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

SEC Alleges 4 Companies Downplayed Cybersecurity Incident in Public Disclosures
SEC Alleges 4 Companies Downplayed Cybersecurity Incident in Public Disclosures
October 22, 2024  |  Cybersecurity

The Securities and Exchange Commission (SEC) has charged four current and former public companies with making misleading cyber disclosures. The agency alleged that Avaya Holdings,...

READ MORE >
Making Sense of Why SOC 2 Compliance Matters for Payments
Making Sense of Why SOC 2 Compliance Matters for Payments
October 18, 2024  |  Security & Fraud

In the payment innovation space, security, trust and compliance are three non-negotiable pillars. Their importance is growing against an operational backdrop where data extortion and...

READ MORE >
NYDFS Issues Guidance for Combatting AI-Enabled Cybersecurity Risks
NYDFS Issues Guidance for Combatting AI-Enabled Cybersecurity Risks
October 16, 2024  |  Cybersecurity

The New York State Department of Financial Services (DFS) issued new guidance to help DFS-regulated entities address and combat cybersecurity risks arising from artificial intelligence...

READ MORE >
Microsoft Projects Wave of Passkey Signups as Password Attacks Double
Microsoft Projects Wave of Passkey Signups as Password Attacks Double
October 16, 2024  |  Cybersecurity

Speaking at a recent cybersecurity conference, Microsoft’s Sangeeta Ranjit presented some disturbing statistics. “In the last year alone, we saw password attacks almost double at Microsoft —...

READ MORE >
FIDO Alliance Releases Draft Secure Credential Exchange Specifications
FIDO Alliance Releases Draft Secure Credential Exchange Specifications
October 14, 2024  |  Cybersecurity

The FIDO Alliance has released credential exchange protocols and a resource to promote the adoption of passkeys. The new secure credential exchange specifications were published...

READ MORE >
What on-Soil Requests Mean for Cross-Border Payments Compliance
What on-Soil Requests Mean for Cross-Border Payments Compliance
October 14, 2024  |  Regulation

If businesses aren’t ready for cross-border compliance, they may as well be writing regulators a blank check. And particularly as it relates to financial services,...

READ MORE >
India Central Bank Head Warns of AI ‘Opacity’ in Finance
India Central Bank Head Warns of AI ‘Opacity’ in Finance
October 14, 2024  |  artificial intelligence

The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that...

READ MORE >
This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
October 11, 2024  |  artificial intelligence

As artificial intelligence (AI) avatars transform remote collaboration and personalized shopping guides redefine eCommerce, data security and corporate espionage concerns intensify. Meanwhile, the Nobel Prize...

READ MORE >
Bank of America: Cybercrime Could Be ‘World’s Third-Largest Economy’
Bank of America: Cybercrime Could Be ‘World’s Third-Largest Economy’
October 10, 2024  |  Security & Fraud

The cost of cyberattacks is reportedly growing alongside the increases in digitization and artificial intelligence (AI). “If cybercrime damage were a state, it would be the...

READ MORE >