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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. 52% of companies with more than $10 billion in revenue were hit with fraud. Table of Contents Why Use Fraud Management and Detection Tools?

Analytics 113
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UK regulators’ strategic approaches to AI: a guide to key regulatory priorities for AI governance professionals

Data Protection Report

The AI update was published alongside a speech by chief executive Nikhil Rathi announcing the FCA’s plans to focus on Big Tech and Feedback Statement FS24/1 on data asymmetry between Big Tech and firms in financial services. See our update on the FCA’s plans for further detail.

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

CyberheistNews Vol 13 #13 | March 28th, 2023 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks Users need to adapt to an evolving threat landscape in which attackers can use AI tools like ChatGPT to craft extremely convincing phishing emails, according to Matthew Tyson at CSO. "A doing so in 2022, a 93% increase.

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CyberheistNews Vol 13 #07 [Scam of the Week] The Turkey-Syria Earthquake

KnowBe4

In addition to mandatory and routine training and security tools, the best way to ensure employees are vigilant about potential risks is to help them reframe their online mindset while encouraging them to leverage critical thinking in evaluating and defending against internal and external threats," Watson says. You're not alone.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The New York State Department of Financial Services recently amended its annuity suitability regulation to apply a “best interest” standard in connection with both life insurance and annuity transactions with consumers.

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CyberheistNews Vol 13 #25 [Fingerprints All Over] Stolen Credentials Are the No. 1 Root Cause of Data Breaches

KnowBe4

In 2022, they reportedly stole around $1.7 link] [Heads Up] Microsoft Warns Against a Sophisticated Phishing Attack That Targeted Large Banks and Top Financial Organizations Microsoft describes a sophisticated phishing campaign that targeted large financial organizations. Cryptocurrency thefts have hit an all-time high of $3.8

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

This article looks at the top 40 cybersecurity startups to watch in 2022 based on their innovations in new and emerging technologies, length of operation, early funding rounds, scalability, and more. We’ll start with the top 10 overall and then look at other noteworthy startups in a number of markets. Series B SECURITI.ai