News: Brazilian Banking Expertise

Brazilian banking security expert Professor Fabian Martins will assist ICT Gozo Malta to develop its members global cyber security solution suited to the credit card market.

Professor Martins, Principal of Crosscut Consulting, is working as consultant and project manager for IT Governance, IT Compliance and Information Security subjects at Bradesco Cards. Bradesco (one of the largest banks in Brazil) has recently entered an alliance with two large banks in Brazil, Caixa Economica Federal (Brasil's largest mortgage lender and one of the largest government owned financial institutions in Latin America) and the Bank of Brazil (one of the oldest banks in the world and the largest lender in Latin America), to create a new credit card brand.  With major security breaches and weaknesses published in 2010 against the European credit cards, the creation of a new brand offers the opportunity to present new solutions to the otherwise very conservative banking industry. 

Prof. Martins and Synaptic Laboratories Limited CTO Benjamin Gittins presented papers at the 2010 IEEE Key Management Summit held in Lake Tahoe Nevada on certain problems and potential solutions. More information can be found on this website on the Secure Banking page.