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Mastercard’s Cyber Secure Uses AI To Help Banks Fight Cyber Fraud

PYMNTS

Mastercard has unveiled its artificial intelligence (AI)-fueled Cyber Secure tool suite, which lets banks evaluate cyber risk throughout their ecosystems and stop possible breaches from occurring, according to a Friday (Oct. 30) announcement emailed to PYMNTS. Mastercard said the world faces a $5.2

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The cyber security threat landscape in financial services

Insights on Business

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

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Proposed new cyber security regulations will be a huge undertaking for financial institutions

Celent Banking

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Mandated training of security will be required. Information security. Data governance and classification.

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Today In Data: True Digital Security May Not Happen Because Of Cyber Crime

PYMNTS

Digital security may just be a pipe dream that society will always be chasing. With each new digitally infused product or service that opens up to the public, new doors to new weakness and cyber crime open up as well. Here are the numbers: 31 percent | Percentage plunge in SWIFT stock following $81 million Bangladesh cyber heist. $31

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One for All and All for Cyber Security

Bobsguide

Cyber security has caught the attention of the board as no board member, CEO or CFO wants to see their company headlined in the news in association with the latest data breach. Unlike just a few years ago, IT security initiatives are increasingly driven from the top down, and it is more than the IT.

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Big data analytics and cybersecurity take center-stage in payments systems

Accenture

Sibos 2015 in Singapore brought them into sharp focus – specifically: Big Data Analytics, Cyber-security, Bank & FinTech Hubs, Cryptocurrencies/Blockchain Technology, Trade Finance and APIs. Some big themes dominate Payments today, and each is likely to endure for many years. Read more.

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SMBs Severely Underestimate Data Breach Costs

PYMNTS

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. As lawmakers ponder this risk, PYMNTS highlights some of the newest data points uncovered by researchers examining small business cybersecurity. ” The U.S.

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