Biometric technology such as facial recognition is changing how companies ensure security and prevent fraud across many industries, says the 2019 CBInsights report. 

The New York State Senate passed Senate Bill S3335, or the Fingerprint Bill, which requires all religious and private schools in New York to run fingerprints and a background check on potential employees. 

Theft, fraud and losses from other retail “shrink” totaled $50.6 billion in 2018, up from $46.8 billion the year before as industry security executives said there is a growing overlap between loss prevention and cybersecurity efforts.

A New York school district which planned to unveil a facial recognition system, intended to stop intruders, has paused the installment due to security and student privacy concerns, according to a news report. 

Most SMEs think Artificial Intelligence (AI) is crucial to the state and future of cybersecurity.

Cybercriminals exposed 2.8 billion consumer data records in 2018, costing more than $654 billion to U.S. organizations.

Eighty-six percent SMB clients were recently victimized by ransomware and 21 percent report six or more SMB attacks in the first half of 2017 alone, according to Datto’s State of the Channel Ransomware Report.