As more organizations have started to adopt digitalization, cybersecurity has become increasingly important. Considering the magnitude and scale at which hackers are targeting corporate credentials, there is no better time for businesses to make sure that their cybersecurity and data protection measures are up to par....
As the Internet of Things (IoT) continues to grow in popularity, so does the need for IoT cybersecurity. IoT refers to the interconnected network of devices, vehicles, and appliances that can communicate with each other via the Internet without the need for human intervention. This...
Financial Institutions are and will be the number one target of cyber criminals considering the reward of data and most importantly, money. Cyber security is not only restricted to IT organizations but is also important for every single business. But, for banks, it holds important...
As we are at the onset of a new year ahead, let’s revisit some cyber-attacks and lessons learned to be taken forward. We will be sharing expert comments, vulnerabilities, and attacks that have made businesses worry, sharing cyber hygiene tips and best practices to follow...
Recent cyberattacks on Uber, SolarWinds, Colonial Pipeline, and data breaches of Twitter, Dropbox, Amazon RDS worldwide have forced Security experts and businesses to be on their toes to find ways to prevent them. While most cybersecurity initiatives are focussed on threat detection and response, prevention...
BEC or Business Email Compromise (also known as the man-in-the-email attack) is a phishing attack in which financially-motivated adversaries trick unsuspecting executives and employees into making payments or sending sensitive data to fraudulent accounts. The criminals behind BEC send convincing-looking emails that might request unusual...
The digital information era has seen exponential growth in terms of data being collected, managed, and distributed across organizations. Websites, applications, and social media platforms often collect and store personal data about users in lieu of providing free services. However, some applications and platforms may...
Fintech is a term used for ‘financial technology’, which is the application of new technological advancements to products and services in the financial industry. Financial services companies deal with highly sensitive personal and business information through services such as digital banking, digital payments, insurance services,...
Digital innovations and trends in financial technology or the Fintech industry are revolutionizing how people, financial organizations, and banks manage their money and conduct business transactions. Post-pandemic era has drastically changed how people engage with finances. The COVID-19 pandemic has favored the techno-finance sector, which...
In a Business Email Compromise (BEC) exploit, the attacker typically uses the identity of someone on a corporate network to trick the target or targets into sending money to the attacker’s account. The most common victims of BEC are usually companies that utilize wire transfers...
