With this rampant surge of fraudulent schemes hitting the world at the moment a more dynamic and holistic approach to detection and prevention is mission-critical for banks and regulators.
In this E-book Lisa Wyver and Gerard McDonnell looked at the source of these scams, highlighted the relationship between fraud...
Hackers wielding generative artificial intelligence tools have yet to pose a serious cybersecurity risk, say researchers at Google's threat intelligence group Mandiant, as they sound the alarm instead about a rise in information operations featuring AI-generated fake images and video.
Advocate Aurora Health has agreed to pay $12.25 million to settle consolidated class action claims that the Illinois-based hospital chain invaded patient privacy by using tracking codes on its websites and patient portal, according to a preliminary settlement plan in Wisconsin federal court.
A growing number of Asia-Pacific countries are greenlighting digital-only banks to meet customer needs for access to fast, mobile-friendly services, but persistent cybersecurity threats and hackers’ growing capabilities could hurt the success of this emerging market segment.
Welcome to the webinar summarizing the survey: Critical Gaps in
Securing Identities. This survey was conducted in Q1 and 2 of 2023, and attracted more than 200
responses from senior cybersecurity professionals.
More than just survey results, this OnDemand webinar offers:
The top organizational challenges in...
U.K. authorities recently reprimanded health service provider NHS Lanarkshire after staff members shared patient data on messaging service WhatsApp. That privacy lapse demonstrates the risks of shadow IT and the legacy of COVID-19 practices, said attorney Jonathan Armstrong of Cordery Compliance.
A Georgia healthcare system is notifying over 180,000 individuals of a data compromise involving a hack first detected a year ago, in which attackers accessed and copied a range of patient information. The incident spotlights growing breach response and notification challenges some entities face.
Financial institutions globally have invested heavily in anti-financial crimes strategies and the tools used to report potential risk to regulatory authorities. But so have their adversaries. How are institutions employing emerging tech such as AI/ML to create more effective fraud defences?
David Stewart, Global...
The Philippines follows a shared cyber defense strategy, bringing together government financial institutions with other agencies under the Department of Finance for a cost-effective defense strategy. Land Bank's Archie Tolentino shared how the model works to protect the banking sector.
A nonprofit firm that administers government dental programs in Canada paid a "substantial" ransom for a decryptor key and the destruction of data stolen in a recent ransomware attack. But the company is now notifying nearly 1.5 million individuals that the hack compromised their data.
Legacy infusion pumps commonly available for purchase on the secondary market often contain wireless authentication and other sensitive data that the original medical organization owners failed to purge, warned researcher Deral Heiland, citing a recent study conducted by security firm Rapid7.
India's data protection bill, which sets a maximum fine of $30 million for privacy violations, passed both houses of Parliament this week and awaits presidential approval to become the country's first data privacy law. Final changes eased data localization requirements for most companies.
Tampa General Hospital is facing at least three proposed federal class action lawsuits filed in recent days following the nonprofit Florida healthcare provider's disclosure late last month of a data theft incident that affected 1.3 million patients and employees.
In this episode of CyberEd.io's podcast series "Cybersecurity Insights," Alisdair Faulkner of security and fraud prevention startup Darwinium discussed how the FedNow Service will add a layer of complexity to defending against real-time financial fraud scams used in faster payments transactions.
Citing several growing concerns, Sen. Mark Warner, D-Va., on Tuesday sent a letter quizzing Google CEO Sundar Pichai about how the tech giant is applying privacy, trust and ethical "guardrails" around the development and use of its generative AI product, Med-PaLM 2, in patient care settings.
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