94% of attacks hitting financial services use one of four methods
Newly released data from Akamai’s 2019 State of the Internet / Security Financial Services Attack Economy Report has found that 50% of all unique organizations impacted by …
Flaws allow attackers to bypass payment limits on Visa contactless cards
Flaws that allow attackers to bypass the payment limits on Visa contactless cards have been discovered by researchers Leigh-Anne Galloway and Tim Yunusov at Positive …
Capital One breach: Info on 106 million customers compromised, hacker arrested
Capital One, one of the largest banks in the United States by assets, has announced that it has suffered a massive data breach affecting the personal and financial information …
Global IaaS market reached $32.4 billion in 2018, total growth was 31.3%
The worldwide infrastructure as a service (IaaS) market grew 31.3% in 2018 to total $32.4 billion, up from $24.7 billion in 2017, according to Gartner. Amazon was once again …
SD-WAN continues to be one of the fastest-growing segments of the network infrastructure market
The SD-WAN infrastructure market will grow at a 30.8% compound annual growth rate (CAGR) from 2018 to 2023 to reach $5.25 billion, according to IDC’s SD-WAN …
How AI can improve user experience and security for the finance industry
For the last 50 years, the fundamental and largely unchanged model for identifying and authenticating users has been based on the combination of a username and password, …
Average data breach cost has risen to $3.92 million
The cost of a data breach has risen 12% over the past 5 years and now costs $3.92 million on average, according to IBM. These rising expenses are representative of the …
Certificate-related outages impact the reputation of financial services organizations
Financial services organizations are more likely to have digital certificate-related outages than other industries, a Venafi study reveals. Over 100 CIOs in the financial …
Global IoT market projected to reach $1111.3 billion by 2026
Organizations around the world are increasingly adopting advanced technologies, which is driving the global Internet of Things (IoT) market. Fortune Business Insights in a …
More than 2 million cyber incidents in 2018 created $45 billion in losses
The financial impact of ransomware rose by 60%, losses from business email compromise (BEC) doubled, and cryptojacking incidents more than tripled, all despite the fact that …
How mobile use cases in financial services are affecting security
Financial services organizations are increasingly exposed to cyber threats, according to Wandera. The report “Mobile Security in the Financial Services,” includes analysis …
Worldwide spending on public cloud services to double by 2023
Worldwide spending on public cloud services and infrastructure will more than double over the 2019-2023 forecast period, according to IDC. With a five-year compound annual …
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