Security News
Accertify announced the launch of a new solution designed to help organizations address the significant rise in fraudulent online account openings and account takeovers. Fraudulent account openings, using stolen or fake names and information to open an account, and account takeovers, defined as unauthorized access to accounts, are two types of identity theft that are concerningly on the rise.
RSA announces that NewDay has selected and deployed RSA Adaptive Authentication for eCommerce to deliver advanced fraud protection for digital payments and address the requirements of the EMV 3-D Secure protocol. RSA Adaptive Authentication for eCommerce helps card issuers and payments processors prevent more than 95 percent of fraud in card-not-present e-commerce transactions and provide a frictionless authentication and shopping experience for cardholders.
Digital transformation has widespread support among managers and employees, but some think that the pace of change at their companies could be faster, they could be more involved than they are, and they are unsure of how it will affect their jobs or pay, according to a global survey by Boston Consulting Group. People at all levels believe that the transformation to digital technologies and methods has helped their organizations weather the effects of the coronavirus pandemic and will aid recovery efforts, according to the survey of 5,250 people working at companies in China, France, Germany, the UK, and the US. Despite the generally positive attitudes, much work remains to be done in order for managers and employees to feel comfortable with changes tied to the digital transformation.
Green House Data announced a strategic alignment with Zerto to accelerate digital transformation initiatives centered around hybrid cloud resilience and multi-cloud application migration. Zerto is an industry leading software solution that replaces legacy solutions with a single platform to enable disaster recovery, data protection, and workload mobility across hyperscale clouds, hosted services, and on-premise data centers.
NETSCOUT SYSTEMS announced that it is collaborating with Oracle to help customers gain end-to-end visibility for service assurance and security of mission-critical applications and services across their hybrid cloud infrastructures. NETSCOUT's vSTREAM and virtual nGeniusONE are now available from the Oracle Cloud Marketplace, offering Oracle Cloud customers best-in-class application visibility and the ability to leverage authentic information contained in application and network traffic for real-time telemetry.
As the professional world moves increasingly online, Bitdefender announces the global launch of Bitdefender Digital Identity Protection, the service that lets freelancers, self-employed, consultants and even private individuals control their online reputation. Digital Identity Protection taps the award-winning security technology of Bitdefender, perfected over two decades of service in the fight against cybercrime, to let individuals stay ahead of the growing legions of data thieves and fraudsters who use personal information to damage reputations, take over accounts or steal money, leaving victims on the hook.
Western Digital announced new solutions that provide the foundation for next-generation data infrastructures designed around Ultrastar NVMe SSDs and supercharged by NVMe-oF. Building upon the company's innovative design and integration capabilities - from NAND Flash to storage platforms - the new dual-port, performance Ultrastar DC SN840 NVMe SSDs and in-house RapidFlex NVMe-oF controllers are standalone solutions that combine to create the new OpenFlex Data24 NVMe-oF Storage Platform, a new shared storage JBOF enclosure that extends the value of NVMe to multiple hosts over a low-latency Ethernet fabric network. These new solutions further expand Western Digital's data center portfolio to help customers transition to higher efficiency NVMe SSDs and more advanced shared storage architectures to meet the evolving demands of performance-driven applications and workloads.
Visa said it created the Advanced Identity Score to reduce the amount of digital identity fraud. The company described Advanced Identity Score as an effort to combine "Visa's artificial intelligence and predictive machine learning capabilities with application and identity related data to generate a risk score for new account applications to help reduce fraud, prevent negative impact to brand loyalty and trust, and eliminate operational costs due to remediation."
As Australia reels under sustained cyber attacks following increased Chinese diplomatic hostility, the country's Lion brewery and dairy conglomerate has been hit for the second time. The Sydney Morning Herald reported that Lion told its staff today "It had been hit by a second cyber attack that had further disrupted its IT systems."
While digital transformation is understood to be critical, its rapid adoption, as seen with cloud providers, IoT and shadow IT, is creating significant cyber risk for most organizations. Digital transformation is increasing cyber risk, and IT security has very little involvement in directing efforts to ensure a secure digital transformation process.