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MY TAKE: How ‘credential stuffing’ and ‘account takeovers’ are leveraging Big Data, automation

The Last Watchdog

Related: Cyber risks spinning out of IoT Credential stuffing and account takeovers – which take full advantage of Big Data, high-velocity software, and automation – inundated the internet in massive surges in 2018 and the first half of 2019, according to multiple reports.

Big data 164
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NEW TECH: Exabeam retools SIEMs; applies credit card fraud detection tactics to network logs

The Last Watchdog

He explained how Exabeam has taken some of the same data analytics techniques that banks have long used to staunch credit card fraud and applied them to filtering network data logs. Here are a few takeaways: Very Big Data. Related: Autonomous vehicles are driving IoT security innovation. Coming of age.

Big data 157
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SHARING INTEL: Here’s why it has become so vital to prioritize the security-proofing of APIs

The Last Watchdog

Indeed, APIs have opened new horizons of cloud services, mobile computing and IoT infrastructure, with much more to come. Thompson was thus able to manipulate APIs and command line interfaces (CLIs) to a number of bank systems, including S3 buckets holding valuable data. Traditional approaches just aren’t working or can’t scale.

Big data 240
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Gulf countries came under hackers’ spotlight in 2018, with more than 130 000 payment cards compromised

Security Affairs

Group-IB Threat Intelligence team identified compromised credentials of 7 306 users from the Gulf countries in 2018 and detected the total of 138 978 compromised cards issued by the Gulf countries’ banks. Group-IB Threat Intelligence experts detected a total of 138 978 compromised cards issued by the Gulf countries’ banks.

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Financial Services Data – More at risk than you’d believe

Thales Cloud Protection & Licensing

I don’t know about you, but the prospect of my bank, IRA or 401K provider, loan servicer or other financial institution losing my data twice over the next three years is daunting. banking customers. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.

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Are Data Breaches the New Reality for Retail?

Thales Cloud Protection & Licensing

As digital transformation takes hold, the retail industry is under siege from cyber criminals and nation states attempting to steal consumers’ personal information, credit card data and banking information. Lines are now blurred between physical and digital experiences. And criminals are moving online.

Retail 66
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Fintech Cybersecurity Trends in 2021

Security Boulevard

Hastily implemented cloud data processes and security needs failing to keep pace with tech innovations have left financial data exposed. Meanwhile, greater reliance on mobile devices for everything from managing our bank accounts to checking credit scores leaves fintech users more at-risk than ever.