Tag: Security

Cybercrime weighs most heavily on financial service firms

February 22, 2018

While not the most frequent victims of cybercrime, firms in financial services are facing higher costs relating to such incidents when compared to businesses in any other sector, a study by Accenture and the Ponemon Institute has found. The financial services industry was found to incur cyberattack-induced cost of nearly $18.3 million per firm in 2017 … More Cybercrime weighs most heavily on financial service firms

Are selfies dangerous? Teach your kids about this

February 21, 2018

Think that selfies are something new? Think again. Leonardo da Vinci, Rembrandt and Vincent van Gogh are just some of the renowned painters who ’took’ their self-portraits hundreds of years ago. They didn’t even need the technology of smart devices and social networks. But there was one other difference, which is more important today than … More Are selfies dangerous? Teach your kids about this

Millions bagged in two bank cyber-heists

February 20, 2018

Russia’s central bank disclosed on Friday that hackers had made off with the equivalent of $6 million from a Russian bank last year by co-opting the banking industry’s global payments messaging system known as SWIFT, Reuters has reported. The cyberattack at the unnamed bank took place at some point last year, according to the news wire, … More Millions bagged in two bank cyber-heists

Worried about your kids’ webcam use? You have every right to be

February 19, 2018

Laptops, smartphones and tablets – you can hardly find a connected device without a camera these days. Thanks to technological advances, it now doesn’t matter if your friend lives down the street or on the other side of the world, a webcam lets you have an (almost) face-to-face chat anytime. Video calls, selfies, vlogging, and … More Worried about your kids’ webcam use? You have every right to be

Concerns about data breaches hitting all-time high

February 16, 2018

Organizations from various industries across the globe are increasingly hip to the magnitude of the problem posed by data breaches, with 44% of them feeling “very” or “extremely” vulnerable to data threats, according to some of the key takeaways from the global edition of Thales’ 2018 Data Threat Report. This is a sharp increase from 30% … More Concerns about data breaches hitting all-time high