CIO Business Intelligence

MARCH 4, 2025

But it was financial services, media, manufacturing, industrials, and engineering that saw the biggest surges in China-linked intrusions last year 200-300% growth rates compared to 2023. Overall, the number of intrusions and new Chinese cyber espionage groups grew across the board.

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Industry Malware Telecommunications Groups 246

CIO Business Intelligence

OCTOBER 26, 2022

As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy. Have you thought about what can be done with this device to enhance identity authentication?

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Authentication Banking Data Knowledge Base 246

CIO Business Intelligence

MAY 19, 2022

Customer demand for passwordless authentication has grown exponentially since smartphones first began offering built-in biometric readers. A staggering 93% of consumers preferred biometric authentication to passwords — and yet so many companies still force their customers to use risky, outdated login credentials. Your first clue?

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Authentication Survey Study Mobile 246

SecureWorld News

FEBRUARY 13, 2025

Additionally, the FBI has warned businesses about rising cases of AI-generated fraud, estimating that financial damages could exceed $10 billion annually. Evolution of social engineering Social engineering exploits human psychology to manipulate individuals into revealing sensitive information or taking harmful actions.

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Authentication Financial Video Social 85

CIO Business Intelligence

OCTOBER 16, 2023

But casino gaming companies MGM Resorts International and Caesars Entertainment were caught short in this area in recent weeks by hackers using identity-based and social engineering attacks that spoofed identity to gain access to secure systems. According to reports, MGM and Caesars were both customers of identity management company Okta.

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Authentication Social Engineering Security 336

SecureWorld News

FEBRUARY 15, 2024

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

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Malware Authentication Mobile Engineering 103

CIO Business Intelligence

APRIL 29, 2024

If you are a CIO or CISO and haven’t yet read this article – Finance worker pays out $25 million after video call with deepfake ‘chief financial officer,’ you should and then share it with your entire company. Two-factor authentication practices just won’t cut it. It could save your company millions, and potentially much more.

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Social Financial Artificial Intelligence Media 305

Network World

MAY 20, 2024

Voice phishing (vishing) and deepfake phishing attacks are on the rise as attackers harness generative AI tools to amplify their social engineering tactics. Yet on the flip side of this transformation is a perilous truth: AI is also turning novice to average threat actors into skilled social engineers and sophisticated phishing attackers.

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Trends Report Social Architecture 397

CIO Business Intelligence

AUGUST 22, 2022

As the industry continues the shift from in-person services toward remote customer service and hybrid models, banks are focusing more than ever on how to support their customer’s experiences in a way that quickly answers inquiries and gives customers a more frictionless experience for loan applications and other financial services. .

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Banking Financial Mobile Authentication 327

CTOvision

JUNE 28, 2016

Social engineering is one of the most problematic attack techniques to combat. User education is most effective at stopping a social engineer. Users who are aware of the potential for social engineering attacks and learn to recognize them can use simple methods to thwart these attacks successfully. Stu Sjouwerman.

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Engineering Social Banking Malware 152

CIO Business Intelligence

OCTOBER 20, 2022

In fact, CIO has reported that it takes only a few minutes for experienced hackers to set up a social engineering attack against enterprises (and their managed service providers) that consider themselves to be secure and protected. Know that legitimate companies will never ask for passwords, personal, financial, or corporate information.

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Training Banking Social Malware 352

SecureWorld News

NOVEMBER 6, 2024

Google moved away from VPNs, instead using device-based authentication and continuous access verification, ensuring that each access request is authenticated. Conducting a cost-benefit analysis: Compare Zero Trust implementation costs with potential financial losses from breaches. Take Google's BeyondCorp as an example.

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Authentication Network Tools Security 104

CIO Business Intelligence

OCTOBER 4, 2023

Many documents include personally identifying information, such as Social Security Numbers (SSNs), birthdates, and home addresses. Without a plan to protect PII, your business could be at significant legal and financial risk if that information is leaked and/or publicly exposed. Provide access control.

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Security Disaster Recovery Malware Authentication 316

CIO Business Intelligence

JUNE 18, 2024

Verification and access control Effective identity management begins with a verification process to establish the authenticity of users and entities accessing critical systems and data. By validating user identities, organizations can prevent unauthorized access and reduce the risk of data breaches. In other words, insiders.

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Security Authentication Government Data 264

IT Toolbox

APRIL 16, 2024

A third-party telephony provider of Cisco suffered a breach wherein they hacked into and downloaded message logs for authentication SMS messages sent for Duo Security. The stolen data puts customers at risk of social engineering attacks to trick them into revealing credentials, carrying out financial fraud, etc.

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Authentication Financial Social Engineering 147

Galido

NOVEMBER 25, 2019

Information Technology Blog - - Four of the Biggest Financial Data Breaches of 2019 - Information Technology Blog. 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. The First American Financial Corp.

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CIO Business Intelligence

OCTOBER 25, 2023

Unauthorized access to user accounts and sensitive information becomes a significant concern, leading to potential data breaches, financial loss, and unauthorized activity. Identity attacks use social engineering, prompt-bombing, bribing employees for 2FA codes, and session hijacking (among many techniques) to get privileged access.

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Security Authentication Policies Applications 359

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.

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Social Network Travel Internet 101

CIO Business Intelligence

MAY 11, 2022

For online services providers seeking to capture the attention of consumers—retailers, media platforms, healthcare providers, financial institutions, public service agencies, and many others—it has become critically important to create offerings that surprise and delight customers, earn their trust, and keep them coming back.

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Authentication Retail Data Healthcare 244

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.

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Artificial Intelligence Banking Financial Company 245

CIO Business Intelligence

JUNE 25, 2024

and you’ll discover that the exploited vulnerability was a bush-league error — failing to institute multifactor authentication on exposed servers. Mission: how the plan will deliver the social value that is the business’s reason for being. Do a bit of Googling (or Copiloting?) Maybe preventively fixing the problem was too expensive.

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Apple Authentication Healthcare .Net 295

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.

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Enterprise Enterprise Data Center Cloud 244

SecureWorld News

NOVEMBER 8, 2023

Social engineering attacks have long been a threat to businesses worldwide, statistically comprising roughly 98% of cyberattacks worldwide. Given the much more psychologically focused and methodical ways that social engineering attacks can be conducted, it makes spotting them hard to do.

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Engineering Social Artificial Intelligence Media 113

SecureWorld News

MARCH 20, 2025

Phishing plays straight out of the cybercrime playbook "March Madness brings heightened cybersecurity risks this year, especially with the expansion of sports gambling beyond traditional office pools creating new attack vectors for credential harvesting and financial fraud," warns J. Stephen Kowski, Field CTO at SlashNext Email Security+.

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Meeting Sports Banking Mobile 82

CTOvision

JUNE 12, 2014

That derived credential is transferred to a mobile device’s internal storage or microSD card, and can be used to authenticate an individual to an organization’s resources. Their two-factor authentication solution consists of a unique device ID and the big data pattern associated with it.

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Security Storage Network Mobile 249

CIO Business Intelligence

FEBRUARY 7, 2023

I work like no tomorrow,” says a project manager, working in financial services. Cybsafe Some organizations are tailoring their social policies to be more inclusive, such as at security awareness training firm Cybsafe. And I don’t get promoted. I just get pigeonholed because I do well in that role. They’re not willing to invest in me.

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CTO Hire Engineering Authentication Industry 363

SecureWorld News

OCTOBER 3, 2023

And one of the most successful and increasingly prevalent ways of attack has come from social engineering, which is when criminals manipulate humans directly to gain access to confidential information. Social engineering is more sophisticated than ever, and its most advanced iteration is the topic of today's discussion: deepfakes.

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Engineering Social Open Source Video 109

Gizmodo

JANUARY 18, 2022

Crypto.com suspended all withdrawals from the platform on Monday and is forcing users to reset two-factor authentication methods, according to tweets from the company. And while Crypto.com is claiming everyone’s money is “safe,” there were reports from users on social media that millions may have been lost to hackers. Read more.

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Authentication Media Social Report 135

SecureWorld News

FEBRUARY 10, 2025

MitM scenarios exploit weaknesses in network communication channels, allowing cybercriminals to steal sensitive information, including login credentials or financial details. Multi-factor authentication (MFA) is also a must to prevent unauthorized access from just a stolen password. This type of attack is called session hijacking.

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Network How To Authentication Security 69

SecureWorld News

MARCH 12, 2025

In an age where AI-generated content and manipulation tools are readily accessible, questions have to be raised about authenticity. Content has an authenticity problem Organizations face mounting pressure to verify the authenticity of digital assets ranging from corporate imagery to sensitive documents and media files.

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Security Authentication Licensing System 60

SecureWorld News

FEBRUARY 4, 2025

including such sensitive information as people's full names, Social Security numbers, addresses, phone numbers, and dates of birth. For example, in 2018, GDPR non-compliance caused a data breach that cost British Airways 183 million ($230 million) for exposing personal and financial data of nearly 500,000 customers.

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Authentication Security Examples Data 100

CIO Business Intelligence

JULY 27, 2023

Schwarz recommends taking the time to do three things: Know the value of your company’s currency, invest heavily in peer relationships, and above all, be authentic to your personal brand. Make sure your brand is authentic to how you operate,” says Schwarz. What conclusions might one draw from your social media presence?

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Authentication Infosys Network Oracle 238

CIO Business Intelligence

SEPTEMBER 1, 2024

She believes that enhanced verification protocols, such as multi-factor authentication and biometric verification can reduce the risk of deepfake exploitation. Prashant Mali, Cyber Lawyer and Policy Expert warns us of an AI mayhem wrecking our social fabric if deepfake is not censored via legislation and strict implementation of the same.

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Artificial Intelligence CTO Government Video 306

CTOvision

FEBRUARY 16, 2017

It is a tricky part when we deal with Data ownership while using external sources, especially if we use social data which is an essential element, as we build our cases for front office digitization, customer sensitive analysis and so on. Is this the real authentic data that was truly originated from a person and has some valid purpose?

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Data Analysis IBM Social 182

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. They can lead to identity theft, financial fraud, private data breaches, and more as a result of accounts being compromised. The consequences of weak passwords are severe.

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Authentication Banking Security Financial 112

CIO Business Intelligence

MARCH 17, 2023

There’s a financial component, too. The most important thing is to choose a persona that’s authentic to your personality and something you enjoy doing. It can also help you move roles, whether from an operational “keep the lights on” CIO position to a more forward-looking innovative one (or vice versa), or even a CDO, COO or CEO role.

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Study Conference Media Energy 299

SecureWorld News

FEBRUARY 27, 2025

With North Korea's cyber capabilities evolving, the FBI is emphasizing industry-wide cooperation to prevent further laundering and illicit financial activity. The FBI's report aligns with previous intelligence assessments linking North Korean state-backed cyber operations to major financial crimes in the digital asset space.

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Financial Industry Programming Security 60