When it comes to combating payments fraud, it helps to have insight from one who’s been in the trenches. Stacy Arruda, a former special agent with the FBI and now executive director of the state of Florida ISAO on cybersecurity, said that part of the...
Small and medium-sized business (SMB) cybersecurity must be paramount for both the small businesses themselves and the Federal Bureau of Investigation (FBI), the latter’s Deputy Assistant Director at its Cyber Division, Howard S. Marshall, said in a speech in front of the U.S. House of Representatives...
World-wide, corporate fraud has hit an all-time high and pushed fraud numbers up with it. For the first time on record, data theft has now surpassed the stealing of physical assets. A little under 30 percent of businesses reported they had suffered information theft, loss...
Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter those so-called operational risks. According to a report in Reuters, insurers have said they can protect lenders by giving them...
April 15, 2024
In today’s digitized operating environment, a business is only as good as its cyber defenses. And with Change Healthcare reportedly facing a new ransomware attack following an earlier massive breach in February, while Roku disclosed to its customers Friday (April 12) that 591,000 accounts were impacted by two separate cyberattacks, securing their cyber perimeters and locking down […]
August 25, 2017
The cyber insurance market is expected to grow, by a lot. Researchers at PricewaterhouseCoopers predicted in 2015 that the market would hit $7.5 billion in annual premiums by the end...
April 05, 2019
When it comes to combating payments fraud, it helps to have insight from one who’s been in the trenches. Stacy Arruda, a former special agent with the FBI and now executive director of the state of Florida ISAO on cybersecurity, said that part of the problem is that when it comes to protecting credit unions — […]
January 22, 2018
World-wide, corporate fraud has hit an all-time high and pushed fraud numbers up with it. For the first time on record, data theft has now surpassed the stealing of physical...
August 31, 2017
Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter those so-called operational risks. According...
August 25, 2017
Legislation expected to be introduced in May 2018 will require U.K. clearing houses to complete regular cybersecurity reports, moving regulation closer to current EU directives around critical financial market infrastructure,...
