Author: Peter Galvin

Categories : Data Security            Leave a comment           

It’s no secret that blockchain was one of the most impactful technology stories of 2016. Offering game-changing benefits over legacy systems, blockchain promises fast, immutable transactions at much lower cost for settlement, clearing and payment applications. Blockchain gained much of its notoriety as the technological backbone of Bitcoin, which enables transactions to be made and verified on a network instantaneously without a central authority. While cryptocurrencies may have become less popular, the technology behind their use continues to gain significant […]

Categories : Data Security            Leave a comment           

Today is Data Protection Day – a day established to remind us about the importance of improving our understanding of cyber threats and all things data security. This day was established 11 years ago and its purpose is more important than ever. Every organisation is, of course, well aware of the cyber security risks they currently face. The various high-profile hacks that occurred since Data Protection Day last year tell a cautionary tale – from Yahoo, in which one billion […]

Categories : Data Breach, Data Security            Leave a comment           

Most people will agree that 2016 has been a pretty eventful year one way or another. We’ll leave it to the entertainment writers to eulogise over the passing of Prince and David Bowie, and the pundits can debate the possible political ramifications of Brexit and President Trump; I’m going to take a brief look back at the year through a data security lens. As well as the political and cultural bombshells, a number of very high-profile data breaches have hit […]

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Once, commerce was driven by the exchange of goods (barter), or by money that “clinked.” Then came paper money, letters of credit, checks, central banks, credit cards, ATMs, interbank transfers and online banking. Now the payments industry is well into yet another major transition: the rise of digital payments. In fact, according to Visa’s 2016 Digital Payments Study, global consumer adoption of mobile payments has tripled in the past year; with Turkey, Denmark and Norway noted as the top three […]