insider breach risk in financial services

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Financial services organisations are trusted with far more than just money; they are also responsible for keeping customers’ highly sensitive personal and financial data under lock and key. They are hyper-aware that the growing value of this data means financial organisations are prime targets for malicious cyberattacks – but this isn’t the only threat they face. In fact, not a day passes without these firms’ own insider breach risk from employees.

You might think that, when it comes to reducing overall breach risk, employees represent low-hanging fruit – surely it is easier to control the actions of a company’s own

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Western Union seeks all US deal to acquire MoneyGram

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Western Union is reported to have made an offer to acquire MoneyGram in a transaction that would bring together the two largest money-transfer service providers in the US.

Western Union seeks deal to acquire MoneyGram

Western Union has made a takeover offer for MoneyGram, according to a person familiar with the matter, who asked not to be identified because the matter isn’t public. No decision has been made and Western Union could opt to proceed without a deal.

The business has been in decline as more people use online payments. FinTech entrants have taken aim at the industry, offering strong

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Global consumer trends – Focus on payments industry

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A new global consumer trends report, Global Consumer Trends – The New Normal, has been released which documents how consumer preferences across a range of activities has changed. From Work, Play, Medicine and of course Payments, Dynata conducted 11,322 interviews looking at the changing behaviour and values of consumers across  11 countries, approximately 1,000 interviews per country.

Perhaps surprisingly, payment methods, before the pandemic, were very different across countries. Even within the EU, and between the USA and Canada, we see major differences.

Within the six countries of the EU in our study, around one in ten in both Germany

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The blockchain report 2020 – a year in review and beyond

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A new report offers a comprehensive review of the blockchain landscape, COVID-19’s impact on crypto, and what’s in store for the rest of 2020.

“Crypto not blockchain” was the dominant narrative in 2019. Not only did Bitcoin have a very good year (up over 90%), but investors continued to fund companies building crypto infrastructure. Incumbent financial institutions also looked to expand their service offerings in areas such as custody and trading.

So far in 2020, amid the COVID-19-driven market sell-off, it’s clear that Bitcoin still behaves as a risk-on asset, not a store of value (yet). But despite the broad

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