CIO Business Intelligence

MAY 24, 2022

They may have a built-in user store supporting password authentication, for example. In response to cloud-based customer experiences, more focus has shifted to authentication. Modern authentication systems tend to be built around the FIDO standards of Web Authentication (WebAuthn) and Client-to-Authenticator Protocol (CTAP).

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Authentication Security B2C Applications 98

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 98

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preferred biometric authentication to passwords — and yet so many companies still force their customers to use risky, outdated login credentials.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 98

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

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

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 95

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 92

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

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 134

Network World

OCTOBER 21, 2024

As more and more people began to use computers to store personal and financial information, the need for effective security measures became more pressing. This philosophy demands rigorous and continuous authentication and authorization procedures before granting access to any resources or systems.

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Firewall Security Architecture Strategy 158

CIO Business Intelligence

DECEMBER 18, 2024

And if they werent, multi-factor authentication (MFA), answers to security questions, and verbal passwords would solve the issue. Navigating IVR According to an analysis of call center deepfake attacks, a primary method favored by fraudsters is using voice deepfakes to successfully move through IVR-based authentication.

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Authentication Survey Engineering Social 69

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 122

CIO Business Intelligence

OCTOBER 31, 2024

The attacks, in which criminals frequently leverage social engineering to impersonate company insiders, C-suite executives or trusted vendors to request urgent payments, can financially devastate organizations. We tell our clients, don’t be embarrassed. The sooner we know, the faster we can act.

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Banking How To Financial Education 104

SecureWorld News

FEBRUARY 13, 2024

The scam began with the employee receiving a phishing message purportedly from the company's chief financial officer requesting an urgent confidential transaction. Security experts suggest countermeasures will be needed such as digital authentication of meeting attendees.

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Artificial Intelligence Meeting Financial Video 113

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 Authentication Mobile 131

The Verge

SEPTEMBER 4, 2020

The company took down 20,000 product reviews following an investigation by the Financial Times. Scams like these typically start on social networks and messaging apps such as Telegram, where companies can meet potential reviewers. The scale of this fraud is amazing,” Fakespot CEO Saoud Khalifah told the Financial Times.

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Policies Financial Guidelines Authentication 139

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 93

SecureWorld News

NOVEMBER 20, 2023

These fraudulent activities not only compromise wireless account access but also pose significant risks to financial accounts, social media profiles, and other online services utilizing phone numbers for multi-factor authentication (MFA).

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Mobile Wireless Authentication Artificial Intelligence 95

The Verge

AUGUST 15, 2021

Motherboard reported that it was in contact with the seller of the data, who said they had taken data from T-Mobile’s servers that included Social Security numbers, names, addresses, and driver license information related to more than 100 million people. After reviewing samples of the data, Motherboard reported it appeared authentic. “We

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Mobile Report Data Social 97

Galido

MARCH 10, 2020

The online financial services industry is one sector that leads the way in terms of online security, and technologies adopted in this field are sure to propagate to every corner of the internet, given time. One such example of technology pioneered by the financial services industry is two-factor authentication. You betcha’.

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Tools Authentication Hardware Security 94

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 140

GeekWire

JULY 14, 2020

Auth0 is raising another big swath of cash as demand for its identity authentication software rises amid the COVID-19 pandemic. Its platform includes services like single sign-on, two-factor authentication, password-free login capabilities, and the ability to detect password breaches. GeekWire Photo / Dan DeLong). Auth0 Photo).

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Authentication Airlines Industry Company 142

Dataconomy

DECEMBER 6, 2024

These include generating photos that create a convincing identity, using images of celebrities to promote fraudulent activities, and generating audio clips that mimic loved ones requesting financial help. Genetic AI is also blurring the lines of authenticity across popular communication platforms.

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Authentication Banking Social Video 74

SecureWorld News

JANUARY 10, 2024

This highlights the importance of robust two-factor authentication (MFA) protocols, which were not enabled for the SEC's X account. Strengthening authentication mechanisms and reviewing access controls are equally important priorities. " Bud Broomhead, CEO of Viakoo, emphasized the broader lessons learned from the hack.

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Security Authentication Financial System 94

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 126

SecureWorld News

JANUARY 24, 2024

Notably, the @SECGov account had two-factor authentication (MFA) disabled due to access issues for six months before the hack. This incident, while brief, sent shockwaves through the financial world and raised concerns about the security of online platforms used by government agencies.

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Security Authentication Government Financial 102

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.

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How To Authentication Banking Social 90

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. CIOs view “big tech” companies leveraging AI as emerging competitors in the financial-services market.

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Artificial Intelligence Banking Financial Programming 130

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 105

SecureWorld News

MARCH 24, 2022

Now, headlines about ransomware, cyberattacks, and data breaches pour into social media feeds as steady as a river flows. First American Financial Corporation data breach (2019). Damages: charges from the New York State Department Financial Services (NYDFS). Oh, how times have changed. Records affected: 885 million.

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Data Malware Government Security 121

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 Analysis Applications 86

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. Be wary of any email that requests personal information, especially if the information needed is of a financial nature. Secure Passwords. Protect Yourself Against Phishing & Virus Attachments.

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Internet Security Malware Banking 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. This was the backup plan; the group initially planned to hack the company’s slot machines but weren’t able to, the representative claimed.

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Engineering Social Hotels Banking 143

Dataconomy

FEBRUARY 14, 2024

The Prudential data breach is confirmed In a recent disclosure, Prudential Financial announced a data breach last week, during which unauthorized parties accessed and extracted data related to employees and contractors, only to be expelled from the infiltrated systems the following day. Featured image credit: Compare Fibre/Unsplash

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Financial Data Insurance System 41

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 143

SecureWorld News

APRIL 29, 2024

If there is a silver lining, it is likely the data exposed to advertisers such as Microsoft and Google does not include usernames, passwords, Social Security numbers (SSNs), financial account information, or credit card numbers. Advertisers use this vast array of information to create customer personas for targeted advertising."

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Data Healthcare Advertising Financial 92

SecureWorld News

SEPTEMBER 12, 2024

The risks are fairly obvious: Data Breaches: Online casinos hold vast amounts of sensitive user data, including personal and financial information. Fraud: Sophisticated scams, including bonus abuse and account takeovers, pose significant financial risks. Messaging apps and in-app messages on social apps are great for these.

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Authentication Mobile Education Security 88