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Increased Greenwashing Stains ESG Efforts: Report

Information Week

A European report says greenwashing is on the rise at companies in America and Europe -- especially in the banking and financial services sectors. Social washing” is also increasing.

Report 146
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The business value of social sustainability

CIO Business Intelligence

Social sustainability is good for business. And companies are taking it seriously: a recent NTT report found that more than 40 percent of executives surveyed said social sustainability is a top imperative for their C-suite and Board of Directors. For instance, the World Bank estimates a $160.2 million on average.

Social 105
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57,000 Bank of America Customers' Data Compromised in Breach

SecureWorld News

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. According to breach notification letters , the exposed customer data includes names, addresses, Social Security numbers, dates of birth, and financial account details.

Banking 89
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Beware of Bank of America data breach if you own an account

Dataconomy

Bank of America data breach has been confirmed by the officials and customers are worried. One of the most notable recent cases is the Bank of America data breach, which underscores the importance of cybersecurity vigilance and the ongoing need to protect your personal information. What information was exposed?

Banking 77
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Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

Malware 74
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Microsoft reports investments in banks, funds and other programs supporting Black-owned companies

GeekWire

based software and cloud giant offered an upbeat report, saying that in some cases programs that were expected to take years to build up have been accomplished in a matter of 18 months. Microsoft reports that it has reached its goal of committing $100 million to mission-driven banks, which provide capital to diverse communities.

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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO Business Intelligence

Digitalization is a double-edged sword for banks, especially when it comes to security. As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy.