Keeping organizations safe from attackers and staying one step ahead of them is a tough proposition, and hence identifying threats accurately with integrated user behavioral analytics and artificial intelligence makes tremendous sense as this can save invaluable investigation time.
The Reserve Bank of India is proposing that financial technology firms be allowed to test new products and services that might require the relaxation of certain compliance regulations in what's called a "regulatory sandbox" approach.
Facebook has fixed a security vulnerability in its digital marketplace that could have been abused to identify the precise location of a seller, and by extension, their goods. Police warn that thieves regularly trawl location data to find the owners and locations of high-value items.
Germany's competition authority, the Bundeskartellamt, has prohibited Facebook from combining user data from different sources unless users consent, and it has also prohibited Facebook from blocking users who do not provide this consent. Facebook has one month to appeal the antitrust decision.
Block chain, artificial intelligence and machine learning can all play a role in ensuring the security of health data and preventing fraud, says Ajit Ashok Shenvi, director of big data and analytics at Philips' Innovation Campus in India.
Warning: Attackers behind the recently revealed Facebook mega-breach may still be able to access victims' accounts at some third-party web services and mobile apps, and Facebook has offered no timeline for when a full lockdown might occur - although there are no signs of third-party account takeovers.
Artificial intelligence and machine learning will have a significant impact on lowering the cost of securing an organization because it will reduce the need for advanced skillsets, predicts Rapid7's Richard Moseley.
An ongoing security operations center challenge is trying to get the right data to the right person at the right time. The problem is compounded by there being "too much data and not finding the right people to deal with the data," says Mischa Peters of IntSights. What can help?
Numerous technology firms now offer facial biometrics recognition search tools for big data sets. But information security expert Alan Woodward warns that these big data sets must be "considered and regulated very heavily" or else we'll be "living in 1984 without knowing it."
A computer security researcher has discovered a vast marketing database containing 340 million records on U.S. consumers. The database is the latest in a long line of databases to have been left exposed to the internet without authentication, thus putting people's personal data at risk.
Hybrid cloud adoption is accelerating within the financial services industry and few organizations have a solid understanding of how to secure hybrid cloud.
Most companies employ an array of cloud services from an array of providers, each with its own set of security controls, frameworks and products that increase...
The regulator and legislative fallout of the global financial crisis continues to place intense pressure on the financial industry.
Not only is the volume of regulations growing, so is their complexity a result of the diverse and inconsistent array of regional and jurisdictional mandates being imposed on financial...
As big-data analytics matures, it will play a bigger role, but security information and event management software, or SIEMs, will also remain essential, contends Gary Warner, director of research in computer forensics at the University of Alabama at Birmingham.