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

Fraud’s Impact on Crypto Is About More Than Money
Fraud’s Impact on Crypto Is About More Than Money
February 07, 2022  |  Security & Fraud

Compared to other financial industries, the cryptocurrency market is disproportionately subject to fraud, with a net fraud rate of 7.4% last year. The most common...

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Equifax Finalizes Breach Settlement, to Start Fulfilling Claims
Equifax Finalizes Breach Settlement, to Start Fulfilling Claims
February 06, 2022  |  Security & Fraud

Equifax has reached a settlement over its data breach, according to an update put out by the Federal Trade Commission (FTC). The settlement was finalized...

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Cybersecurity Firm Cynomi Raises $3.5M
Cybersecurity Firm Cynomi Raises $3.5M
February 04, 2022  |  Investments

Cybersecurity services provider Cynomi has raised $3.5 million in seed funding, money the firm says it will use to scale research and development and expand...

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Hackers Hit Wormhole DeFi Project, Take $320M
Hackers Hit Wormhole DeFi Project, Take $320M
February 02, 2022  |  Security & Fraud

Wormhole, a communication bridge between Solana and other decentralized finance (DeFi) blockchain networks, was hacked to the tune of about $320 million in cryptocurrency, according...

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FTC Warns Social Media Users About Advertising Scams
FTC Warns Social Media Users About Advertising Scams
February 02, 2022  |  Security & Fraud

Americans reported losing about $770 million to fraud on social media last year, an 18-fold increase from 2017, the Federal Trade Commission (FTC) recently reported....

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CFOs Adapt Business Models to Real Time Metrics, Data
CFOs Adapt Business Models to Real Time Metrics, Data
February 01, 2022  |  B2B Payments

The role of the chief financial officer has changed over the last 10 years. It’s no longer just about financial statements and the generally accepted...

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Banks Help Corporates Overcome Their Blockchain Regulatory Concerns
Banks Help Corporates Overcome Their Blockchain Regulatory Concerns
February 01, 2022  |  Cryptocurrency

Blockchain technology is no longer an outlier strategy for companies managing global expansion. PYMNTS research indicates that many of the world’s largest companies use blockchain...

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CipherTrace Used ‘Honey Pot’ Tactic to Glean Off-Chain Data, Report Shows
CipherTrace Used ‘Honey Pot’ Tactic to Glean Off-Chain Data, Report Shows
January 30, 2022  |  Cybersecurity

CipherTrace, a crypto sleuthing firm, has reportedly been using “honeypots,” a term meaning decoy targets collecting intelligence on unknowing targets, a report from CoinDesk says....

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Facial Recognition Soon Required for IRS Website Users
Facial Recognition Soon Required for IRS Website Users
January 28, 2022  |  Biometrics

Starting this summer, the IRS is requiring users of its online tools to verify their identity by registering with its biometrics partner ID.me, which requires...

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