Mastercard Rolls Out AI to Combat Card Fraud
Mastercard has presented a new approach to identifying compromised payment cards, which involves using a combination of generative artificial intelligence and graph technology.
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Visa Says About Effectiveness of AI in Combating Fraud
Visa said that as a result of its activities investing in artificial intelligence and other technologies, last year, through the use of advanced functional solutions to ensure financial security, it managed to block the process of making 80 million fraudulent transactions totaling $40 billion.
Global IT Outage Highlights Fragility of Digital Infrastructure
A defective cybersecurity software update stalled the work of major global airlines, delivery companies, healthcare services and banks on Friday.
Choosing the Best Secure File Transfer Solutions for Your Company
In today’s digital age, the secure transfer of files is crucial for businesses of all sizes. With the increasing threat of cyberattacks and data breaches, companies must prioritize the protection of their sensitive information. This article explores the best secure file transfer solutions for your company, focusing on key features, benefits, and considerations to help […]
The Future of Cyber Defense: Emerging Technologies and Trends
Imagine waking up to the news that a major corporation has fallen victim to a cyber attack. Sensitive customer information has been stolen, and the company’s operations are in chaos. This isn’t a plot from a movie—it’s a reality many organizations face today. As our world becomes more digital, the importance of cybersecurity grows exponentially. […]
Physical Cards Drive Passwordless Future
Adam Lowe, chief product and innovation officer at metal premium card issuer CompoSecure, whose digital security platform Arculus streamlines digital authentication processes and secures digital assets while talking to the media, said that the traditional physical card can become a hands-free conduit for seamless trading.
Honor CEO Says About Importance of Security Amid AI Development
Chief Executive Officer of Honor George Zhao, during a conversation with media representatives, said that the transformative power of artificial intelligence has no value if user data is not protected.
Security Company iVerify Raises $12 Million
Security company iVerify raised $12 million for its endpoint detection and response (EDR) solution.
Three Types of Electronic Signatures: A Guide to Selection
In this digital era, having fast, secure, and legitimate means to sign documents is more crucial than ever. To address this concern, an electronic signature generator that provides varying degrees of security and user-friendliness when signing papers might be helpful. This article discusses three types of electronic signatures: Qualified Electronic Signatures (QES), Advanced Electronic Signatures […]
Kaspersky Study Shows That 60% of Passwords Can Be Cracked in Under an Hour
A fresh cybersecurity study from the Kaspersky team revealed alarming results—only 23% of passwords are strong enough, while 45% of real-world passwords could be cracked in less than a minute.
A Guide to Strategic Upskilling for CEOs in the Digital Age
In today’s changing business environment, CEOs play a role in steering their organizations toward digital success. To navigate this landscape effectively, CEOs must continuously improve their skills and stay ahead of the game. This blog offers insights into why strategic upskilling is essential for CEOs in the digital era. The Need to Adapt In the […]
Bitget & Sumsub to Upgrade AI-Powered KYC Verification to Combat Deepfakes
Crypto exchange Bitget aims to protect its 25 million users worldwide from deepfake scams by partnering with Sumsub, a full-cycle KYC verification provider.
Visa Launches AI-Powered Fraud Detection Service in UK
Visa has launched a real-time artificial intelligence-based fraud detection service in the United Kingdom.
Central Banks Use Generative AI for Cybersecurity Praising Its Effectiveness
BIS report revealed that most of its central bank members are adopting generative AI to enhance their internal cybersecurity measures. Moreover, they see immediate results of such implementation.
Discovermarket Insurtech Launches New Services in Philippines
discovermarket starts its operations in the Philippines by partnering with Globe Telecom to launch its embedded Personal Cyber Insurance product.
Warren Buffett Warns of AI Use by Scammers
Warren Buffett, CEO of the Berkshire Hathaway holding company, compared the process of developing artificial intelligence to designing an atomic bomb.
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