Coro Raises $100 Million
Coro raised $100 million following a Series D funding round to develop its cybersecurity platform designed for small and medium-sized businesses.
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Behavioural Biometrics in Fintech: Revolution or Experiment?
When you deal with finances, secure authentication becomes a matter of the utmost importance. Biometric recognition was a revolutionary verification method that substituted passwords in many services, increasing both efficiency and convenience. Behavioural biometrics is now emerging as an alternative or supplement to fingerprints or iris scans. Is this next-gen biometric solution here to stay, […]
Cybersecurity Essentials: Protecting Your Business with IT Management
In the constantly evolving digital landscape, the necessity for solid cybersecurity measures has never been more critical for businesses. As cyber threats change in complexity and frequency, the security of a company’s digital assets becomes a paramount concern that can dictate the continuity and integrity of its operations.
FTC Says About Increase in AI-Related Scams on Social Media
Over the last year, the Federal Trade Commission (FTC) has recorded a significant increase in the number of complaints about advertising materials that were created using artificial intelligence for fraud.
Cyber Startup Wiz Reportedly to Acquire Gem Security
According to preliminary information, cloud cybersecurity startup Wiz Inc will acquire Gem Security.
Scam Factories Use Advanced Tech to Payments Fraud
Scam factories are becoming an increasingly sensitive source of threat to the integrity of global financial networks, having caused damage to these functional spaces over the past four years, which, according to various experts, amounts to $75 billion.
Spoofing vs. Phishing: Understanding the Difference
A common misconception is that spoofing and phishing are interchangeable terms in cyber threats; however, this couldn’t be further from the truth. While both pose significant risks to our digital safety, understanding their distinct characteristics and cybercriminals’ unique tactics is crucial for effective defense. This article delves into the evolution of these cyber threats, exploring […]
Top Financial Scams in India
Financial fraud is the major type of cybercrime in India. The value of online financial frauds rose twofold last year, highlighting the lack of coordination between different local regulatory bodies on tackling cyber financial scams. Here are the most outrageous scam cases that recently occurred in India.
Innovative Technologies in Cybersecurity: A Brave Approach to Digital Defense
Have you noticed the increasing significance of cybersecurity in recent times? It’s no longer the concern of tech enthusiasts alone. With rapid advancements in technology, cyber threats have gotten sneakier and more widespread.
Google Announces Free AI Cyber Tools
Google has announced an initiative in which this technology giant intends to offer consumers artificial intelligence tools and investments for online security.
Scammers Use GenAI to Scale Phishing Attacks
Currently, in the United States, more than 25% of companies prohibit their employees from using generative artificial intelligence, but these measures, taken, among other things, for security reasons, are not an effective tool to counter cybercriminals who, using AI, force their victims to provide confidential information or pay fraudulent invoices.
Harm from Ransomware Hackers Demonstrates Growth
Last year, ransomware stole more than $1 billion in virtual space.
Numerous Paytm Bank Accounts Suspected of Money Laundering
Along with banning Paytm Payments Bank from all forms of banking services, the Reserve Bank of India (RBI) has passed information about thousands of suspicious bank accounts to the country’s financial crime-fighting agency.
Experian Launches Security Tool for Car Dealers
Experian has introduced Fraud Protect, a tool with which car sellers will be able to record and prevent criminals from interfering in the process of interacting with customers to steal money or gain access to data classified as confidential information.
How to Avoid Data Protection Fines in 2024: A GDPR-Centric Approach
In today’s digitally-driven world, particularly as we navigate through 2024, the significance of data protection is at an all-time high. With the enforcement of strict regulations like the General Data Protection Regulation (GDPR) in Europe, and similar legislations globally, businesses of all sizes are facing increased pressure to comply. Failing to do so can result in […]
BIS to Focus on Cybersecurity, CBDCs and Green Finance in 2024
The Bank for International Settlements (BIS) announced its work program for the year, which includes six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.
