Page 10 - GS201001
P. 10

NewsBriefs






        Following are excerpts from news stories recently posted under Breaking Industry News on our   signs every data breach in the database
        home page. For links to these and other full news stories, please visit www.greensheet.com/break-  a Breach Clarity Score, which is most-
        ingnews.php?flag=previous_breaking_news.                                 often from 1 to 10. The higher the score,
                                                                                 the more severe the breach.

                                                                                 "Breach Clarity's artificial intelligence
                                                                                 algorithm simulates that advanced, ob-
                                                                                 jective analysis, and is available to any-
        Black Friday different, not dead, says Shopify Plus                      one as a free tool in the fight against
                                                                                 identity  fraud  and  cybercrime,"  the
        The COVID-19 pandemic's impact on retail businesses and the global supply   company wrote. To find the score, as
        chain was the topic of a Sept. 17, 2020, webinar hosted by Shopify Plus. Among   well as the risks and recommended
        the topics discussed were the future of epic shopping events such as Black   action for any publicly reported data
        Friday and Cyber Monday and how businesses are digitalizing products and   breach, visit www.breachclarity.com .
        services.
                                                                                 Study links first-time users
        Justin de Graaf, global head of research and insights, ad marketing at Google,   to digital abusers
        said, "Searches for online gift, online clothing stores and baby clothes online   Newly minted digital consumers have
        have grown globally by over 100 percent year over year. We've seen 400 percent
        growth in art supplies, online fashion, online shopping and meat delivery ser-  created a fertile playing field for fraud-
                                                                                 sters, according to a newly released
        vice; these jumps are huge and think about the behavior. If folks are comfort-
        able buying meat online, why not a car or something else?"               LexisNexis Risk Solutions Cybercrime
                                                                                 Report. The study analyzed more than
        Analysis of publicly reported data breaches available                    22.5 billion recent  transactions  in  the
                                                                                 LexisNexis Digital Identity Network,
        Data breach analysis firm Breach Clarity maintains a database of publicly re-  finding a 37 percent increase over the
        ported  data  breaches.  Through  a  proprietary  algorithm,  it  analyzes  and  as-  previous year's activity. Researchers
                                                                                 attribute changing consumer habits to
                                                                                 transaction growth throughout the on-
                                                                                 going COVID-19 pandemic.
                                                                                 Rebekah Moody, director of fraud and
                                                                                 identity at LexisNexis Risk Solutions,
                                                                                 said, "Fraudsters look for easy targets:
                                                                                 whether government supported pack-
                                                                                 ages, new lines of credit or media com-
                                                                                 panies with fewer barriers to entry.
                                                                                 We need to ensure that all consumers,
                                                                                 especially those who might be new to
                                                                                 digital, are protected."
                                                                                 Fintech honors 25 women leaders

                                                                                 New York-based The Financial Technol-
                                                                                 ogy Report released its 2020 list of top
                                                                                 25  women  leaders,  commending  hon-
                                                                                 orees  for  their  accomplishments  dur-
                                                                                 ing a turbulent year. The 25 honorees
                                                                                 have each played a role in moving the
                                                                                 fintech industry forward, the report's
                                                                                 editors stated.

                                                                                 Award recipients were nominated by
                                                                                 colleagues  and  peers,  many  of  whom
                                                                                 enthusiastically touted honorees in
                                                                                 press releases  and  on social  media.
                                                                                 For a list of all 25 honorees, visit www.
                                                                                 greensheet.com/breakingnews.php?article_
                                                                                 id=2445.



        10
   5   6   7   8   9   10   11   12   13   14   15