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Copilot: an indispensable tool for banking security teams

CIO Business Intelligence

The threat to banks from cyber crime is becoming increasingly complex, as state actors and criminal gangs become more adept at targeting vulnerabilities. A report by the Bank for International Settlements singled out the growth of cloud-based services and remote working as two of the primary drivers behind the heightened risk.

Banking 275
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5 challenges for securing the future

CIO Business Intelligence

Information security has been an intriguing part of our past, is a critical part of our present, and will be a defining factor in our future. The economics of security are clear: “There is no financial stability without cybersecurity,” writes Loretta J. Mester , President and CEO of the Federal Reserve Bank of Cleveland.

Security 325
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3 ways to deter phishing attacks in 2023

CIO Business Intelligence

Unsurprisingly, there’s more to phishing than email: Email phishing: Attackers send emails with attachments that inject malware in the system when opened or malicious links that take the victim to a site where they’re tricked into revealing sensitive data. Cyberattacks, Data and Information Security, Phishing

Training 352
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How flexible should your infosec model be?

Network World

Security is a top priority at the Bank of Labor , but the financial institution updates its formal information security policy only once a year, maybe twice, regardless of what's happening in the ever-changing threat landscape.

Banking 150
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How AI continues to reshape the cybersecurity arsenal

CIO Business Intelligence

One such company is a large Indian bank with more than 5 million customers who was repeatedly getting half a million issues in code despite adjustments and tweaking of configurations in a popular commercial SAST tool. It resulted in a major breach disclosing the driver and rider details of 57 million users.

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25 enterprise tech predictions and goals for 2025, from APAC CIOs

CIO Business Intelligence

src="[link] alt="christian piccardi" loading="lazy" width="400px"> Christian Piccardi Chief Information Officer (Mox Bank) In 2025, Mox will extend the use of AI and automation to enhance customer support, decision-making, and operational efficiency while exploring AI co-piloting to augmenttechcapabilities.

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The evolving role of security and IT in DR and incident response

CIO Business Intelligence

However, as ecommerce has proliferated, security threats have increased, elevating cybersecurity to a board-level concern. Threats have evolved from malware and denial-of-service attacks in the early days of ecommerce bad actors, to ransomware attacks that threaten the ability of a business to operate.

Security 277