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Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud; Amazon Focuses On Fulfillment After Record Quarter

PYMNTS

In today’s top news, Mastercard reveals its AI tool Cyber Secure to help banks fight cyber breaches, and Amazon reported record-setting earnings. Mastercard’s Cyber Secure Uses AI to Help Banks Fight Cyber Fraud. Likewise, Alphabet reported a strong Q3, thanks in large part to renewed consumer spend.

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Will 5G Be Secure Enough During Early Deployments?

PYMNTS

As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. 5G Security Holes? As well, the 21-page report found that 5G “security goals are underspecified,” among other problems. Government Role?

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Halloween Happenings – What’s scaring your Risk, Privacy & Security Professionals?

ForwardBanker

Hacking and data breaches have continued to dominate media headlines, putting a stronger emphasis on Cyber Security. This past week, over 400 attendees at the 14th annual Executive Women’s Forum, conference with a theme focused on. The post Halloween Happenings – What’s scaring your Risk, Privacy & Security Professionals?

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How Does ChatGPT Describe the Economy and Banking?

Jeff For Banks

At Bank Director's Acquire or Be Acquired conference , I had a sidebar conversation with a longtime friend and banking industry investment banker about ChatGPT, which stands for Chat Generative Pre-Trained Transformer. Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack.";

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“Humanware” Is the Weak Link in Cyber Defenses

FICO

But what dominated the discussion among more than 40 business continuity and cyber security experts was not malware but “humanware” — that is, people. FICO’s own security team just ran an exercise where employees got an email with the subject line “Package Undeliverable.” FICO is taking a much more active role in cybersecurity.

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CSBS Launches Three Online Tools for the Financial Services Industry

CFPB Monitor

On August 21, 2019 the Conference of State Bank Supervisors (“CSBS”) launched three new online tools designed to help non-bank financial services companies navigate state regulations and protect against cyber security risks: a State Regulatory Guidance Portal, a State Survey Map of Money Transmission Laws, and Cybersecurity 101: A Resource Guide for (..)

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3 Reasons to Visit INFORMS 2016, April 10-12, in Orlando

FICO

The INFORMS conferences continue to unveil game-changing approaches that businesses are using advanced analytics such as optimization to literally transform lives and businesses. Also, Scott Zoldi, FICO’s CAO and a renowned thought leader on fraud analytics, will speak as part of the event’s Fraud Detection and Cyber Security track.