Why open banking apps must stay secure to earn consumer trust [Q&A]
Traditional banks are realizing that they must develop more user-friendly open banking apps if they're not to lose customers to fintech startups.
But it's critical that these apps gain the trust of consumers if open banking is to succeed. We spoke to Jasen Meece, CEO of Cloudentity to discuss how financial services companies can ensure their open banking apps and partners adhere to compliance standards and protect consumer’s personal data.
New app helps manage employee photo usage rights
Ensuring consent for the use of digital assets can be a bit of a nightmare. But a new solution from FotoWare ensures that employee photos are only used with the full consent of the subject, freeing content creators and managers who can quickly review, and refresh consents if usage changes.
FotoWare's Consent Management offers mobile and email based signature collection, along with searching and filtering media based on consent status.
How to address the FTC guidance on AI today
The Federal Trade Commission (FTC) recently published a blog entitled "Aiming for truth, fairness, and equity in your company's use of AI" that should serve as a shot across the bow for the large number of companies regulated by the FTC.
Signaling a stronger regulatory stance on deployed algorithms, the FTC highlights some of the issues with AI bias and unfair treatment and states that existing FTC regulations -- such as the Fair Credit Reporting Act, the Equal Credit Opportunity Act, and the FTC ACT -- all still apply and will be enforced with algorithmic decision-making.
New platform wants to simplify application security
The transition to agile development, the rise of microservices, and an increased reliance on cloud services for business operations due to the pandemic have all contributed to an explosion in software development and a dramatic reduction in software delivery time.
But as the speed and complexity of application development skyrockets, application security professionals increasingly find themselves unable to keep up. Silicon Valley startup ArmorCode has produced a next-generation application security solution that consolidates three key AppSec needs into a single intelligent platform and it's raised $3 million in seed financing to develop it further.
The normalization of data leaks and the privacy paradox [Q&A]
Is society becoming too accepting of data breaches? Do we claim to want more privacy but then continue to treat our own data in a cavalier fashion?
A recently leaked internal memo from Facebook revealed the company's plans to normalize data scraping leaks and change the way the public views these incidents.
New platform offers safe, self-service data sharing
In order to get the best value from data it's important that it's accessible to the right people in the business at the time they need it.
Data privacy specialist Privitar is announcing a new data provisioning platform that makes self-service data available safely, at scale, to the people who need it.
Updated platform helps enterprises adapt to security in a post-pandemic world
The digital transformation efforts spurred by COVID 19 have created major problems for enterprises in navigating privacy and security and put identity security high on the priorities list for this shift to a new, flexible work model
Identity management platform SecureAuth has announced updates to its platform to allow businesses to address these challenges.
The emergence of an alternative internet
Wow, 2020 was quite the year! Not just because of the pandemic that stopped the offline world, but because of some of the terrifying things that rocked our online world as well.
These are the ones that disturbed me the most:
How changes to tracking will affect the online world [Q&A]
The Identifier for Advertisers (IDFA) is a random device identifier assigned to a user's device which advertisers use to track data so they can deliver customized advertising.
But Apple is about to replace the iOS IDFA tracking system in iOS 14 with a new App Tracking Transparency (ATT) feature which will allow iPhone users to opt-out of tracking on third-party apps and sites. This, plus Google's crack down on third-party cookies, means privacy is a hot topic currently -- and all signs point to even more shifts in the coming year.
Tightly knit information security and knowledge management together
Cyber criminals have thrived during this pandemic. In the first quarter of 2020, DDoS attacks rose by 278 percent compared to the corresponding quarter in the previous year. UK business alone are estimated to have lost over £6.2 million to cyber scams through social engineering. Globally, taking advantage of people’s vulnerabilities and the overnight pivot to 'working from home', fraudsters tricked people into clicking on links to download malware and collect confidential corporate information. Threats of ransomware increased as well.
It’s no surprise then that to combat this situation, many enterprises, and especially professional services firms, who have long been targeted by cyber criminals, view adopting need-to-know security measures as a priority. It presents a sound way to restrict access to corporate data to those who need it or are authorized to view the information in today’s 'work from anywhere' business environment.
The challenges of navigating breach notification rules [Q&A]
New and updated privacy legislation is being launched around the world and a key component of these acts is breach notification requirements, which mean a business is required to notify individuals when their information falls into the hands of an attacker.
We spoke to Ralph Nickl, founder and CEO of Canopy Software to find out what what enterprises and consumers need to know about these laws and the challenges that compliance brings.
Compliance in your marketing? It's more necessary than you think
Recently, a report conducted by PFL and Demand Metric -- which surveyed nearly 600 marketing professionals across a variety of different industries -- revealed data accuracy, understanding audience needs, and branding as the three most important factors to multichannel marketing campaign success.
Data is critical for marketers conducting multichannel marketing campaigns because it’s used to personalized messages and reaching prospects at the right moment in their customer journey. When marketers rely on and analyze data within multichannel marketing initiatives and campaigns, they can measure and improve strategies in real-time, allowing for better, more segmented outreach. Without data to inform campaigns, marketers might as well write a message on a paper airplane and throw it out the window.
Millions of medical images openly available online
The analyst team at digital risk protection firm CybelAngel has discovered that more than 45 million medical imaging files, including X-rays and CT scans, are freely accessible on unprotected servers.
The findings are the result of a six-month investigation into Network Attached Storage (NAS) and Digital Imaging and Communications in Medicine (DICOM), the de facto standard used by healthcare professionals to send and receive medical data.
Businesses positive about data governance but still struggle with privacy concerns
According to new research 72 percent of enterprises believe data governance is an enabler of business value rather than a cost center.
However, the study from enterprise search specialist Sinequa also shows that data privacy concerns are ranked as a top barrier to being more data-driven as an organization.
Dealing with the security risks of unstructured data [Q&A]
Businesses are increasingly reliant on data. In the past that's generally been in a structured form but, thanks to increasing amounts of customer information gleaned via the IoT and channels like social media, unstructured data has taken on a new importance.
Yet unstructured data also introduces new risks. AI-based solutions specialist Concentric is launching a new data access governance solution that addresses the challenge of unstructured data security. We spoke to Karthik Krishnan, CEO at Concentric, to find out more.
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