Technology and Finance Giants Join Anti-Financial Crime Group
The Centre for Finance, Innovation and Technology (CFIT) has formed a group to combat financial crimes.
cybersecurity - page 5
Singapore Considers Bill to Fight Fraud
Singapore is currently considering a bill that provides for the police to be able to order banks to temporarily prevent customers from transferring money to fraudsters.
Mastercard to Pilot Payment Passkey Service in India
India was chosen as the first country to experience the benefits of the new Mastercard Payment Passkey Service to facilitate payment authorisation and make online shopping more secure.
German Companies Face Financial Consequences of Cybercrime and Sabotage
On Wednesday, August 28, the results of a special survey were published, according to which last year in Germany, local companies faced financial losses of 267 billion euros ($298 billion) as a result of crimes committed in virtual space and other acts of sabotage.
Microsoft to Host Cybersecurity Summit in September
Microsoft announced on Friday, August 23, that it will hold a cybersecurity summit next month.
Mitek Expands Partnership With Alogent
Mitek, which specializes in carrying out activities in the area of developing fraud prevention tools, announced the expansion of its partnership with the Alogent payment processor.
Kiteworks Raises $456 Million
Kiteworks has announced that it has raised a $456 million growth equity investment.
Experian Expands Its Fraud Detection Capabilities
Experian added behavioral analytics to its fraud detection capabilities after acquiring NeuroID.
What Are The 3 Main Advantages Of Using Firewalls?
In today’s digital landscape, implementing a comprehensive cybersecurity strategy is crucial for organizations of all sizes to protect their networks and sensitive data from the ever-increasing threat of cyber attacks. Firewalls play a vital role in this strategy, serving as the first line of defense against malicious traffic and unauthorized access attempts. As a leading […]
How to Safeguard Financial Institutions From Malicious AI Use
Artificial intelligence (AI) is an extremely powerful and useful technology. However, when it gets into the wrong hands, innovative smart tools may be used for malicious purposes. There’s no other sector more attractive to cybercriminals than banking and financial services. Therefore, financial institutions of all kinds must take all the precautions to safeguard their ecosystems […]
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.
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.
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