PYMNTS

JANUARY 24, 2019

Increasingly, though, experts are identifying government procurement as an instrumental component of promoting cybersecurity for the public and private sectors alike. In its roundup of key takeaways, The Kosciuszko Institute’s number-one conclusion was that “cybersecurity can and must be strengthened through public procurements.”

Cybersecurity 61

Cybersecurity Governance Government Risk Mitigation 61

PYMNTS

JANUARY 29, 2019

Cybersecurity can seem an overwhelming challenge to organizations considering the pace of cyber-attackers’ evolution that seems to force cybersecurity solution providers into a perpetual game of catch-up. Less than half of IT professionals in the U.S. Less than half of IT professionals in the U.S.

Cybersecurity 59

Cybersecurity Data Breach Phishing Privacy 59

PYMNTS

FEBRUARY 20, 2019

Cybersecurity experts are urging small business (SMB) owners to not ignore the risks they face from cyberattacks. million from social media account hacks between April and September 2018, shedding light on another rising cyberthreat for SMBs. In a press release on Tuesday (Feb. In a press release on Tuesday (Feb. Education Is Key.

Cybersecurity 56

Cybersecurity Visa Data Breach Small Business 56

CB Insights

OCTOBER 18, 2018

Corporations increased the number of times they mentioned cybersecurity on earnings calls nearly three-fold since 2014, according to CB Insights data. The increase in cybersecurity talk is not surprising given the fact that last year stolen data records worldwide exceeded 2 billion for the first time.

Cybersecurity 57

Cybersecurity Data Breach Encryption Data Security 57

PYMNTS

MARCH 5, 2019

A new report by Kaspersky Lab, the Moscow-based cybersecurity and anti-virus company, has revealed that attacks on mobile devices with malware doubled from 66.4 million in 2018, according to a press release from the company. In 2018, the number of mobile users who interacted with malware went up 774,000, reaching 9,895,774.

Ransomware 55

Ransomware Cybersecurity Blocks Security 55

PYMNTS

JANUARY 8, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. The move also aims to expand Rockwell’s expertise in information technology and operational technology (IT/OT) cybersecurity services. billion in revenue in 2018.

Cybersecurity 53

Cybersecurity Automation Security Small Business 53

CB Insights

MAY 9, 2019

Banks and their venture arms are increasingly backing cybersecurity startups. Download the free report to find out 2019’s trends, opportunities, and high-momentum startups in the cybersecurity space. In 2018, firms such as J.P. GET THE 100-PAGE cyber defenders REPORT. Morgan Chase & Co., Morgan Chase & Co.,

Cybersecurity 47

Cybersecurity Participant Research Posting 47

FICO

AUGUST 15, 2018

The number of UK firms with cybersecurity insurance has risen in the past year — but less than half say their cyber insurance covers all risks. While this is substantially better than the 24 percent reported across all 11 countries surveyed, only 38 percent of UK respondents said their cybersecurity insurance covers all risks.

Cybersecurity 49

Cybersecurity Underwriting Risk On-Demand 49

Fintech News

JUNE 3, 2024

Despite its rapid growth, the APAC region remains the second smallest cyber insurance market globally, S&P Global says, a statement that aligns with findings of a Moody’s survey which revealed strong cybersecurity oversight among APAC players compared to global counterparts. trillion annually by 2025.

Ransomware 109

Ransomware APACS Cybersecurity AI 109

Fintech News

JANUARY 17, 2024

Less than two months ago, Aspire had opened its new headquarters in Singapore , aiming to enhance its role in fintech research and development (R&D) within the region. The company shared that it also had plans to double its fintech-specialised workforce in Singapore to 300 by 2025.

Cybersecurity 109

Cybersecurity Small Business International Payments B2B 109

The Fintech Times

SEPTEMBER 14, 2024

The six core strategies are: information and digital, cybersecurity, precision health, national defence and strategy, green and renewable energy, and strategic stockpile industries. Guided by the FSC and supported by the FinTech Development Fund, TFSR and TABF jointly organised the 1st FinTech Taipei to great acclaim in 2018.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

The Fintech Times

APRIL 27, 2024

“More specifically, ensuring that organisations have a process to receive and fix vulnerabilities is already a best practice recommended by many of the most widely adopted cybersecurity frameworks and standards. However, many have proven fallible to cybercriminals who are increasingly finding new ways to breach their security.

API 124

API Cybersecurity Authentication Security 124

PYMNTS

JUNE 26, 2018

Cybersecurity was once seen as purely a matter of technology, but more and more, security experts are bundling issues such as personal privacy, politics, business, ethics and risk into the package. Black Hat has conducted this survey annually since 2015, with the most recent survey being conducted in May of 2018.

Cybersecurity 50

Cybersecurity Cryptocurrency Data Breach Breach 50

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018.

Breach 49

Breach Database Cybersecurity Credit Cards 49

FICO

JULY 11, 2018

In a new survey on cybersecurity conducted by research and consultancy firm Ovum for FICO, three out of four senior IT executives at UK firms said they are better prepared for data breaches than their competitors, and 43 percent said their firm was a top performer. You can read more in our report Views from the C Suite Survey 2018.

Cybersecurity 45

Cybersecurity Data Breach Breach Assessments 45

CB Insights

FEBRUARY 13, 2020

While companies are heavily investing directly in cybersecurity technologies to prevent these attacks, they’re also increasingly purchasing cyber insurance policies to protect themselves in case of an attack. ” — Warren Buffett, 2018. Want the full expert post? Want the full expert post? Become a CB Insights customer.

Data Breach 71

Data Breach Cybersecurity Breach Risk Management 71

PYMNTS

NOVEMBER 24, 2019

Our cybersecurity team discovered and shut down malicious, unauthorized access to some information related to your T-Mobile prepaid wireless account. In August 2018, T-Mobile told customers in a blog post that a cyber-attack exposed the personal information of about 3 percent of its users. We promptly reported this to authorities.

Data Breach 81

Data Breach Breach Social Security Risk 81

PYMNTS

JUNE 26, 2018

Cybersecurity is no longer an afterthought for today’s enterprise. Spend is still going up, too, as KPMG ‘s report found a 23 percent increase in the number of professionals prioritizing cybersecurity investments this year compared to last. The tactic relies on employee ignorance, not on system weaknesses, to find success.

Cybersecurity 43

Cybersecurity Data Breach Breach Email Compromise 43

PYMNTS

NOVEMBER 9, 2018

In fact, more than one-third of consumers had their PII compromised in the last year, First Data’s 2018 Consumer Cybersecurity Study found. According to recent research, 50 percent of merchants claim to have fallen victim — up from just 19 percent one year prior. How Neiman Marcus Safeguards Purchases When Sales Surge .

AI 76

AI Authentication Account Takeovers Cybersecurity 76

PYMNTS

FEBRUARY 28, 2019

Deloitte research found 79 percent of organizations expect merger activity to grow in the coming year, up from 70 percent that said the same for 2018. According to experts, cybersecurity is becoming an increasingly difficult hurdle to clear during a merger. ” Business Partners At Risk.

Risk 65

Risk Data Breach Third Party Vendors Cybersecurity 65

PYMNTS

JANUARY 21, 2019

According to a report by The Independent and cybersecurity firm Sixgill , a hacker will access someone else’s credit card information, and then use it to create a Fortnite account and buy V-bucks, which is the game’s currency. A new report has revealed that Fortnite’s in-game currency is being used to launder money from stolen credit cards.

Money Laundering 84

Money Laundering Law Enforcement Credit Cards Scams 84

PYMNTS

JANUARY 18, 2018

In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Meanwhile, European FIs are notably less optimistic than the rest, researchers found, as they navigate a notoriously heavy-handed regulatory climate. Cybersecurity. Competitive Disruption.

Regulations 62

Regulations Innovation FinTech Cybersecurity 62

PYMNTS

AUGUST 10, 2018

The new findings gathered by Juniper Research and published in its report, “The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Leading Vendors 2018-2023,” shows that there will be a staggering increase of 175 percent in cybercrime in 2023. The research also found that the U.S.

Cybersecurity 43

Cybersecurity Breach Data Breach Research 43

The Fintech Times

FEBRUARY 5, 2024

Despite many organisations putting forward a defensive stance that they will never pay out a ransomware attack, research from Cohesity , the AI-powered data and security firm, has revealed that over 97 per cent of UK firms have paid a ransom in the last two years. The research also showed the importance of being able to respond and recover.

Ransomware 115

Ransomware Data Security Data Breach Breach 115

CB Insights

FEBRUARY 14, 2019

A total of 17 AI startups reached $1B+ valuations in 2018, up from 9 the previous year. Cybersecurity. Cybersecurity. Cybersecurity. The post The Increasingly Crowded AI Unicorn Club appeared first on CB Insights Research. The AI unicorn club is getting crowded. LIVE BRiefing: AI Trends to watch in 2019.

AI 77

AI CHIPS Cybersecurity Processors 77

PYMNTS

SEPTEMBER 24, 2018

Recently published research noted global fraud losses could top $6 billion by 2021, more than doubling the $3 billion lost worldwide in 2015. Many companies appear to be increasing their investments in cybersecurity solutions amid such a wide variety of attacks being employed by fraudsters and bad actors. An AI-Assisted Approach.

AI 78

AI Account Takeovers Data Breach Cybersecurity 78

PYMNTS

MARCH 23, 2018

FinServ cybersecurity is, of course, a prime target for innovation. Key to success in 2018 will be the adoption of a security by design approach in innovation that marries the establishment and deployment of standards with leading edge technology. 2018 is the year we can scale the adoption of biometrics in payments.

Innovation 74

Innovation Security Visa Online and Mobile Banking 74

CB Insights

DECEMBER 11, 2017

Today, CB Insights unveiled the second annual AI 100 — a list of 100 of the most promising private companies applying artificial intelligence algorithms across 25+ industries, from healthcare to cybersecurity — at the A-Ha! Cybersecurity AI. AI 100 2018. Cybersecurity. CYBERSECURITY. conference in San Francisco.

AI 78

AI Cybersecurity CRM Regulatory Compliance 78

PYMNTS

SEPTEMBER 21, 2019

As lawmakers ponder this risk, PYMNTS highlights some of the newest data points uncovered by researchers examining small business cybersecurity. 60 percent of small businesses would rather give up as much as half of their revenue than lose half of their data following a cyberattack, researchers commissioned by Logically found.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

SEPTEMBER 16, 2020

Fraudsters’ attacks on universities’ systems have become more frequent in recent years, revealing just how critical it is for universities to bolster their cybersecurity amid the push to remote learning. One 2018 study estimated that just 20 percent of U.S. Cybersecurity Class Is In Session. institutions.

Cybersecurity 56

Cybersecurity Enrollments Phishing Identity Theft 56

PYMNTS

JULY 11, 2018

The Internet of Things (IoT) cybersecurity solutions market is poised to hit $6 billion globally by 2023, according to a new study from Juniper Research. Vendors see that risk as low, while little has been done from a regulatory perspective to protect consumers,” said research author Steffen Sorrell.

Security 46

Security Cybersecurity Research Risk 46

PYMNTS

OCTOBER 15, 2018

In July, a study from Juniper Research estimated that the IoT cybersecurity solutions market will hit $6 billion globally by 2023, with spending by product and service providers and end customers rising close to 300 percent from now until 2023. billion by 2023; smart buildings, predicted to reach $49.6 billion by 2023.

Software & Service Providers 68

Software & Service Providers Cybersecurity Consulting Research 68

PYMNTS

MAY 2, 2019

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. A recent research report released by eSentire found that indeed, vendors present a significant cyber risk to organizations. million business email compromise scam.

Data Breach 55

Data Breach Third Party Vendors Breach Cybersecurity 55

PYMNTS

DECEMBER 4, 2017

McAfee Labs recently published its 2018 Threats Predictions report , and after a year of high-profile cyberattacks and data breaches, analysts say the threat won’t let up in the new year. In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts.

Small Business 54

Small Business Data Security PCI DSS Data Breach 54

PYMNTS

DECEMBER 24, 2019

In a recent series of attacks, security researchers claim they have found indications that a hacking group linked to the Chinese government has been going around two-factor authentication (2FA). In separate news, Czech cybersecurity company Avast was hacked by an outside actor suspected to have ties to China.

MSPS 52

MSPS Law Enforcement Cybersecurity Government 52

PYMNTS

APRIL 4, 2019

The latest research in small business cybersecurity has revealed the relentless nature of the threat, with new strategies emerging and new strains of ransomware rearing their ugly heads. ” Beazley researchers found that the mean for ransomware attack demands was $10,310, though one incident saw a demand for $8.5

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

CB Insights

JANUARY 31, 2018

Fintech: 2017 Year-in-Review & 2018 Trends. In the briefing we’ll highlight 2017 trends and explore what’s ahead for fintech in 2018, looking across payments, wealth management, insurance, and more.

FinTech 78

FinTech Blockchain Database Advisors 78