The WEF initiative recognizes the IGCI's Cyber Fusion Centre as an effective global information sharing platform against cybercrime. Reaffirming the Organization’s commitment to the initiative, INTERPOL and the WEF will co-host a workshop dedicated to the implementation of the initiative's recommendations at the IGCI in Singapore.
From a technology stand point, there are many vulnerabilities that could cause problems for your banking apps across the software development cycle (SDLC). These occur at the customer facing, front-end of the app as well as the back-end, within the device and the banking app level, and mean that banks need to ensure that apps have advanced authentication, including integrations into Active Directory, Oauth - and the like - built into their software development; as well as compliance with all the necessary essential industry standards, like PCI, SOX, HIPPA, Common Criteria and so on.
Security remains one of the top unresolved challenges for businesses. Billions of dollars have been spent on security technology over the last 30 years, yet hackers seem to be more successful than ever. Every organization is now under extreme threat, all the time.
As companies continue to redefine IT processes to cope with the semi-structured and unstructured data that characterize big data, they are also recognizing that standard data security practices that grew up with fixed-record, transactional data no longer address every big data security concern.
Catastrophic data breaches are affecting large enterprises at an alarming rate. When an organization is hacked, information including usernames, passwords and email addresses, as well as personally identifiable information (PII)—like a person’s date of birth—are all at risk. Breaches like these affect millions of users and are becoming increasingly widespread.
Data science experts and big data enthusiasts are excited and prepared for a future that's becoming increasingly connected to the web.
An Alibaba-backed mobile security start-up from Singapore will soon introduce, with a government agency, another form of mobile authentication to tighten security as more transactions are being done online.
Smart cities are coming.
Municipal governments around the globe are employing big data and Internet-of-Things applications to improve many aspects of daily life. Major tech companies like IBM, Cisco and Microsoft are in on the trend, and are battling for a slice of the $15 billion that's projected to be spent on software by 2021, according to Juniper Research.
BEIJING: China is to begin taking fingerprints of all foreign visitors as it steps up security on its borders, the Ministry of Public Security said on Thursday (Feb 9).
The fingerprinting of foreigners will be introduced at Shenzhen airport in the south from Friday, and it will then be gradually rolled out at other entry points around the country, the ministry said in a statement.
There are hundreds of security vendors across the security stack. You have providers for cloud, email, network and endpoint security, as well as threat, malware and DDoS protection, among phishing and whaling protection, insider threat detection and a whole lot more.
The trouble is, a huge number of these solutions don’t ‘play’ well with one another, with this often making life difficult for security teams adopting these technologies.
Researchers have found that while brainwave authentication can be used as an alternative to passwords, being inebriated could make it more difficult for an individual to successfully login to a system, according to a report by New Scientist.
Biometrics as a technology has been in use for sometime but in limited ways. Its adoption in India, especially in the enterprise has not been as rapid. The advent of Digital India and especially the scenario, post-demonetization can speed up the process.
There were approximately 5.6 million incidents of fraud and cybercrime in the UK last year, new figures from the Office for National Statistics (ONS) have revealed. Of that number, two million incidents related to computer misuse offences, highlighting how problematic this type of criminal activity has become.
The WEF initiative recognizes the IGCI's Cyber Fusion Centre as an effective global information sharing platform against cybercrime.
As the guardians of customers’ most sensitive data, banks are trusted to provide the gold standard in data security. And for most banks, that means a multi-factor authentication process combining passwords with PINs or security questions. But is that enough?
Unmanaged risks from supercharged connectivity and the IoT, crime syndicates' quantum leap with crime-as-a-service, compliance risks from new regulations, and brand reputation and trust as a target will be the top four global security threats businesses will face in 2017.
Technology has navigated from being just a tool to make lives simpler to actually becoming our lives. Backed by the growing number of digital natives, digitisation has become mainstream. It has helped organisations create a digitised environment with innumerable innovative solutions and applications
Mastercard expects to launch in 2017 its "selfie" function to verify online transactions in Singapore and parts of Asia. This function, known as Mastercard's Identity Check, will allow consumers to use facial recognition technology to match selfies against facial identification, ensuring that the online transactions
In the area of security and fraud , there has been a consistent trend in the development of verification and authentication technology. How this trend will continue to impact the digital economy 2017 will be critical. The EMV liability shift in the US was widely predicted to see a spike in CNP fraud in the US
The increased appetite for mobile payments and mobile remittances on a global scale is a big incentive for payments companies and financial institutions to implement secure and mobile-optimized identity verification processes that keep valuable mobile customers engaged.
Advancements in biometrics will radically transform the driving experience, health wellness and wellbeing (HWW), and security of vehicles by 2025, research firm Frost & Sullivan predicts. As one in three new passenger vehicles begin to feature fingerprint recognition, iris recognition, voice recognition
Attempts to spread fake news cannot be avoided; a great cyber wall cannot be created to protect us from every cyber attack and the changes to society brought about by fast-paced technological change cannot be stopped. Therefore, the best solution is to develop resilience all through society
Officials from the Solomon Islands have launched what they have called the first ePassport system in the South Pacific region. Prime Minister Manasseh Sogavare officially launched the e-passport system on Thursday, at the Honiara International Terminal.
CUTTACK: A state-of-the-art cyber forensic division will start functioning at the State Forensic Science Laboratory in Bhubaneswar from March 2017, said special DG (crime branch) B K Sharma.The new cyber forensic division will ensure efficient and timely investigation of cyber crimes cases.
Consumer applications represent 66 percent of the total hardware biometrics market today, compared with only 2 percent in 2010.The consumer sector will continue its strong growth at 10.4 percent compound annual
Britain’s Luton Airport has responded to increasing demand by installing five new biometric ePassport gates. The facial recognition-enabled gates bring the total number at Luton to 15. The airport recorded a 13 per cent increase in passengers in November, its 32nd consecutive
The National Institute of Standards and Technology (NIST) plans to add over 200,000 Android and iOS apps to a software library that helps digital forensics investigators target potential evidence.NIST, the government-funded
The Myanmar government is conducting a pilot project to substitute paper National Registration Cards with “smarter” digital identification cards in Naypyidaw and Mandalay.Speaking in the country’s assembley, Minister U Thein Swe revealed details of the project
Update in app allows users to log in by using biometric authentication, including fingerprint, voice, and facial recognition. This should help alleviate the kinds of security concerns that can hinder adoption of mobile banking apps. Security concerns are common with nonmobile banking users.
NEW DELHI: With more and more people logging into e-wallets or m-wallets for daily payments, the target for hackers has increased exponentially, experts warn, suggesting that upgraded security is the only way to safeguard millions of first-time users and small
Most iOS apps in the enterprise pose potential security risks, according to research by Appthority. Only 3% of the top 200 iOS apps installed on enterprise devices worldwide have fully implemented Apple’s coming data encryption requirements research shows.
Biologically-based verification methods — voice verification, facial recognition, fingerprints, retina scanning — are not only simple for consumers to use, but also far more difficult to maliciously compromise than other security methods. Biometric-based verification
The UK’s Home Office announced it will provide more than £26 million in additional police transformation funding in support of 28 projects or technology plans over the next three years, including a joint forensics and biometrics program, as well as a national data analytics focus, according to a report
Increased utilization of computers across various industries and for numerous applications, the risk of cyber-crimes has been sharply increased lately.
Biometric authentication is now ready to move beyond fingerprints alone and use a range of identifiers, from facial recognition to voiceprints. These methods will become part of many more consumers' lives, installed on an estimated 190 million mobile devices
Information from home surveillance cameras to help fight crime in local communities.The Las Vegas Metropolitan Police Department is hoping you'll share some information with them about your cameras to help them fight crime in your community.
Lately Big Data has been put to use in the ongoing battle to stay one step ahead of the hackers and malicious actors. Today, advanced analytics and cutting edge technology such as machine learning are put to work
Eye scanners, fingerprinting, and other biometrics may soon be coming to a car near you. The market for biometric vehicle access systems, currently at an estimated $442.7 million, is projected to nearly double by 2021
Cybersecurity is now a top concern for businesses, but the reality is that it should have been on their radar years ago. Why did businesses wait so long to invest in cybersecurity? Cybersecurity is an increasing concern in the enterprise as the number of high-profile breaches
By working separately, these two teams aren't operating as efficiently as they could and are missing huge opportunities. Security and privacy teams have equally important jobs:to understand and identify any risks to an organization through their respective focuses.
Boiling down to industries, nowhere are innovations emerging as quickly than in the financial services landscape, where financial technology (FinTech) is blazing through and disrupting traditional structures
SINGAPORE — Laptops, personal computers, tablets, smart home automation devices and apps, as well as drones may be among the most popular gifts during the festive season, but they are also the most vulnerable to security risks.
Connected home devices occupy the wild west in terms of security and privacy practices; there's little to no regulation in terms of the software that powers smart homes. BITAG says some IoT devices have security vulnerabilities relating to outdated software
In a report obtained by The Associated Press, the Homeland Security Department portrayed runaway security problems with a range of devices that have been made internet-capable in recent years.
BEIJING: Global police cooperation agency Interpol elected a senior Chinese public security official as president, Chinese state media said on Thursday, in what could be a boost to Beijing's domestic anti-graft crackdown.
BALI, Indonesia – The lack of biometric data being shared on terrorists at the international level is creating a dangerous security gap for exploitation by returning foreign terrorist fighters.
Cities have always been hubs of technological experimentation, shaped by the people who inhabit them and the tools they use. We can still see the marks, both charming and garish
SINGAPORE – The world’s largest international police organization, INTERPOL, has announced that the second edition of INTERPOL World will take place from 5 to 7 July 2017.
From the offices of Venture Capital firms to the financial services districts, you may not be able to escape the promising whispers of fintech startups.Take a structural shift to mobile, an ever decreasing cost of computing power, the availability of lots of (big!) data
Payments companies are the most concerned of all financial industry players about losing parts of their business to the ubiquitous Fintech competition. So how are they fighting back? To tackle the ever larger challenge,payment companies have been amongst the most active
There are some bits of computing that you just don’t want to trust other people with. They’re just too sensitive. But at the same time, there are some things that people can do as well or better than you, for a lower cost.
SINGAPORE: Singapore will do more in the battle against online crime through a National Cybercrime Action Plan, Home Affairs Minister and Law Minister K Shanmugam announced on Wednesday (Jul 20).
The bad news: It's you against an army of cybercriminals around the world. The good news: A little knowledge can provide an effective defense.Today, almost all hacking is done by professional criminals. In many countries, illegal hacking accounts for more crime, dollar-wise, than noncomputer crime.
Sixty-six percent of data protection leaders admit that employees are the weakest link in an enterprise’s security posture, and 55 percent of organizations have had a security incident or data breach due to a malicious or negligent employee
Last year, CIO, CSO and PricewaterhouseCoopers released a new Global State of Information Security survey, which polled more than 10,000 executives from 127 countries about IT security. The results were a mixed bag, with security incidents up 38% over 2014
A study has found that 69 percent of security professionals believe usernames and passwords alone no longer provide sufficient security and a majority (72 percent) predict passwords will be phased out within nine years.
How many businesses will pay a ransom if attacked? It might depend on if they have already been a victim of ransomware.Some 84 percent of U.S. and U.K. information technology executives at firms
Researchers have developed an artificial intelligence that can defeat human pilots in combat. This new AI, known as ALPHA, is designed for military drones or ‘unmanned aerial vehicles’ (UAVs).
NEW DELHI: Foreign investors in companies that provide armoured car services or train private security guards will have to comply with the 49 per cent FDI cap, the government has clarified
Rapid urbanization has made public safety a top priority of city governance. Governments worldwide recognize that urban safety plays a vital role in protecting people’s lives and property, and is the cornerstone of economic growth in modern cities.
New Delhi: India is the fourth country that has most number of attacks by the Downadup malware family, a report by Finland-based online security and privacy company F-Secure, said.
Major defense contractors, the ICT and surveillance / sensors industry cannot ignore the fast growing revenues of the Safe City market, which will accumulate to $226 billion over the next 6 years.
ABI Research is predicting that the overall biometrics market will reach a value of $30 billion by the year 2021. In a statement summarizing recent findings, the market research firm says this will reflect growth of 118 percent since 2015.
National cybersecurity specialist agency CyberSecurity Malaysia, the Administrative Modernisation and Management Planning Unit (MAMPU) and the Malaysian Nuclear Agency (ANM), have signed a project agreement to build
Companies have a great deal to gain from the Internet of things.The business leaders who tackle the obstacles to implementing these systems and invest in new capabilities early stand to gain the most from building competitive advantages, write James Manyika and Michael Chui in Fortune.
In October, The Business of Cybersecurity: 2015 Market Size, Cyber Crime, Employment, and Industry Statistics promised Forbes readers a December follow up. Part II is here, with a recap on cybersecurity spending in 2015 and projections for market growth over the next five years.
C4ISR Market by Application (Communication-SATCOM, SDR, Man portable communication, battle management, Command & Control, EW-ESM, ECM, ECCM, SIGNIT, Computer-Data Analytics, H/W, S/W, MFD), Platform (Air, Land, Naval), Technology & Geography - Analysis & Forecast 2014 - 2020
Global physical security market to grow from USD 65.41 Billion in 2015 to USD 105.26 Billion by 2020, at a CAGR of 9.98% from 2015 to 2020. The video surveillance segment is expected to be dominating the physical security market, having been projected to grow at the highest CAGR during forecast period of 2015 to 2020.
Federal officials fear that national security may have been jeopardized when the company building a sensitive phone-number database violated a federal requirement that only U.S. citizens work on the project.
The extremely high-profile dispute between Apple and the FBI has ushered in a new phase in the debate over the future of secure communications. Though many Americans still struggle with the technical implications of encryption, it's now a household word..