Content by Suparna Goswami

Dr. Jassim Haji on the AI Conundrum for Cyber Defenders

Suparna Goswami  •  February 8, 2023

The complexities and lengthy processes involved in creating and deploying an artificial intelligence algorithm often act as roadblocks that keep cyber defenders from moving quickly against the attackers, says Dr. Jassim Haji, president of the International Group of Artificial Intelligence.

Leveraging AI for EDR Solutions

Suparna Goswami  •  February 7, 2023

The aim of AI in EDR solutions is to streamline the process to ensure humans are able to consume and understand the data in order to respond well, says Serge Woon, worldwide tech sales leader and co-founder at ReaQta, part of IBM. In this roundtable preview, he explains why AI is so crucial to EDR.

Check Fraud: What Hurdles Are Facing Banks?

Suparna Goswami  •  February 6, 2023

Banks are losing hundreds of millions of dollars a year to check fraud - if not more, says David Maimon, professor of criminal justice and criminology at Georgia State University. The major hurdle facing banks is that they are not able to share information with each other about fraudulent checks.

Cyber Resiliency Is a Mandate for Banks in Indonesia

Suparna Goswami  •  February 3, 2023

Banks must rethink their risk management approach in order to be more cyber resilient, says Simon Onyons, managing director, EMEA, cybersecurity with FTI Consulting. The Financial Service Authority in Indonesia recently issued new cybersecurity requirements for the banking industry in the country.

Network Security, Isolation Still Pose Zero Trust Challenges

Suparna Goswami  •  February 2, 2023

Praveen Kumar, group CISO of Zee Entertainment Enterprises, says the market has failed to provide enough solutions to isolate the network when an attack happens. While a zero trust approach helps, there are not enough tools available in the market, he adds.

The Art of Mapping Security Goals to Existing Investments

Suparna Goswami  •  January 24, 2023

How does a CISO map his goals to the security investments made by a company long before he came onboard? How can you balance the short-term and long-terms goals at a new organization? Aditya Vardhan, CISO of Jindal Power & Steel, shares his insights on ensuring a smooth transition.

Complying With Privacy Rules and Penalties of Many Countries

Suparna Goswami  •  January 18, 2023

The main problem for CISOs in complying with regulations in different countries is that a single approach often does not work, says Farly Halim, regional CISO for Asia, Middle East and Africa at Sodexo BRS. Use a single solution tuned to each country's requirements, he advises.

Profiles in Leadership: Grant Lockwood

Suparna Goswami  •  January 17, 2023

Complying with data regulations in different countries is getting trickier for most CISOs and hence it is important to consult with the legal team and create structure separation between data sets in different countries, says Grant Lockwood, CISO at Virtus Health in Australia.

New Technologies to Tackle Authorized Payment, Zelle Scams

Suparna Goswami  •  January 16, 2023

Authorized payment scams are growing, and regulators, lawmakers and banks are taking note. As some banks look at ways to reimburse customers for Zelle scams in 2023, experts expect technology vendors to focus on creating new solutions to detect scams and prevent such payments from being made.

Check Fraud, First-Party Fraud to Rise in 2023

Suparna Goswami  •  January 10, 2023

Check fraud, first-party fraud and AI-related fraud will increase on a massive scale in 2023, thanks in large part to growing insider threats and the global economic slowdown. Frank McKenna, chief fraud strategist at Point Predictive, explains how banks can prepare to tackle these types of scams.

Why Banks Find It Hard to Tackle Authorized Fraud

Suparna Goswami  •  January 5, 2023

Authorized payment scams are on the rise, and banking regulators are putting pressure on financial institutions to do more to protect customers. The biggest challenge is that the customers are driving the process, says Bradley Haacke, vice president and financial crimes director at Fifth Third Bank.

CBDC: How India Can Use Existing Security Infrastructure

Suparna Goswami  •  December 28, 2022

There are many questions about the security aspects of the Central Bank Digital Currency, or CBDC, and how it will be deployed. Dr. N. Rajendran, chief digital officer of the Multi Commodity Exchange of India, shares his views on the road ahead with CBDC.

Securing Technology Behind Central Bank Digital Currency

Suparna Goswami  •  December 22, 2022

For Central Bank Digital Currency to gain mass popularity, it is important for the Reserve Bank of India to secure it in the right manner by having a strategy of continuous monitoring, two experts say. Blockchain, for example, will make it easy to build a token-based system.

Zero Trust: How to Know What Your Crown Jewels Are

Suparna Goswami  •  December 14, 2022

To get zero trust strategy right, it is important to know what exactly to protect and decide what your crown jewels are. Three panelists discuss the various ways to do that and also offer their thoughts on whether zero trust is need for everything.

Zero Trust Continuous Authentication: Getting It Right

Suparna Goswami  •  December 6, 2022

An important aspect of zero trust is continuous adaptive authentication, in which a user is authenticated continuously throughout the session, but implementing this technology poses many practical challenges. Three experts discuss ways to overcome technical issues and user resistance to change.