In May 2018, the Federal Bureau of Investigations released its 2017 Internet Crime Report from its Internet Crime Complaint Center, or IC3. According to the report, in the last year, $1.42 billion in total losses was reported, all attributable to Internet crime. The crime reporting the biggest monetary loss was related to Business Email Compromise/Email Account Compromise (BEC/EAC).
01 Aug 2018
What does rooting or jailbreaking a mobile device mean? Both verbs refer to the same action of removing the limitations that mobile device manufacturers impose to limit user access to the devices’ resources, thus becoming some sort of superuser. Root however is used when the action is performed on android devices, and jailbreak on iOS devices.
13 Jun 2018
05 Jun 2018
Moviegoers can remember a time when they’d watch a sci-fi, spy or crime picture in the theaters, complete with a scene that shows a main character gaining access to a top-secret area with finger print identification. We’re looking at you, Ocean’s Eleven.
01 Jun 2018
This post in 10 seconds
In this post we will address software dependency management: the security problems it implies, how to automate its management, receiving new vulnerabilities alerts in real time and how to implement a productive and satisfactory system using new Open Source tools as Deeptracy and Patton.
28 May 2018
Virtually everybody today has a username and password. We are required to provide them to log on to popular online services, including social media, online stores and streaming services. By default, browsers will ask you if you want to save passwords to save you the trouble of typing them again. If you are inclined to answer ‘yes’, keep reading because you’ll find this information of use.
25 May 2018
At BBVA we always say that, the more you know, the better you can make decisions. Personal data offer us very valuable opportunities to provide better services for our customers and come up with new ways to put our customers at the center of our business. That is why protecting this data is a critical matter that concerns us all, as customers, and, especially, as employees of a digital company like ours. In order to better protect people, starting on the 25 th of May 2018, the new European Data Protection Regulation will go into effect.
21 May 2018
16 May 2018
New modes of communication have transformed the way news is delivered. Thanks to the Internet, access to information has never been so fast. Each minute more than 3.5 million Google searches are made, Facebook is accessed 900,000 times, and 156 million emails are sent. The compulsion to be informed every minute of the day has provoked a surge in so-called “fake news.”
11 May 2018
16 Apr 2018
Malware, or malicious software, covers different programs which, when run in devices, cause different types of damage and complications such as interrupting their operations, disrupting how they work, stealing information and displaying unwanted advertising.
27 Mar 2018
12 Mar 2018
At this point, it’s not surprising that apps that are spontaneously installed on our devices use our personal data in a number of ways.
07 Mar 2018
There is no greater source of pride in the world than to see our children get ahead in life. Their achievements, their charms… It can be marvelous to share each moment of their progress with family members, friends and work colleagues. But is it a good idea to do so on social networks? Is this the right place to share this information?
02 Mar 2018
Fair-trade coffee, quality guarantee, ecological tomatoes… consumers read the labels on the things they eat. But is there any way of checking that what they say is correct? In order to do so, you would need a register of the processes to which the product has been submitted, something blockchain can do.
16 Feb 2018
16 Jan 2018
The BBVA Foundation´s Frontiers of Knowledge Award was won by four mathematicians – Shafi Goldwasser, Silvio Micali, Ronald Rivest and Adi Shamir – for their outstanding contributions to cryptology, a science that has proven crucial to ensuring security in the online world.
15 Jan 2018
BBVA announced the creation of the Information Security & Engineering Risk (IS&ER) unit, a new area within Engineering, to coordinate the group’s information security, cybersecurity and engineering risk efforts. Álvaro Garrido has been appointed head of IS&ER, reporting directly to BBVA’s Global Head of Engineering, Ricardo Moreno.
12 Jan 2018
More and more companies and consumers are turning to biometric technologies to enhance their authentication and payment methods. Compared to traditional password-based mechanisms, these solutions provide a better user experience and increased security.
05 Dec 2017
The security of online identity has never been a more pressing issue as more and more people bank, shop and run their lives through digital channels.
29 Nov 2017
27 Nov 2017
One of the biggest financial stories of 2018 will be the entry into force of the European Union’s Payment Services Directive 2 (PSD2). For customers, the measure will mean faster, simpler and more secure digital payments. And for banks and the fintech ecosystem, it presents a great opportunity.
20 Nov 2017
16 Nov 2017
Samsung and BBVA today presented the iris scanning feature, which will allow BBVA customers with Samsung-compatible smartphones to log on to the bank’s Spanish mobile banking app just by looking at their displays.
09 Nov 2017
BBVA’s Group Executive Chairman is convinced that technological advances will be accompanied by greater progress and well-being, but he is also calling for policies and structural reforms that are capable of mitigating the costs of the transition to the new digital society. Supporting research and education, promoting competition and transparency in the markets and developing new employment policies and social protection systems were among the recommendations Francisco González shared at an event organized by El Periódico de Catalunya and BBVA in Barcelona.
08 Nov 2017
07 Nov 2017
24 Oct 2017
For the banking industry, the digital revolution has brought new technologies and new types of customers and competitors. But it has also created a new set of ethical responsibilities regarding cybersecurity and the use of data. José Manuel González-Páramo, BBVA’s Executive Director, talked about those ethics, and the opportunities and challenges of digitization, during a speech at the Atrium of the Gentiles, a cultural dialogue organized by the engineering school ICADE and the Ecumenical Social Forum of Madrid. He said these ethics will require acting from a triple perspective: educational, business and regulatory
23 Oct 2017
Using Docker in the deployment of software in productive systems solves many problems related to agility and the normalization of these processes. But, like all technology that breaks with prior IT processes, it generates new challenges or requires different solutions for persisting problems. One of those is the management of secrets.
17 Oct 2017
This year’s event, which will be held in Toronto, will be attended by Alicia Pertusa, BBVA’s Head of Digital Transformation, CIB, and BBVA’s Head of Securities Services Alexis Thomson, who will share insights into the integration of blockchain in financial services and the challenges and opportunities brought on by this exponential technology.
11 Oct 2017
Futurist Jerome Glenn, CEO of Millennium Project, urges companies and governments to be proactive in the face of technological advances and outlines three different scenarios in which artificial intelligence can determine the course of society.
26 Sep 2017
The R3 consortium is working with 12 financial institutions –including BBVA– and TradeIX in an initiative that aims to re-design the trade finance infrastructure through the use of distributed ledger technology, or DLT.
18 Sep 2017
Kevin Mitnick, the top cybersecurity keynote speaker, is back for another round of Bright Perspective events this coming fall in tandem with BBVA Compass, and his first stop took him to the Magic City.
09 Aug 2017
Incorporating blockchain into the development of smart cities will make it possible to have a cross-cutting platform that connects the cities’ different services, adding greater transparency and security to all processes. In this new #BlockchainRevolution article, Stefan Junestrand explains how this technology can improve government management, support urban planning, underpin the collaborative economy and contribute to sustainability policies, in the framework of smart cities.
06 Jul 2017
There are currently 197 unicorn companies in the world, with 24 new additions so far this year. Fintech, smart building, cybersecurity, messaging… the new arrivals come from a wide range of sectors. Among the veterans, Uber is leading the way with a valuation of $68 billion.
07 Jun 2017
Many cyber attacks are aimed at robbing personal data. Perhaps you think your data doesn´t matter to anyone, but you’re mistaken. In fact, that belief often causes us to lower our guard and not make an effort to protect our personal data as we should.
24 May 2017
16 May 2017
AI is a core focus for BBVA and for many banks around the world.
11 May 2017
Teaming with world’s most famous hacker Kevin Mitnick, BBVA Compass has been traveling across its markets and sharing cybersecurity insight in a quest to put its clients at the forefront of the new digital frontier.
Have you heard of Trojans? You certainly must know the story of the Trojan horse. Just like the mythical horse that the Greeks used to enter the city of Troy without being noticed, these programs try to make their way into your computer without raising suspicions, opening a back door for a remote attacker to also enter.
29 Apr 2017
The digital revolution has changed the rules, personal relations, business, communication and the way everyone uses their time. The impact of technology is always associated with achieving greater freedom, but it has also pushed us to levels of distraction and dependence that have changed how engage with the world.
The impact is profound, but hard to measure accurately. Sociologist and economist Manuel Castells believes that people, companies and institutions feel how profound this technological change is, “but when closely examined through rigorous empirical research, the speed and scope of the transformation turns out to not be exact.”
24 Apr 2017
We tend to configure our computers, our Smartphones, our social media and even our television. Digital adjustment allows us to adapt our devices and programs to our needs. But can we also configure ourselves?
20 Apr 2017
18 Apr 2017
From medicine to finance, large-scale data processing technologies are already starting to deliver on their promise to transform contemporary societies. Far-reaching social changes don’t take place overnight. Little by little, they become part of our daily life, until their revolutionary nature dissipates. Years ago, hybrid cars started turning people’s heads. Today, electric cars are becoming less of a rarity – at least in larger cities.
17 Apr 2017
The interconnectedness of the world’s fintech communities was the focus of the Innovate Finance Global Summit in London last week. With more than 30 countries represented, and in excess of 2,000 people in attendance, the main topic of discussion was how these international fintech hubs could better work together.
12 Apr 2017
07 Apr 2017
Senior executives from BBVA got the chance to meet with some of the USA’s most innovative and forward thinking financial technology businesses this week at the first tech summit hosted by BBVA-backed venture capital firm Propel Venture Partners.
03 Apr 2017
Today we celebrate International Mobile Phone Day in commemoration of the device that has become an essential part of our lives, profoundly changing society and the way we communicate.
We live with cell phones, but… Do we really know how to coexist with cell phones? Are we aware of all the information we put in our cell phones? Are we prepared to use them without compromising our security?