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PSD2: An Open Concept in Banking Mandating the Use of APIs

By | Date posted: April 25, 2017
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A revolution is occurring in European banking and APIs are leading the way.

Adopted in 2007, the Payment Services Directive (PSD) “provides the legal foundation for an EU single market for payments, to establish safer and more innovative payment services across the EU.” Legislated by the European Commission, the objective of the PSD “is to make cross-border payments as easy, efficient and secure as ‘national’ payments within a Member State.”

To accommodate the rapid rise of new online payment providers – third-party payment providers (TPPs) – the European Commission proposed a revision in 2013. Building on the PSD’s key principles, PSD2 was ‘born’ to make payments safer and more secure, enhance consumer protection, foster innovation and promote competition while ensuring a level playing field for all payment service providers.

In force since 2016, EU Member States must implement PSD2 by January 2018.

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(Cloud)Flare Up: What you Need to Know about Ticketbleed

By | Date posted: March 2, 2017
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As you’ve likely seen, last month, Cloudflare Engineer and crypto expert Filippo Valsorda discovered a software bug in F5 appliances. Named “Ticketbleed,” since it leaks SSL session identities like the famed Heartbleed, the vulnerability is in the transport layer security (TLS) stack of certain F5 products that allows a remote attacker to extract up to 31 bytes of uninitialized memory at a time. F5 has since issued a patch for the vulnerability, cataloged as CVE-2016-9244, but we decided to take a closer look.
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Forum Systems to Explore API Security Fundamentals in March Event Series

By | Date posted: February 28, 2017
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API Summits in London and Amsterdam to Focus on Best Practices in Mitigating API Architecture Threats

BOSTON, February 28, 2017 – Forum Systems Inc. today announced it will host an event series in March focused on examining the fundamentals of API security. At API Summits in London and Amsterdam, Forum Systems CTO Jason Macy and other leading experts will explore the theme “Mitigate Threats in Your API Architecture.” During the events, Forum Systems will showcase how its award-winning Forum Sentry API Security Gateway is helping businesses connect and achieve balance in innovation and security as the cornerstone of their overall API Security Management strategy.

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Forum Systems Wins 2017 Cybersecurity Excellence Award for Privileged Access Management

By | Date posted: February 16, 2017
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Recognized in API Security with Customer Traction, Demonstrable Results and Best-in-Class Technology

BOSTON, February 16, 2017 – Forum Systems Inc. today announced that the company has been honored as a 2017 Cybersecurity Excellence Award winner. The Forum Sentry API Security Gateway has been recognized as a leading technology in Privileged Access Management. The announcement was made in conjunction with RSA Conference 2017 taking place this week in San Francisco.
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