Anti-money laundering (AML) compliance in the mobile money industry has become increasingly important in 2023. With the rise of mobile money transactions, regulatory bodies are ramping up efforts to combat money laundering and terrorist financing. In this infographic, we explore the technology involved in AML screening, the importance of AML compliance in the industry, and best practices for financial institutions.

Digital transformation isn’t only for the good guys. Adversaries are undergoing their own digital transformation to exploit modern IT infrastructures — a trend we’re seeing play out in real time as they increasingly adapt their knowledge and tradecraft to exploit cloud environments. According to the CrowdStrike 2023 Global Threat Report, observed cloud exploitation cases grew by 95% over the previous year.

Editor’s note: This is the final part of a five-part cloud security series that covers protecting an organization’s network perimeter, endpoints, application code, sensitive data, and service and user accounts from threats. So far in this series, we’ve looked at the importance of securing an organization’s network, its application components, the endpoints that support those components, and its application data.

The cloud has revolutionized the way we do business. It has made it possible for us to store and access data from anywhere in the world, and it has also made it possible for us to scale our businesses up or down as needed. However, the cloud also brings with it new challenges. One of the biggest challenges is just keeping track of all of the data that is stored in the cloud. This can make it difficult to identify and respond to security incidents.

In the past year, we’ve shifted our infrastructure from a single Amazon Web Services (AWS) account owned by our Platform team to multiple domain-specific accounts. For each product domain and environment, we have created AWS accounts, which has allowed us to improve stability and security by reducing the blast radius. This setup also provides excellent scalability with good cost observability across the organization.

Gartner has recognized Cloudflare in the 2023 “Gartner® Magic Quadrant™ for Security Service Edge (SSE)” report for its ability to execute and completeness of vision. We are excited to share that the Cloudflare Zero Trust solution, part of our Cloudflare One platform, is one of only ten vendors recognized in the report. Of the 10 companies named to this year’s Gartner® Magic Quadrant™ report, Cloudflare is the only new vendor addition.

World-renowned analyst firm, Gartner, recently published a research piece entitled, Everything You Should Do to Address API Security, which is a compilation of all their latest research on the subject. More importantly, it maps out the key domains that you need to be aware of, and invest in, if you take your API security posture seriously. With that said, I found it quite interesting how well aligned their API security domains are to the Noname API Security portfolio.

As technology continues to advance, the potential for hacking and cyber-attacks on various devices and systems has become a major threat. This has extended to the automotive industry, with increasing numbers of car hacks being reported. With the rise in the production of electric vehicles (EVs), these attacks have escalated in frequency and severity.