Cyber-attacks destroy the trusted relationship with customers and partners, the lifeblood of financial services. The industry is also behind the curve when it comes to adapting to the changes in working practices and consumer behaviour, driven by rapidly evolving smart devices.
Accenture re-organizing-todays-cyber-threatsLapman Lee ✔
Banks are facing an urgent need to bring fraud risk management and IT security—two historic silos—more closely together to combat mounting data security and cyber threats.
Why is cyber security a disruption in the digital economyMark Albala
As we enter the digital economy, companies will quickly realize that the differentiator in the digital economy is information and information being a valuable resource is subject to theft, hacking, phishing and a host of other issues which compromise a company’s ability to participate in the digital economy. Cybersecurity misfires compromise the trust of buyers and partners necessary to participate in the digital economy. It is up to every company to ensure that the information shared with them is protected to the best of their ability and proactively notify persons and organizations who entrust their information necessary to transact business (any personal identity information including but not limited to addresses, credit card information, social security numbers, account information, credit information, medical records, etc.) with any potential compromises which can yield harm to them by that information either being used maliciously or shared with others.
The digital economy is different than other versions of commerce because in the digital economy, information is the lifeblood of digital commerce that passes through the hands of many platforms involved in a digital event. Each of these platforms are an opportunity to wreak havoc on your well-intended but incomplete intents to protect the information contained within the network you control. In the digital economy, it is not only the network you control, but the platforms that touch the personal data entrusted to you as a means of enabling digital commerce, and several techniques have begun to emerge to protect personal information contained within your information domain and the domain of platforms participating in digital commerce.
Because the life blood of the digital economy is information, information hacked in the digital economy is akin to shrinkage in the legacy economy. Both are means to directly attack your bottom line, whether it is redirecting customers elsewhere because they don’t trust your privacy program, ransomware which makes your site or one of your partner platform sites dangerous to use or some other reason which challenges your ability to participate in the digital economy. Shrinking the potential market share because of information safety and security challenges is a disruption, making cyber-security a disruptive activity, particularly if it is not dealt with swiftly.
If your cyber-security program is focused entirely on protecting the information housed in your four walls, you have exposed yourself to problems you will have difficulty in identifying both the source and the entry point of these issues.
Analyst Report: The Digital Universe in 2020 - ChinaEMC
This IDC Country Brief discusses China, where the amount of data created, replicated, and consumed each year will grow 24-fold between 2012 and 2020, according to the 2012 IDC Digital Universe study, sponsored by EMC.
This Frost & Sullivan analyst report reveals how the legal and threat environment, combined with BYOD and cost factors, make multi-factor, risk-based authentication the logical approach to solving the security challenges posed by threat actors.
This white paper examines the need for strong authentication and explores the return on investment that can be realized in order to help organizations move toward more effective security.
Accenture re-organizing-todays-cyber-threatsLapman Lee ✔
Banks are facing an urgent need to bring fraud risk management and IT security—two historic silos—more closely together to combat mounting data security and cyber threats.
Why is cyber security a disruption in the digital economyMark Albala
As we enter the digital economy, companies will quickly realize that the differentiator in the digital economy is information and information being a valuable resource is subject to theft, hacking, phishing and a host of other issues which compromise a company’s ability to participate in the digital economy. Cybersecurity misfires compromise the trust of buyers and partners necessary to participate in the digital economy. It is up to every company to ensure that the information shared with them is protected to the best of their ability and proactively notify persons and organizations who entrust their information necessary to transact business (any personal identity information including but not limited to addresses, credit card information, social security numbers, account information, credit information, medical records, etc.) with any potential compromises which can yield harm to them by that information either being used maliciously or shared with others.
The digital economy is different than other versions of commerce because in the digital economy, information is the lifeblood of digital commerce that passes through the hands of many platforms involved in a digital event. Each of these platforms are an opportunity to wreak havoc on your well-intended but incomplete intents to protect the information contained within the network you control. In the digital economy, it is not only the network you control, but the platforms that touch the personal data entrusted to you as a means of enabling digital commerce, and several techniques have begun to emerge to protect personal information contained within your information domain and the domain of platforms participating in digital commerce.
Because the life blood of the digital economy is information, information hacked in the digital economy is akin to shrinkage in the legacy economy. Both are means to directly attack your bottom line, whether it is redirecting customers elsewhere because they don’t trust your privacy program, ransomware which makes your site or one of your partner platform sites dangerous to use or some other reason which challenges your ability to participate in the digital economy. Shrinking the potential market share because of information safety and security challenges is a disruption, making cyber-security a disruptive activity, particularly if it is not dealt with swiftly.
If your cyber-security program is focused entirely on protecting the information housed in your four walls, you have exposed yourself to problems you will have difficulty in identifying both the source and the entry point of these issues.
Analyst Report: The Digital Universe in 2020 - ChinaEMC
This IDC Country Brief discusses China, where the amount of data created, replicated, and consumed each year will grow 24-fold between 2012 and 2020, according to the 2012 IDC Digital Universe study, sponsored by EMC.
This Frost & Sullivan analyst report reveals how the legal and threat environment, combined with BYOD and cost factors, make multi-factor, risk-based authentication the logical approach to solving the security challenges posed by threat actors.
This white paper examines the need for strong authentication and explores the return on investment that can be realized in order to help organizations move toward more effective security.
Mitigating Cyber-Threat in the Financial Industry of Bangladesh using Biometr...Dr. Amarjeet Singh
Information is such a thing which if misused, leaked or breached can lead to undesirable consequences. Financial institutions have a lot of data of their customers. These data’s are regarding customers’ personal information, transactions and many more which are highly sensitive. The entire system by which financial institutions such as – banks run, are required to be secured from cyber breach. As by breaching these systems’ can lead to financial disaster. The rapid growth of IT infrastructure is not only considered a convenient way for customers in many perspectives but also it point out the lack of skilled manpower in our country. In banking sector, ATM, E-money laundering are the domain where crime occurred most of the time. So, this paper focuses on developing a conceptual framework based on secondary sources which included publications, journal, books etc. regarding the problem of cyber-threat happening in Bangladesh. It describes how a financial institute can make safe transaction using biometric based public key infrastructure with the help of digital certificate.
Who is the next target proactive approaches to data securityUlf Mattsson
The landscape of threats to sensitive data is changing. New technologies bring with them new vulnerabilities, and organizations like Target are failing to react properly to the shifts around them. What's needed is an approach equal to the persistent, advanced attacks companies face every day. The sooner we start adopting the same proactive thinking hackers are using to get at our data, the better we will be able to protect it.
As information technology becomes ever more complex and Internet usage increasingly widespread, cybersecurity is becoming an increasingly important and business-critical field. Unfortunately, most organizations are not prepared to handle cybersecurity threats. In fact, 66% of IT and security professionals say that their firms are unprepared to recover from a cyber attack. A key example of this unpreparedness is the fact that many of the companies impacted by the WannaCry attack last year didn't install critical updates into their Windows infrastructure that had been released by Microsoft many months before.
Cyber Claims: GDPR and business email compromise drive greater frequenciesΔρ. Γιώργος K. Κασάπης
Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest cyber claims statistics.
Nearly a quarter of reported incidents in 2018 were due to business email compromise (BEC), up significantly from 11% in 2017. Ransomware, data breach by hackers and data breach due to employee negligence were the other main breach types in 2018.
As we enter the digital economy, companies will quickly realize that the differentiator in the digital economy is information and information being a valuable resource is subject to theft, hacking, phishing and a host of other issues which compromise a company’s ability to participate in the digital economy. Cybersecurity misfires compromise the trust of buyers and partners necessary to participate in the digital economy. It is up to every company to ensure that the information shared with them is protected to the best of their ability and proactively notify persons and organizations who entrust their information necessary to transact business (any personal identity information including but not limited to addresses, credit card information, social security numbers, account information, credit information, medical records, etc.) with any potential compromises which can yield harm to them by that information either being used maliciously or shared with others.
This purpose of this writing is to cover some of the core requirements for implementing cybersecurity, the accountabilities for cybersecurity risks and the information used to manage a viable cybersecurity program.
Shufti Pro identified various types of identity frauds in 2020 and as per the available information, businesses can expect an increase in criminal activities this year as well.
This research report studies the economic impact that Cyber Security attacks have on society as a whole. The aim of this analysis is to examine the negative and positive impact of these compromises on multiple entities. Our descriptive analysis focuses on individuals, private and public organizations, costs, revenues, innovations, and jobs to determine if proliferation's of these attacks are either, negative or positive. Although this
paper draws upon the economic factors as result of cyber-attacks, it looks at the outlay in its historical context of capital expenditures to private and public organizations due to the increased number of compromises and factors of this paradigm helping to fuel the growth of innovations or spawn a new industry as a whole.
This research report studies the economic impact that Cyber Security attacks have on
society as a whole. The aim of this analysis is to examine the negative and positive
impact of these compromises on multiple entities. Our descriptive analysis focuses on
individuals, private and public organizations, costs, revenues, innovations, and jobs to
determine if proliferations of these attacks are either, negative or positive. Although this
paper draws upon the economic factors as result of cyber-attacks, it looks at the outlay
in its historical context of capital expenditures to private and public organizations due to
the increased number of compromises and factors of this paradigm helping to fuel the
growth of innovations or spawn a new industry as a whole
'Game-changers' provides highlights on how CIOs are shaping the digital agenda of orgs & taking advantage of technologies to drive better business outcomes.
Mitigating Cyber-Threat in the Financial Industry of Bangladesh using Biometr...Dr. Amarjeet Singh
Information is such a thing which if misused, leaked or breached can lead to undesirable consequences. Financial institutions have a lot of data of their customers. These data’s are regarding customers’ personal information, transactions and many more which are highly sensitive. The entire system by which financial institutions such as – banks run, are required to be secured from cyber breach. As by breaching these systems’ can lead to financial disaster. The rapid growth of IT infrastructure is not only considered a convenient way for customers in many perspectives but also it point out the lack of skilled manpower in our country. In banking sector, ATM, E-money laundering are the domain where crime occurred most of the time. So, this paper focuses on developing a conceptual framework based on secondary sources which included publications, journal, books etc. regarding the problem of cyber-threat happening in Bangladesh. It describes how a financial institute can make safe transaction using biometric based public key infrastructure with the help of digital certificate.
Who is the next target proactive approaches to data securityUlf Mattsson
The landscape of threats to sensitive data is changing. New technologies bring with them new vulnerabilities, and organizations like Target are failing to react properly to the shifts around them. What's needed is an approach equal to the persistent, advanced attacks companies face every day. The sooner we start adopting the same proactive thinking hackers are using to get at our data, the better we will be able to protect it.
As information technology becomes ever more complex and Internet usage increasingly widespread, cybersecurity is becoming an increasingly important and business-critical field. Unfortunately, most organizations are not prepared to handle cybersecurity threats. In fact, 66% of IT and security professionals say that their firms are unprepared to recover from a cyber attack. A key example of this unpreparedness is the fact that many of the companies impacted by the WannaCry attack last year didn't install critical updates into their Windows infrastructure that had been released by Microsoft many months before.
Cyber Claims: GDPR and business email compromise drive greater frequenciesΔρ. Γιώργος K. Κασάπης
Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest cyber claims statistics.
Nearly a quarter of reported incidents in 2018 were due to business email compromise (BEC), up significantly from 11% in 2017. Ransomware, data breach by hackers and data breach due to employee negligence were the other main breach types in 2018.
As we enter the digital economy, companies will quickly realize that the differentiator in the digital economy is information and information being a valuable resource is subject to theft, hacking, phishing and a host of other issues which compromise a company’s ability to participate in the digital economy. Cybersecurity misfires compromise the trust of buyers and partners necessary to participate in the digital economy. It is up to every company to ensure that the information shared with them is protected to the best of their ability and proactively notify persons and organizations who entrust their information necessary to transact business (any personal identity information including but not limited to addresses, credit card information, social security numbers, account information, credit information, medical records, etc.) with any potential compromises which can yield harm to them by that information either being used maliciously or shared with others.
This purpose of this writing is to cover some of the core requirements for implementing cybersecurity, the accountabilities for cybersecurity risks and the information used to manage a viable cybersecurity program.
Shufti Pro identified various types of identity frauds in 2020 and as per the available information, businesses can expect an increase in criminal activities this year as well.
This research report studies the economic impact that Cyber Security attacks have on society as a whole. The aim of this analysis is to examine the negative and positive impact of these compromises on multiple entities. Our descriptive analysis focuses on individuals, private and public organizations, costs, revenues, innovations, and jobs to determine if proliferation's of these attacks are either, negative or positive. Although this
paper draws upon the economic factors as result of cyber-attacks, it looks at the outlay in its historical context of capital expenditures to private and public organizations due to the increased number of compromises and factors of this paradigm helping to fuel the growth of innovations or spawn a new industry as a whole.
This research report studies the economic impact that Cyber Security attacks have on
society as a whole. The aim of this analysis is to examine the negative and positive
impact of these compromises on multiple entities. Our descriptive analysis focuses on
individuals, private and public organizations, costs, revenues, innovations, and jobs to
determine if proliferations of these attacks are either, negative or positive. Although this
paper draws upon the economic factors as result of cyber-attacks, it looks at the outlay
in its historical context of capital expenditures to private and public organizations due to
the increased number of compromises and factors of this paradigm helping to fuel the
growth of innovations or spawn a new industry as a whole
'Game-changers' provides highlights on how CIOs are shaping the digital agenda of orgs & taking advantage of technologies to drive better business outcomes.
Analysis of Italian Crowdfunding Market (November 2013)twintangibles
Ivana Pais (Cattolica University) and Daniela Castrataro (twintangibles) wrote the updated edition of the “Analysis of Italian Crowdfunding Market”, to date the most complete report on the sector.
Nearly every Internet user has a mailbox. The number of emails exchanged daily is staggering. A large majority of these emails are SPAM (more than 70%) and never make it to people's inbox. If we are not careful, sending emails over IPv6 could kill email if all this SPAM is allowed to reach people's mailboxes. The anti-spam techniques used over IPv4 are not all portable to IPv6 because a database recording IPv6 addresses can become extremely huge quickly, it would be easier and more portable if the email identifier is a domain rather than an IP address...
Charla impartida por Juan Garrido de Informática 64, en el I Curso de Verano de Informática Forense de la Facultad de Informática de la Universidad de A Coruña.
The Inclusive Prosperity Commission is a major policy project of the Chifley Research Centre, the think tank of
the Australian Labor Party. Since its launch in 2014, the Commission has been exploring the threat to Australia’s future economic growth presented
by growing inequality – and new policies to respond.
At the heart of the matter is a simple premise: economies grow faster when everyone shares in the growth. More and more evidence now shows that rising inequality is a threat to economic growth, while only broadly shared prosperity can be sustained in the long-term. Inclusive prosperity means embracing the economic opportunities of our time and finding ways to ensure they serve the vast majority of society.
The Commission’s task has been to develop a new economic policy framework to guide Australia beyond the global financial crisis and the peak of the mining boom.
Co-chaired by Wayne Swan MP and Michael Cooney (Executive Director of the Chifley Research Centre), the Commission’s membership includes Cameron Clyne, David Hetherington, Dave Oliver, Peter Whiteford, Rebecca Huntley, Stephen Koukoulas, Tony Nicholson and Verity Firth. Amanda Robbins of Equity Economics has led the Commission’s staff.
This report will sit alongside new analysis from the IMF, World Bank and influential publications such as Thomas Piketty’s ‘Capital in the Twenty-First Century’ which point to the need for action against rising inequality.
The Chifley Research Centre is grateful for the contribution of the Center for American Progress as a project partner.
Once again, we’re excited to share our predictions for the coming year – we’ve sourced these from our experts across the business using our team collaboration tool Circuit. We hope you enjoy this summary of our predictions for 2016 and beyond. For a detailed look into our predictions, head over to the Unify blog http://bit.ly/1OhMm1f
Stay in touch with the latest from Unify by following @UnifyCo on Twitter.
Combating Cybersecurity Challenges with Advanced AnalyticsCognizant
Using an AI-powered analytics platform, IT organizations can shift from a reactive approach to security breaches, to proactively identifying increasingly sophisticated threat vectors and quickly resolving exploitable vulnerabilities.
7 Cybersecurity Statistics You Need to Know in 2023.pptxIT Company Dubai
Cybersecurity is not merely a topic of conversation within the IT channel anymore. It has become a focal point of concern for companies and
https://www.bluechipgulf.ae/cybersecurity-statistics-you-need-to-know/
https://www.bluechipgulf.ae/cyber-security-solutions-dubai/
Cybersecurity in BFSI - Top Threats & Importancemanoharparakh
Cybersecurity has been the major area of concern throughout 2022 and now 2023 is all set to witness a new version of cyber-attacks with advanced technologies.
Intelligence-Driven Fraud Prevention
This RSA white paper discusses the need for new, intelligence-based approaches to manage fraud across digital channels.
Shifting Risks and IT Complexities Create Demands for New Enterprise Security...Booz Allen Hamilton
Holistic Cyber Risk Management Programs in the Financial Industry Must "Predict and Prevent" in Today's Complex Threat Environment, says new White Paper.
Preparing today for tomorrow’s threats.
When companies hear the word “security,” what concepts come to mind
— safety, protection or perhaps comfort? To the average IT administrator,
security conjures up images of locked-down networks and virus-free devices.
An attacker, state-sponsored agent or hactivist, meanwhile, may view security
as a way to demonstrate expertise by infiltrating and bringing down corporate
or government networks for profit, military goals, political gain — or even fun.
We live in a world in which cybercrime is on the rise. A quick scan of the
timeline of major incidents (See Figure 1, Page 9) shows the increasing
frequency and severity of security breaches — a pattern that is likely
to continue for years to come. Few if any organizations are safe from
cybercriminals, to say nothing of national security. In fact, experts even
exposed authentication and encryption vulnerabilities in the U.S. Federal
Aviation Administration’s new state-of-the-art multibillion-dollar air
traffic control system
As a result of the pandemic's transition to remote work, companies have become more exposed to malicious assaults. To combat such attacks, you must keep a close eye on developing cybersecurity trends. The main cybersecurity trends for 2022 will be discussed in this article.
Read more: https://www.cigniti.com/blog/cybersecurity-trends-2022/
Commercial Real Estate - Cyber Risk 2020CBIZ, Inc.
Commercial real estate has always been an attractive cyber target offering sophisticated hackers a wealth of personal information store in banking, lease, and employment records and multiple transaction points. Enter COVID-19. Almost overnight, nearly all routine activities are tied to remote capabilities. Now, it’s cyber threat and cyber risk on steroids. Here's a cyber professional’s view of the situation and links to several additional resources.
1
2
Cyber Research Proposal
Cybersecurity in business
Introduction
Because of today's international economy, securing a company's intellectual property, financial information, and good name is critical for the company's long-term survival and growth. However, with the rise in risks and cyber vulnerability, most businesses find it difficult to keep up with the competition. Since their inception, most companies have reported 16% fraud, 37.7% financial losses, and an average of over 11% share value loss, according to data compiled by the US security. Most corporations and governments are working hard to keep their customers and residents safe from harm. There are both physical and cybersecurity risks involved with these threats. According to a recent study, many company owners aren't aware of the full scope of cybersecurity. People who own their businesses must deal with various issues daily.
Nevertheless, steps are being taken to address these issues. Customers and the company are likely to be protected by the measures adopted. Cybersecurity is one of the most pressing issues facing organizations today. Leaks of a company's intellectual property and other secrets may have devastating effects on its operations, as competitors and rivals will do all in their power to stop them. is an excellent illustration of this. This is perhaps the most talked-about security compromise of the year [footnoteRef:3]. The firm was severely damaged because of this. [1: "Database security attacks and control methods."] [2:q "Comprehending the IoT cyber threat landscape: A data dimensionality reduction technique to infer and characterize Internet-scale IoT probing campaigns."] [3: "The Equifax data breach: What cpas and firms need to know now." ]
Some individuals take advantage of clients by stealing highly important information to profit financially from their actions. For example, if the wrong individuals get their hands on your credit card information, you're in serious trouble since you might lose money. Some families lose all their resources, while others are forced to declare bankruptcy after being financially stable for a long period. Many of the findings of this study will be focused on cybersecurity and the sources of cybersecurity risks. The paper outlines a few of the issues and solutions that organizations may use to keep their operations and consumers safe from exploiting dishonest individuals.
Research question
According to the most recent study, more than 1500 companies have been exposed to some cybersecurity assault[footnoteRef:4]. This research details the specific types of attacks that have occurred. Organizational operations are affected, as is corporate governance, and the internal management of financial status is rendered ineffective due to these assaults. The question that will be investigated during the study is: [4: "Towards blockchain-based identity and access management for internet of things in enterprises."]
How doe ...
1
2
Cyber Research Proposal
Cybersecurity in business
Introduction
Because of today's international economy, securing a company's intellectual property, financial information, and good name is critical for the company's long-term survival and growth. However, with the rise in risks and cyber vulnerability, most businesses find it difficult to keep up with the competition. Since their inception, most companies have reported 16% fraud, 37.7% financial losses, and an average of over 11% share value loss, according to data compiled by the US security. Most corporations and governments are working hard to keep their customers and residents safe from harm. There are both physical and cybersecurity risks involved with these threats. According to a recent study, many company owners aren't aware of the full scope of cybersecurity. People who own their businesses must deal with various issues daily.
Nevertheless, steps are being taken to address these issues. Customers and the company are likely to be protected by the measures adopted. Cybersecurity is one of the most pressing issues facing organizations today. Leaks of a company's intellectual property and other secrets may have devastating effects on its operations, as competitors and rivals will do all in their power to stop them. is an excellent illustration of this. This is perhaps the most talked-about security compromise of the year [footnoteRef:3]. The firm was severely damaged because of this. [1: "Database security attacks and control methods."] [2:q "Comprehending the IoT cyber threat landscape: A data dimensionality reduction technique to infer and characterize Internet-scale IoT probing campaigns."] [3: "The Equifax data breach: What cpas and firms need to know now." ]
Some individuals take advantage of clients by stealing highly important information to profit financially from their actions. For example, if the wrong individuals get their hands on your credit card information, you're in serious trouble since you might lose money. Some families lose all their resources, while others are forced to declare bankruptcy after being financially stable for a long period. Many of the findings of this study will be focused on cybersecurity and the sources of cybersecurity risks. The paper outlines a few of the issues and solutions that organizations may use to keep their operations and consumers safe from exploiting dishonest individuals.
Research question
According to the most recent study, more than 1500 companies have been exposed to some cybersecurity assault[footnoteRef:4]. This research details the specific types of attacks that have occurred. Organizational operations are affected, as is corporate governance, and the internal management of financial status is rendered ineffective due to these assaults. The question that will be investigated during the study is: [4: "Towards blockchain-based identity and access management for internet of things in enterprises."]
How doe ...
The three main categories of the data network environment effecting IT security are all undergoing major change simultaneously. In the year ahead, these changes will manifest themselves as security challenges. These trends fall into three categories: client devices (the consumerization of IT); the external threat environment (the institutionalization of threat development); and the hosting environment (virtualization). Any one of these dynamics should shade the thinking of IT strategists inside companies and other organizations. Taken together, they may spur major re-evaluations of current practices.
A1 - Cibersegurança - Raising the Bar for CybersecuritySpark Security
In the past few years, a new approach to cybersecurity has emerged, based on the analysis of data on successful attacks. In this approach, continuous diagnostics and mitigation replace the reactive network security methods used in the past. The approach combines continuous monitoring of network health with relatively straightforward mitigation strategies. The strategies used in this approach reduce the opportunities for attack and force attackers to develop more sophisticated (and expensive) techniques or to give up on the target. In combination, continuous monitoring and mitigation strategies provide the basis for better cybersecurity.
Australian Government,
Corporate and NGO
partnerships establish
The Dandelion Program
to deliver social and
economic benefits for
workers with Autism
Spectrum Disorder and all
Australians
Retailers such as Tesco are using weather forecasting data to accurately predict – and fulfill – how the weather affects customer purchasing trends. For commercial enterprises there are also arguments in favour of opening up its own datasets as well as benefiting from open government data. Our BVEx infographic weighs up the pros and cons of both using and publishing data sets and brings you case studies from public and private sectors.
More from Hewlett Packard Enterprise Business Value Exchange (20)
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
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Eligibility Criteria:
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Income Limits: Applicants must meet income guidelines, which vary by region and household size.
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Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
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USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
2. Table of contents
1 Change with the times
1 Next-generation threats
2 BYOT—an expectation, not a privilege
2 Cyber-attack risks continue to rise
2 New attacks are coming—get prepared
3 Technology used to cope with coming threats
3 Identity is everything
4 Threat detection and attack analysis are evolving
4 Compliance and governance is essential
5 Playing field getting leveled
6 About the author
Viewpoint paper | Cyber crime is wreaking havoc
3. 1
Viewpoint paper | Cyber crime is wreaking havoc
Financial services are getting squeezed by massive social and
technological changes, and the need to modernize. Combine that
with the growth and sophistication of cyber crime, it’s time to
fight back and level the playing field with a strong security policy.
Change with the times
Banking executives are aware of the cyber threats directly impacting financial services, and the
erosion of trust that such attacks invariably entail.
They are also aware of the dramatic changes happening in IT infrastructures, and consumer-
driven tech trends such as bring your own technology (BYOT); it’s forcing them to rethink much
of what they have practiced in the last 20 years.
While these trends are happening now, what follows in the next 10 years is likely to be
even more disruptive. Many sectors are already preparing for the future, but is the financial
services industry (FSI) in danger of being overwhelmed due to its ingrained technological
conservatism—particularly when it comes to security policy?
Next-generation threats
Cyber attacks that steal money, intellectual property, or launch political attacks can destroy
trusted relationships with customers and partners, which is your lifeblood.
Banks, understandably, still rely on keeping large parts of their organizations behind firewalls,
much as they still prefer gigantic headquarters buildings to give an assurance of trust,
reliability, and permanence.
Appearances can be deceptive, and old school defences can give a false sense of reassurance.
A continued reliance on centralized, mainframe network architecture reduces flexibility when
dealing with next-generation attacks.
At the same time, it puts financial institutions at a disadvantage, trying to adapt to fundamental
changes in working practices and consumer behavior—driven by rapidly evolving, always-
connected smart devices. By not adapting, they will lose out to rivals that learn how to securely
embrace the change for customers and employees, and new innovative FSI sector entrants that
have already disrupted their own sectors, such as retail.
4. 2
BYOT—an expectation, not a privilege
In other industry sectors, BYOT is no longer seen as a privilege. It’s becoming a multilayered,
multipurpose device of choice that shares business and personal data and functions. This trend
will accelerate; devices will become extensions and virtual outposts of the central organization
and hubs for personal data clusters now developing. How ready is your organization for this?
The pace of development in smart devices outstrips anything in conventional network
architecture or desktop PCs. Financial services will have to accept that employees will use these
devices or become potential dinosaurs in a newly competitive, disruptive financial services sector.
Cyber-attack risks continue to rise
Banks and financial institutions have no choice but to adapt to BYOT and other social and
technical trends. Cyber attacks are out of their control and will increase exponentially in the
next 10 years. The negative cost of each attack will also increase. The Ponemon 2013 Cost
of Cyber Crime Study, sponsored by HP, pegs the average annual cost of cyber crime for
organizations at $7.2 million in 2013, up 30% from 2012.
That figure has risen every single year the survey has run. Meanwhile, according to a recent
report by Booz Allen, a consultancy firm, cyber attacks are the “new normal” for the financial
services industry.1
In the United States (U.S.), The Depository Trust Clearing Corporation (DTCC) has named
Distributed Denial of Service (DDoS) attacks as one of the three types of attacks that pose a
“systemic risk” to the financial system. The organization, which settles the majority of securities
transactions in the U.S., said DDoS attacks against financial institutions have dramatically
increased in the last 12 months. Such attacks are also often used as a smokescreen for more
targeted attacks and to exploit pressured call center staff vulnerable to phishing attacks.2
New attacks are coming—get prepared
Worse is coming. The European Union (EU) sponsored International Cyber Security Protection
Alliance (ICSPA) has predicted that 2020 will see cyber criminals using some or all of the
following tactics and malicious technologies. Some are based on the very technologies that
banks and others are using to lower IT costs, such as cloud and virtualization.
• Exploitation of Near Field Communication (NFC) technologies, which banks will be using for
new services in the future
• Highly distributed denial of service attacks using cloud infrastructures
• A move from device-based to cloud-based botnets, hijacking distributed processing power
• A mature illicit market for virtual items—stolen and counterfeit
• Physical attacks against data centers and Internet exchanges
• Electronic attacks on critical infrastructure, including power supply, transport, and data services
• Micro-criminality, including theft and fraudulent generation of micro payments
• Bio-hacks for multifactor authentication components
• High impact, targeted identity theft and avatar hijack
• Sophisticated reputation manipulation
• Augmented reality misused for attacks and frauds based on social engineering
• Hacks against connected devices with direct physical impact such as wearable technologies
Viewpoint paper | Cyber crime is wreaking havoc
1
boozallen.com/media-center/press-
releases/48399320/booz-allen-releases-
annual-cyber-security-trends-for-2014
2
Ibid.
The Ponemon 2013 Cost of Cyber Crime Study,
sponsored by HP, pegs the average annual cost
of cyber crime for organizations at $7.2 million in
2013, up 30% from 2012.
5. 3
Not all these threats will disrupt financial services, but some certainly will, and it’s clear that
none would be stopped by contemporary cyber defences.
Banks will want to use NFC to introduce new products and fast payment solutions. How will
they protect their customers from aggressive targeted attacks and the use of avatar-based—a
highly advanced digital creation assembled from numerous stolen aspects of an individual’s
real identity—attacks? Where banks can be fooled into thinking they are dealing with a real
customer online, when they’re not. In this next level of identity theft, bank customers find
themselves “cloned” online. Right now, it’s unlikely that plans are being put in place to beat such
advanced criminal techniques.
Denial-of-service attacks will increase in number and intensity as criminals have seen the
fruits of fostering disruption and fear among bank customers. This industrialization of micro-
payment fraud will put huge new pressure on staff and security policies to contain multiple
account harvesting techniques.
Therefore, unless the banking industry initiates change now, it will be highly vulnerable to the
systemic failure that the DTCC fears.
Technology used to cope with coming threats
Neil Passingham, technical solutions director at HP, believes that security is always behind the
threat curve. He said, “We need to leverage resources—make the most of Big Data and the
cloud for example. CISOs are advised to use present day solutions but what they really want is
to be listened to. We need to align serious solutions that secure their business.”
All leading security vendors should heed this statement. Given whole new attack types that will
seek out vulnerabilities in tools and infrastructures—and the use of super-connected devices—
financial services, like other organizations, need to urgently switch attention to application
layers and the data itself.
The organizational perimeter needs to shrink to an absolute minimum core data piece, where
data simply cannot be breached. All else can be protected as much or as little as needed by
using mature risk assessment controls.
Beyond that, the focus must be on advanced encryption techniques, and security analytics
that exploit the power of Big Data. This will turn enterprises from reactive security positions to
intelligence-based positions, where risk positions are calculated around hard data readings with
attack lines plotted before they can happen.
New forms of identity such as unique personal data clusters will be needed to combat
aggressive phishing and fraud attacks. The trend will be toward creating online identities and
access models that rely on multifaceted digital profiles based on an individual’s online behavior
rather than simple two-factor authorization.
Identity is everything
True identity is the lifeblood of financial services, but the measurement of identity needs to
change. Passwords, two-factor, even biometric systems are flawed. Identity as implemented in
enterprise applications doesn’t necessarily align with how identity works in the real world.
Systems are being researched and will be brought to market that create complex identity sets
based on personal data clusters and an individual’s data history rather than passwords that can
be stolen or easily guessed. A “biodata” identity system is more secure than even biometric data
such as fingerprint or eye scans, which have been proven not to be failsafe. This is all part of how
data analytics, Big Data, and informatics will form the core of next-generation cyber defences.
Viewpoint paper | Cyber crime is wreaking havoc
Unless the banking industry initiates change now,
it will be highly vulnerable to the systemic failure
that the DTCC fears.
6. 4
Threat detection and attack analysis are evolving
Elsewhere, forensics are moving from a method of simply analyzing a cyber attack after the event,
to a tool that can profile the cybercriminal and attack methods by building bio data patterns of
criminal and malware activity. Such digital forensics will become an integral part of the enterprise
in the near future. It can also be used to monitor employee behavior to cope with insider threats
and unusual data patterns or financial movements. There are a number of developments in this
area. For example, a number of vendors are developing their own threat intelligence services
such as a “next-generation” security operation center (SOC) and security intelligence as a
service and other “human factors” research to help meet the 2020 cyber challenge. 3,4,5
Conventional signature-based anti-malware solutions cannot cope with 2013 levels of malware
production, let alone those predicted for 2020. New anti-malware solutions, which are already
appearing, trap malware at a micro visor level, so it can’t enter the organization at any level or
point—and the infected file can be safely extracted. New-generation security protocols will
adjust, seek out, and quarantine perceived threats before any system is compromised.
Compliance and governance is essential
Unfortunately for security managers in financial services, turning to governments for help in
dealing with next-generation threats is likely to end in disappointment.
Instead bodies such as the EU, U.S. Federal Government, and increasingly powerful Middle
Eastern and Asian agencies are likely to make financial services work harder to meet new
compliance regulations as emphasis will be firmly made on banks’ responsibilities to protect the
consumer, bank customers, and partners.
When Islamic hacktivists attacked U.S. banks in early 2012, the response was not sympathy,
rather calls from government for greater diligence on the part of the banks themselves.
At the same time, progress on international cooperation to defeat cyber crime and state
sponsored cyber attacks on banks and other organizations is limited, and the situation is
unlikely to improve anytime soon.
Revelations by whistle-blower Edward Snowden are likely to make governments cooperate
less on issues of cyber security. Sadly, Snowden revealed that even allies are willing to use
cyber means to spy on each other—hardly the spirit to foster international cooperation against
mutual enemies.
Financial services information leaders face the prospect of uncontrolled international
cybercrime, and governments concerned with locking down and protecting their own
infrastructures from their allies, while responding to public concern about data breaches with
tighter governance and higher financial penalties. A failure to invest in data management
systems that assist in meeting compliance rules will not be an option.
Complicating the picture, as banks open up and abandon their traditional security posture to be
more competitive and efficient, they increase their actual risk of exposure to compliance busting
data breaches.
Viewpoint paper | Cyber crime is wreaking havoc
3 en.wikipedia.org/wiki/Data_analysis_
techniques_for_fraud_detection
4 eweek.com/small-business/hp-updates-arcsight-
portfolio-with-security-analytics/
5 techrepublic.com/blog/it-security/how-user-
behavior-monitoring-helps-reduce-risk/
Given that whole new attack types will seek out
vulnerabilities in tools and infrastructures—and
the use of super-connected devices—financial
services need to urgently switch attention to
application layers and the data itself.
7. 5
Playing field getting leveled
No doubt the picture for financial services is a hugely challenging one. They are squeezed by
massive social and technological changes, and the need to modernize. At the same time, an
unprecedented period of growth and sophistication of cyber crime is predicted. And there will
be further legislative pressure in a globalized market.
At the same time, vendors and the information security industry are fighting back with a level
of innovation that has been absent for too long. Advances in Big Data analytics, intelligent
anti-malware techniques, digital forensics, and identity science are emerging, which will start to
level the playing field back in favor of a financial services sector that must change itself at the
same time.
Learn more at
hp.com/enterprise/security
Viewpoint paper | Cyber crime is wreaking havoc