Given the central role played by application software in customer-facing and core banking services such as ATM, Deposits, Card Issuance, and Money Transfers, MAXUT offers custom penetration testing and vulnerability assessment services focused on discovering and rectifying back-end applications security flaws – either inherent or through deployments. This service is invaluable to customers who need to combat security risks associated with relatively new online and mobile applications as well as risks from custom web and legacy applications – some of which were developed in an era when security was an after-thought in software development.
Our unique ‘ethical hacking’ testing methodology combines technical ability with the creativity of our team of experienced financial applications and security professionals, to precisely test real life business scenarios that automated testing tools are incapable of. Read more
Criminals have at their disposal hundreds of possible methods of attack all geared towards stealing customers’ credentials as a prelude to committing more damaging financial frauds. Some of these attacks exploit the weakest link in any security strategy – human-computer interaction, while others exploit vulnerabilities in your infrastructure or systems owned by 3rd party organizations such as suppliers or retail merchants. Read more
As financial transactions become more digital and sophisticated, the risks associated with fraud and cybercrime continue to rise. Traditional fraud detection methods are no longer sufficient to keep up with the speed and complexity of modern threats. MAXUT’s AI-powered fraud monitoring solution leverages advanced artificial intelligence and machine learning to detect and prevent fraudulent activities in real time, helping organizations safeguard their financial transactions and digital ecosystems. Read more
Iris recognition provides one of the most accurate, convenient, and non-contact biometric identification and authentication systems with virtually no false rejects compared with other systems in practical use today. The technology offers rapid (less than 30 seconds) and once-in-a-lifetime biometric enrollment, which makes it suitable for enrolling a large number of customers with minimal operational overheads. Read more
Data privacy is fast becoming a business compliance risk that can no longer be ignored by nearly all industry sectors.
With the rise in the use of personal data by organisations in both the public and private sectors to enable processing of employees and customers transactions in e-commerce, banking and financial services, healthcare and in many data-driven businesses, it is imperative that such personal information be collected, processed and stored to protect data subjects and to ensure compliance with relevant and applicable Data Protection regulations. These regulations seek to ensure that the storage, processing, and transmission of personal data are in accordance with applicable legal requirements. Read more