Context On May 4, 2022, Connecticut became the fifth U.S. state to pass a set of data privacy rules and regulations aimed at protecting the privacy of its constituents. The bill, S.B. No. 6: Act Concerning Personal Data Privacy and Online Monitoring, joins similar legislative pieces passed in California, Virginia, Colorado and Utah. This rising trend…
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The last few years have seen a dramatic rise in high-profile ransomware cases, leading CISOs to bump ransomware planning to the top of their list of initiatives. However, just as companies have adapted to guard against this threat, ransomware gangs have adapted in turn, employing additional layers of extortion focused on exposing customer data. A…
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Any company operating a modern information technology environment can fall victim to system-encrypting ransomware. But not every company has fallen victim. Do companies that experience an operations-impacting ransomware event have poor cybersecurity hygiene? Or is the quality of cybersecurity hygiene not a factor in the frequency of ransomware events? To answer these questions, RiskRecon analyzed…
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The surge in online activity in recent years has led to a corresponding explosion in online fraud – a 140% increase in the volume of fraud attacks in 2021 compared to pre-COVID. Even enterprises with strong fraud prevention programs now struggle to confidently distinguish real consumers from cybercriminals. Confidence in the customer-vs-criminal question and the…
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It has been nearly twenty months since the outbreak of the COVID-19 global pandemic which has had a profound and lasting impact on the retail and hospitality business community. As we slowly begin to emerge from the pandemic, the upcoming holiday season offers both possibilities and potential new threats when it comes to payments. On…
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