Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

Microsoft Projects Wave of Passkey Signups as Password Attacks Double
Microsoft Projects Wave of Passkey Signups as Password Attacks Double
October 16, 2024  |  Cybersecurity

Speaking at a recent cybersecurity conference, Microsoft’s Sangeeta Ranjit presented some disturbing statistics. “In the last year alone, we saw password attacks almost double at Microsoft —...

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FIDO Alliance Releases Draft Secure Credential Exchange Specifications
FIDO Alliance Releases Draft Secure Credential Exchange Specifications
October 14, 2024  |  Cybersecurity

The FIDO Alliance has released credential exchange protocols and a resource to promote the adoption of passkeys. The new secure credential exchange specifications were published...

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What on-Soil Requests Mean for Cross-Border Payments Compliance
What on-Soil Requests Mean for Cross-Border Payments Compliance
October 14, 2024  |  Regulation

If businesses aren’t ready for cross-border compliance, they may as well be writing regulators a blank check. And particularly as it relates to financial services,...

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India Central Bank Head Warns of AI ‘Opacity’ in Finance
India Central Bank Head Warns of AI ‘Opacity’ in Finance
October 14, 2024  |  artificial intelligence

The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that...

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This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
October 11, 2024  |  artificial intelligence

As artificial intelligence (AI) avatars transform remote collaboration and personalized shopping guides redefine eCommerce, data security and corporate espionage concerns intensify. Meanwhile, the Nobel Prize...

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Bank of America: Cybercrime Could Be ‘World’s Third-Largest Economy’
Bank of America: Cybercrime Could Be ‘World’s Third-Largest Economy’
October 10, 2024  |  Security & Fraud

The cost of cyberattacks is reportedly growing alongside the increases in digitization and artificial intelligence (AI). “If cybercrime damage were a state, it would be the...

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Fidelity Investments Discloses Data Breach Affecting 77,099 Customers
Fidelity Investments Discloses Data Breach Affecting 77,099 Customers
October 10, 2024  |  Security & Fraud

Fidelity Investments has disclosed a data breach that affected 77,099 customers. The breach occurred Aug. 17 and was discovered Aug. 19, the financial services company...

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Mastercard CPO Calls for ‘Rethink’ of Payments Technology With Tokenization
Mastercard CPO Calls for ‘Rethink’ of Payments Technology With Tokenization
October 10, 2024  |  Cybersecurity

Among the meteoric rise of payments innovation, tokenization’s widening adoption has been among the most notable. It’s been around for more than a decade, but...

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FTC Requiring Marriott to Certify Security Program After Data Breaches
FTC Requiring Marriott to Certify Security Program After Data Breaches
October 09, 2024  |  Security & Fraud

The Federal Trade Commission (FTC) plans to require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement a comprehensive security program. This plan is...

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