Number of users of software-based facial recognition for payments to surge
The number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020, a Juniper Research study …
48% of IT leaders accelerated automation projects
78% of businesses plan to increase their spending on automation initiatives in the coming 12 months, SnapLogic research reveals. The study also found that this increased …
CFOs focused on growth, investing for the future
Most chief financial officers (CFOs) are focused on growth and turning the lessons from the pandemic into a road map for the future, according to a survey by Grant Thornton. …
Financial organizations struggling to secure data in the cloud
In 2020, the most common incidents that financial organizations suffered regarding data in the cloud were phishing attacks (reported by 26%), targeted attacks on cloud …
The LPWAN market to reach $109.76 billion by 2025
The low-power wide area networks (LPWAN) market is expected to grow by $109.76 billion during 2021-2025, expanding at a CAGR of almost 58%, according to Technavio. The report …
Death, taxes, and hacks: How to prevent cyberattacks during tax season
Remember how folks did taxes in the olden days? They’d collect large piles of paper documents, fill out endless pages of forms, stuff a bunch of receipts in a shoebox and – …
The authentication and brand protection market to reach $3.7 billion by 2026
The authentication and brand protection market is projected to grow from $2.5 billion in 2021 to $3.7 billion by 2026, growing at a CAGR of 8.3%from 2021 to 2026, according to …
Leaders need to find ways to increase internal audit capacity without increasing budgets
A study of 299 internal audit organizations showed that the function faced both declining budgets and a significantly expanded workload in 2020, according to Gartner. “For …
Financial services and insurance faring better than most in the pandemic year
While 2020 was one of the most challenging years for every business, those in financial services and insurance have fared better than most. This is the conclusion of a deeper …
Worldwide Wi-Fi market to reach $25.244 million by 2026
The global Wi-Fi market is projected to grow from $9.437 million in 2020 to reach $25.244 million by 2026, at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast …
Total combined fraud losses climbed to $56 billion in 2020
While total combined fraud losses climbed to $56 billion in 2020, identity fraud scams accounted for $43 billion of that cost. Traditional identity fraud losses totaled $13 …
How to stay ahead of the rise of synthetic fraud
While banks have been successful in reducing card fraud in recent years, a new and rising threat has emerged: synthetic identity fraud. By combining real and falsified …
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