The new year has kicked off with a flurry of data security company acquisition activity; five deals have already been announced. Companies making acquisitions are striving to improve their secure access service edge - or SASE - posture, enter new markets or bolster their technology portfolios.
Many companies claim to be successfully using artificial intelligence for security, but the use cases are still not convincing because the technology is incapable of detecting unknown malware, says Guy Sheppard of SWIFT.
First you had 'shadow IT,' then 'shadow cloud.' Now enterprises are encountering 'shadow APIs' - and the lack of visibility into these interfaces is causing new, often overlooked cybersecurity vulnerabilities, says Subbu Iyer of Cequence Security.
"Has anyone witnessed any examples of criminals abusing artificial intelligence?" That's a question security firms have been raising. A new report has identified likely ways in which such attacks might occur and offers examples of threats already emerging
As synthetic ID fraud in the financial services sector continues to rise next year, organizations must use new technologies to mitigate the risks, says Saif Nawaz of Meridian Credit Union in Canada.
Twenty financial institutions are collaborating to identify how machine learning can be used to detect synthetic ID fraud, says Greg Woolf, CEO at the security firm FiVerity.
Cybercriminals have weaponized AI tools to easily bypass traditional security controls and create effective new attacks such as credential stuffing. That means it's time to shift to next gen cybersecurity, says Shuman Ghosemajumder of F5. And here are the technologies that will get you there.
Disruption, distortion and deterioration - these cybersecurity threats are amplified by the ongoing pandemic. Which poses the greatest threat and why? We asked this exclusive panel of CEOs and CISOs, and their responses might surprise you.
Some payment card fraud detection systems that rely on artificial intelligence are now less effective because of changes in consumers' habits during the COVID-19 pandemic, says Rene Perez of Jack Henry & Associates, who offers insights on needed adjustments.
The need for enhanced business agility and secure remote access to support digital transformation has led to the adoption of the security access service edge, or SASE, model, says Rajpreet Kaur, senior principal analyst at Gartner.
Card-not-present fraud is rising as fraudsters inject malware into e-commerce websites to harvest account information, says Gord Jamieson of Visa. But the artificial intelligence models used to detect this fraud need to be refined to better mitigate this threat, he says.
Criminals are devising ways to circumvent fraud-fighting measures that use artificial intelligence, says Avivah Litan, a vice president at Gartner Research, who discusses mitigation strategies.
Implementing an adaptive, risk-based authentication process for remote system access is proving effective as more staff members work from home during the COVID-19 pandemic, says Ant Allan, a vice president and analyst at Gartner.
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