CIO Business Intelligence

APRIL 29, 2024

The incident involved scammers who, using publicly available videos and audio from YouTube of targeted senior executives, created deepfake representations to deceive a finance employee into executing multiple transactions to bank accounts in Hong Kong, resulting in significant financial damage to the company.

Social 305

Social Financial Artificial Intelligence Media 305

CIO Business Intelligence

MAY 2, 2022

Password-based authentication is likely the most widely used method of authenticating users to online services. Password-based authentication is used because it is easy to understand and implement. They provide multifactor authentication (MFA) without the usual burden on the user. on a user’s other online accounts.

Security 246

Security Authentication How To Mobile 246

CIO Business Intelligence

OCTOBER 4, 2023

From embedding malware or a phishing link in a document to manipulated or outright forged documents and other types of cyber fraud, the increase in document-related attacks cannot be ignored, especially if your company handles tax forms, business filings, or bank statements–the three types of most frequently manipulated documents.

Security 316

Security Disaster Recovery Malware Authentication 316

The Accidental Successful CIO

FEBRUARY 19, 2020

Social engineering is how the bad guys get employees to say too much Image Credit: Alexandre Formagio. These days they use a more sophisticated attack: social engineering. What Is Social Engineering? So just exactly what is this thing that we call “social engineering” ? However, hackers have since moved on.

Engineering 130

Engineering Social Education Network 130

Vox

AUGUST 22, 2024

A couple weeks ago, I got an unnerving message from my bank. My Social Security number had been compromised in an alleged data breach. One news station ran a hyperbolic headline that claimed , “Hackers may have stolen the Social Security numbers of every American.” Now I know: It’s real. They haven’t.

Social 138

Social Security Data Banking 138

CIO Business Intelligence

JANUARY 6, 2023

Several economists, a bank president, and a couple of reporters walk into a bar. The bank president wails, “ Economic hurricane.” minutes of downtime per year), and expanding digital capabilities in a world characterized by massive economic, political, social, and technological uncertainty. Give them a call.

CTO Hire 311

CTO Hire Strategy Banking CTO 311

SecureWorld News

FEBRUARY 6, 2025

While the company assures that sensitive information like full payment details and Social Security numbers were not compromised, the incident serves as another reminder of the vulnerabilities that can arise from external partnerships. Mandate multi-factor authentication (MFA) Require MFA for all vendor accounts accessing critical systems.

Data 82

Data Security Social Authentication 82

The Accidental Successful CIO

SEPTEMBER 22, 2021

However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. The banking and financial services sector have been showing a steady increase in demand across the board for AI-enhanced robotic process automation tools.

Artificial Intelligence 245

Artificial Intelligence Banking Financial Company 245

Galido

JUNE 1, 2017

Now, in the era of the Internet, it’s hard to imagine a person who does not use at least one of the social networks. Social networks are used by everyone – both young and old. In order to protect yourself as much as possible from the risks that social networks carry, it is necessary to follow a number of simple rules.

Social 101

Social Network Travel Internet 101

SecureWorld News

MARCH 20, 2025

Attackers are mimicking tournament brackets, betting promotions, and registration formstricking users into handing over credentials or linking bank accounts to fraudulent sites. This intersection of sports, money, and digital activity makes for a perfect storm of social engineering attacks.

Meeting 74

Meeting Sports Banking Mobile 74

CIO Business Intelligence

NOVEMBER 6, 2023

Show recognition According to a recent Gallup/Workhuman survey , employee recognition that is fulfilling, authentic, equitable, personalized, and embedded into the company culture is so critical to employee engagement that it can be tracked to the bottom line. You don’t even need strong social skills. Talk about it on social media.

Survey 334

Survey Banking Virtualization Social 334

Phil Windley

AUGUST 12, 2020

Our online relationships with ecommerce companies, social media providers, banks, and others are cold and impersonal, but also relatively efficient. For example, social media platforms are designed to allow people to form a link (symmetrical or asymmetrical) to others online. Supporting Authentic Relationships.

Authentication 111

Authentication Architecture System Examples 111

CIO Business Intelligence

APRIL 19, 2023

How do you define ‘best-in-class’ from a social perspective? I think about this in the context of a ‘relationship bank.’ When we are in the office and having impromptu discussions about our personal lives, or getting a meal together, or having non-work-related discussions, we are making deposits into the relationship bank.

Network 351

Network Strategy Internet Banking 351

CIO Business Intelligence

JULY 10, 2023

The BPO’s contact center blends various media streams (chat, email, voice, video, social) with self-built AI chatbots and voice bots using the Avaya Experience Platform and Google Dialogflow. A bank enhances CX, improves data protection, and reduces costs with AI-powered digital ID verification. what’s your mother’s maiden name?”)

Examples 188

Examples Study Authentication Banking 188

CIO Business Intelligence

AUGUST 29, 2022

In a recent survey of 1,500 global executives, about three in four executives (78%) cite technology as critical for their future sustainability efforts, attesting that it helps transform operations, socialize their initiatives more broadly, and measure and report on the impact of their efforts.

Enterprise 244

Enterprise Enterprise Data Center Cloud 244

Dataconomy

FEBRUARY 13, 2024

Bank of America data breach has been confirmed by the officials and customers are worried. One of the most notable recent cases is the Bank of America data breach, which underscores the importance of cybersecurity vigilance and the ongoing need to protect your personal information. What information was exposed?

Banking 77

Banking Infosys Data Authentication 77

CIO Business Intelligence

JUNE 13, 2023

The fascination in the idea comes from the observation that AI models don’t need the same kind of precision as, say, bank ledgers. Main constituents: Enterprises like medical care or banking that deal with personal information and crime. Chance of succeeding: The basic algorithms work well; the challenge is social resistance.

Tools 363

Tools Software Development Airlines Development 363

Vox

FEBRUARY 21, 2023

Friso Gentsch/picture alliance via Getty Images You used to pay for social media with your eyeballs. If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media. But now, this free model of social media — subsidized by advertising — is under pressure.

Media 100

Media Social Advertising Programming 100

SecureWorld News

MAY 2, 2024

In our digitally connected world, passwords are the gateway to protecting our online lives—from email and social media accounts to banking and private data. Additionally, enabling multi-factor authentication (MFA) whenever possible adds a critical second layer of security beyond just a password.

Authentication 106

Authentication Banking Security Financial 106

Galido

NOVEMBER 25, 2019

Perhaps not surprisingly, banks, insurance companies, and other financial-service firms are 300 times more likely to suffer from a cyber-attack than other industries. What caused the security failure is not yet known, but the exposed documents were viewable to anyone without the need for authentication. First American Financial Corp.

Financial 100

Financial Data Insurance Banking 100

SecureWorld News

AUGUST 2, 2021

Here is how the company describes the threat of phishing emails: "Phishing is a common way scammers try to trick you into giving them personal information such as an account username and password, Social Security number, or other personal information. How to spot phishing emails.

How To 98

How To Authentication Banking Social 98

SecureWorld News

MAY 5, 2024

The recent United Healthcare breach , where hackers claim to have stolen vast amounts of sensitive information including names, addresses, Social Security numbers, and medical records, illustrates this risk. Voice ID systems have become a staple in various security measures, from smartphone locks to secure banking verifications.

Media 106

Media Authentication Guidelines Engineering 106

Galido

NOVEMBER 24, 2019

When you sign up for social media, shopping and internet banking websites, always try to use different passwords for each website. A legitimate business or organization would not request sensitive information in an email and banks do not ask for your information unless you contact them. Secure Passwords.

Internet 145

Internet Security Malware Banking 145

SecureWorld News

JUNE 6, 2023

These attackers have criminal intent, as they'll lure in victims by claiming to be a friend, family member, bank, or other well-known companies and websites. These attacks can come from malicious instructions, social engineering, or authentication attacks, as well as heavy network traffic.

Training 98

Training Malware Policies Authentication 98

Dataconomy

MARCH 21, 2025

This method is a significant aspect of cybersecurity threats and falls under the larger umbrella of social engineering tactics. Personalized messages: Exploiting social media data to create customized fraud attempts, making them more believable. Clone phishing: Duplicating authentic emails, substituting malicious links or attachments.

Authentication 36

Authentication Firewall Financial Malware 36

The Verge

APRIL 29, 2021

Scammers are hacking into the accounts of Target gig workers and draining their bank accounts, Motherboard reports. Other shoppers had two-factor authentication set up but were deceived into reading the codes to scammers who called them on the phone. The company employs about 300,000 contract shoppers in the United States.

Banking 68

Banking Authentication Groups Education 68

Vox

SEPTEMBER 21, 2023

Compared to boomers, Gen Z was also twice as likely to have a social media account hacked (17 percent and 8 percent). The cost of falling for those scams may also be surging for younger people: Social Catfish’s 2023 report on online scams found that online scam victims under 20 years old lost an estimated $8.2 million in 2017.

Social 145

Social Internet Media Education 145

Vox

SEPTEMBER 15, 2023

Scattered Spider specializes in social engineering , where attackers manipulate victims into performing certain actions by impersonating people or organizations the victim has a relationship with. They’ve shut down major gas pipelines , banks , hospitals , schools , meat producers , governments , and journalism outlets.

Social 137

Social Engineering Hotels Banking 137

The Accidental Successful CIO

SEPTEMBER 21, 2022

People with the CIO job at banks, insurers and other financial companies say efforts to expand their use of artificial intelligence are being hampered by a scarcity of both data and employees with the skills that are needed. Banks and financial institutions understand that they need more AI workers. In the U.S.,

Artificial Intelligence 130

Artificial Intelligence Banking Financial Programming 130

Cloud Musings

DECEMBER 14, 2014

million stolen from HSBC Bank A.S. The majority of these attacks are due to hacking, fraud and social engineering. Social engineering is a methodology that enables a perpetrator to persuade or induce an individual to provide sensitive information or access to the unauthorized perpetrator. For example, recent breaches include 3.65

Security 159

Security Malware Internet Dell 159

Vox

JUNE 29, 2022

She blocked her friend’s account, changed her password, and enabled two-factor authentication. “I The Instagram messages came from what appeared to be a friend, and Giordano’s other friends have asked for her help with (real) social media-based contests in the past, so of course she didn’t think much of it. “The She shouldn’t have.

How To 99

How To Authentication Banking Social 99

Phil Windley

JUNE 27, 2022

Summary: Like the "close" buttons for elevator doors, "keep me logged in" options on web-site authentication screens feel more like a placebo than something that actually works. Getting rid of passwords will mean we need to authenticate less often, or maybe just don't mind as much when we do.

Authentication 72

Authentication Mobile Banking Security 72

GeekWire

DECEMBER 9, 2021

There’s a lot of chatter these days about Web3 — a decentralized version of the internet that operates outside the confines and grips of social media and technology giants. Evernym raised an $8 million round of funding in 2019, with backers including Barclays Ventures and Medici Ventures.

Internet 102

Internet Travel Hotels Airlines 102

SecureWorld News

MAY 22, 2023

It was an old-school use of mirrored websites and social engineering to get USPS employees to enter their information into a fraudulent website. Multi-factor authentication would have likely prevented most, if not all, of these paychecks from being rerouted by preventing the attacker from logging into the employee account.

Authentication 98

Authentication Training Security Examples 98

SecureWorld News

MARCH 24, 2022

Now, headlines about ransomware, cyberattacks, and data breaches pour into social media feeds as steady as a river flows. What was compromised: b ank account numbers, bank statements, mortgage and tax records, social security numbers, wire transaction receipts, and driver license images. Oh, how times have changed.

Data 128

Data Malware Government Adobe 128

SecureWorld News

AUGUST 28, 2023

The emails in the campaign purported to be from Microsoft, and they claimed that the recipient needed to update their account security settings or activate two-factor authentication (2FA)/multi-factor authentication (MFA) within 72 hours. We all love shortcuts, and QR codes are extremely beneficial and convenient.

Energy 96

Energy Company Mobile Microsoft 96

SecureWorld News

JANUARY 4, 2022

These steps include "the ongoing investigation, a password reset with enhanced security measures across the enterprise, and the implementation of multifactor authentication for all users of its systems.". Unfortunately for Broward Health and its patients, the personal data involved in the breach is quite extensive.

Healthcare 94

Healthcare Data Financial Insurance 94