Nearly one-third of U.S. banking consumers use online and mobile fintech apps to help manage their money. But those users are concerned about data privacy and want more control over the financial data their apps can access, says David Fortney of The Clearing House, who reviews the results of a survey.
The B.N. Srikrishna Committee, in its report on a proposed data protection bill, spells out a number of consumer privacy rights, including the "right to be forgotten." What challenges would organizations face if these provisions become law? A panel of experts offers insights.
The latest edition of the ISMG Security Report offers an update on how Russian bots and trolls are spreading misinformation on vaccines via social media - and the public health impact of the campaign. Plus: Tips on disaster recovery, internet of things security.
Industry analysts first coined the term Identity-as-a-Service, IDaaS in 2006. But today, the vast majority of IDaaS implementations still focus on the "A" - access management - leaving organizations to piece together the rest. IBM's Michael Bunyard discusses how to put "Identity" back in IDaaS.
To comply with the EU's General Data Protection Regulations, organizations should implement several best practices, including the anonymization of data, says Sandeep Arora, former CEO at AXA Business Services, India, and co-founder of CyberImmersions Solutions.
Companies that want to continue doing business globally will need to take privacy much more seriously, especially in light of increasingly strict new laws, ranging from the California Consumer Privacy Act to the EU's GDPR, says privacy and security expert Michelle Robles.
The March SamSam ransomware attack in Atlanta is reported to have cost the city $17 million to resolve. The attackers had asked for a $51,000 bitcoin ransom, which the city refused to pay. But Gartner Research analyst Avivah Litan stresses that paying ransoms has more cons than pros.
If India's proposed data protection bill is enacted into law, Indian organizations that must also comply with the EU's General Data Protection Regulation would have to focus, first and foremost, on compliance with India's new law, says Rahul Sharma, founder of The Perspective, which focuses on cyber policy.
Unsupervised machine learning is essential to mitigate the sophisticated cross-channel fraud techniques attackers are using to take advantage of the multiple silos and security gaps at financial institutions, says ThetaRay's James Heinzman
Leading the latest edition of the ISMG Security Report: An analysis of why it may be too late to secure the 2018 U.S. midterm elections. Also: A close look at the Anthem breach lawsuit settlement and a report on ransomware recovery lessons learned.
In an exclusive, in-depth analysis, a panel of experts says the proposed personal data protection and privacy bill, prepared by the Justice B. N. Srikrishna committee, has many gaps and some provisions that could prove challenging to implement.
Kaspersky Lab has discovered a new form of malware it calls Dark Tequila that has been targeting users in Mexico and stealing bank credentials and other personal and corporate data. The malware can move laterally through a computer while it's offline, says Dmitry Bestuzhev, a Kasperksy researcher.