October 24 – Executives from the Internet of Things (IoT) and security industries recently gathered in Chicago for the Smart Card Alliance’s 2016 Security of Things conference, where they provided insights and perspectives on security, privacy and authentication in the rapidly growing IoT ecosystem.
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October 6 – The ATM Industry Association has published Best Practices for ATM Physical Security Version 3 to update members on counteracting current global threats.
September 30 – Recognized every October, National Cybersecurity Awareness Month (NCSAM) was created as a collaborative effort between government and industry to ensure all digital citizens have the resources needed to stay safer and more secure online while also protecting their personal information.
By Chris Tuckness
Last year, it was reported that Russian hackers had stolen more than 1.5 billion username and password combinations. You might think your company is safe, but are you sure about that?
June 27 – Mobile wallet adoption is projected to climb to 90 million users by 2019. While mobile wallets are already affording consumers new, convenient ways to pay, they are also providing new opportunities to fraudsters. Last year, 112,000 consumers became victims of mobile-wallet related account takeover; as more banks prepare to launch mobile wallets, security is the leading consideration for consumers. (more…)
June 16 – Technavio analysts forecast the global two-factor biometrics market is expected to grow at a CAGR of almost 23 percent during the forecast period, according to their latest report.
June 13 – A new study from Juniper Research has found that eCommerce merchants and financial institutions will be investing heavily in online fraud detection solutions over the next five years, with annual spending reaching $9.2 billion by 2020, up by 30% on current levels.
June 1 – Lumeta Corporation, a leader in network situational awareness, has released the findings of a survey that targeted 5,000 U.S. IT executives responsible for network security and network management of large enterprise networks. The research revealed that, in terms of cybersecurity breach detection, there is a large disconnect between IT professionals’ needs and today’s realities. The overwhelming majority (90%) of IT professionals indicated they want to detect cybersecurity incidents that lead to breaches of their network within a day, 7% said less than one week would be an acceptable timeframe, 3% said less than one month. However, industry data shows the average duration of a breach is more than six (6) months.
May 31 – Technavio research analysts are forecasting positive growth for many segments of the global IT security market over the next four years as several markets, including BYOD security, mobile payment security software and contactless smart card market in banking sector, will witness an increase in revenues.