Search Results for: cyber threats

Consumer protection laws E-commerce Mobile Banking News

City of Dallas Launches Free “Dallas Secure” Mobile Phone App To Protect Residents From Cybersecurity Threats

Fintech News Desk
Dallas residents now have a new tool to protect their mobile devices from threats, just in time for the holiday shopping season. In partnership with Dallas-based Zimperium, the City of Dallas has announced the launch and public availability of “Dallas Secure,” a free mobile security application for Apple iOS and Android......
Consumer protection laws E-commerce News

New Visa Reports Underscore Importance Of Cybersecurity Amid Shifting Threats

Fintech News Desk
Visa Inc., the world leader in digital payments,  shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously targeting online and offline vulnerabilities as our daily lives return to a blend of in-person and e-commerce experiences. “As in-person commerce returns to pre-pandemic......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Fintech News

Good Cyber Security Starts in The Boardroom but Only Half of Business Leaders are Ready for Cyber Security Threats

Fintech News Desk
The UK’s vulnerability to cyber security attacks has again come under the spotlight, with only half of business leaders ready and prepared to counter digital threats they’re currently facing – or are likely to confront in the future. This is despite the fact that over half (52%) link strong cyber......
New Trustwave Report Reveals Cybersecurity Threats Becoming Pervasive and Attacks More Targeted
Fintech News

New Trustwave Report Reveals Cybersecurity Threats Becoming Pervasive and Attacks More Targeted

Fintech News Desk
As Organizations Move to Cloud Environments and Embrace Digital Transformation, Adversaries are Quickly Adapting According to Breach Investigations and Threat Intelligence Analysis Trustwave released the 2020 Trustwave Global Security Report, which reveals the top security threats, breaches by industry and cybercrime trends from 2019. Read More: Executives Explore Disruptions in Fraud......
Banking Featured Finance Fintech Risk Management Security

Why Network Traffic Monitoring is Essential for Robust Cybersecurity in Financial Services

Rishika Patel
In the high-stakes world of financial services, where vast quantities of sensitive data flow continuously across interconnected networks, network traffic monitoring has become more than a mere security tool—it’s a strategic imperative. According to Gartner, 90% of enterprises view network traffic monitoring as vital for maintaining reliability, security, and regulatory......
Nacha's Payments Innovation Alliance Commemorates Cybersecurity Awareness Month by Releasing Materials to Educate the Public About AI-Based Scams
Finance Fintech News Security

Nacha’s Payments Innovation Alliance Commemorates Cybersecurity Awareness Month by Releasing Materials to Educate the Public About AI-Based Scams

Business Wire
Nacha’s Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has published new materials aimed at raising awareness of AI-based scams, including a new report, Payments and Artificial Intelligence: Protecting Yourself Against AI-based Scams, focusing on protecting consumers from AI-based scams and......
AXA XL unveils new cyber insurance extending coverage to help businesses manage emerging Gen AI risks
Artificial Intelligence Finance Fintech News

AXA XL unveils new cyber insurance extending coverage to help businesses manage emerging Gen AI risks

PR Newswire
To help businesses manage risks arising from developing their own Generative AI (Gen AI) models, AXA XL unveiled new coverage, available by endorsement, to its cyber insurance coverage globally, extending coverage to address specific Gen AI risks. According to Michael Colao, AXA XL’s Global Chief Underwriting Officer, Cyber, “Looking to improve efficiency, improve......
Sixfold's AI Prepares Insurers for Future Risks in Cyber Insurance
Artificial Intelligence Finance Fintech News

Sixfold’s AI Prepares Insurers for Future Risks in Cyber Insurance

PR Newswire
Insurers using Sixfold’s AI can quickly adapt their risk strategies to address new cyber threats, providing accurate and future-ready underwriting assessments. Additionally, the partnership with CyberCube aligns with the strategy of utilizing the best data sources to streamline underwriting, keeping insurers ahead as cyber insurance premiums are projected to reach $20......
Chubb's Digital Payments and Cyber Scams Survey Finds Growing Impact of Fraud on Consumers; Harms Trust in Payment Methods
Digital Payments Finance Fintech News Security

Chubb’s Digital Payments and Cyber Scams Survey Finds Growing Impact of Fraud on Consumers; Harms Trust in Payment Methods

PR Newswire
Across the globe, 61% have changed their behavior or reduced use of digital payment platforms due to cyber scam concerns. 75% say transaction insurance would boost their trust, increasing adoption. Chubb, a world leader in insurance, today released the results of its new global survey, “The Impact of Cyber Scams......
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