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How Your Organization Can Prevent Account Takeover

Security Boulevard

With the acceleration in digital spending, there’s been an increase in related cyberthreats, like account takeover. Account takeover (ATO) occurs when a malicious actor gains unauthorized access to a user’s digital identity account. ATO is often the source of data breaches, theft, and other fraudulent activities.

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Cyber Security Combo: Big Data, Machine Learning and AI

Spinone

While the potential of Big Data is vast, it might lag behind as a standalone tool to deal with hackers due to the enormous volume of data to analyze. There is a huge difference between raw data collected and meaningful insights that can benefit enterprises in their attempt to prevent cyber attacks.

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Dell notifies customers about data breach

Malwarebytes

Although Dell might be trying to play down the seriousness of the situation by claiming that there is not a significant risk to its customers given the type of information involved, it is reassuring that there were no email addresses included. So, this is another big data breach that leaves us with more questions than answers.

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SHARING INTEL: Here’s why it has become so vital to prioritize the security-proofing of APIs

The Last Watchdog

Yet, API security risks haven’t gotten the attention they deserve. The threat intelligence platforms and detection and response systems installed far and wide, in SMBs and large enterprises alike, simply are not doing a terrific job at accounting for how APIs are facilitating multi-staged network breaches. Dearth of planning.

Big data 240
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Striking a Balance: Senator Wyden's Act and AI in Healthcare

SecureWorld News

Senator Ron Wyden, D-Ore, recently proposed the Algorithmic Accountability Act, legislation that would require companies to assess their automated systems for accuracy, bias, and privacy risks. However, there are also risks. Algorithms trained on limited or skewed data may discriminate against minorities and other groups.

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The Future of Payments Security

Thales Cloud Protection & Licensing

The stolen data is used both to commit fraud directly and indirectly. For example, compromised card details are used to make unauthorized purchases online and personal details are used to take over an account or apply for a credit card in someone else’s name. Big Data and EMV 3DS. Online skimming. known fraud scenarios.

Retail 144
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News alert: AI-powered web scrapers from Oxylabs are breaking new ground in fraud detection

The Last Watchdog

“Enterprises in the finance, banking, and telecommunications sectors are the most susceptible to online fraud, but it can happen to any company,” said Vaidotas Sedys , Head of Risk Management at Oxylabs. ML algorithms scan thousands of transactions, identifying hidden correlations or patterns, an impossible task for human risk analysts.