July 17, 2024
EU’s AI Legislation: Protection or Innovation Stifler?

According to the Financial Times, the European Union’s pioneering legislation, the Artificial Intelligence Act, aims to protect humans from the potential dangers of AI. However, critics argue that it is...

July 16, 2024
Recent High-Profile Cyber Breaches Highlight Need for Fault-Tolerant Security

What do Rite Aid, Disney, and Squarespace all have in common? The fact that, in just the past few days, they each reported cyber breaches resulting in the theft of...

July 16, 2024
IRS Warns Tax Pros of ‘Barrage’ of Phishing Scams

The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax...

July 16, 2024
US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes

Federal agencies are warning financial institutions about timeshare fraud schemes associated with Mexico-based transnational criminal organizations. The Financial Crimes Enforcement Network (FinCEN), jointly with the Department of Treasury’s Office of...

July 16, 2024
AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings

In February, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack. Per remarks by UnitedHealth’s executives on Tuesday’s (July 16) second-quarter earnings call, the impact of the Change Healthcare...

July 16, 2024
Procore Seeks FedRAMP Authorization for Construction Management Software

Procore Technologies is working to authorize its construction management software with the Federal Risk and Authorization Management Program (FedRAMP). The company has prepared tools, processes and methodologies to ready for...

July 16, 2024
Prove Debuts Self-Service ID Verification Platform

Prove has introduced tools to help customers integrate its identity verification technology into their operations. The company on Tuesday (July 16) announced its developer self-service platform along with an identity...

July 16, 2024
How the World Does Digital: Two-Thirds of Aussie Consumers Use...

There’s no shortage of images that come to mind when the subject is Australia. Most of them are outdoors, like the vast outback and iconic Table Mountain, any number of...

July 16, 2024
Trustly Lays Out Vision for Open Banking at Retail

Open banking at retail — at the point of checkout — has the advantage of lowering the costs below traditional credit and debit options. Christina Potter, head of eCommerce at...