In the first half of 2018, cyber criminals have stolen approximately $1.1 billion worth of digital currency, CNBC reported. To make these thefts possible, some criminals are turning to tools on the dark web: Cybersecurity company Carbon Black said there are around 12,000 marketplaces related to cryptotheft — and malware, which can come as low … Read more
Alipay’s operator Ant International has secured $14 bln in an equity financing round to develop blockchain for its global tech platform. Alipay’s operator Ant International has entered into “definitive agreements” with investors to secure $14 bln in a Series C equity financing round. The money will be spent to pursue blockchain and technological innovation, according … Read more
In the world of Facebook, Chief Global Security Officer Nick Lovrien says, “A day is a week, a week is a month, a month is a year.” In other words, development there moves quickly. As a company, Facebook owns Instagram, Oculus, WhatsApp, and hundreds others, buying around 160 businesses just last year. The company’s goal … Read more
Creating a safe online environment for your business is a major concern for leaders today. With the amount of data breaches increasing steadily and consumer trust in data management declining, it’s no wonder that improving the security of IT systems is the number one priority for 55% of companies. Employees can either be your greatest … Read more
iProov wins contract with US Department of Homeland Security Digital identity tech firm iProov has won a bid with the US Department of Homeland Security to support border security for the US Customs and Border Protection (CBP), reports Julie Muhn at Finovate. This makes iProov the first overseas company to win a contract from the … Read more
According to a release by genealogy and DNA testing service MyHeritage, user details for more than 92 million accounts were discovered in a private server. Although no user DNA information was found in the leaked data, the MyHeritage hack discovered by an outside security researcher highlights the current vulnerabilities in the way many private records … Read more
Data aggregation and analytics firm Envestnet | Yodlee bolstered its PFM capabilities with the launch of AI FinCheck, writes Julie Muhn at Finovate. The artificial intelligence (AI) powered financial wellness solution leverages consumers’ transaction data, AI, and machine learning (ML) to monitor users’ financial health and offer actionable financial guidance tailored to their circumstances. AI … Read more
Experts say the devil is in the details when it comes to complying with the swath of new privacy and cybersecurity laws enforced by the European Union’s General Data Protection Regulation.
Pen Test Partners demonstrates how to send vessels off-course or even onto a path to collision — fairly easily.
The European Union’s well-publicized General Data Protection Regulation that went into force on May 25 is a much-needed update to its 1995 Data Protection Directive and in many ways a substantial improvement. As leading privacy scholar Daniel Solove says it provides a “blueprint for protecting data that is more thorough and complete than nearly any … Read more