Cybersecurity

Alt Lending, Cybersecurity, Logistics Lead In $205 Million Week For B2B Funding

Alternative finance, cybersecurity and logistics providers landed the majority of the more than $205 million in funding placed for B2B startups in...

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Facebook

Facebook Says Login Data Can Be Hijacked

Facebook has more data issues to worry about this week. This time it’s a security research report that shows the site’s user...

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Radar Earns Its Stripes Among Enterprise Orgs

Stripe’s first Radar product prevented $4 billion in attempted fraud throughout 2017. Today, April 18, the tech platform for internet businesses is...

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Fraud Attack

US And UK Blame Russia For NotPetya Virus

The United States and Britain have accused Russia of releasing a cyberattack that impacted computers around the world and could be used...

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HP Fights Cyber-Risk Linked To Billions Of Enterprise Devices

HP is deploying a Device-as-a-Service (DaaS) offering to enhance corporate customers’ risk management and IT security, the company said Tuesday (April 10)....

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Less Than Half Of Companies Detected Threats In the First Hour

A new survey shows that less than half of all organizations are able to detect a major cybersecurity incident within one hour,...

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Bank Regulation

Bank Of England To Issue More Cybersecurity Guidelines For UK Banks

A Bank of England official warned on Monday (April 9) that the U.K.’s financial system is under cyberattack almost constantly, prompting regulators to soon...

Government Orgs Are 30 Percent Of Data Theft Victims

High-profile and damaging payment data hacks in the U.S. are leading employers to limit their workers’ access to sensitive data, according to...

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When Cyberattacks Hit, Corporates’ Tech Investments Only Go So Far

The high-profile data breach that hit Saks and Lord & Taylor was already eclipsed just days later when news of possible similar...

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B2B Startups Integrate Artificial Intelligence To Impress Investors

On the surface, investors were quite varied this week when it came to backing B2B startups. With more than $95 million in...

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Legal

Massachusetts Can Proceed With Lawsuit Against Equifax

A judge has ruled that the state of Massachusetts can move forward with its lawsuit against Equifax. According to Reuters, the suit...

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Amazon

Amazon Launches Secrets Manager For Passwords

Amazon Web Services (AWS) has announced the launch of Secrets Manager, which will be used to safely store important company information, including...

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Bitcoin

Bitcoin Daily: IBM Develops ‘Permissioned’ Blockchain Networks, Hackers Put Mining Scripts In Ads

Bitcoin fell below the $7,000 level on Wednesday (April 4) – along with the market value of the world’s cryptocurrencies, CNBC reported....

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Beyond Panera’s Loaves And Phishes, Beware The Scammers In Your Inbox

Panera and Saks grab the headlines. But amid data leaks the lures for the bad guys go far beyond the credit card...

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Blockchain As Both A Preventer And Perpetrator Of Fraud

Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of blockchain experimentation...

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Employee Phishing Likely To Blame For Saks, Lord & Taylor Breach

Experts say an employee phishing scam is likely to blame for the data breach affecting millions of Saks Fifth Avenue and Lord...

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Millions Of Saks, Lord & Taylor Store Cards May Have Been Breached

Retailer Hudson’s Bay has disclosed that customers at Saks and Lord & Taylor stores in North America have had their payment cards...

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Safety and Security

Philippine Central Bank Issues Alert After Cyberattack On Malaysian Bank

The Philippine central bank is warning local financial institutions to be on the lookout for cyberattacks after the Malaysian central bank was...

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Bugcrowd: Amid Dark Art of Hacking, A Crowd Of White Hats

Many firms do not have the resources to continually fend off hackers – at least not successfully. The crowdsourcing model may offer...

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US B2B Startups Dominate $337 Million Worth Of Funding

Combined, more than $337 million in funding will fuel growth for an array of B2B startups that revealed their latest funding rounds...

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Today In Data

Staying Healthy And Secure — Physically And Digitally

2017 was a banner year for bad news. Cybersecurity was less than healthy, and hackers escalated their cyberattack efforts — which means it...

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Baltimore And Atlanta Get Hacked

Marking the second cyberattack on a large U.S. municipality in one week, hackers managed to break into Baltimore’s dispatch system that supports...

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How Fake News Drives Corporates To Redirect Their Security Strategies

Researchers estimate U.S. eCommerce companies lost $6.7 billion due to fraud in 2016, and a significant portion of that stems from chargeback...

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Feds Charge Nine Iranians In Hacking Case

In one of the Department of Justice’s (DOJ) largest state-sponsored cyberattack cases, federal prosecutors have unsealed criminal charges involving nine Iranians who...

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Blockchain And Banking Grab $226 Million In Investments

B2B startups haven’t seen an investment week this busy in some time. Funders had a range of startup targets in mind, but...

Mastercard Talks Securing Innovation, And Innovating Security

In financial services today, security and innovation can work with each other, and against each other. FinServ cybersecurity is, of course, a...

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Orbitz Hit By Data Breach Exposing Customer Info

Orbitz, a subsidiary of online travel agency Expedia, has announced that it was hit with a data breach in 2016. The company...

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B2B FinTechs Get Creative With Enterprise Data

This week’s B2B FinTech venture capital roundup is all about data, and, as investors showed, there’s more than one way to offer...

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Artificial Intelligence

Washington Finally Takes AI Seriously

One of America’s top defense and foreign policy think tanks has announced the creation of a Task Force on Artificial Intelligence and...

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Mobile

Samsung Working On 3D Facial Recognition

A new report says Samsung is working on 3D technology to compete with Apple’s Face ID. According to news from 9to5mac, an article in...

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Hackers Behind Prilex POS Malware Using Stolen Data To Make Functional Cards

Kaspersky Lab, the security company, announced Thursday (March 15) that researchers have discovered the hacking group behind the Prilex point-of-sale (POS) malware...

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Banking

New ICBA Chair Reveals Biggest Threats To Banks

Timothy Zimmerman, the new chair of the Independent Community Bankers of America (ICBA) believes the biggest threats to banks right now are...

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Investments

BioCatch Announces $30M Financing Round

U.S./Israeli startup BioCatch announced it has closed a $30 million funding round led by Maverick Ventures. Founded in 2011, BioCatch uses behavioral biometrics...

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Legal

Judge Allows Much Of Yahoo Breach Suit To Go Forward

A U.S. district court in San Jose, California, ruled late last week that most of a lawsuit concerning Yahoo’s data breach, which...

Small Business Employees, ‘Frenemies’ Threaten Cybersecurity

Fraud experts warn it could be a business-shuttering mistake to assume an SMB is less susceptible to fraud than large enterprises. An...

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Bank-FinTech Collaboration Wins Over Investors

With B2B FinTech a rising star among investors, two trends in particular are surfacing from the industry. One is the ongoing focus...

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Safety and Security

Pope Calls On Hackers To Hack For Good

Computer hackers are traveling to the Vatican at the request of Pope Francis, who wants them to participate in a computer programming...

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World Economic Forum Creates Working Group To Grade FinTechs On Cybersecurity

The World Economic Forum has created an industry group tasked with upgrading the cybersecurity of financial technology companies, as partnerships between FinTechs...

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Beware Malware ‘Cocktails,’ Warns SonicWall

Malware is up – and beware the malware cocktails. SonicWall said that its 2018 Cyber Threat Report found that cyber threats are...

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NIS America Hit By Data Breach

Nippon Ichi Software announced news that its American division, NIS America, was the victim of a major data breach that exposed the...

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Bugcrowd Lands $26 Million To Crowdsource Corporate Cybersecurity

Enterprise cybersecurity company Bugcrowd announced a funding round late last week for its solution that crowdsources cybersecurity for corporations. The company announced...

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Sizzle/Fizzle

Fizzle Of The Week: Bitcoin — The Bad Neighbor

Bitcoin mining, like its real-world counterpart, uses a lot of power. Exactly how much constitutes “a lot” is a bit of a...

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Apple

Apple’s China Data Conundrum

Where there are servers, data resides. And where there’s data, value exists too — value that may prove alluring to individuals, companies,...

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Authentication

Equifax And Entersekt Team Up To Stop ID Fraud

No data is safe in the wake of the Equifax breach – at least not the static kind such as SSNs and drivers’ licenses. Equifax is...

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The Global Travel Market Has A B2B Payments Fraud Problem

Business spend on travel reached $1.15 trillion in 2016, but companies aren’t always able to see where their dollars are going. That...

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IBM Uncovers Business Email Scam Targeting Fortune 500 Firms

IBM is warning Fortune 500 companies of a widespread business email compromise (BEC) scam. The technology company’s X-Force Incident Response and Intelligence...

Boloro: The Two Basics Of Digital Identity

What’s left to say about digital identity that hasn’t already been said? That’s how Friday’s Topic TBD, with Karl Kilb, CEO of...

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