Risk Management
A recent survey conducted by law firm Jones Walker and published Tuesday reveals that community and mid-size banks are lacking in comprehensive due diligence and robust contract negotiations with their third-party vendors. This deficiency is a critical vulnerability, especially in instances of data breaches by vendors. The survey underscores the
In today's digital landscape, data security remains a critical concern for businesses. Despite significant investments in security infrastructures, organizational data continues to be vulnerable. This article explores the limitations of traditional encryption methods and introduces Fully Homomorphic Encryption (FHE) as a potential game-changer in
In today's digital age, data is the lifeblood of numerous applications, from large language models to personalized marketing, streaming recommendations, and traffic navigation services. With over 898 exabytes of data stored in the US alone, primarily housed in the country’s 5,381 data centers, the importance of securing these data repositories
In the modern era, cyber security concerns and challenges are intensifying for organizations across every sector. As cyber threats become more sophisticated and pervasive, it is critically important to harness the power of employees in securing organizational assets. Employees play a dual role in cyber defense—acting both as the frontline defense
The role of Chief Information Security Officers (CISOs) is rapidly evolving, driven by increasing regulatory demands and the ever-changing landscape of cyber threats. By 2025, CISOs will face a myriad of challenges that will significantly impact their responsibilities, decision-making processes, and overall job satisfaction. As companies strive to
Social engineering scams have seen a significant rise targeting North American financial institutions, with reported incidents increasing tenfold in 2024 compared to the previous year according to data from BioCatch. These scams, now making up 23% of all digital banking fraud, pose a serious threat to both consumers and financial institutions. One