Law enforcement agencies from Austria, Cyprus and Czechia have collaborated to dismantle an online cryptocurrency scam, resulting in the arrest of six Austrians allegedly behind the scheme. The investigation, supported by Europol and Eurojust, targeted the orchestrators of a purportedly new cryptocurrency launched in December 2017.  Following six house searches, authorities seized over EUR 500,000 in cryptocurrencies and EUR 250,000 in fiat currency and froze numerous bank accounts. Additionally, assets, including two cars and a…

Alex Gay, Senior Director of Product Marketing, Adobe Document Cloud  Most business today can be described as MORE—more technology, more meetings, more projects, more data, and more documents. Coupled with the increasing expectations to do more with less, it’s a lot for knowledge workers to handle. In fact, according to MIT Sloan, 80 percent of knowledge workers experience information overload and it’s impacting productivity. Adobe’s Future of Digital Work survey reported that knowledge workers waste nearly…

Data breaches and device losses within UK government departments have potentially put the information of over 10,000 customers at risk. The findings come from Apricorn, a manufacturer of hardware-encrypted USB drives, based on a compilation of annual Freedom of Information (FOI) responses. Disclosed today, the figures reveal alarming statistics regarding breaches reported to the Information Commissioner’s Office (ICO) by HM Revenue and Customs (HMRC) during 2023. According to the company, HMRC’s declaration of 18 breach…

By Claude Mandy, Chief Evangelist at Symmetry Systems Organizations depend on data to operate. From day-to-day operations to strategic decisions, data is what keeps an organization ticking. As digital transformation marches on, the volume of data generated by businesses grows exponentially – and data security challenges grow with it. Here, we will explore some of the most common challenges organizations face when it comes to securing data, the risks associated with them, and best practices…

And with just six underwriters on staff, Expion could respond to only about 200 RFPs per year, limiting the company’s ability to bring in new business. Machine decisions In August 2023, the Expion IT team, with support from executive leadership, launched an internal project to automate the complex underwriting process for prescription cost management. In about six months, Expion’s two AI developers created ExpionIQ Advisor, a tool that uses linear regression, multiple algorithms, and custom-built…

Stephen Khan, Chief Business Information Security Officer at Cognizant Technology Services, has been announced as the recipient of the prestigious Hall of Fame Award for Infosecurity Europe 2024, as announced by Infosecurity Group. During the event he will also deliver the highly anticipated Infosecurity Hall of Fame Annual Lecture on the Keynote Stage titled “Four Attributes Companies Want from a Security Leader, and Why?”. His address will delve into why companies pay considerable fees to…

The AI systems the document mostly focuses on fall into the unacceptable risk and high-risk categories. The former includes banned AI applications, such as those assessing individuals based on socioeconomic status. The EU also prohibits law enforcement from performing real-time remote biometric identification in public spaces, and it’s also against emotion recognition in the workplace and at school. The latter category covers areas like critical infrastructure, exam scoring, robot-assisted surgery, credit scoring that could deny…