Account takeover and fraud schemes are costing consumers, banks, retail organizations, healthcare and other online businesses billions of dollars each year. What’s more, the cost of these attacks is on the rise—according to Riskified, losses from account takeover rose 122 percent from 2016 to 2017 and increased by 164 percent the following year.
University of Arizona electrical and computer engineering researchers are training a future cybersecurity workforce and creating bioinspired methods for keeping computers secure.
The Department of Justice published an open letter to Facebook from international law enforcement partners from the United States, United Kingdom and Australia in response to the company’s publicly announced plans to implement end-to-end-encryption across its messaging services.
Dr. Eman El-Sheikh, director of the University of West Florida Center for Cybersecurity, will serve on the newly established Florida Cybersecurity Task Force.
For a long time, it may have seemed like consumers virtually had no power, and that businesses could do anything they want with individuals’ private information with nearly no repercussions – but that time is rapidly expiring. With increased state regulations, it is clear that businesses must step up their security game by pseudonymizing their data, rendering the data unidentifiable, so when that data travels across state lines and organizational boundaries, the data is still protected, as well as the business and its reputation.
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