Things worth reading: 15th March 2017
Chris Skinner
MARCH 15, 2017
The post Things worth reading: 15th March 2017 appeared first on Chris Skinner's blog.
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Chris Skinner
MARCH 15, 2017
The post Things worth reading: 15th March 2017 appeared first on Chris Skinner's blog.
William Mills
NOVEMBER 9, 2017
The 2017 Jack Henry Annual Conference (JAC) took place October 15-19 in Nashville, Tenn. To see remaining trade shows or conferences for the year, please download our 2017 Trade Show Directory. with nearly 2,000 financial industry professionals in attendance.
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The Paypers
OCTOBER 3, 2017
(The Paypers) The European Commission has declared October 2017 the European Cyber Security Month (ECSM) and this year marks the 5th year anniversary of the European Cyber Security Month campaign.
PYMNTS
JUNE 29, 2020
As of March 2017, the Justice Department said there were 10,901 registered members of the group which perpetrated $2.2 As of March 2017, the Justice Department said there were 10,901 registered members of the group which perpetrated $2.2 In April, a joint study by the U.S. and the United Kingdom.
PYMNTS
OCTOBER 13, 2020
The rebranding initiatives in a number of instances are bringing about a rise in crypto prices last observed in at the height of 2017’s bitcoin bubble. In theory, DeFi apps are meant to allow individuals to borrow, loan, get insurance or exchange amongst themselves sans middlemen.
PYMNTS
JULY 4, 2018
The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. The exchange-traded fund, which was founded in 2014, notched staggering returns of 31 percent following the Equifax data breach in 2017, twice that of the S&P 500 return during that same time period. billion last year.
PYMNTS
JUNE 21, 2017
What’s more, half of the companies surveyed experienced between one and five IT security incidents in the past 12 months. “As Preparedness among all departments in the organization — such as executive leaders, engineers, IT security teams and more — is key to protecting against cyberattacks.
Bobsguide
JANUARY 9, 2017
2016 has been a big year in cyber security. The Internet of Things (IoT) facilitated Distributed Denial of Service (DDoS) attacks on scales never seen before. The Russian ‘Fancy Bears’ hacking team leaked athlete’s medical data, and Tesco Bank suffered a very public incident when.
PYMNTS
FEBRUARY 6, 2019
Reuters , citing cybersecurity researchers, reported that the attack was part of a global hacking campaign initiated by the Ministry of State Security in China aimed at stealing intellectual property and corporate secrets. Visma made the hack public to raise awareness about the campaign.
PYMNTS
JULY 28, 2019
This is exactly why we established the Cyber Security Commission, focused on preparing for, responding to and preventing cybersecurity attacks, and we are well-positioned to assist local governments as they battle this current threat.”. A financial demand was made to restore everything back to normal.
FICO
DECEMBER 19, 2016
The good news is that businesses and consumers are also much more aware of cyber threats than they were 12 months ago, and that’s the jumping off point of my cybersecurity predictions for 2017. Consumers will care a lot more about the security of the companies they do business with.
FICO
NOVEMBER 30, 2016
Suffice it to say that in 2017, I believe that analytics, and the many domains it influences, will be a non-stop hit machine in terms of generating news headlines and ideas that fascinate us. Security/IoT: Is your video cam no longer your friend? . Enterprises: Lax cyber security? Have a poor security posture?
PYMNTS
SEPTEMBER 17, 2018
In terms of data illuminating larger trends, the National Cyber Security Alliance found that roughly 50 percent of smaller firms have been victim of a cyberattack. The real estate sector is especially at risk, the FBI noted — from 2015 to 2017, the number of real estate transaction incidents increased by more than 1,110 percent.
PYMNTS
JULY 29, 2019
Real estate increased as a target, representing 16 percent of incidents in 2018 versus nine percent in 2017. The site noted the findings of the Australian Cyber Security Centre, which found that scammers took off with as much as $700,000, and that one company lost $170,000, the largest amount lost by a single company.
Cisco
JUNE 7, 2019
While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. Banks can no longer distinguish hacker from customer, and just like that, traditional perimeter security is rendered useless. billion in 2017 to $6.4
Accenture
MARCH 20, 2017
Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. Instead, they’re behaving like knuckleball pitches that move fast, but in erratic and unpredictable directions.
Accenture
MARCH 20, 2017
Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. Instead, they’re behaving like knuckleball pitches that move fast, but in erratic and unpredictable directions.
Cisco
JUNE 7, 2019
While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. Banks can no longer distinguish hacker from customer, and just like that, traditional perimeter security is rendered useless. billion in 2017 to $6.4
FICO
DECEMBER 18, 2017
In 2017 we saw massive change in the speed, creativity and magnitude of attacks — yet the industry plodded along on important issues such as timely data breach disclosures. Taking both ends of the spectrum into account, my cybersecurity predictions for 2018 involve cyber scores, 2FA and bio hacks.
Bussman Advisory
FEBRUARY 21, 2018
Startups, primarily in the blockchain world, raised $4.6bn in various forms of token launches in 2017, a quantum leap from the $0.2 While this may not seem like much compared to the $188.8bn raised in traditional IPOs in 2017, five of the largest ICOs in history took place in October and November so there is clearly strong momentum.
PYMNTS
SEPTEMBER 24, 2018
That 4 percent benchmark would, of course, be a headline-making fine, a test case of sorts, where GDPR has been in effect since May 25 of this year and has yet to show any real traction in making an example of firms that do not adhere to rules governing data privacy and security. According to Bank Info Security , quoting U.K.-based
PYMNTS
MAY 8, 2017
As the NIST Small Business Cybersecurity Act of 2017 was debated by the U.S. The firm released its 2016 Financial Institutions Security Risks report last week, which found that even for non-U.S. financial institutions, the cost of a single security incident could top nearly $1 million. 1,165,000 can be how much it costs a U.S.-based
Jeff For Banks
FEBRUARY 4, 2023
Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack."; And make content writing easier by asking specific questions that used to take more research, such as "Describe the impact on small business from the 2017 tax cut." The tool is still new and evolving.
FICO
JANUARY 4, 2018
Here were the top 5 posts of 2017 in the Analytics & Optimization category: How to Build Credit Risk Models Using AI and Machine Learning. 4 Analytic Predictions for 2017 – From Killer Devices to AI Hype. Our first analytics post of the year contained Dr. Zoldi ’s predictions for analytics in 2017. Read the full post.
NCR
AUGUST 3, 2017
From September 2017, the iris scanning function will be available to TSB app users in the UK with a Samsung Galaxy S8 or S8+ smartphone. The bank pointed out that iris scanning is the most secure form of biometric authentication currently available. It is the first bank in Europe to provide this capability.
PYMNTS
AUGUST 23, 2017
Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. How confident do you feel in your ability to handle and mitigate the situation?
PYMNTS
NOVEMBER 6, 2017
Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). percent from Q2 2016 to Q2 2017. billion each year and that account takeovers have seen a sharp spike of 45 percent in Q2 2017. We hadn’t done that before,” Nelson said.
William Mills
DECEMBER 21, 2017
From Yahoo to Uber and everything in between, 2017 has been the year of the cyberattack. The fact is that because financial institutions hold valuable consumer data, such as credit card and social security numbers, they are simply more likely to be the target of a cybersecurity attack.
FICO
JULY 30, 2018
With few exceptions, notably the FICO Enterprise Security Score (ESS), cyber risk is not being measured in rational, effective ways. Sacha is a renowned researcher, working on empirical policy research in the areas of privacy and security. It’s destroying logic,” said Josh. Sasha Romanosky , Policy Researcher, RAND Corporation.
CB Insights
NOVEMBER 7, 2017
To better understand auto suppliers’ moves, we identified the 5 automotive suppliers most active in private markets since 2014 and used our social graph tool to analyze this cohort’s bets through 2017 to date (10/31/2017). Auto Tech Trends.
FICO
DECEMBER 21, 2018
Thus, a couple of weeks from now we’ll ring in 2019, the Year of Cyber Insecurity: 52 weeks in which companies of all sizes and industries will experience a new level of fear – and in some cases panic – in realizing their vulnerability to data breaches, hacking and other cybercrimes. That's the best way to deal with cyber insecurity.
CB Insights
APRIL 6, 2018
In 2017 , investment to connected car startups reached a new peak, surpassing $500M in annual financing. Continental acquired Argus Cyber Security (which had also received prior funding from Magna) in November, and Aptiv acquired Movimento Group in January 2017. DENSO has invested in dellfer and ActiveScaler.
FICO
DECEMBER 16, 2019
Whilst the headline figures show that fraud has increased by 37% since the last survey in 2017 (when measured as a % of overall revenue) it should be noted that the ‘global’ survey is heavily skewed toward Western Europe and North America, which made up 55.7% of respondents.
Fintech Labs Insights
MARCH 24, 2017
Credit Donkey lists StockTwits , TradeKing , SigFig , DriveWealth , and Personal Capital among its Best Investing Apps of 2017. Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. PYMNTS.com looks at speculation that Kabbage may acquire OnDeck.
FICO
AUGUST 8, 2022
Links to all of my predictions blogs since 2017 are at the end of this blog.) Follow me on LinkedIn and on Twitter @ScottZoldi , and check out my past AI predictions blogs for 2021 , 2020 , 2019 , 2018 and 2017. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence. Scott received his Ph.D.
Payments Source
JULY 22, 2019
federal and state investigations into the 2017 hack that compromised some of the most sensitive information of more than 140 million people. Equifax Inc. agreed to pay up to $700 million to resolve U.S.
PYMNTS
NOVEMBER 13, 2017
The issue specifically affects a multi-signature wallet that was issued after July 2017; any ICOs that used Ethereum after that data could be impacted. I think that in the regulated area … we ought to be looking at the implications of the growth of FinTech … I think we ought to be looking at cyber[security], obviously.”.
FICO
FEBRUARY 9, 2023
Food and Drug Administration to treat Type II diabetes in 2017, and in 2021 for chronic weight management. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks. Ozempic was first approved by the U.S. And what exactly is ChatGPT?
FICO
APRIL 12, 2017
IDC predicts that in 2017, behavioral analytics across compliance, fraud, and cyber detection and prevention will be in place at 15% of banks, helping them to avoid losses, regulatory fines and sanctions. Power at scale: Enhancing fraud, compliance and cyber security defenses . It’s the same situation with cybersecurity.
Fintech Labs Insights
MARCH 29, 2017
Twitter Talk from FinDEVr 2017 New York. The Favorites of FinDEVr 2017 New York. Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. Credit Donkey lists StockTwits , DriveWealth , and Personal Capital among its Best Investing Apps of 2017. Alumni updates.
Gonzobanker
NOVEMBER 17, 2016
While consumers and payment providers may hope for frictionless payments, the execution path will require new capabilities and deployments in fraud mitigation, cyber security, open APIs, and enhanced interoperability. Megatrend #2 – Secure and Compliant is a Non-Negotiable. How ironic is that in the journey to frictionless?
Lex Sokolin
AUGUST 5, 2019
Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. There is a lazy thing to say, and I said it in 2017 about Equifax. Here is our factbase.
Lex Sokolin
AUGUST 5, 2019
Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. There is a lazy thing to say, and I said it in 2017 about Equifax. Here is our factbase.
PYMNTS
SEPTEMBER 13, 2018
We’re already using AI to analyze underlying patterns in complex market environments, and we’re enhancing client security through biometrics and fraud detection algorithms,” he said. Smarter Security. Balancing Security With Simplified Experiences. However, consumers also crave convenience, even at the expense of security.
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