How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
It can no longer be a topic of debate. If you have enterprise assets connected to the Internet, you will get breached. It is only just a matter of when. Every organization, especially in today’s work-from-home economy must have a documented incident response plan and sets of playbooks that form the incident response...
The telemedicine landscape continues to flourish – but so does medical fraud. Dean Nicolls of Jumio Corp. discusses the most prevalent forms of fraud and how identity verification can help ensure all populations are both included and secured.
After the 2008 financial crisis, reform was developed to strengthen the financial resilience of the financial sector but broadly omitted cyber threats and risks.
Yet cyber threats pose a significant challenge to the operational resilience, performance and stability of the financial sector.
Join this session and...
A Swiss national who recently highlighted flaws in Verkada surveillance cameras has been charged with criminal hacking by a U.S. federal grand jury and accused of illegally accessing and leaking data from numerous organizations, apparently including Intel, Nissan and the U.S. National Reconnaissance Office.
Hacking incidents - including ransomware attacks, phishing scams and episodes involving vendors - are still the dominant culprits in major health data breaches being reported to federal regulators so far this year. Why?
Software is at the center of it all, placing increased pressure on developers, security managers, and DevOps leaders to develop applications faster. However, this need for speed comes at a price, and security can be seen as a blocker and not an enabler. Watch this webinar to understand why it's time to prioritize your...
Insider risk is a challenge across many industries. Financial services companies face some of the worst outcomes. A recent benchmark study found that the Financial services sector experienced the highest average yearly cost. Containing insider threats costs the industry $14.5 million annually. That is a 20.3% increase...
Digital banking has become the single most effective channel for financial institutions to drive growth, increase revenue and attract new customers. Yet, it also introduces more risk, and cybercriminals are following the money right into the online account opening process.
Today, a staggering 85% of financial...
Account takeover fraud remains an ongoing problem for financial institutions, e-commerce merchants, and virtually any organization that offers products or services that can be monetized. These attacks, helped along by the global pandemic, grew substantially last year as the increased reliance on digital services...
At the heart of every cyberattack is an element of social engineering. From more common attacks, such as phishing, to more sophisticated attacks, such as authorized push payments and voice scams, cybercriminals have impersonation of our most-trusted institutions down to a science. This e-book explores how behavioral...
Digital channel adoption is soaring, yet fraud remains a persistent problem that continues to chip away at the bottom line. Developing an effective payment fraud management strategy remains a challenge as stakeholders across the business often have conflicting priorities of how fraud should be managed at the...
Public sector organisations worldwide face a
daunting set of challenges as society adjusts to
the current COVID-19 environment. Whether it is
local government, healthcare, law enforcement,
or blue light responders, organisations across all
disciplines that previously depended on in-person
processes have been...
In financial services, there is a stark difference between defending against authorized versus unauthorized fraud incidents. James Hunt of Bottomline Technologies discusses the schemes and how to respond with a more dynamic prevention strategy.
Cyber security has become a war of attrition where organizations, government agencies and the Department of Defense (DoD) are facing new threats every day. But years of poor IT hygiene have limited their visibility into the IT infrastructure. This is not only opening doors into the network for cyber criminals, but it...
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