As we navigate the complexities of cybersecurity in 2024, state and local government leaders are standing at a critical juncture. Establishing a comprehensive cyber defense strategy has become an indispensable requirement for state and local governments.
It’s no secret that banking applications – both traditional and emerging fintech apps – still remain a prime target for financially-motivated cyberattacks. Cybercriminals are money-motivated, targeting the applications and institutions with the potential for the highest reward.
By harnessing the capabilities of AI to detect, mitigate, and recover from ransomware attacks, organizations can fortify their cyber resilience, safeguarding critical infrastructure and the essential services they provide to society.
The market for location data is staggering, surpassing $12 billion annually. Yet, it's riddled with privacy pitfalls. Precise location is particularly concerning among the trove of personal data brokers collect.
Aimed at restricting the flow of sensitive American data to "countries of concern" like China and Russia, this new executive order, signed by President Biden in February, has been framed by some as a step toward safeguarding the personal data of U.S. citizens from foreign threats.
Generative AI (GenAI) has prompted fears about data security and privacy, but it may also be the tool that organizations have been looking for to improve security and privacy through better data handling.
Fraud detection and cybersecurity have traditionally been separate disciplines. However, increasingly sophisticated attacks, especially those targeting APIs with malicious bots, demand a more integrated defense.
Weak cyber security practices mean a company will almost certainly experience a data breach – the only question is the order of magnitude of dollars lost, reputational damage, and downstream harm to the individuals who trusted the company with their data.
International firms, particularly those big Tech firms with operations in major markets such as China, EU and the US, are facing an increasingly challenging task in the evolving data security and personal information protection regulatory environment.
While the APRA is still a “discussion draft,” it aims to provide a national data privacy and security framework outlining consumer rights and data management requirements. Under the APRA, companies would have to limit the types of consumer data they collect, retain, and use, allowing only data needed to operate their services.









