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

The Last Watchdog

Unauthorised transactions made with the help of lost or stolen credit cards, counterfeit cards, ID document forgery and identity theft, fake identification, email phishing, and imposter scams are among the most common types of payment fraud today.” Cloud technologies also play an important role in the latest anti-fraud developments.

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Cyber Security Combo: Big Data, Machine Learning and AI

Spinone

The main goal of advanced mechanisms to combat the growing numbers of attacks is to identify the weak points before the hackers do. From identity theft to credit card numbers being taken away, Machine Learning and Artificial Intelligence play an instrumental role in establishing new standards for cyber security.

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Fintech Cybersecurity Trends in 2021

Security Boulevard

When the pandemic struck, online bad actors took it as an opportunity to double-down on their attacks through ransomware, malware, and social engineering. Now, cybersecurity may just be the most important aspect of financial technology (fintech) in the modern world. Here’s what you should know. . Regulatory technologies (Regtech). .

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Top 5 Industries Most Vulnerable to Data Breaches in 2023

Security Boulevard

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. The end result of these types of cyber attacks are often highly public and damaging data breaches.

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Hackers access DNA data of over 2 million patients

CyberSecurity Insiders

The good news is that the firm that also into COVID-19 detection has immediately secured the database and neutralized the cyber attack consequences within hours, before any big data disaster could occur. DDC has notified those who were affected by the cyber incident.