CIO is the place where you find news, information technology articles, insight and analysis on major data breaches and online threats. Covering multiple aspects of world wide web, it provides in-depth, content rich information for IT professionals and normal users.
Credit card giant Mastercard envisions a future where consumers make purchases not only from smartphones, but via virtual assistants, cars and other connected machines. But with hackers trolling the dark corners of the web to grab financial gain with minimal effort, Mastercard must also be able to vet and secure purchases in mere milliseconds.
To facilitate its vision for a veritable Cambrian explosion in digital payments, Mastercard is using sophisticated fraud analytics systems and software, which is being increasingly augmented with artificial intelligence (AI) technologies, Ed McLaughlin, president of operations and technology at Mastercard, tells CIO.com. AI can help software and connected systems facilitate more secure payments than a human checking out at a kiosk using the traditional plastic card — even one with a chip embedded in it.
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A recent McKinsey article states that cyberattacks are costly, and they appear to be broadening in scope. Every corporate boardroom and even federal, state and local government agencies are discussing how to avert cyber threats. The State of Georgia is addressing this issue.
Governor Nathan Deal announced his vision for a Cyber Center in his State of the State Address on January 11, 2017. It was more than a vision; it became a reality in just 18 months with the ribbon-cutting ceremony on July 10, 2018. And now it is positioned to become one of the world’s leading centers for cybersecurity. Governor Deal tasked State CIO Calvin Rhodes to turn his vision into reality, and that he did. The story of how a unique collaboration among government, academia, the military and the private sector is resulting in a cyber ecosystem is truly remarkable. I had the opportunity to speak with Rhodes about the Cyber Center and following is an excerpt from our conversation.
Facebook and Google recently acknowledged data breaches affecting millions of users. This won't be the last time that happens. CSO's J.M. Porup and Computerworld's Ken Mingis examine what's really going.
Today’s businesses depend on constant, intimate digital relationships with suppliers, partners, and customers to remain top of mind and competitive. Intelligent technologies and big data often play a critical role across business operations—from C-suite decision-making to generating customized offers for online shoppers. Countless terabytes of data are stored in the cloud and more work is performed online, and an unfortunate byproduct has been dramatically increased corporate vulnerability to online attacks and more – and more expensive – security breaches. These realities are outlined in Accenture’s “2018 Securing the Future Enterprise Today” report, which also highlights the fact that some organizations are responding to this reality better than others, creating large gaps in cybersecurity resilience.