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)

Cyber Insurers Escape Impact of CrowdStrike Outage
Cyber Insurers Escape Impact of CrowdStrike Outage
August 13, 2024  |  Insurance

Last month’s worldwide tech outage disrupted organizations from airlines to banks to hospitals. However, one sector that seems to have escaped the impact of the...

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Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention
Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention
August 13, 2024  |  Security & Fraud

Every now and then, an executive in the payments business comes up with a catchphrase that captures a complex concept, and you know it’s going...

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Block to Pay Cash App Users Up to $2,500 in Data Breach Settlement
Block to Pay Cash App Users Up to $2,500 in Data Breach Settlement
August 11, 2024  |  Cybersecurity

Cash App users may be eligible for part of a multimillion-dollar settlement from the company. The payments platform and its parent Block agreed earlier this...

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AI Sector Takes Aim at California Safety Bill
AI Sector Takes Aim at California Safety Bill
August 08, 2024  |  Artificial Intelligence

A bill in California would require artificial intelligence companies to conduct tests to prevent “catastrophic harm.” However, AI firms are trying to curtail the legislation,...

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Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
August 08, 2024  |  Cybersecurity

Banks and their IT providers will soon face tougher scrutiny in the European Union (EU). That’s because of the Digital Operational Resilience Act (DORA), which...

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Scammers Target Olympic Venue With Ransomware Attack
Scammers Target Olympic Venue With Ransomware Attack
August 06, 2024  |  Security & Fraud

French police are reportedly investigating a ransomware attack at a Paris Olympic venue. The attack, the subject of a Tuesday (Aug. 6) report by Reuters, is the...

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IBM Debuts AI-Powered Threat Detection Tools
IBM Debuts AI-Powered Threat Detection Tools
August 05, 2024  |  Security & Fraud

IBM has added generative artificial intelligence (AI) capabilities to its managed threat detection and response services. Built on the company’s watsonx data and AI platform,...

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Cyberattack on World’s Largest Silver Producer Shows Data Is the New Gold
Cyberattack on World’s Largest Silver Producer Shows Data Is the New Gold
August 01, 2024  |  Cybersecurity

Effective cybersecurity programs are critical for today’s traditional industries, where IT spending is low and historically deprioritized relative to other initiatives. As these industries undergo...

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8 in 10 Large Merchants Have Faced Cyber Attacks in Past Year
8 in 10 Large Merchants Have Faced Cyber Attacks in Past Year
August 01, 2024  |  Cybersecurity

Merchants in the United States, particularly those handling international transactions, are grappling with increasing cybersecurity challenges. With 82% of large merchants reporting data and cyber...

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