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Why The Data Breach Decline Is Bad News For Businesses

PYMNTS

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. But the findings aren't necessarily cause for optimism, warns ITRC President and CEO Eva Velasquez.

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Data breach a risk despite security spend, experts say

BankInovation

Financial institutions prioritize investment in cybersecurity technology but no matter how much they spend for protection, their systems and data remain vulnerable. “You could never say any organization is 100% secure and they’ll never be hacked,” Ray Kelly, fellow at cybersecurity company Synopsys Software Integrity Group, told Bank Automation News, (..)

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How Fake News Drives Corporates To Redirect Their Security Strategies

PYMNTS

The saga, along with mounting concerns over “ fake news ,” are, in many ways, pushing corporate cybersecurity in a new direction, says Kevin Lee, the trust and safety architect at cybersecurity firm Sift Science. Fake news and misinformation are top of mind right now, especially in the U.S.”

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Top News In Payments: Paytm Secures $1B In New Funding; Olo Pilots BMW In-Car Ordering

PYMNTS

In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information.

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Bitcoin Daily: XRP Falls Nearly 40 Pct On Ripple Suit News; Digital Asset Platform OSL Suspends XRP Trading

PYMNTS

Securities and Exchange Commission ’s lawsuit contending that the blockchain firm connected to the digital currency held a $1.3 billion securities offering that was not registered, CNBC reported. The SEC’s complaint centers on the contention that the digital currency should be dealt with as a security in lieu of a currency.

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Securing Teams with built-in apps in Microsoft Endpoint Manager

Perficient

Securing the app (conditional access with MFA). Since my blogs typically cover all things Microsoft Teams, we’ll discuss how you can use Microsoft Endpoint Manager to secure Microsoft Teams! Securing the App. To do this we’ll navigate to Endpoint Security and then select the Conditional Access tab. .

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Tighten up your community bank’s security

Independent Banker

ICBA’s Bank Security Institute offers critical incident response strategies to keep your physical branch location safe. However, it’s important not to let your community bank’s physical security protocols lapse. In August, ICBA hosted the Bank Security Institute. Look out for the next Bank Security Institute, coming soon.