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

Deep Dive: How Banks Are Innovating AML Strategies In The Face of Global Fraud
Deep Dive: How Banks Are Innovating AML Strategies In The Face of Global Fraud
October 14, 2019  |  Digital Banking

Money laundering and similar forms of fraud have become more concerning for FIs as reports of cybercrime circulate globally. Between $800 billion and $2 trillion...

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Private Equity Firm Thoma Bravo To Acquire UK’s Sophos For $3.8B
Private Equity Firm Thoma Bravo To Acquire UK’s Sophos For $3.8B
October 14, 2019  |  Partnerships / Acquisitions

British cybersecurity software company Sophos is being acquired for $3.8 billion by U.S. private equity firm Thoma Bravo, Bloomberg reported on Monday (Oct. 14). Sophos’s...

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Goldman Sachs Puts Crowdsourcing To The ‘Shark Tank’ Test
Goldman Sachs Puts Crowdsourcing To The ‘Shark Tank’ Test
October 10, 2019  |  Innovation

Crowdsourcing is all the rage in the digital economy, and now Goldman Sachs is using that method in hopes of finding — and making big...

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How More FIs Are Playing Offense Against Digital Fraud
How More FIs Are Playing Offense Against Digital Fraud
October 03, 2019  |  Fraud Prevention

This week, Mastercard launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs. This new product is in line with recent...

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FDA Warns Of Cybersecurity Risk In Healthcare Industry
FDA Warns Of Cybersecurity Risk In Healthcare Industry
October 01, 2019  |  Security & Fraud

With “URGENT/11” possibly introducing risks for medical devices and hospital networks if exploited by a remote attacker, the U.S. Food and Drug Administration is informing...

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CrowdStrike Reports Aviation Cyberattack
CrowdStrike Reports Aviation Cyberattack
October 01, 2019  |  Security & Fraud

Crowdstrike, a cybersecurity company, recently released a report that an unidentified company in the aviation industry was significantly hacked through last year and this year,...

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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities
Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities
October 01, 2019  |  Security & Fraud

Mastercard has launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs, the company announced in a press release...

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The Cybersecurity Juggling Act Of Buyer-Supplier Connectivity
The Cybersecurity Juggling Act Of Buyer-Supplier Connectivity
September 30, 2019  |  B2B Payments

When cyberattack NotPetya quickly made its rounds, one of its hardest-hit victims — shipping conglomerate A.P. Moller-Maersk — learned firsthand the threat of a supplier...

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FBI, BBB Sound Another Business Email Compromise Alarm
FBI, BBB Sound Another Business Email Compromise Alarm
September 30, 2019  |  B2B Payments

Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in...

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