BFC Bulletins Monthly News Digest

More than 30 technology companies, including Facebook and Microsoft, are planning to announce their refusal to take part in possible cyberattacks organized by any government. This includes attacks against citizens, …

The interaction of technologies (i.e. the “internet of things”) is already actively happening, and the results look very interesting. Even in the case of people’s everyday lives, the prospects are …

With the global cybersecurity battle growing increasingly sophisticated and merchants’ demand for personalized customer data rising, Walmart and other corporate giants have decided to invest in Team8, a cybersecurity think …

Just how well-equipped are businesses at recognizing their customers’ identities online? What types of investments are they making in customer recognition? And to what degree are they able to accurately …

Check out how cybersecurity startup Darktrace is using artificial intelligence to fight cybercriminals that attack corporations. The heads of Yandex, Tinkoff and Severstal discuss technological developments Video: Big Data challenges …

NetGuardians, a Swiss cybersecurity specialist, is bringing its fraud fighting solutions to Zimbabwe’s Steward Bank (formerly TN Bank). Steward Bank will integrate NetGuardians’ platform with its core banking system, meaning …

Europol has announced the arrest of 95 professional fraudsters and members of internet-based criminal networks suspected of online fraud activities as part of its 2018 e-Commerce Action. The suspects arrested …

PrivatBank has launched a new system that allows users to securely change their PIN codes online, a measure that will help protect customers from card-related fraud. The system will also …

Smart leaders know that their entire team needs to be well-educated on the importance and best practices of cybersecurity if they hope to protect their data. Here are 10 tips …

Demand for cybersecurity has grown into a USD 96 billion industry, and cybercrime costs have risen to an estimated USD 600 billion annually. One new innovative solution to combat cybercriminals …

Most security incidents that lead to confidential data being compromised are the result of companies failing to evolve their security programs to match new technologies.  Following these five principles will …

Cybersecurity is becoming more and more vital to how we live. Here are six up-and-coming cybersecurity tools to keep an eye on in 2019: SafeBlocks – SafeBlocks offers real-time protection …

The outside-in mindset (where cyber threats are treated as external influencers) leaves financial institutions in a reactive mode and needs to change. The inside-out approach (where cybersecurity is aligned to …

Partnerships between financial institutions and FinTechs must go beyond the customer value proposition and provide embedded cybersecurity at all stages of the customer journey. Open APIs present an incredible opportunity …

Researchers have found that companies take an average of 30 days to close known vulnerabilities and that many others delay the installation of updates for several months. This is alarming …

Follow the story of Tim as he deals with the aftermath of posting a seemingly innocuous piece of digital information online. Combating cybercriminals with bug bounty platforms The 2018 Global …

Phishing is a massive global issue that more than 12 million internet users fall victim to each year. Typically, cybercriminals trick users into visiting a fraudulent website where they then …

Biometric technology such as fingerprint and facial recognition have been heralded for years as a replacement for passwords. While this may be true in the distant future, there are a …

In 2017, cyber-attacks caused at least USD 1 million in damage to Kazakhstanis. The exact extent of damages is unknown due to the lack of open data; however, some estimates …

It’s no secret that cybercrime in the world is developing at a rapid pace, with cybercriminals becoming better in their attacks and in ways to tricking people and systems. In …