Payment Fraud Detection and Prevention: Here's All To Know

Payment Fraud Detection and Prevention: Here's All To Know

Key takeaways: With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by payment fraud. The best payment fraud prevention strategy requires careful risk assessment, planning, implementation, incident response preparation, and documentation. What is payment fraud? Payment fraud is the unauthorized use of an individual’s financial information to conduct illegal transactions. The overall strategy is to deceive individuals…

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Boost Agile team performance with scalable and flexible workflows with Lucid Software

Boost Agile team performance with scalable and flexible workflows with Lucid Software

Imagine one of your Agile teams is six months deep into a strategic digital initiative when they realize the solution isn’t working. Maybe it isn’t meeting customer requirements, or there is insufficient visibility into the project to specify where things are going off track. That’s not an uncommon scenario, according to The Agile Advantage study, in which 42% of Agile practitioners cited “unclear project requirements or scope changes” as top reasons for rework. A lack…

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HellCat Ransomware: What You Need To Know

HellCat Ransomware: What You Need To Know

What is HellCat? HellCat is the name of a relatively new ransomware-as-a-service (RaaS) group that first came to prominence in the second half of 2024. Like many other ransomware operations, HellCat breaks into organisations, steals sensitive files, and encrypts computer systems – demanding a ransom payment for a decryption key and to prevent the leaking of stolen files. So it’s your typical “double extortion” threat? Yes, although HellCat has been known to take a rather…

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Amateur Hacker Leverages Bulletproof Hosting Server to Spread Malware

Amateur Hacker Leverages Bulletproof Hosting Server to Spread Malware

A new, relatively low-skilled cyber threat actor has been uncovered leveraging the services of a bulletproof hosting provider (BPH) to deploy malware under the guise of legitimate software. The hacker, known by the moniker ‘Coquettte,’ was discovered by DomainTools researchers while investigating malicious domains hosted on Proton66. Proton66 is a Russian bulletproof hosting provider notorious for enabling cybercrime by ignoring abuse complaints. DomainTools shared its findings on Coquettte’s activity in a report published on April…

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Exploring the confluence of tech and sustainability for a better future

Exploring the confluence of tech and sustainability for a better future

Anand Deodhar, Group CIO/ Head IT, Force Motors, highlights, “With sustainability at the forefront of business strategy, Chief Sustainability Officers (CSOs) are pivotal to shaping the automotive industry’s future. Their role surpasses mere compliance, driving innovation, efficiency, and corporate responsibility. By integrating data analytics, automation, and green IT initiatives, Force Motors can align digital transformation with ESG goals, ensuring long-term sustainability while driving business growth.” Abhijit Chatterjee, CISO and Sr. Director IT, TCG Lifesciences asserts…

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David Liras, nuevo Chief Digital and Information Officer de Moeve

David Liras, nuevo Chief Digital and Information Officer de Moeve

Moeve ha anunciado formalmente la incorporación de David Liras a sus filas como Chief Digital and Information Officer. Una maniobra con la que la energética busca seguir impulsando su transformación tecnológica y digital, alineándose con la estrategia Positive Motion, con la que ambiciona posicionarse a la cabeza de la transición energética. Con el nombramiento del ejecutivo, las divisiones de Sistemas de la Información y Digital se funden en un único equipo que formará parte de…

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From concept to reality: A practical guide to agentic AI deployment

From concept to reality: A practical guide to agentic AI deployment

Deployment: Automating the LLM operations lifecycle Keep in mind that everything surrounding artificial intelligence and agentic AI is still evolving. We are seeing models being released faster, which introduces model management activities that we didn’t have to manage previously. Tooling is evolving and new frameworks are being released that make processes easier and more streamlined and that can reduce technical debt. You need to ensure your AI solution evolves as well. You will need to…

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Sensitive Data Breached in Highline Schools Ransomware Incident

Sensitive Data Breached in Highline Schools Ransomware Incident

Washington-based Highline Public Schools has warned that highly sensitive personal, financial and medical data has been breached as a result of a 2024 ransomware incident. The K-12 school district manages 34 schools containing around 17,500 students and 2000 staff in Washington state. It has recently completed a forensic investigation into the September 2024 ransomware attack. This revealed that an unknown actor had “gained access to certain systems on their network and accessed certain files.” The…

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7 common transformation mistakes and how to avoid them

7 common transformation mistakes and how to avoid them

In Italy alone, over 60% of large companies hinge their strategies for success on digitalization, indicating a lack of awareness and perspective of what digital transformation actually means. Investment isn’t the issue, but there’s a culture of thinking that technological change alone, rather than organizational change, creates digital transformation, which is a big first mistake to make on a path to evolution and modernization. “Whatever your needs are, the technology is there; that’s not the problem,” says…

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Edge AI for robots, smart devices not far off

Edge AI for robots, smart devices not far off

For companies like Rockwell, this evolution represents an opportunity to integrate edge AI capabilities throughout its product portfolios. The business outcomes from properly managed edge computing are substantial, including affordable access to data, faster software deployments, future-ready analytic platforms, improved security posture, better scaling of digital transformation initiatives, and reduced TCO. The Edge AI Foundation says CIOs and enterprises want automation and smart devices at the edge. “Edge AI is all about running AI workloads…

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