Why bad bots and open banking are creating opportunities for cybercriminals [Q&A]

We all know that bad bots are, well… Bad. But open banking is supposed to be good, giving consumers more control over their finances. Combine open banking and bad bots though and you have opened up a world of new threats to banks, customers, and their data. We spoke to Alan Ryan, AVP for UK and Ireland at Imperva, about how open banking has created new opportunities for cybercriminals, and why the traditional siloed approach to security needs re-appraising. BN: Why has introducing open banking increased the number of attacks on the finance sector? AR: Since open banking was launched… [Continue Reading]