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)

Unit21 Raises $45 Million to Grow Fintech Fraud DAO Consortium
Unit21 Raises $45 Million to Grow Fintech Fraud DAO Consortium
June 29, 2023  |  Security & Fraud

Unit21 has raised $45 million in a Series C round to grow the Fintech Fraud DAO consortium. The funding is being used to support a collaborative approach to...

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CFTC Forms Task Forces Focused on Technology and Environmental Fraud
CFTC Forms Task Forces Focused on Technology and Environmental Fraud
June 29, 2023  |  Security & Fraud

The Commodity Futures Trading Commission (CFTC) will be taking a closer look at cybersecurity, emerging technology and environmental fraud. Those will be among the issues addressed by...

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Fake News Has Real Business Impact in Today’s Cyberthreat Landscape
Fake News Has Real Business Impact in Today’s Cyberthreat Landscape
June 29, 2023  |  Security & Fraud

The internet, as businesses commonly knew and used it, ended in 2022. The rise of generative artificial intelligence (AI) has reshaped the information ecosystem that...

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American Hospitals Suffer Increase in Cyberattacks
American Hospitals Suffer Increase in Cyberattacks
June 25, 2023  |  Cybersecurity

Cyberattacks on American hospitals are reportedly growing in number and sophistication. The uptick in cybercrimes — as reported Friday (June 23) by Bloomberg News —...

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Report: JPMorgan Expects Cybersecurity Industry to Benefit from Generative AI
Report: JPMorgan Expects Cybersecurity Industry to Benefit from Generative AI
June 23, 2023  |  artificial intelligence

J.P. Morgan reportedly expects cybersecurity spending to remain stronger than that of other IT sectors. While interest rates and macro uncertainty are limiting the multiples...

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Reusable IDs and AI Help Merchants Beat Back the Fraudsters
Reusable IDs and AI Help Merchants Beat Back the Fraudsters
June 21, 2023  |  Security & Fraud

The fraudsters are racking up the gains, seeking, as they always do, to exploit vulnerabilities in card-not-present transactions. And now, they’re harnessing artificial intelligence (AI)...

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Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
June 20, 2023  |  Security & Fraud

Jack Henry has launched a real-time, artificial intelligence (AI)-based fraud mitigation feature. The new Payrailz Fraud Monitor, which joins the FinTech company’s Payrailz Digital Payments Platform,...

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Security Goes Seamless as Frictionless UX Modernizes B2B Authentications
Security Goes Seamless as Frictionless UX Modernizes B2B Authentications
June 08, 2023  |  Authentication

Authentication is crucial to ensuring the inner workings of today’s digital world keep moving seamlessly. That’s because authentication hiccups can hamstring an organization, resulting in...

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MOVEit Hack Damage Spreads to British Airways and BBC 
MOVEit Hack Damage Spreads to British Airways and BBC 
June 05, 2023  |  Cybersecurity

Pharmacy chain Boots, Nova Scotia’s government and at least two airlines are reportedly victims of an ongoing cyberattack. According to published reports Monday (June 5), Boots, British...

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