Security News
GTB, a global, industry-leading communications agency, announced that Kevin Krupski has been named global chief financial officer, overseeing a finance team that spans 6 continents and over 50 offices worldwide. Prior to this appointment, Krupski's role was SVP, client finance lead at Digitas for both the Boston and Detroit offices as well as group client finance lead for a top holding company assignment.
Financial phishing has increased in frequency and accounted for more than half of all phishing detections last year, Kaspersky says. Last year, financial phishing accounted for 51.4% of all phishing detections, an increase from the 44.7% share it saw during the previous year.
To effectively address this critical need, NICE Actimize, the leader in Autonomous Financial Crime Management, announces the launch of KYC Xpress, a cloud solution which automates manual KYC procedures, dramatically increasing the speed of KYC processes by more than 80 percent. NICE Actimize KYC Xpress automates these processes - enabling teams to quickly perform KYC checks with confidence, reducing many hours of manual steps to minutes and minimizing errors by up to 40 percent.
SiFive, the leading provider of commercial RISC-V processor IP and silicon solutions, announced that Shubham "Sam" Maheshwari has joined the company as Chief Financial Officer. Maheshwari will lead SiFive financial operations to enable sustainable company growth in support of industry needs and new market opportunities.
Outsourcing your endpoint protection can deliver positive returns by improving operational efficiency and minimizing risk, but it's not always easy to prove the business case. This guide delivers specific guidance on how to calculate savings in the context of your organization's risk while accounting for size and industry.
Researchers are warning of an upward surge in social-engineering lures in malicious emails that promise victims financial relief during the coronavirus pandemic. This latest trend shows cybercriminals continuing to look to the newest developments in the coronavirus saga as leverage for phishing campaigns, targeted emails spreading malware and more.
STANLEY Security, a global integrator of comprehensive security solutions, appointed Chadi Chahine as Chief Financial Officer on March 18. "Chadi will be a pivotal member of the STANLEY Security team, leading the overall financial strategy and planning while also laying the groundwork for future corporate initiatives," said Robert Raff, President of STANLEY Security.
A now-defunct mobile app for loaning money to small business owners has been pinned down as the source of an exposed archive containing roughly 500,000 personal and business financial records. The research team at vpnMentor said it traced an exposed database of financial records back to a former Android/iOS app called MCA Wizard, developed jointly by Advantage Capital Funding and Argus Capital Funding back in 2018.
One-third of financial services organizations lack a clear plan or the resources to address privacy risks related to customer data in the next 12 months, according to a report by Accenture. It focuses on how companies should rethink how they use, store and protect customer data as recently implemented regulations, including the General Data Protection Regulation and the California Consumer Privacy Act, give consumers explicit privacy rights.
Researchers say two financial services companies have exposed over 500,000 sensitive legal and financial documents by storing them in an unprotected AWS S3 bucket. VpnMentor's research team discovered the exposed database in December 2019.