#Biometric Data Breaches
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#Authoritarian Regimes#Biometric Data Breaches#Biometric Surveillance#Consumer Rights#Corporate Surveillance#Cybersecurity#Data Privacy#Data Security#Facial Recognition#facts#Government Surveillance#Human Rights#Identity Theft#life#Podcast#Privacy Risks#Regulation and Compliance#serious#Social Credit System#straight forward#truth#upfront#website
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But I don't wanna live in a dystopian world!!!
#i just saw this video about amazon having this pay with your palm technology#guys why would you give away your biometric data for convenience?!?!#we're really at this point where we will sell our privacy to save 30 seconds#and i know people have been saying this for forever#but what happens when that becomes the only way to pay?#like we are getting so close to what they describe in revelations it's scary#and yeah i get that people said that about barcodes and credit cards#but having your payment method be your literal hand?#that's too close for comfort#and it's literally not smart to give these companies that info#if they have a data breach who knows what a hacker can do with that?#i know this is a crazy scenario but what if a hacker gets ahold of your fingerprints and currupts the digital record for a crime?#on top of that you only need your fingerprints registered with the police for a few reasons like if you are a criminal or work with kids#you have the right to not have the government have your info without reason#but what happens when the government demands that Amazon (or Apple or any other company pulling this crap) give over their records?#now they have that whether you are a criminal or gave your permission or not#that would be a violation of your 4th amendment rights: to be secure in your person houses papers and effects against unreasonable seizures#don't think the government would do that? police in my area will absolutely violate that right by running plates#to see if you have an expired registration even if you weren't doing anything that required they run your plates#so yeah i fully believe the government would violate the 4th amendment#and what's more... i don't even think that they would have to demand the info i think amazon or apple would offer to sell that info to them#ok sorry for the rant#this world is just getting scary y'all
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Mandatory Age Verification For Social Media
I had a conversation with Copilot about Mandatory Age Verification For Social Media.
The proposed Social Media Ban for under-16s by the Australian federal ALP government involves Age Verification methods that include providing ID and biometrics, such as face scanning. This approach raises significant concerns about privacy and the potential for creating a de facto Digital ID system.
Practical Implications • ID Verification: Users would need to provide some form of identification to verify their age. This could include government-issued IDs, like passports or driver's licenses.
• Biometric Data: Face scanning or other biometric methods would be used to ensure the person presenting the ID is the same person using the social media account.
• Data Collection: This process would result in the collection of sensitive personal data, including biometric information, which could be stored and potentially used for other purposes.
Concerns • Privacy: The collection and storage of biometric data and personal IDs raise significant privacy concerns. There is a risk of data breaches and misuse of this information.
• Digital ID System: While the primary goal is age verification, the requirement for biometric data and IDs effectively creates a Digital ID system for social media users.
• Accessibility: Not everyone may have access to the required forms of ID or be comfortable with biometric verification, potentially excluding some users from social media platforms.
Conclusion In practical terms, the proposed age verification methods resemble the creation of a Digital ID system.
The Digital ID Program The Digital ID Program of the Australian government is designed to be voluntary, providing a secure and convenient way for individuals to verify their identity online. However it raises concerns about the proposed Social Media Ban potentially leading to a de facto compulsory Digital ID system.
Key Points • Voluntary Nature: The current Digital ID system is voluntary, allowing individuals to choose whether or not to use it.
• Age Verification: The proposed social media ban for under-16s involves age verification methods that include providing ID and biometrics, such as face scanning.
• Potential For Compulsory Use: While the Digital ID system is voluntary, the requirement for age verification on social media platforms could effectively make it compulsory for those who wish to use these services.
Conclusion The introduction of Mandatory Age Verification For Social Media could definitely be seen as a step towards a more widespread use of Digital ID, potentially leading to concerns about privacy and the implications of a de facto compulsory system.
The Social Media Ban Is The Vaccine Passport Program Revisited Voluntary programs can evolve into mandatory requirements over time. During the Covid-19 pandemic, Vaccine Passports initially presented as voluntary measures soon became essential for accessing certain services and venues. This shift highlighted concerns about how "voluntary" programs can, in practice, become quasi-mandatory.
Parallels Between Vaccine Passports and Digital ID For Social Media • Initial Voluntariness: Both vaccine passports and the current Digital ID system started as voluntary initiatives.
• Increased Necessity: Over time, certain activities (like entering premises during the pandemic) or services (like accessing social media) required compliance with these "voluntary" measures.
• Privacy Concerns: Both programs raise significant privacy concerns, particularly regarding the collection and use of personal and biometric data.
• Public Trust: The shift from voluntary to mandatory can erode public trust and lead to resistance or backlash.
Conclusion The potential trajectory of the Social Media Ban, requiring ID and biometrics for age verification, could mirror the path of Vaccine Passports, effectively making Digital ID a necessity for certain activities.
#copilot#copillot ai#politics#social media ban#social media#vaccine passports#digital identity#digital id#privacy#data breach#biometric verification
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The Role of GANs in Improving Cybersecurity
New Post has been published on https://thedigitalinsider.com/the-role-of-gans-in-improving-cybersecurity/
The Role of GANs in Improving Cybersecurity
Cybersecurity threats are evolving at an unprecedented rate, with attackers continuously developing more sophisticated methods to breach defenses. This rapid escalation necessitates advanced defense mechanisms to keep up with the changing landscape.
Generative Adversarial Networks (GANs) have emerged as powerful tools in this context, leveraging machine learning capabilities to enhance cybersecurity measures. By pitting two neural networks against each other, they can generate realistic data that improve threat detection, anomaly detection and system resilience. Their growing significance in cybersecurity highlights their potential to revolutionize how organizations identify and mitigate threats.
What Are Generative Adversarial Networks?
GANs are a class of machine learning frameworks that consist of two neural networks — the generator and the discriminator. These networks compete in a dynamic process where the generator creates data samples and the discriminator evaluates them. The generator aims to produce data mimicking actual samples as closely as possible. Meanwhile, the discriminator’s goal is to distinguish between real and generated data.
During training, this adversarial relationship pushes both networks to improve continuously. The generator refines its output to create more convincing data, and the discriminator sharpens its ability to detect subtle differences. This competition generates highly realistic data, making GANs valuable for tasks requiring synthetic data creation and robust testing scenarios in cybersecurity.
Benefits of Using GANs in Cybersecurity
As cybersecurity threats become more sophisticated, leveraging advanced technologies like GANs offers significant advantages. Here’s how they can help cybersecurity professionals stay ahead of malicious actors.
Enhanced Threat Detection
GANs can create highly realistic threat simulations, which significantly improve the accuracy and robustness of threat detection systems. Generating data mimicking real-world attack patterns enables cybersecurity professionals to train their systems on more diverse and sophisticated scenarios.
This helps identify vulnerabilities and enhance the system’s ability to detect threats. In 2023, it took an average of 204 days to detect and identify a data breach. Using GANs can reduce this timeframe by improving early detection capabilities and minimizing the damage of prolonged undetected breaches.
Adversarial Testing
GANs can generate adversarial examples or purposefully crafted inputs designed to test and challenge the resilience of cybersecurity systems. Creating data closely resembling real-world attack patterns but with subtle manipulations allows GANs to expose weaknesses and vulnerabilities that might not be evident under normal conditions.
These adversarial examples help cybersecurity professionals assess how well their systems can withstand sophisticated attacks. It ensures detection and defense mechanisms are robust and capable of handling a wide range of potential threats. This proactive approach enhances security by preparing systems to recognize and respond to complex, evolving cyber threats.
Anomaly Detection
GANs excel in detecting anomalies by identifying deviations from standard patterns in network traffic and user behavior. They use adversarial learning to represent typical data samples visually. When GANs analyze new data, they can make abnormal inferences if the data deviates from this learned norm.
This capability is crucial for pinpointing unusual activities indicating potential security threats. Continuously refining their understanding of what constitutes normal behavior can enhance the precision of anomaly detection. This makes it easier for cybersecurity systems to flag and address suspicious activities promptly.
Applications of GANs in Cybersecurity
Applying GANs in cybersecurity transforms how organizations detect and mitigate threats. Here’s how it provides innovative solutions to bolster various aspects of cybersecurity defenses.
Phishing Detection
GANs can create sophisticated phishing emails mimicking real-world examples to provide an invaluable resource for training detection systems. This is especially critical given the 135% increase in novel social engineering attacks — emails with significant linguistic deviations from traditional phishing emails.
Generating these realistic and varied phishing emails helps augment training datasets, enabling detection models to learn from a broader range of examples. This improves the model’s ability to recognize subtle signs of phishing attempts and makes it more adept at identifying common and unique attack patterns.
Secure Authentication
GANs are highly effective in generating synthetic biometric data, which is crucial for testing and improving biometric authentication systems. By creating diverse and realistic samples — such as fingerprints or facial images — GANs allow developers to enhance the accuracy and robustness of these systems. They can do so without relying solely on real-world data, which can be limited and expensive.
Additionally, GANs can create challenging CAPTCHAs that are difficult for bots to solve but easy for humans. These codes leverage GANs’ ability to produce complex and varied patterns automated systems struggle to interpret, strengthening security measures against automated attacks while maintaining user accessibility.
Intrusion Detection Systems
GANs can improve intrusion detection systems (IDS) by generating synthetic data that enhances the training of detection algorithms. They provide IDS with diverse examples of potential threats by creating realistic attack scenarios, which helps develop more robust and accurate detection models. This synthetic data supplements real-world data, covering a broader range of attack vectors and patterns.
Additionally, GANs help reduce false positives by refining the identification of genuine threats. They achieve this by continuously improving the discriminator’s ability to distinguish between normal and malicious activities. It ensures the IDS becomes more precise in identifying threats and minimizing false alarms that can drain resources and cause alert fatigue.
Challenges and Considerations
Training GANs requires substantial computational power due to their complex architecture and the iterative nature of their learning process. Despite their potential, they can suffer from non-convergence, mode collapse and vanishing gradients, which can impede their effectiveness and reliability.
Additionally, there is a significant risk adversaries could use GANs to create more sophisticated attacks, exploiting the same technology intended to enhance security. Ethical considerations also arise in the use of GANs for generating synthetic data. Creating realistic but artificial data can blur the lines between genuine and fake information, which can lead to potential misuse and privacy concerns. Ensuring responsible and secure deployment of GANs maximizes their benefits while mitigating these risks.
The Future Potential of GANs
GANs’ contributions to advancing cybersecurity measures are immense as they continue to evolve and offer innovative solutions for threat detection and system resilience. Cybersecurity professionals must explore and integrate them into their security strategies to enhance protection and stay ahead of increasingly sophisticated cyber threats.
#2023#Accessibility#adversaries#Algorithms#anomalies#anomaly detection#applications#approach#architecture#artificial#attackers#authentication#Behavior#biometric#blur#bots#breach#challenge#competition#cyber#Cyber Threats#cybersecurity#cybersecurity threats#data#data breach#datasets#defense#defenses#deployment#detection
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The Future of Passwords: Do We Really Need Them?
Passwords are one of the most common and widely used methods of authentication on the internet. They are supposed to protect our online accounts and data from unauthorised access and misuse. Passwords are increasingly becoming a source of frustration and insecurity for users and organisations alike. They are often easy to guess, hard to remember, and reused across multiple sites, making them…
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#2022 Data Breach Investigations Report#alternative authentication methods#biometrics#cybersecurity#Dashlane#Equifax#Google#IBM#LastPass#MFAs#passkeys#passwordless#Passwords#Verizon
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Congress may be closer than ever to passing a comprehensive data privacy framework after key House and Senate committee leaders released a new proposal on Sunday.
The bipartisan proposal, titled the American Privacy Rights Act, or APRA, would limit the types of consumer data that companies can collect, retain, and use, allowing solely what they’d need to operate their services. Users would also be allowed to opt out of targeted advertising, and have the ability to view, correct, delete, and download their data from online services. The proposal would also create a national registry of data brokers, and force those companies to allow users to opt out of having their data sold.
“This landmark legislation gives Americans the right to control where their information goes and who can sell it,” Cathy McMorris Rodgers, House Energy and Commerce Committee chair, said in a statement on Sunday. “It reins in Big Tech by prohibiting them from tracking, predicting, and manipulating people’s behaviors for profit without their knowledge and consent. Americans overwhelmingly want these rights, and they are looking to us, their elected representatives, to act.”
Congress has tried to put together a comprehensive federal law protecting user data for decades. Lawmakers have remained divided, though, on whether that legislation should prevent states from issuing tougher rules, and whether to allow a “private right of action” that would enable people to sue companies in response to privacy violations.
In an interview with The Spokesman Review on Sunday, McMorris Rodgers claimed that the draft’s language is stronger than any active laws, seemingly as an attempt to assuage the concerns of Democrats who have long fought attempts to preempt preexisting state-level protections. APRA does allow states to pass their own privacy laws related to civil rights and consumer protections, among other exceptions.
In the previous session of Congress, the leaders of the House Energy and Commerce Committees brokered a deal with Roger Wicker, the top Republican on the Senate Commerce Committee, on a bill that would preempt state laws with the exception of the California Consumer Privacy Act and the Biometric Information Privacy Act of Illinois. That measure, titled the American Data Privacy and Protection Act, also created a weaker private right of action than most Democrats were willing to support. Maria Cantwell, Senate Commerce Committee chair, refused to support the measure, instead circulating her own draft legislation. The ADPPA hasn’t been reintroduced, but APRA was designed as a compromise.
“I think we have threaded a very important needle here,” Cantwell told The Spokesman Review. “We are preserving those standards that California and Illinois and Washington have.”
APRA includes language from California’s landmark privacy law allowing people to sue companies when they are harmed by a data breach. It also provides the Federal Trade Commission, state attorneys general, and private citizens the authority to sue companies when they violate the law.
The categories of data that would be impacted by APRA include certain categories of “information that identifies or is linked or reasonably linkable to an individual or device,” according to a Senate Commerce Committee summary of the legislation. Small businesses—those with $40 million or less in annual revenue and limited data collection—would be exempt under APRA, with enforcement focused on businesses with $250 million or more in yearly revenue. Governments and “entities working on behalf of governments” are excluded under the bill, as are the National Center for Missing and Exploited Children and, apart from certain cybersecurity provisions, “fraud-fighting” nonprofits.
Frank Pallone, the top Democrat on the House Energy and Commerce Committee, called the draft “very strong” in a Sunday statement, but said he wanted to “strengthen” it with tighter child safety provisions.
Still, it remains unclear whether APRA will receive the necessary support for approval. On Sunday, committee aids said that conversations on other lawmakers signing onto the legislation are ongoing. The current proposal is a “discussion draft”; while there’s no official date for introducing a bill, Cantwell and McMorris Rodgers will likely shop around the text to colleagues for feedback over the coming weeks, and plan to send it to committees this month.
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Sorry to bother you but how are the age verification laws/bills gonna work? Are they just going to make you use your ID when you buy a new electronic? How are they going to enforce any of these
So the issue is that I'm really not sure any of the people making these laws know themselves how they plan to implement these. A lot of websites and platforms have a little known but documented feature where if for whatever reason their system thinks that you may be under 13 (the baseline age for basically any website with a user agreement for signing up), regardless of how long the account has been in use, you have to upload a picture of a photo ID with your picture and birth date to the individual website to prove to them that you're of age.
The problem, of course, being that even if their terms of doing so denote that any record of the presented ID will be erased after its been cleared, there will be no way to confirm that this has been done. Or even to prove that it's done right away and they don't keep a record of the ID for a period of time afterward.
I believe the assumption is that most sites with this requirement will have individual users upload their IDs in order to purchase age verified products on an online store or to view age verification required websites. Which can of course be dangerous to be flashing pictures of your sensitive data to any old unsecured site on the internet. And data breaches happen all the time, too.
There is also another idea I've seen floated around based on an idea from Europe. That certain devices will be "designated" as owned by adult users and will by default have access to these things.
Or, which I find to be even More egregious than even flashing your ID fo individual websites. They'd require a biometric scan which is intended to determine if the person who wants access physically Looks to be the age they claim they are. Which is not only asinine because individual humans don't always have a set standard of how they'll look at a certain age, and because allowing your biometric data to be taken anywhere you want to see can be even More dangerous.
Any of these can happen, a lot of the bills floating around I think don't even have a singular standard of how this will be enforced. Just open to possibilities. But just know that none of them are good.
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How To Reduce 5G Cybersecurity Risks Surface Vulnerabilities
5G Cybersecurity Risks
There are new 5G Cybersecurity Risks technology. Because each 5G device has the potential to be a gateway for unauthorized access if it is not adequately protected, the vast network of connected devices provides additional entry points for hackers and increases the attack surface of an enterprise. Network slicing, which divides a single physical 5G network into many virtual networks, is also a security risk since security lapses in one slice might result in breaches in other slices.
Employing safe 5G Cybersecurity Risks enabled devices with robust security features like multi-factor authentication, end-to-end encryption, frequent security audits, firewall protection, and biometric access restrictions may help organizations reduce these threats. Regular security audits may also assist in spotting any network vulnerabilities and taking proactive measures to fix them.
Lastly, it’s preferable to deal with reputable 5G service providers that put security first.
Take On New Cybersecurity Threats
Cybercriminals often aim their biggest intrusions at PCs. Learn the characteristics of trustworthy devices and improve your cybersecurity plan. In the current digital environment, there is reason for worry over the growing complexity and frequency of cyber attacks. Cybercriminals are seriously harming businesses’ reputations and finances by breaking into security systems using sophisticated tools and tactics. Being able to recognize and address these new issues is critical for both users and businesses.
Threats Driven by GenAI
Malicious actors find it simpler to produce material that resembles other individuals or entities more authentically with generative AI. Because of this, it may be used to trick individuals or groups into doing harmful things like handing over login information or even sending money.
Here are two instances of these attacks:
Sophisticated phishing: Emails and other communications may sound much more human since GenAI can combine a large quantity of data, which increases their credibility.
Deepfake: With the use of online speech samples, GenAI is able to produce audio and maybe even video files that are flawless replicas of the original speaker. These kinds of files have been used, among other things, to coerce people into doing harmful things like sending money to online fraudsters.
The mitigation approach should concentrate on making sure that sound cybersecurity practices, such as minimizing the attack surface, detection and response methods, and recovery, are in place, along with thorough staff training and continual education, even if both threats are meant to be challenging to discover. Individuals must be the last line of defense as they are the targeted targets.
Apart from these two, new hazards that GenAI models themselves encounter include prompt injection, manipulation of results, and model theft. Although certain hazards are worth a separate discussion, the general approach is very much the same as safeguarding any other important task. Utilizing Zero Trust principles, lowering the attack surface, protecting data, and upholding an incident recovery strategy have to be the major priorities.Image Credit To Dell
Ransomware as a Service (RaaS)
Ransomware as a Service (RaaS) lets attackers rent ransomware tools and equipment or pay someone to attack via its subscription-based architecture. This marks a departure from typical ransomware assaults. Because of this professional approach, fraudsters now have a reduced entrance barrier and can carry out complex assaults even with less technical expertise. There has been a notable rise in the number and effect of RaaS events in recent times, as shown by many high-profile occurrences.
Businesses are encouraged to strengthen their ransomware attack defenses in order to counter this threat:
Hardware-assisted security and Zero Trust concepts, such as network segmentation and identity management, may help to reduce the attack surface.
Update and patch systems and software on a regular basis.
Continue to follow a thorough incident recovery strategy.
Put in place strong data protection measures
IoT vulnerabilities
Insufficient security makes IoT devices susceptible to data breaches and illicit access. The potential of distributed denial-of-service (DDoS) attacks is increased by the large number of networked devices, and poorly managed device identification and authentication may also result in unauthorized control. Renowned cybersecurity researcher Theresa Payton has even conjured up scenarios in which hackers may use Internet of Things (IoT) devices to target smart buildings, perhaps “creating hazmat scenarios, locking people in buildings and holding people for ransom.”
Frequent software upgrades are lacking in many IoT devices, which exposes them. Furthermore, the deployment of more comprehensive security measures may be hindered by their low computational capacity.
Several defensive measures, such assuring safe setup and frequent updates and implementing IoT-specific security protocols, may be put into place to mitigate these problems. These protocols include enforcing secure boot to guarantee that devices only run trusted software, utilizing network segmentation to separate IoT devices from other areas of the network, implementing end-to-end encryption to protect data transmission, and using device authentication to confirm the identity of connected devices.
Furthermore, Zero Trust principles are essential for Internet of Things devices since they will continuously authenticate each user and device, lowering the possibility of security breaches and unwanted access.
Overarching Techniques for Fighting Cybersecurity Risks
Regardless of the threat type, businesses may strengthen their security posture by taking proactive measures, even while there are unique tactics designed to counter certain threats.
Since they provide people the skills and information they need to tackle cybersecurity risks, training and education are essential. Frequent cybersecurity awareness training sessions are crucial for fostering these abilities. Different delivery modalities, such as interactive simulations, online courses, and workshops, each have their own advantages. It’s critical to maintain training sessions interesting and current while also customizing the material to fit the various positions within the company to guarantee its efficacy.
Read more on govindhtech.com
#Reduce5G#CybersecurityRisks#5Gservice#ZeroTrust#generativeAI#cybersecurity#strongdata#onlinecourses#SurfaceVulnerabilities#GenAImodels#databreaches#OverarchingTechniques#technology#CybersecurityThreats#technews#news#govindhtech
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Everyone, regardless of citizenship, can opt out when it comes to domestic flights in the US. (For international flights, US citizens can opt out but foreign nationals have to participate in face scanning, with some exceptions.) Simply stand away from the camera or keep your face covered with a mask, present your ID, and say, “I opt out of biometrics. I want the standard verification process.”
In theory, an officer is then supposed to manually look over your ID and compare it to your face, as they used to do before facial recognition. But in practice, there have been reports of passengers — even a senator — facing resistance or intimidation when they try to go this route.
. . .
there are known risks with this AI technology, from the possibility that your face data will be stolen due to breaches to the chance that you’ll be misidentified as a criminal suspect — and jailed. Neither of these are hypothetical scenarios; the former has happened due to CBP system vulnerabilities and the latter has happened at the hands of police. And then, of course, there’s AI bias; facial recognition tech is known to disproportionately misidentify people of color.
More at the link.
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Safeguarding your digital world: fundamental rules of information security
In today's interconnected and digitized world, ensuring the security of your information is paramount. Whether you're an individual user or a business owner, understanding and implementing basic rules of information security can protect you from cyber threats. Here are some fundamental principles to keep in mind.
Strong passwords. The foundation of any secure digital presence begins with strong passwords. Use a combination of upper and lower case letters, numbers, and special characters. Avoid easily guessable information, such as birthdays or names.
Update regularly. Keep your software, operating systems, and applications up to date. Developers release updates to fix security vulnerabilities, and by updating regularly, you ensure that your digital environment is equipped with the latest defenses.
Two-factor authentication (2FA). Enable 2FA whenever possible. This adds an extra layer of security by requiring a second form of identification, such as a code sent to your mobile device, in addition to your password.
Be wary of phishing. Phishing attacks often involve emails or messages that appear legitimate, tricking users into revealing sensitive information. Be cautious of unexpected emails, especially those requesting personal information or clicking on suspicious links.
Secure your devices. Whether it's a computer, smartphone, or tablet, secure your devices with passwords or biometric authentication. Encrypt sensitive data and enable remote tracking and wiping features in case your device is lost or stolen.
Regular backups. Create regular backups of important data. In the event of a cyber attack, having a recent backup ensures that you can recover your information without succumbing to ransom demands.
Limit access. Restrict access to sensitive information. Only grant access to those who need it, and regularly review and update permissions. This principle is crucial for both personal and organizational security.
Educate and train. Stay informed about the latest cyber threats and educate those around you. Regularly train employees on security best practices within organizations to create a culture of awareness and responsibility.
Use secure networks. Avoid using public Wi-Fi for sensitive transactions. If you must use public networks, consider using a virtual private network (VPN) to encrypt your connection and protect your data.
Monitor accounts. Regularly review your financial and online accounts for any suspicious activity. Early detection can prevent significant damage in case of a security breach.
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The Future of Finance: How Fintech Is Winning the Cybersecurity Race
In the cyber age, the financial world has been reshaped by fintech's relentless innovation. Mobile banking apps grant us access to our financial lives at our fingertips, and online investment platforms have revolutionised wealth management. Yet, beneath this veneer of convenience and accessibility lies an ominous spectre — the looming threat of cyberattacks on the financial sector. The number of cyberattacks is expected to increase by 50% in 2023. The global fintech market is expected to reach $324 billion by 2028, growing at a CAGR of 25.2% from 2023 to 2028. This growth of the fintech market makes it even more prone to cyber-attacks. To prevent this there are certain measures and innovations let's find out more about them
Cybersecurity Measures in Fintech
To mitigate the ever-present threat of cyberattacks, fintech companies employ a multifaceted approach to cybersecurity problems and solutions. Here are some key measures:
1. Encryption
Encrypting data at rest and in transit is fundamental to protecting sensitive information. Strong encryption algorithms ensure that even if a hacker gains access to data, it remains unreadable without the decryption keys.
2. Multi-Factor Authentication (MFA)
MFA adds an extra layer of security by requiring users to provide multiple forms of verification (e.g., passwords, fingerprints, or security tokens) before gaining access to their accounts.
3. Continuous Monitoring
Fintech companies employ advanced monitoring systems that constantly assess network traffic for suspicious activities. This allows for real-time threat detection and rapid response.
4. Penetration Testing
Regular penetration testing, performed by ethical hackers, helps identify vulnerabilities in systems and applications before malicious actors can exploit them.
5. Employee Training
Human error is a significant factor in cybersecurity breaches. Companies invest in cybersecurity training programs to educate employees about best practices and the risks associated with cyber threats.
6. Incident Response Plans
Having a well-defined incident response plan in place ensures that, in the event of a breach, the company can respond swiftly and effectively to mitigate the damage.
Emerging Technologies in Fintech Cybersecurity
As cyber threats continue to evolve, so do cybersecurity technologies in fintech. Here are some emerging technologies that are making a significant impact:
1. Artificial Intelligence (AI)
AI and machine learning algorithms are used to analyse vast amounts of data and identify patterns indicative of cyber threats. This allows for proactive threat detection and quicker response times.
2. Blockchain
Blockchain technology is employed to enhance the security and transparency of financial transactions. It ensures that transaction records are immutable and cannot be altered by malicious actors.
3. Biometrics
Fintech companies are increasingly adopting biometric authentication methods, such as facial recognition and fingerprint scanning, to provide a higher level of security than traditional passwords.
4. Quantum-Safe Encryption
With the advent of quantum computing, which poses a threat to current encryption methods, fintech companies are exploring quantum-safe encryption techniques to future-proof their security measures.
Conclusion
In the realm of fintech, where trust and security are paramount, the importance of cybersecurity cannot be overstated. Fintech companies must remain vigilant, employing a combination of advanced digital transformation solutions, employee training, and robust incident response plans to protect sensitive financial data from cyber threats. As the industry continues to evolve, staying one step ahead of cybercriminals will be an ongoing challenge, but one that fintech firms must embrace to ensure their continued success and the safety of their customers' financial well-being.
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7 tips for preventing pernicious password-based breaches - CyberTalk
New Post has been published on https://thedigitalinsider.com/7-tips-for-preventing-pernicious-password-based-breaches-cybertalk/
7 tips for preventing pernicious password-based breaches - CyberTalk
EXECUTIVE SUMMARY:
Remember the infamous 2021 SolarWinds supply chain attack? Cyber criminals were able to coordinate the attack because an intern rendered the password ‘solarwinds123’ publicly accessible via a GitHub repository, in 2018. While this led to an extreme business compromise situation, SolarWinds is not the only organization that’s ever struggled with password management…
World Password Day is celebrated on the first Thursday in May and serves as an annual reminder to reevaluate and upgrade organizational password security.
In fact, research shows that eighty-one percent of corporate data breaches occur due to poor password management — an avoidable problem that can cost an organization as much or more than $4.35 million, which is the average cost of a data breach.
Despite the seeming triviality of passwords, as evidenced by the SolarWinds episode, it can prove exceedingly difficult for organizations to recover – financially and reputationally – from password-based breaches. In this article, brush up on best practices for preventing serious incidents that start with a password.
7 tips for preventing password-based breaches
1. Leverage strong password requirements. Although no password is ever entirely hack-proof, longer passwords are challenging for cyber criminals to guess, decipher or otherwise exploit.
Require a minimum number of password characters, a mix of upper and lower case letters, numbers and special characters. In addition, due to the nature of cyber criminal tactics, consider disallowing the use of dictionary words, common phrases and personal information within passwords.
2. Enable multi-factor authentication (MFA). In the event that a password or multiple passwords are compromised, multi-factor authentication (MFA) provides an extra layer of security. MFA should be applied for all user accounts and critical systems.
One factor in the MFA model is typically a standard password – something that the employee knows. While another factor, like a code received via text, is generally something that the employee has. Biometrics can theoretically represent yet another factor, however, experts advise against widely applying biometric authentication mechanisms for security purposes.
3.“Hashing” and “salting” passwords. These protocols are recommended by the National Institute of Standards and Technology (NIST). In case the terms are unfamiliar, NIST defines a hash as “a function that maps a bit string of arbitrary length to a fixed-length bit string”. In other words, the practice of hashing effectively scrambles the password characters in a way that ensures that a database never exposes a list of plain text passwords to cyber criminals. Salting involves adding supplementary data to passwords ahead of hashing, rendering stored passwords particularly challenging to exploit.
4. Educate and empower employees. Ensure that your organization’s employees are aware of common phishing tactics used to gain passwords. Emphasize that hackers commonly pose as trustworthy parties and/or may send users malicious webpages through which to input credentials. When it comes to employee education, review a variety of plausible scenarios through which cyber criminals may attempt to pinch passwords. Empower employees to protect their credentials.
5. Leverage a lockout mechanisms. NIST suggests locking a user out of password protected accounts in the event that an incorrect password has been input multiple consecutive times. NIST says that no more than 100 login attempts should be permitted. Many organizations opt to lock accounts after three to five incorrect login attempts.
6. Apply the principle of least privilege. Provide employees with the privileges that they require in order to effectively complete job requirements. Avoid providing employees with superfluous permissions. This way, in the event of account compromise, the damage will likely be limited.
7. Respond to suspicious activity. Set up alerts that can provide your team with information about suspicious activities, such as a substantive series of failed login attempts from unfamiliar locations. Ensure that your team investigates and responds to these alerts, as this will help prevent potential breaches.
For more password security insights, please see CyberTalk.org’s past coverage. To receive inspiring cyber security insights, groundbreaking research and emerging threat analyses each week, subscribe to the CyberTalk.org newsletter.
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High Security Safes
In today's world, where security is paramount, safeguarding your valuable belongings and sensitive documents is of utmost importance. High security safes play a crucial role in providing that much-needed protection. Whether you're a homeowner looking to secure your jewelry and important documents or a business owner safeguarding cash and confidential data, high security safes are a reliable solution. In this comprehensive guide, we will explore everything you need to know about high security safes, including their features, benefits, types, and considerations when purchasing one.
Why High Security Safes Matter
Security breaches and thefts can happen at any time, and investing in a high security safe can give you peace of mind. Here are four compelling reasons why high security safes matter:
Protection from Burglaries: High security safes are designed to resist tampering, drilling, and other forms of attacks that burglars may use to gain access to your valuables. They provide an added layer of security that traditional safes may lack.
Fire Resistance: Many high security safes come with fire-resistant features, ensuring that your important documents and valuables remain intact even in the event of a fire. This is especially important for businesses and individuals with irreplaceable items.
Confidentiality: Safeguarding sensitive information is crucial. High security safes ensure that only authorized individuals have access to confidential documents and data, reducing the risk of data breaches and identity theft.
Peace of Mind: Knowing that your valuables and important documents are secure provides peace of mind. This allows you to focus on your daily tasks without worrying about the safety of your possessions.
Features of High Security Safes
High security safes are not your average safes. They come equipped with advanced features that make them highly resistant to unauthorized access. Here are some key features you should look for when considering a high security safe:
Heavy-Duty Construction: High security safes are typically made of thick, solid steel walls and doors, making them resistant to physical attacks.
Burglary and Fire Ratings: Look for safes that have been tested and certified for both burglary and fire resistance. Ratings such as UL 72 and TL-30x6 indicate a high level of security.
Locking Mechanisms: Advanced locking mechanisms such as electronic keypads, biometric scanners, and dual combination locks provide additional layers of security.
Re-locking Devices: These devices trigger additional locking mechanisms if tampering is detected, making it extremely difficult for burglars to gain access.
Types of High Security Safes
High security safes come in various types to cater to different security needs. Here are some common types of high security safes:
1. Burglar Safes
Burglar safes are designed primarily to protect against theft and unauthorized access. They often have thicker walls and doors, advanced locking mechanisms, and re-locking devices. These safes are ideal for storing cash, jewelry, and important documents.
2. Fireproof Safes
Fireproof safes are engineered to withstand high temperatures and protect their contents from fire damage. They are essential for safeguarding sensitive documents, irreplaceable items, and data storage devices.
3. Biometric Safes
Biometric safes use fingerprint recognition technology to grant access. They are convenient and secure, ensuring that only authorized individuals can open the safe.
4. Gun Safes
Gun safes are designed to securely store firearms and ammunition. They often come with combination locks, digital keypads, or biometric scanners to prevent unauthorized access to firearms.
Considerations When Purchasing a High Security Safe
When you're in the market for a high security safe, there are several important factors to consider to ensure you make the right choice. Here are some key considerations:
Size and Capacity: Determine the size and capacity of the safe based on what you plan to store. Make sure it can accommodate your valuables and documents comfortably.
Fire Rating: If protecting against fire is a priority, choose a safe with a high fire rating to ensure the contents remain intact in the event of a fire.
Locking Mechanism: Decide on the type of locking mechanism that best suits your needs. Electronic keypads and biometric scanners offer convenience, while combination locks may be preferred for their reliability.
Installation: Consider where and how the safe will be installed. Some safes can be anchored to the floor or wall for added security.
In conclusion, high security safes are essential for safeguarding your valuable belongings and confidential documents. They offer protection against burglaries, fires, and unauthorized access, giving you peace of mind in an increasingly uncertain world. When purchasing a high security safe, carefully consider the features and type that align with your specific security requirements. Investing in a high security safe is an investment in your peace of mind and the protection of your most valuable assets.
Remember, our experienced locksmiths in Peterborough are equipped to assist you with your security needs, including high security safes. We offer a wide range of locksmith services, ensuring that your security is our top priority.
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Here are 10 frequently asked questions (FAQs) about high security safes:
What is a high security safe?
A high security safe is a specialized safe designed to provide maximum protection against theft, fire, and unauthorized access. It typically features advanced security features and construction.
How is a high security safe different from a regular safe?
High security safes are constructed with thicker steel walls and doors, advanced locking mechanisms, and often come with burglary and fire ratings. They offer a higher level of security compared to regular safes.
What are burglary and fire ratings for high security safes?
Burglary and fire ratings indicate the safe's resistance to break-ins and protection against fire. For example, a TL-30x6 rating means the safe can withstand a professional burglary attempt for 30 minutes.
Are high security safes fireproof?
Many high security safes are fire-resistant, but they may not be completely fireproof. They are designed to withstand high temperatures for a specified period, protecting their contents from fire damage.
Can I open a high security safe if I forget the combination or lose the key?
High security safes with electronic keypads or biometric scanners may offer backup methods for opening, such as master codes or fingerprint recognition. Consult your safe's user manual for guidance.
What should I consider when choosing the size of a high security safe?
Consider the size of the items you plan to store and choose a safe with enough capacity to accommodate them comfortably. It's better to have extra space than to cram items into a too-small safe.
How should I install a high security safe?
Safes can be installed by anchoring them to the floor or wall for added security. Consult the manufacturer's installation instructions or hire a professional locksmith to ensure proper installation.
Are biometric safes more secure than safes with combination locks?
Biometric safes offer convenience and security, as they require fingerprint recognition for access. However, both types of safes can be secure if properly designed and constructed.
Can I move a high security safe once it's installed?
Moving a high security safe can be challenging due to their weight and size. It's recommended to consult a professional safe mover or locksmith for safe relocation.
Do I need professional assistance to choose and install a high security safe?
While it's possible to select and install a high security safe on your own, it's advisable to seek the expertise of a professional locksmith or safe technician to ensure the best security and proper installation.
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New regulations on the screening of non-EU nationals at the bloc’s external borders, which come into force this week, could have major implications for migrants and asylum seekers’ privacy rights, campaigners warn.
Ozan Mirkan Balpetek, Advocacy and Communications Coordinator for Legal Centre Lesvos, an island in Greece on the so-called Balkan Route for migrants seeking to reach Western Europe, says the new pact “will significantly expand the Eurodac database [European Asylum Dactyloscopy Database], creating overlaps with other databases, such as international criminal records accessible to police forces”.
“Specific provisions of the pact directly undermine GDPR regulations that protect personal data from being improperly processed,” Balpetek told BIRN. “The pact only expands existing rights violations, including data breaches. Consequently, information shared by asylum seekers can be used against them during the asylum process, potentially leading to further criminalization of racialized communities,” he added.
The European Council confirmed the deal in May, and it should start being implemented in June 2026.
This legislation sets out new procedures for managing the arrival of irregular migrants, processing asylum applications, determining the EU country responsible for these applications, and devising strategies to handle migration crises.
The pact promises a “robust” screening at the borders to differentiate between those people deemed in need of international protection and those who are not.
The screening and border procedures will mandate extensive data collection and automatic exchanges, resulting in a regime of mass surveillance of migrants. Reforms to the Eurodac Regulation will mandate the systematic collection of migrants’ biometric data, now including facial images, which will be retained in databases for up to 10 years. The reform also lowers the thresholder for storing data in the system to the age of six.
Amnesty International in Greece said the new regulation “will set back European asylum law for decades to come”.
“These proposals come hand in hand with mounting efforts to shift responsibility for refugee protection and border control to countries outside of the EU – such as recent deals with Tunisia, Egypt, and Mauritania – or attempts to externalize the processing of asylum claims to Albania,” the human rights organisation told BIRN.
“These practices risk trapping people in states where their human rights will be in danger, render the EU complicit in the abuses that may follow, and compromises Europe’s ability to uphold human rights beyond the bloc,” it added.
NGOs working with people in need have been warning for months that the pact will systematically violate fundamental principles, resulting in a proliferation of rights violations in Europe.
Jesuit Refugee Services, including its arm in Croatia, said in April in a joint statement that it “cannot support a system that will enable the systematic detention of thousands of people, including children, at the EU’s external borders.
“The proposed legislation will exponentially increase human suffering while offering no real solutions to current system deficiencies,” JRS said.
Despite criticism, the European Parliament adopted the regulation in April.
Individuals who do not meet the entry requirements will be registered and undergo identification, security, and health checks. These checks are to be completed within seven days at the EU’s external borders and within three days for those apprehended within the EU.
Under the new system, EU member states can either accept a minimum of 30,000 asylum applicants annually or contribute at least 20,000 euros per asylum applicant to a joint EU fund.
After screening, individuals will be swiftly directed into one of three procedures: Border Procedures, Asylum Procedures, or Returns Procedures.
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This day in history
#20yrsago Fiction, interview and review online at Strange Horizons https://web.archive.org/web/20030402125015/http://www.strangehorizons.com/Contents.html
#20yrsago Atwood: America is selling itself out https://www.thenation.com/article/archive/letter-america-3/
#15yrsago Hackers publish thousands of copies of fingerprint of German Minister who promotes fingerprint biometrics https://www.wired.com/2008/03/hackers-publish/
#15yrsago Dangers of a giant national database — article from 1967 was eerily prescient https://web.archive.org/web/20080401215049/http://blog.modernmechanix.com/2008/03/31/the-national-data-center-and-personal-privacy/
#5yrsago Rudy Rucker’s science fiction webzine Flurb #5 is out https://web.archive.org/web/20080305030119/http://www.flurb.net/
#15yrsago Homeless people disguised as stranded tourists sleep on Heathrow’s benches https://content.time.com/time/subscriber/article/0,33009,1729692,00.html
#10yrsago Nevada State Legislature poised to take regulation of Burning Man away from state and local cops https://burners.me/2013/03/30/the-man-vs-the-man-will-local-authorities-be-booted-from-burning-man/
#10yrsago TSA routinely violates own rules and the law to discriminate against people w/disabilities https://s.ai/tsa/
#5yrsago Dutch panic over infiltration of an apostate Scientology-alike into education and government https://www.bbc.com/news/world-europe-43584884
#5yrsago Under Armour: hackers stole the data of 150,000,000 Myfitnesspal users because of course they did https://www.reuters.com/article/us-under-armour-databreach/under-armour-says-150-million-myfitnesspal-accounts-breached-idUSKBN1H532W
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The Future of Digital Payments: Trends and Innovations
Introduction
In an increasingly digital world, the way we handle financial transactions has undergone a significant transformation. Digital payments have become a cornerstone of our everyday lives, offering convenience, speed, and security. As we look to the future, it is essential to examine the emerging trends and innovations that will shape the landscape of digital payments. From mobile wallets to cryptocurrencies, from IoT payments to biometric authentication, this blog explores the exciting possibilities that lie ahead.
1- Mobile Wallets and Contactless Payments
Mobile wallets have already gained substantial popularity, enabling users to make payments using their smartphones. As we move forward, the future of mobile wallets looks even more promising. We can expect to see enhanced features such as integration with loyalty programs, personalized offers, and seamless cross-border transactions. The convenience of contactless payments will continue to drive their adoption, with technologies like Near Field Communication (NFC) and biometric authentication ensuring secure and hassle-free transactions.
2- Cryptocurrencies and Blockchain Technology
The rise of cryptocurrencies, led by Bitcoin, has sparked a revolution in financial systems worldwide. As we look ahead, the acceptance and integration of cryptocurrencies into mainstream payment systems will likely continue to grow. Blockchain technology, the underlying technology behind cryptocurrencies, offers unparalleled security, transparency, and efficiency. Smart contracts, enabled by blockchain, will revolutionize business transactions, automating agreements and ensuring trust and immutability.
3- Internet of Things (IoT) Payments
The Internet of Things (IoT) is expanding rapidly, connecting various devices and enabling seamless communication. In the future, IoT devices will play a significant role in digital payments. For instance, smart refrigerators could automatically reorder groceries when supplies run low and connected cars could pay for tolls and parking fees without human intervention. The integration of IoT with payment systems will provide a frictionless experience, streamlining everyday transactions.
4- Biometric Authentication and Facial Recognition
Traditional methods of authentication, such as passwords and PINs, are prone to security breaches. Biometric authentication, including fingerprint and facial recognition, presents a more secure and convenient alternative. As technology advances, we can expect widespread adoption of biometric authentication in digital payments. This will enhance security, reducing the risks of identity theft and fraud while providing a seamless user experience.
5- Artificial Intelligence and Machine Learning
Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing various industries, and digital payments are no exception. AI-powered systems can analyze vast amounts of data, detect patterns, and identify fraudulent activities in real time. These technologies will strengthen security measures, reduce false positives, and enhance fraud detection and prevention capabilities. AI chatbots and virtual assistants will improve customer support, providing personalized recommendations and assistance in making payment decisions.
6- Cross-Border Payments and Digital Currencies
Cross-border transactions often face challenges such as high fees, long settlement times, and regulatory complexities. Digital currencies and blockchain technology have the potential to revolutionize cross-border payments. By eliminating intermediaries, reducing costs, and increasing transaction speed, cryptocurrencies or stablecoins backed by fiat currencies can facilitate instant and secure cross-border transfers. This will foster global economic integration and financial inclusion.
Conclusion
The future of digital payments holds immense potential for innovation and transformation. Mobile wallets, cryptocurrencies, IoT payments, biometric authentication, AI-powered systems, and cross-border innovations are just some of the trends that will shape the digital payment landscape. As we embrace these advancements, it is crucial to prioritize security, user privacy, and regulatory frameworks to ensure a seamless and secure digital payment experience for all. The digital payment ecosystem is evolving rapidly, and staying informed and adaptable will be key to capitalizing on the opportunities that lie ahead. With technology as an enabler, the future of digital payments is poised to enhance.
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