SMBs continue to be a target of cybercriminals

Because they don’t see themselves as targets, small-to-midsize businesses (SMB) have for a long time believed that their security programs are good enough. They have a firewall, antivirus, maybe they even use two-factor authentication. The mistake is believing that this is enough because they have nothing of value to an…

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Who’s hacking your network?

The cybercrime rate’s going up, up, up, up, up. Cybercrime damages were predicted to cost the world $6 trillion annually by 2021, up from $3 trillion in 2015, according to a recent CSO story. So, who’s committing the the hacks? Hackers have morphed from the lone wolf wearing a hoodie…

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Fending off cyber evil in the mobile wallet space

Traditional payment systems are witnessing heightened competition from digital and mobile payments because they present a convenient proposition to pay for goods and services. While these mobile payment systems appear promising, unsecure wallets are bridled with potential risks that can threaten the future of the industry. Smartphones facilitating the growth…

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Cyber threat requires industry-wide cooperation

Alain Desausoi underlines the importance of constant vigilance, physical and logical security, and information sharing at Financial Times conference. Alain Desausoi, SWIFT’s Chief Information Security Officer (CISO), spoke today at the third annual Financial Times Cyber Security Summit Europe about a number of important initiatives that comprise SWIFT’s Customer Security…

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