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Consumers Value Their Social Media But Put Security Onus On Companies

PYMNTS

Social media has taken on a life of its own — so much so that a new survey finds a lot of consumers value their life online at $100,000 to priceless. That may be particularly scary since Forbes reported that Mark Zuckerberg of Facebook got his social media accounts hacked for the third time in 2016.

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Facebook To Add Two-Factor Authentication To Some Accounts

PYMNTS

Facebook will increase its security offerings, especially for high-profile users, the social media giant announced Tuesday (Dec. The company will support the use of security keys on mobile devices so anyone logging into an account will need more than just a password, a Facebook official told PYMNTS.

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Craigslist Founder Invests $5M In Former Facebook Exec’s Security Project

PYMNTS

A $5 million gift from Craiglist’s Craig Newmark Philanthropies will support a new program, led by former Facebook security expert Alex Stamos. Stamos led Facebook’s investigation into Russian interference in the 2016 U.S. The ability to do academic research on what’s happening online has never been worse,” Stamos told the Guardian. .

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Post-GDPR, Deliveroo Probed Over Data Security

PYMNTS

In 2016, customers took to social media to complain about a similar thing. Some customers complained that they’d been charged for orders they didn’t make, including one case in particular worth almost £1,000. This is not the first time that Deliveroo has dealt with this issue, either.

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Deep Dive: Striking A Balance In Digital ID Security

PYMNTS

billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. The Drawbacks of Complex Security. AI Solutions for Balancing Security and Convenience. More than 4.5

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Facebook Could Pay $100M To Settle SEC Investigation

PYMNTS

Facebook is expected to settle on Wednesday (July 24) with the Securities and Exchange Commission’s investigation into its privacy practices. . The new case was over whether the social media firm violated that decree not. . The SEC is one of several government agencies investigating Facebook and its handling of user data. .

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Registration for Bank Innovation Israel 2016 Officially Opens

Bank Innovation

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.