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What IT Leaders Would Do Differently if Faced With Another Crisis
January 22, 2021
In the early part of 2020, the pandemic forced companies around the world to rethink their practices and determine how to accelerate the adoption of technologies that would enable remote work. After closing out on a tumultuous year, many business leaders admit where they may have gone wrong. Here are some ways they would approach a shift to remote work, if faced with the crisis all over again.
The New Era of Cashless, Invisible Payments
January 21, 2021
While it was already underway prior to the pandemic, the worldwide shift to digital payments has been accelerated by the crisis. This new cashless concept and the related back-end changes by banks to adopt real-time payments are becoming increasingly popular; and have set into motion the potential for a ripple effect throughout the e-commerce ecosystem.
Search Milestone Gives DuckDuckGo Something to Quack About
January 19, 2021
DuckDuckGo reached a significant milestone last week when it racked up more than 100 million searches in a single day. While still a paltry number compared to the more than five billion daily searches performed by Google, the milestone is a major one for the search engine that doesn't store any of its users' personal information, archive their search histories, or track their search activity.
Cloud Security Practices Playing Into Hands of Attackers
January 7, 2021
More than 80 percent of 650 cybersecurity and IT professionals surveyed by Check Point Software Technologies in July said their traditional security solutions either do not work at all, or only provide limited functions in the cloud. This indicates that organizations' cloud migrations and deployments are racing ahead of their security teams' abilities to defend against attacks and breaches.
FTC's Zoom Deal Signals Commitment to Security Enforcement
December 29, 2020
The U.S. Federal Trade Commission is making good on a resolution to strengthen its enforcement of security deficiencies occurring in e-commerce transactions. The agency's recent action involving allegations of improper activities by teleconferencing provider Zoom Video Communications is a notable example.
FTC Demands Social Media Firms' User Data, Harvesting Tactics
December 16, 2020
The Federal Trade Commission seeks to obtain information on how many users certain social media companies have, how active the users are, what the companies know about them, how they got that information, and what steps the companies take to continue to engage users. The FTC also is gathering information on the companies' business models and how they target children and families.
Microsoft, Nintendo, Sony Issue Safe Gaming Manifesto
December 15, 2020
The Big Three makers of video gaming hardware have announced a united front to make online gaming safe for all their players. "We can accomplish more when we work toward the same goal, and so we will each continue investing in, evolving, and amplifying our approaches to user safety," stated Dave McCarthy, Microsoft's corporate vice president for Xbox operations.
Cyberthreat Hunter FireEye Hacked by Nation-State Attackers
December 9, 2020
Cybersecurity firm FireEye, which has been prominent in the fight against nation-state cyberthreats, has been itself attacked by "a highly sophisticated threat actor, one whose discipline, operational security, and techniques," company CEO Kevin Mandia announced Tuesday. This indicates the attack is likely state-sponsored, by a nation "with top-tier offensive capabilities."
'Scalper' Bots Hoarding Hottest Products from Consumers
December 9, 2020
During any holiday season, consumers have a tough time wrestling with each other for best-selling products, but now times have become even tougher, thanks to the proliferation of online "scalper" bots. These robot shoppers, unleashed by cybercriminals, emulate the activity of ticket scalpers in the real world.
'Tis the Season for Online Counterfeits
November 25, 2020
It should be prime time for shopping, but the pandemic has forced many consumers to tighten their purse strings. To help consumers -- and give e-tailers a heads up about better security -- the E-Commerce Times discussed holiday shopping issues with a panel of cybersecurity experts. They offered advice on how consumers can avoid buying counterfeit products; and analyses of how fake goods affect the broader retail market.
New Internet Protocol Aims to Give Users Control of Their Digital Identities
November 18, 2020
The @ Company wants to give you a more secure and human-centric Internet built on providing you with true ownership and control of your personal data. To that end, the company has launched an app built on its new privacy protocol. This new standard will attempt to change how online vendors and companies wheel and deal with the personal information of billions of Internet users.
Social Media Companies Top Data Grabber List
October 27, 2020
When it comes to an appetite for data, social media outfits are the most voracious, according to a recent study released by cybersecurity company Clario Tech. The analysis of nearly 50 of the world's biggest brands found that Facebook collects more than 70 percent of all the data it can collect legally about someone using its service.
The Trials and Tribulations of Paying Ransomware Hackers
October 23, 2020
There's no question that hackers are getting increasingly ambitious -- the average ransom demand increased from about $29,000 in 2018 to more than $302,000 in 2019. U.S. law doesn't prohibit paying ransom per se; but when victims pay monies to people or organizations who have been sanctioned by the U.S. government...they get into more trouble.
Whom Can We Trust to Safeguard Healthcare Data?
October 20, 2020
Healthcare records were digitized to help prevent medical errors such as misdiagnoses and mistakes with medication, but electronic health records have made it easier for bad actors to steal patients' highly personal information. Cybercriminals are further motivated by the fact that patient medical records are worth up to 10 times more than credit card numbers on the Dark Web.
Microsoft Squelches Trickbot Ransomware Network
October 13, 2020
An outlaw online network that's been used to infect millions of computers with ransomware has been disrupted by Microsoft. The company announced Monday that, together with telecommunications providers around the world, it was able to cut off the infrastructure used by the Trickbot botnet so it could no longer be used to initiate new infections or activate ransomware already planted on computer systems.
Controversial Plan Urges DoD to Recruit Tech Pros to WFH
October 2, 2020
The United States Defense Innovation Board has recommended that the Pentagon hire civilians to work from home who can handle classified information as a way of attracting people with technology expertise. The individuals sought "will have technical degrees and/or highly specialized skills in digital technologies and innovation needed across the U.S. Department of Defense," which is undergoing digital transformation.
The Risks and Consequences of Lax Patch Management
September 29, 2020
Earlier this month, a woman with a life-threatening condition passed away after hackers crashed the IT systems of a major hospital in the city of Dusseldorf. Incidents like this raise the question of why corporations do not patch vulnerabilities as soon as software manufacturers issue a fix.
Cybersecurity Conundrum: Who's Responsible for Securing IoT Networks?
September 24, 2020
Surely spurred by the work-from-home necessities of 2020, people have connected a multitude of non-business devices to their corporate networks, making it progressively difficult to implement cybersecurity because every device is a potential weak point. So, who will ultimately be responsible for cybersecurity of an IoT network?
How to Protect Mobile Apps Against Sneaker Bots
September 16, 2020
Automated purchasing bots, also known as "sneaker bots," "click bots," "Instacart bots" and other names, are ruining the online shopping and gig economy experience for both consumers and workers. These bots can cause considerable damage to a mobile business' reputation and bottom line. There are a number of measures that e-tailers should take a to protect their mobile apps from sneaker bots.
Tech Job Market Hot for the Near Future
September 15, 2020
Computer systems design and related services added 13,000 jobs, according to the U.S. Department of Labor's August jobs report. IT employment in July was up by more than 203,000 positions since the COVID-19 outbreak; and there were more than 235,000 job postings by U.S. employers, according to the Computing Technology Industry Association.
TikTok Enlists Oracle to Evade Trump's Executive Order
September 14, 2020
A proposal to avoid the banning of the popular social media app TikTok was submitted to the U.S. Treasury Department over the weekend. The plan submitted by ByteDance, which owns TikTok, calls for the company to enlist Oracle as a "trusted technology provider" in order to address national security concerns raised about the video-sharing software by the Trump administration.
US E-Commerce Companies in the Dark on European Privacy Rules
September 11, 2020
The U.S. Commerce Department is attempting to negotiate an agreement that would help thousands of U.S. companies comply with policies designed to protect the personal privacy of European citizens. Until the issues are resolved, U.S. companies will be operating in a twilight zone over how to ensure the privacy of personal data they collect and process electronically from European sources.
Google's New Phone App Feature ID's Legit Business Calls
September 9, 2020
Google has taken a step toward controlling spam voice calls on Android devices with a new addition to its phone app. The "Verified Calls" feature will display a caller's name, logo, reason for calling and a verification symbol indicating a business has been verified by Google. The service will initially roll out in the United States, Mexico, Brazil, Spain and India, with more countries to follow.
Reported Data Breaches Decline in H1 2020
September 3, 2020
Data breaches were rampant in 2019, occurring at an unprecedented pace. However, the first half of this year has seen a reduction in the number of reported events. Reported being the operative word. In all, more than 15 billion records were exposed in nearly 7,100 data breaches last year. This year however, the number of publicly reported data breaches has decreased.
Software Piracy Spreading With the Virus
September 1, 2020
Software piracy involves much more than businesses and consumers using illegal copies of computer programs. What lurks within the pirated copies is often rogue code -- malware -- that can be just as deadly to computers and users' finances. Software companies are reporting that piracy has increased 20 to 30 percent due to COVID-19.
Best Practices to Improve the E-Commerce Checkout Process
August 28, 2020
To deliver exceptional customer experiences at-scale, retailers need to have their finger on the pulse of changing consumer expectations. Modern consumers expect checkout to be seamless and safe, no matter the digital channel or their geographic location. Let's look at best practices that retailers are using to revamp their checkout experience.
Credential Harvesting Attacks Take Aim at Video Meeting Apps
August 27, 2020
Users of video conference tools should be aware of the growing risk of impersonation attacks. Cybercriminals are capitalizing on the exponential increase of users turning to Zoom and other platforms to collaborate across work and friend networks. Researchers have identified attacks stemming from Australia, Germany, the U.S. and elsewhere.
Online Business Scams Decline as Consumer COVID Fraud Rises
August 26, 2020
Online bandits are decreasing their schemes against businesses but increasing COVID-19 scams aimed at consumers, according to a report released Tuesday by TransUnion. Suspected fraudulent digital transactions against businesses worldwide dropped nine percent from the lockdown phase of the pandemic to the reopening phase.
Pandemic Gooses Stolen Credentials Prices on Dark Web
August 25, 2020
After crashing in 2019, Dark Web markets for stolen credentials rebounded during the first half of 2020, largely due to major shifts in consumer behavior caused by the global pandemic. Hacked accounts for delivery services and physical fitness brands are some of the highest priced items on the market, according to a recent report.
Summer Stats Show a Frenzy of Sales and a Flurry of Fraud
August 21, 2020
Despite the struggles the pandemic imposes on the economy, consumer activity gives both retailers and e-tailers hope for continued growth as the recovery persists. Though fraud continues to escalate as criminals take advantage of card-not-present payment methods, including buy online pick-up in store (BOPIS), or click-and-collect.
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