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Cyber Threats To Client Wealth And Well-Being: Why And How Wealth Managers Will Soon Play A Key Role In Managing These Risks

Nerd's Eye View

when tagged online pictures can be used to identify an individual’s location). monitoring the dark web and corporate data breaches, reviewing credit reports annually, and regularly updating protection). stealing a client’s financial assets that are accessible online), identity theft (i.e.,

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Phishing Attacks Continue To Find Fuel In A Global Pandemic

PYMNTS

Security experts are warning that phishing attackers are using Google Firebase storage URLs in an effort to trick targets into harvesting sensitive data. As the threat of B2B payments fraud persists, PYMNTS looks at the data behind some of the other latest cases of such digital scams. Taking into account the estimated 30.2

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Digital Fraud Is An Inside Job

PYMNTS

Try wrapping your mind around the price tag of the average corporate data breach at $3.92 It’s a perfect job for the dynamic duo of unsupervised machine learning (UML) and Big Data, creating real-time detection architectures that look for trouble. million per incident. Then multiply that by the 4.1 Catch Me if You Can.

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Deep Dive: How Digital ID Verification Helps Build Trust in Carsharing and Housesharing Platforms

PYMNTS

Sharing economy businesses looking to keep their guests safe must deter data breaches that continually threaten organizations and can allow cybercriminals to steal usernames and passwords to access accounts. More than 111 million U.S. Other account takeover (ATO) schemes involve bots, which can conduct some 100 hits per second.

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NXP Rolls Out Privacy-Enabled Tag Chips For IoT

PYMNTS

NXP Semiconductors in late September introduced its latest NTAG DNA tag chip, providing privacy-enabled, multi-layered security for NFC and IoT authentication applications. With the new NTAG 424 DNA, brands can fight counterfeit and grey market activities at a cost that enables mass-market deployment of advanced NFC tags.

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SMEs Forced To Live With New Normal Of Cyberattacks

PYMNTS

The price tag attached to a data breach on a small business has increased this year, according to new analysis from IBM and Ponemon Institute. With their newly released “ 2016 Cost of Data Breach: Canada ” report, the firms examined the financial impact of data breaches on 24 companies in Canada to assess the damage.

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Google Chrome To Eliminate Third-Party Cookies In Privacy Push

PYMNTS

Alternatives could turn Chrome into a more important intermediary, which would have data on users that it would select provide to agencies seeking to measure and target advertising. . The tech company reportedly promises that there won’t be ad personalization, cookie tracking, data-storing, profiling, and data-sharing with advertisers.