NEWS
Fidesmo and Visa enter a collaboration
token into a variety of wearables – bracelets , keyrings or watchstraps , to mention a few – to tap and pay on any contactless terminal that accepts Visa .
“ Visa is the world ’ s leader in digital payments – and partnering with Fidesmo is a perfect example of how we can use our global reach and know-how to bring great technology to life at a broader scale .
“ Wearables improve the shopping experience for customers , and we are proud to continue our support to developing this technique ,” said Hélène Podsadni Nilsson , Head of FinTech at Visa in the Nordics and Baltics .
The Swedish tech company , Fidesmo , enters a collaboration with one of the world ’ s largest payment networks , Visa .
The collaboration enables more banks to offer the secure and convenient wearable payment service , Fidesmo Pay . The integration between Fidesmo and Visa ’ s tokenisation platform , VTS , opens up for any bank issuing Visa payment cards to activate the payment service , Fidesmo Pay .
Activating Fidesmo Pay gives customers the opportunity to put a Visa payment card
Paying with a wearable will bring the same benefits and security as paying with a physical Visa payment card .
Wearables that can be used with Fidesmo Pay are provided by several European fashion brands .
Cybersecurity leaders in the UK and Ireland concerned their organisation is at risk of a cyberattack in 2021
Proofpoint , a leading cybersecurity and compliance company , has unveiled the findings of its survey of Chief Information Security Officers ( CISOs ) and Chief Security Officers ( CSOs ) based in the UK and Ireland , assessing their level of cyber preparedness .
The survey revealed that more than half ( 53 %) of CISOs and CSOs in the UK & I reported that their organisation suffered at least one significant cyberattack in 2020 , with 14 % experiencing multiple attacks .
This trend is not set to slow down , with almost two-thirds ( 64 %) expressing concern that their organisation is at risk of an attack in 2021 . Those in larger organisations feel at greater threat , with this figure jumping to 89 % among CSOs and CISOs from organisations over 2,500 employees and 83 % from those with 5,000 employees or more .
Perhaps more worryingly , over a quarter ( 28 %) of respondents believe an attack in 2021 is unlikely a cause for concern .
“ It ’ s encouraging that the majority of IT leaders are showing awareness of the risks and challenges they face ,” said Andrew Rose , Resident CISO ( EMEA ) at Proofpoint . “ A people-centric strategy is a must for organisations , and that starts with identifying the most vulnerable users and ensuring they are equipped with the knowledge and the tools to defend themselves and the business .”
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