data security

Data security means protecting digital data, such as those in a database, from destructive forces and from the unwanted actions of unauthorized users, such as a cyberattack or a data breach.

Source: en.wikipedia.org

Consumers Look at Security First, Fees Second When Opening a Bank Account
Consumers Look at Security First, Fees Second When Opening a Bank Account
January 10, 2024  |  Banking

After two years of persistent inflation and economic uncertainty, consumers have adopted a range of conservative attitudes across consumer products and services. This includes seeking...

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Mine Raises $30 Million to Expand Data Privacy Offering
Mine Raises $30 Million to Expand Data Privacy Offering
December 05, 2023  |  Investments

Data privacy firm Mine has raised $30 million with the help of PayPal Ventures. The Series B funding round, co-led by Battery Ventures, will help the Israeli company scale...

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FTC to Require Non-Banking Financial Institutions to Report Data Breaches
FTC to Require Non-Banking Financial Institutions to Report Data Breaches
October 27, 2023  |  Regulation

The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. In a unanimous decision, the regulator has approved an amendment to the Safeguards...

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Western Union Sees 3% Revenue Growth in Digital Business
Western Union Sees 3% Revenue Growth in Digital Business
October 25, 2023  |  Earnings

Western Union, a provider of cross-border money movement and payment services, has focused on digital conversion to enhance its services and improve customer experiences. The...

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Mastercard Adds AI and Economics to Consulting Practice
Mastercard Adds AI and Economics to Consulting Practice
October 23, 2023  |  Mastercard

Artificial intelligence (AI) is seemingly everywhere, while the macroeconomic environment is constantly in flux. With those things in mind, Mastercard has expanded its consulting business to include...

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FTC: Cross-Border Fraud Cost Consumers $5.2 Billion 
FTC: Cross-Border Fraud Cost Consumers $5.2 Billion 
October 20, 2023  |  Fraud Attack

A new report by the Federal Trade Commission (FTC) shows the extent of the problem of cross-border fraud. Since the FTC began monitoring complaints on...

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Study: Private Medical Info Often Exposed to Data Leakage
Study: Private Medical Info Often Exposed to Data Leakage
October 17, 2023  |  Healthcare

A recent report finds that consumers’ private medical information may not be that private. “The healthcare industry has rapidly embraced digital technologies to enhance patient...

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Microsoft’s Mishap Highlights Data Security Challenges When Training AI
Microsoft’s Mishap Highlights Data Security Challenges When Training AI
September 20, 2023  |  artificial intelligence

Artificial intelligence (AI) models are some of the most data-hungry computing platforms in existence.  The technology may have the potential to transform the world, but...

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Credit Unions Counter the Growing Risk of AI Fraud
Credit Unions Counter the Growing Risk of AI Fraud
September 06, 2023  |  Digital Banking

Digital banking has become the primary way many members engage with their credit unions. These interactions are typically quicker and more convenient than traveling to...

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