

article thumbnail

Real-time P2P seems risky, but the security is solid

Payments Source

There are lots of layers technology risk-mitigation features, and in addition, network level mitigation is provided as well, writes Robb Gaynor, chief product officer at Malauzai.

Insiders

Sign Up for our Newsletter

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

article thumbnail

As AI Grows, So Do Its Challenges: Industry Reveals Technology’s Biggest Hurdles

The Fintech Times

Operational risks would also arise from AIs extensive data needs, leading to scalability and interoperability challenges, while centralisation risks can create single points of failure, weakening system resilience.

AI 97
article thumbnail

Mastercard Launches Cyber Resilience Center in Saudi Arabia

Fintech Finance

Risk Assessments & Readiness: Enhancing preparedness through cyber defense exercises, scenario planning, and threat-casting workshops to anticipate and mitigate evolving risks. Mastercard has invested $10.7 “At Riyad Bank, safeguarding customer trust is central to everything we do.

Visa 88