Cybersecurity

Singapore Health Database Breached In Cyberattack

In what has been described as a serious breach, Singapore experienced a major cyberattack on its health database. The personal information of...

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B2B Investors Get Smart About Business Intelligence

Investors placed more than $136.5 million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and...

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CEOs Must Be Wary Of Mindless Tech Adoption, KPMG Finds

As corporates in the U.S. are feeling confident about their markets and the overall economy, forecasts for revenue growth are muted, the...

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Microsoft Launches Bounty Program For Digital Identity Services

Microsoft announced on Tuesday (July 17) a new program in which it will pay hackers between $500 and $100,000 if they can...

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Today In Data

Today In Data: Going Big, Thinking Small

The marketplace of 2018 and its many opportunities are the favored fodder for optimists in the digital age. But a fast-growing world...

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Earnings

Goldman Says It Has 1.5M Marcus Customers

Goldman Sach reported a surge in profit during the second quarter that overall exceeded Wall Street estimates, while also announcing that CEO Lloyd...

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Citi’s Manish Kohli: The Corporate Appeal Of Citi Payment Insights

The global financial services market’s modernization efforts are in full swing, and at the heart of this effort is to improve the visibility...

Fleets Steer Dangerously Close To Cyberattack Risks

Exploding interest in smart cars and autonomous vehicles isn’t just changing the way the average consumer drives. The fleet management market is...

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Canada Finance Department Assesses Cyberattack Risk

Internal analysis at Canada’s federal Department of Finance is warning of the risk of a cyberattack that could have significant effects on...

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Internet of Things

IoT Security Solutions To Hit $6B By 2023

The Internet of Things (IoT) cybersecurity solutions market is poised to hit $6 billion globally by 2023, according to a new study...

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Macy’s Data Breach Includes Online Card Data

Another retailer has been hit with a data breach. This time, Macy’s has revealed that hackers obtained names and passwords of online customers...

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Safety and Security

Monzo Warned Of Ticketmaster Breach Months Before It Was Announced

One bank says it warned Ticketmaster about a malicious software breach that leaked the personal information of tens of thousands of customers...

Partnerships / Acquisitions

AT&T Buys AlienVault To Boost SMB Cybersecurity

AT&T has announced that it plans to acquire AlienVault, a privately held company that develops commercial and open source solutions to manage...

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Digital Banking

JPMorgan Finds Online Banking Doesn’t Meet All Corporate Needs

Use of online banking portals for corporates is ubiquitous — 99 percent of executives recently surveyed by JPMorgan said they conduct business...

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Retail

Macy’s Online Customers Warned Of Data Breach

After Macy’s cyber tools detected suspicious logins on June 11, the retailer is warning customers about a data breach. The retailer said...

With strong economic growth, the overall cash usage is expected to hit $3.5 trillion by 2020 — up from $3.06 trillion in 2015.

Today In Data

Tapping Into Expanding Opportunity

While cash was once king on a global stage, digitization is marching forward, and quickly. Case in point: Australia, where cash still...

B2B Investors Back The Enterprise’s Digital Revolution

Some companies struggle to let go of paper and legacy infrastructure, but venture capitalists (VC) this week are focusing their support on...

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Maintaining Compliance In A Market Of Bank-FinTech Tie-Ups

The vast majority of traditional financial institutions (FIs) plan to increase their collaborative efforts with the FinTech world, according to a PwC...

ThetaRay Notches $30M In Funding

Cybersecurity firm ThetaRay has notched more than $30 million in a funding round, bringing its total fundraising to over $60 million. The...

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Cybersecurity Stocks Still Benefit From Equifax Scandal

Following the massive data breach at Equifax last year, the cybersecurity sector has flourished – and so have some of the investments...

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Ticketmaster Breach Highlights Supplier Cybersecurity Risks

When Ticketmaster U.K. disclosed it had suffered a data breach, the company also revealed the cause of the cybersecurity incident: a third-party...

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Ticketmaster UK Suffers User Data Breach

Ticketmaster U.K. revealed that over the weekend it identified malicious software on a customer support product hosted by Inbenta Technologies, an external...

Bank Regulation

Bank of England To Put Financial Firms Through Cyber Stress Test

Financial services companies in the U.K will have to undergo cyber stress tests to ensure they could recover if they were hit...

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RBC Investing $2M In Ben-Gurion University’s Cybersecurity Research Center

Royal Bank of Canada (RBC) and BGN Technologies, the technology transfer company of Ben-Gurion University of the Negev in Israel, announced this week...

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Amid DDoS, No Smooth Sailing For Travel Firms

Faster payments are smarter payments. Safer payments are smarter payments, too. However, though speed matters, so does safety. In a world where...

Internet of Things

Kaspersky Lab’s New Survey Found 65 Percent Of Companies Are Worried About IoT

Kaspersky Lab, the security company, announced Tuesday (June 26) a new “State of Industrial Cybersecurity 2018” survey, which found that 65 percent...

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Partnerships / Acquisitions

CashShield Raises $20M In Latest Round Of Fundraising

CashShield, an online fraud management solution for mid- to large-sized enterprises, announced Tuesday (June 26) it raised $20 million via a round of...

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Ping Identity Buys Elastic Beam, Launches New Platform For APIs

Ping Identity, an identity Defined Security company, announced news on Tuesday (June 26) of the acquisition of API cybersecurity provider Elastic Beam...

Black Hat: Cybersecurity Is More Than A Tech Problem

Cybersecurity was once seen as purely a matter of technology, but more and more, security experts are bundling issues such as personal...

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Ipsos, Shred-it Find Employees Are Often The Weak Link Of Corporate Cybersecurity

Cybersecurity is no longer an afterthought for today’s enterprise. High-profile data breaches and attacks have catapulted cybersecurity to the top of executives’...

38 Percent Of Local Governments Vulnerable To Cyberattacks

New research shows that 38 percent of public-sector entities will suffer a ransomware attack this year, up from 31 percent last year...

Cybersecurity Squashes B2B Startup Funding Competition

Alternative finance apparently won’t stop catching the attention of investors — at least, not any time soon, if this week’s B2B venture...

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Faster Payments Takes Off For Corporates, But Not Blockchain

Corporate digitization efforts are well underway, and finance departments are often prime targets for this disruption. But a company’s interest and efforts...

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CrowdStrike Raises $200M For Valuation Of More Than $3B

CrowdStrike, the cybersecurity technology company, announced on Tuesday (June 19) that it raised $200 million in a Series E round of financing...

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Warehouse Robots, AltFin And Cybersecurity Top B2B Funding

From warehouse robots to R&D analytics, the B2B startups covered in this week’s VC Investment roundup scored close to $200 million from...

Businesses Can Have Their Identities Stolen, Too, Experts Warn

Identity theft is an unfortunately reality for more consumers as data breaches continue to rock the market. Research from Auriemma Consulting Group...

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Claroty Raises $60M In A New Round Of Venture Funding

Claroty, the cybersecurity company for industrial control networks, announced on Monday (June 11) that a syndicate of investors, including industrial operators and control...

Bitcoin

Bitcoin Daily: Cybercriminals Steal $1.1B In Crypto So Far This Year, Jamie Dimon Says ‘Just Beware’ Of Bitcoin

In the first half of 2018, cyber criminals have stolen approximately $1.1 billion worth of digital currency, CNBC reported. To make these...

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Is Mobile Device First The Best Defense Against Online Fraudsters?

Consumers want a seamless transaction. Banks and enterprises want to know the person trying to transact is legit. The digital realm is...

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SEC’s Clayton To Advocate For Better Cybersecurity

The chairman of the U.S. Securities and Exchange Commission (SEC) is calling for more money from Congress to protect itself against “advanced”...

Mastercard

Mastercard Announces The Launch Of AI Express

To help companies that want to jump into the artificial intelligence (AI) revolution — but are perhaps unsure where to actually start...

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AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet

Following a series of sophisticated cyberattacks, such as WannaCry and NotPetya, AIG received a surge of cyber claims in 2017: The insurer...

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News

Five At Five: SoftBank’s Big Investment In Self-Driving Cars

Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today brings news about a...

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Mastercard Taps Security Expert To Head Up Cybersecurity Solutions

Mastercard announced today that Simon Hunt, a cybersecurity expert, has joined the company as executive vice president to head the cybersecurity solutions unit....

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Fraud Attack

Mexican Banking Exec Still Worried About Cyberattacks

The immediate danger has passed – but the threat is still there. That was the message on Wednesday (May 30) from Alejandro...

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Fraudsters Go Omnichannel

As commerce goes increasingly digital, the bad guys are going omnichannel. More and more, according to Luke Reynolds, CPO at Featurespace, fraudsters...

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Safety and Security

Verint Systems Invests In Military-Grade Cybersecurity Firm NSO Group

U.S. software company Verint Systems, Inc. is looking to buy NSO Group, an Israeli company that sells military-grade technology, for around $1...

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