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.

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Engineering Social Education Network 130

CIO Business Intelligence

FEBRUARY 22, 2024

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 110

Banking Tools Security Malware 110

Dataconomy

NOVEMBER 6, 2023

The bank failure of Citizens Bank, a Sac City institution for 94 years, has been confirmed by the Federal Deposit Insurance Corp, attributing the cause to significant non-local loan losses. The regulatory body emphasized that there is no mandated warning period for the closing of a bank.

Banking 95

Banking Insurance Industry Security 95

Information Week

OCTOBER 24, 2022

For banks, adding BaaS is the modern-day equivalent of adding branch locations -- without much of the capital expenditure.

Social 134

Social Banking 134

Tech Republic Security

APRIL 5, 2022

In one type of phishing attack described by the IRS, scammers pose as IRS workers to try to coax employees into sharing social security numbers or bank account details. The post IRS warns consumers and businesses of common scams during tax season appeared first on TechRepublic.

Banking 189

Banking Social Security 189

SecureWorld News

FEBRUARY 15, 2024

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. According to breach notification letters , the exposed customer data includes names, addresses, Social Security numbers, dates of birth, and financial account details.

Banking 96

Banking Data Infosys Financial 96

SecureWorld News

AUGUST 19, 2024

In August 2024, a new class action lawsuit claimed that every American's Social Security number was stolen in a data breach that occurred in April 2024. The lawsuit says that hackers stole the personal information of 3 billion people, including every existing Social Security number, from background check company National Public Data (NPD).

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Social Security Banking Data 106

Information Week

OCTOBER 3, 2023

A European report says greenwashing is on the rise at companies in America and Europe -- especially in the banking and financial services sectors. Social washing” is also increasing.

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Report Banking Financial Social 172

CTOvision

MARCH 25, 2014

According to his blog KrebsonSecurity , MasterCard issued a private alert to nearby banks in March that a data breach existed at the DMV from August to December – on a credit card system that annually processes more than ten million credit card transactions.

CTO 274

CTO Analysis Banking Security 274

CIO Business Intelligence

MAY 16, 2023

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Today’s rapidly rising rate environment is driving activity across the country’s 72,000 bank branches 2. Consider the following real-world scenarios. ●

Banking 104

Banking Artificial Intelligence Financial Security 104

Social, Agile and Transformation

APRIL 27, 2020

Every business in every industry needs to look at itself in the mirror and decide who they want to be when they emerge from the COVID-19 lockdown. That is if they come out of it. The world's changed. Every person, business, and institution is going to be looking at their own mirrors and deciding for themselves. And what are the key questions?

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Travel Banking Industry Agile 218

CTOvision

JUNE 12, 2014

The email goes on to say that eBay has no evidence that the hackers accessed customers’ banking information or credit card numbers, and there is no evidence of increased fraudulent activity on the website.

CTO 258

CTO Banking Financial Social 258

CIO Business Intelligence

DECEMBER 3, 2024

Beyond Bank Australia is one of the largest customer-owned banks in Australia and one of the leading B Corps in the country. That certification measures your company’s social and environmental impact, both of which we’re super proud of, but it’s also deeply rooted in our culture. We’re a very relationship-led bank.

Banking 102

Banking Financial Security Strategy 102

CTOvision

JULY 31, 2019

Paige Thompson is accused of breaking into a Capital One server and gaining access to 140,000 Social Security numbers, 1 million Canadian Social Insurance numbers and 80,000 bank […].

Applications 31

Applications Insurance Banking Social 31

CTOvision

DECEMBER 4, 2014

Last week technology news site Re:Code announced that it would stop hosting comments on its own sites as the conversation around stories was already happening on social media. Rush-hour traffic forces banks to embrace technology. Royal Bank of Scotland Fined Million Over Technology Failure.

Symantec 282

Symantec Apple Banking Journal 282

CTOvision

SEPTEMBER 3, 2014

Nearly every adult in the United States possesses information that would prove valuable if stolen – credit card numbers, bank account numbers, Social Security numbers, date of birth, etc. – Cyber Security News Social Media 4chan Apple Cloud Cloud storage cyber security iCloud Information security IPhone Reddit'

Information Security 258

Information Security Media Apple Cloud 258

CIO Business Intelligence

OCTOBER 26, 2022

Digitalization is a double-edged sword for banks, especially when it comes to security. 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.

Authentication 98

Authentication Banking Data Knowledge Base 98

GeekWire

MAY 10, 2020

Amazon is developing a robot that would roll through grocery stores and distribution centers, using banks of ultraviolet light to kill viruses on surfaces. Amazon says it uses its vast camera system for contact tracing and to try to enforce social distancing. Amazon via 60 Minutes). Careful, creative, or creepy?

Social 140

Social Company Artificial Intelligence Report 140

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

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

CTOvision

NOVEMBER 21, 2018

When buying tickets online, when job-seeking, when scrolling through social media on your phone, or checking your data allowance, it may not seem it but you’re at risk of being hacked. Data leaks are nothing new but the prospect of hackers breaching our accounts to steal valuable data — or, worse still, the notion our bank […].

Data 152

Data Banking Media Social 152

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 102

Media Social Advertising Programming 102

Forrester IT

MARCH 22, 2021

Duurzaamheid, met zijn focus op ESG-beginselen (Environmental, Social & Governance), begint de politieke en zakelijke agenda’s wereldwijd te beïnvloeden. This blog post was translated, the original English post can be found here.

Social 284

Social Government Insurance Banking 284

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.

Malware 78

Malware Authentication Mobile Engineering 78

CTOvision

APRIL 11, 2014

Threats to our information are not only from malware or brute force hacks or social engineering. By Bob Gourley. Criminals are motivated to look for every advantage. Sometimes we read about very sophisticated attacks against hardware that require advanced engineering. But attacks don’t really have to be sophisticated to be successful.

Transportation 292

Transportation CTO Analysis Malware 292

CTOvision

DECEMBER 19, 2014

Separately, the tools used in the SPE attack have similarities to a cyber attack in March of last year against South Korean banks and media outlets, which was carried out by North Korea. We are deeply concerned about the destructive nature of this attack on a private sector entity and the ordinary citizens who worked there.

Malware 348

Malware Analysis Government Network 348

GeekWire

SEPTEMBER 30, 2020

I’ve always had a social justice kind of pull.”. I often say that I want Rubica to be a platform for social change,” Dewing said, as much as a business selling cybersecurity. Current location: I’m currently typing this while sitting on the bank of the Snoqualmie River. Your preferred social network?

Social 117

Social Meeting Exercises Security 117

Forrester IT

FEBRUARY 24, 2021

Sustainability – with its focus on environmental, social, and governance (ESG) principles – is beginning to dominate political and business agendas worldwide. Even before COVID-19, initiatives such as the Paris Agreement or the European Green Deal aimed to mitigate climate change.

Financial 248

Financial Social Government System 248

Tech Republic Security

AUGUST 23, 2024

A new malware called NGate allows cybercriminals to steal near field communication data from Android phones via sophisticated social engineering. The data is relayed to the fraudsters before being used to steal cash.

Malware 205

Malware Data Engineering Social 205

CTOvision

MAY 26, 2014

Many young people today interact with their financial services in ways that will never require them to visit a bank. The next posts in this series will dive into ways automation, robotics, and AI can impact government service and the social fabric of interactions between citizens and government. Extrapolate forward from that.

Government 291

Government Financial Healthcare Internet 291

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. If you suspect fraudulent activity, immediately notify your banking partner. We tell our clients, don’t be embarrassed.

Banking 104

Banking How To Financial Education 104

CTOvision

FEBRUARY 5, 2016

The collection, storage and analysis of enormous amounts of data allows us to track all of our online activity, look up and store our bank statements, shop efficiently, or engage in social media. Big Data has already become an essential part of our everyday lives.

Big Data 150

Big Data Data Banking Analysis 150

GeekWire

JANUARY 25, 2021

We cannot overlook communities that are disproportionately burdened by the economic and social impacts of this pandemic,” Jody Allen, chair of the Allen Family Foundation, said in a news release. The data from the online survey will help inform public agencies and food banks about the needs of people experiencing economic and food insecurity.

Licensing 144

Licensing Banking Survey Nonprofit 144

CTOvision

DECEMBER 30, 2014

Efficiency in communication – ultimately – means more money in the bank for just about everyone involved. Before Kato, Soroker was the third employee at Rdio, where he worked on the Big Data team, and the first employee at Connect.Me, where he helped build an innovative social reputation platform.

Enterprise 279

Enterprise Enterprise Software Software 279

The Verge

DECEMBER 20, 2021

He’s spent decades making art with an eye towards technology and its social implications, often made available as software or limited-edition product drops. It would be easy for him to bank a few million pounds by turning this generative iPad app, say, into a string of 10,000 numbered NFTs.

Banking 128

Banking Financial Social Software 128

The Verge

AUGUST 14, 2020

The technology could identify someone just from a photo and put names to faces through its trove of 3 billion images scraped from social media sites — often against the platforms’ rules. Several tech companies have sent cease and desist orders to Clearview requesting it remove any data culled from social media posts.

Company 145

Company Licensing Nonprofit Media 145

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. How do enterprises combat these threats at a broader scale and prevent persistent phishing attempts?

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Training Banking Social Malware 140