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The cyber security threat landscape in financial services

Insights on Business

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

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Banks battling a barrage of cyber attacks

NCR

Banks are under cyber attack every day and although this sector has made great strides, their ability to detect a breach and take immediate action is still a work in progress. The Aite Group projects that card-not-present fraud alone is estimated to jump to $7.2.billion billion by 2020.

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How To Celebrate Emoji Day

PYMNTS

Sure ordering a pizza isn’t hard – but anyone who has ever been in a group where one had to be ordered has likely seen the complex game of “not it” adults will play when it comes to ordering a pizza. And, as it turns out, Emojis have uses far beyond making life less awkward for the English. A Better World (One Winky Face At A Time).

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Hacking tools, stolen credit cards advertised on Facebook groups

American Banker

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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. For many of us, we are fine losing social media photos, Twitter puns, or even our passwords.

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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. For many of us, we are fine losing social media photos, Twitter puns, or even our passwords.

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BA To Reveal Fine Print On GDPR Fines?

PYMNTS

Consider the fact that the stolen data, as reported in Forbes and other publications, was garnered through a script that helped the bad guys “skim” payment pages, and the methodologies have brought some observers to conclude that the hackers belong to Magecart, the group behind the Ticketmaster breach. Other Financial Impacts Loom.

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