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ransomware

Advice on Anti-Ransomware Day: Prepare as if it’s any other kind of cyberattack

ransomwareIT World Canada | May 12, 2021 – If you’re well-prepared for any cyberattack you’re prepared for ransomware. “Ransomware is a disaster recovery event,” says Robert Capps, vice-president of innovation at the NuData Security division of Mastercard. “And for a lot of organizations, it’s a fairly mild one. For others, it can be business-impacting. “When you talk to CISOs about any sort of disaster situation it comes down to resiliency and recoverability. Ransomware is just a fancy disruption attack. There

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Financial institutions (FIs) are in a never-ending struggle with criminal hackers over identity fraud — and unfortunately, right now many FIs are on the losing end.

New report: Application fraud is a serious threat to financial institutions

Financial institutions (FIs) are in a never-ending struggle with criminal hackers over identity fraud — and unfortunately, right now many FIs are on the losing end.Financial institutions (FIs) are in a never-ending struggle with criminal hackers over identity fraud — and unfortunately, right now many FIs are on the losing end. According to Aite Group research, nearly half of U.S. consumers experienced identity theft from 2019 to 2020. Additionally, 37% of consumers also experienced application fraud — a method of identity fraud that involves bad actors using consumer information to create a new account for fraudulent activity. Application fraud can be a devastating experience for

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Michelle Hafner, SVP of Product Strategy & Execution at NuData Security

Fraud Prevention Against Sophisticated Attacks

Michelle Hafner, SVP of Product Strategy & Execution at NuData SecurityPaymentsJournal | May 11, 2021 – With nearly every vertical being forced to move online, fraudsters are truly expanding their horizons. COVID-19 made the world more digital, and with that digitization came many positive results—customer satisfaction, on-demand services, and contactless payments, to name a few. But with more sophisticated technology came more sophisticated cyberattacks. “While the sophisticated attacks are usually lower in volume than basic attacks, they’re much harder for common security tools to detect,” said Michelle Hafner, SVP of

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Data-Security

The Increasing Importance Of Data Security

Data-SecurityTaxgirl | May 11, 2021 – As society continues to do more online, data security is more important than ever before. That goes for your taxes and the IRS as well. In their annual report, the IRS identified $2.3 billion in tax fraud schemes in 2020. Are you protected from data security issues? Kelly is joined by Robert Capps, the vice president of emerging technologies for NuData Security — a Mastercard company. Kelly and Robert discuss the increasing importance of

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