Tue.Jul 04, 2023

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Banking Tech Forecast: Cloudy, With a Chance of Cyber Risk

Data Breach Today

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries. Security and payments experts with overlapping skillsets unpack the challenges and how to deal with them.

Risk 265
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Hackers stole millions of dollars worth of crypto assets from Poly Network platform

Security Affairs

Poly Network platform suspended its services during the weekend due to a cyber attack that resulted in the theft of millions of dollars in crypto assets. Threat actors have stolen millions of dollars worth of crypto assets from the Poly Network platform during the weekend. The platform suspended its services due to the cyber attack to investigate the security breach and assess the extent of the incident.

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Cloudy, With a Chance of Cyber Risk

Data Breach Today

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries. Security and payments experts with overlapping skillsets unpack the challenges and how to deal with them.

Risk 240
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List of Data Breaches and Cyber Attacks – June 2023

IT Governance

IT Governance found 79 publicly disclosed security incidents in June 2023, accounting for 14,353,113 breached records. You can find the full list below, divided into four categories: cyber attacks, ransomware, data breaches, and malicious insiders and miscellaneous incidents. Also be sure to check out our new page, which provides a complete list of data breaches and cyber attacks for 2023.

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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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Who Should Pay for Payment Scams - Banks, Telcos, Big Tech?

Data Breach Today

Making the Case for Penalizing Social Media Firms for Authorized Push Payment Scams Big banks want social media firms to take accountability for scams taking place on their payment platforms, but that doesn’t mean reimbursing victims. Banks need to take the lead in making victims whole quickly. Big tech and telcos need to kick out the scammers from their platforms.

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Hackers Steal and Sell Victims' Bandwidth Using ProxyHacking

Data Breach Today

Attackers List Compromised Servers on Bandwidth Sharing Platforms for Profit Cyber crooks are performing server hijacking or proxyjacking to make money from the sale of their victims' compromised bandwidth on proxy networks, a new report by security firm Akamai finds.

Sales 130
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MOVEit attack on Aon exposed data of the staff at the Dublin Airport

Security Affairs

Personal data of the personnel at the Dublin Airport was compromised due to a MOVEit attack on professional service provider Aon. Data of about 3000 employees of Dublin Airport (DDA) were compromised after professional service provider Aon fell victim to a MOVEit Transfer attack. Dublin Airport notified local authorities and Ireland’s Data Protection Commission.

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Transform your call center into a revenue-generating powerhouse with agent experience management

OpenText Information Management

By prioritizing enhancement of the agent experience, call centers can unlock their potential to deliver outstanding customer service, drive sales, and achieve revenue growth. This approach recognizes that investing in the well-being and empowerment of call center agents can have a direct impact on the overall success of the organization. By providing agents with the … The post Transform your call center into a revenue-generating powerhouse with agent experience management appeared first on

Sales 52
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AI adoption and knowledge Gap in libraries and knowledge management

CILIP

AI adoption and knowledge Gap in libraries and knowledge management Some sectors are already far ahead of others in the adoption of AI, with legal, academic, and health libraries already using the new technology for a range of activities from service enhancement to improving processes such as digitalisation and analysis work of physical archive material.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Neo_Net runs eCrime campaign targeting clients of banks globally

Security Affairs

A Mexican threat actor that goes online with the moniker Neo_Net is behind an Android malware campaign targeting banks worldwide. A joint study conducted by vx-underground and SentinelOne recently revealed that a Mexican threat actor that goes online with the moniker Neo_Net is behind an Android malware campaign targeting financial institutions worldwide.

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Corporate AI Governance and the Path to Explainable AI

erwin

Artificial Intelligence (AI) has been making great strides in the last few years and it quickly arose to global prominence with the launch of OpenAI’s ChatGPT. It has been reported that ChatGPT is the fastest growing consumer software application in history as it gained over 100 million users in just two months. Concerns with AI governance However, this breakthrough has also raised questions and concerns around how AI models like ChatGPT are monitored, governed and regulated.