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Cybersecurity

Even as Tech Makes it Easier, Consumers Worry Over Finances

April 11 — Results from a new study indicate that less than half of consumers are satisfied with their financial health, and almost one in three consider money management a burden. However, there is evidence that people are open to new ideas and techniques for financial knowledge and well-being.

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One in Five Organizations Has Experienced Payments Data Theft in the Last Year

April 9 — More than 80 percent of organizations that have been impacted by a data breach have introduced a new security framework and 79 percent have reduced employee access to customer data, according to new data, “2018 Global Payments Insight Survey: Bill Pay Services,” from ACI Worldwide and Ovum. The benchmark, comprised of responses from executives at billing organizations such as consumer finance, healthcare and higher education, also revealed that over 70 percent of organizations that experienced theft of payments data intend to increase their investment in payments technology in 2018.

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Digital ‘Spring Cleaning’ Can Improve Security

April 9 — The National Cyber Security Alliance (NCSA) and Better Business Bureau (BBB) have teamed up to remind all consumers not to be digital hoarders and to freshen up their online lives. By conducting a digital spring cleaning and taking care of overdue online maintenance, you will be safer and more secure against losing personal information and becoming a victim of identity theft.

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Global Security Report Finds Increasing Sophistication in Cyberattacks

April 6 — The 2018 Trustwave Global Security Report — which compiles findings from billions of logged security and compromise events worldwide, hundreds of hands-on data-breach investigations and internal research — found improvement in areas such as intrusion to detection. However, it also found sophistication in areas such as malware obfuscation, social engineering tactics and advanced persistent threats is increasing.

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Retail Banks Still Lagging on Digital Transformations

March 29 — In new research released by Unisys Corp., less than a quarter of surveyed retail banks rated themselves as “optimal” in their execution of digital transformation strategy.

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