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Massive Losses Define Epidemic of ‘Pig Butchering’

Krebs on Security

“It’s run by a fraud ring of cryptocurrency scammers who mine dating apps and other social media for victims and the scam is becoming alarmingly popular.” The now-defunct homepage of xtb-market[.]com, Nolan’s mentor had her create an account website xtb-market[.]com The now-defunct xtb-market[.]com.

Marketing 339
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Q&A: Why SOAR startup Syncurity is bringing a ‘case-management’ approach to threat detection

The Last Watchdog

SOAR, if you haven’t heard, is a hot new technology stack that takes well-understood data mining and business intelligence analytics methodologies — techniques that are deeply utilized in financial services, retailing and other business verticals – and applies them to cybersecurity.

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ABBYY Releases Research: State of Process Mining and Robotic Process Automation

Info Source

Global survey results released today found that process knowledge is the primary success factor for robotic process automation (RPA) projects, yet only 31% of US organizations are currently using process mining tools to understand their processes. Process mining . Streamlining HR onboarding.

Mining 52
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Artificial Intelligence: 6 Step Solution Decomposition Process

Bill Schmarzo - Dell EMC

Note: throughout this blog, when I use the term “artificial intelligence,” I mean that to include other advanced analytics such as deep learning, machine learning (supervised, unsupervised, reinforcement), data mining, predictive analytics, and statistics (see Figure 1). Figure 3: PNC Financial Services Group 2015 Annual Report.

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% In our analysis and review of the fraud prevention, detection and management market, a number of providers stood out. of attacks IBM handled, respectively.

Analytics 111
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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cisco Umbrella , analyzing the threat environment for 2022, found that 86% of organizations experienced phishing, 69% experienced unsolicited crypto mining, 50% were affected by ransomware, and 48% experienced some form of information-stealing malware. Capital markets, insurance, financial services, and banking are now online.

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ABBYY Partners with Alteryx Extending the Alteryx Analytic Process Automation Platform with Deeper Process Intelligence

Info Source

“Digital transformation is often oversimplified to refer to efforts being attempted with RPA technology, but our experience shows that a one-size fits all automation approach is naïve,” commented Scott Opitz, chief marketing officer at ABBYY.