Collaborate Disseminate
Unless you’ve been under a rock, you’ll know that earlier this week Facebook announced plans for a new global cryptocurrency for absolutely everyone called Libra. Continue reading Facebook’s Libra cryptocurrency is big news but will it be secure?
Mastercard introduced the Mastercard Innovation Engine, an API based digital platform that enables issuers and merchants a simplified path to rapidly deploying digital capabilities and experiences to their customers. The plug-and-play platform seamless… Continue reading Mastercard’s new API based digital platform integrates fintech solutions and Mastercard capabilities
As new technologies and regulations bring new opportunities and challenges to the financial services industry, nearly two-thirds of established companies are leveraging fintech capabilities for growth, according to a new survey from Harvard Business Re… Continue reading Established companies leveraging fintech capabilities for growth
It’s just like the old saying: When you can’t hire them, offer to pay their student loan debt. Microsoft, Mastercard and Workday announced this week they’ve teamed with 11 federal government agencies as part of a Cyber Talent Initiative meant to fill hundreds of thousands of open cybersecurity jobs. Graduating college students can apply for a two-year placement in a security role at the FBI, CIA or another agency. At the end of that two years they’ll be eligible for a position at one of those three companies, which will pay up to $75,000 of their student loan debt as part of their deal. The Cyber Talent Initiative appears to be unique in the way it offers student loan assistance, but it’s hardly the only corporate effort meant to enhance an enterprise’s security posture. Mastercard and Microsoft also are involved with the Cyber Readiness Institute, a program in which Fortune […]
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Corporate security experts need to emerge from behind their physical cubicles and their digital firewalls to ensure that new technologies don’t create new vulnerabilities that could threaten their jobs, according to two executive-focused panels Monday at the RSA cybersecurity conference in San Francisco. Firms often fail to implement security measures amid their transition to the cloud, or when they implement the accelerated software production strategy known as DevOps, because security leaders fail to communicate with other departments, panelists said. “Because [new tools] are enabling business in a more rapid fashion, CISOs need to figure out how to turn security from ‘the business of no’ into something that enables functions,” said Kurt Hagerman, an executive adviser at the consultancy firm Coalfire. “You have to tie the value of your security program to the business. And that’s a skill a lost of CISOs today lack.” Too few companies have leaders who work together […]
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Continue reading Why CISOs must get better at connecting to the rest of the company
Redis Labs, a startup that offers commercial services around the Redis in-memory data store (and which counts Redis creator and lead developer Salvatore Sanfilippo among its employees), today announced that it has raised a $60 million Series E funding round led by private equity firm Francisco Partners. The firm didn’t participate in any of Redis […] Continue reading Redis Labs raises a $60M Series E round
Help is on the way for leaders at small and medium-sized businesses that have had to contend with cyberthreats that would be a challenge even for massive firms with multimillion-dollar security budgets. A program led by alumni of President Barack Obama’s cybersecurity commission was unveiled Monday, offering free tools and resources meant to help smaller companies better secure their corporate networks. The Cyber Readiness Institute was launched in July 2017 by the Center for Global Enterprise — an institution devoted to researching management practices, — to help small and medium-sized enterprises mitigate cyber risk. The Cyber Readiness Program, which launched Monday, includes support from private sector heavyweights like Mastercard, Microsoft, ExxonMobil and General Motors. The plan is for Fortune 500 companies to pass down cybersecurity know-how to companies with only a fraction of the resources, a method that ultimately aims to stop hackers before they can use one company as […]
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Continue reading Cyber Readiness Institute wants to help small firms fix their authentication issues
Currently, verifying your identity online is still dependent on physical or digital proof managed by a central party, whether it’s your passport number, your proof of address, driver’s license, user credentials or other means. This dependence places a … Continue reading Mastercard and Microsoft join forces to advance digital identity innovations
Identity management is one of the most cumbersome issues in information security today. How should organizations verify that people using a banking, e-commerce or other digital service are who they say they are? Mastercard and Microsoft are banding together to try to find a universal solution, the two companies announced Monday. Current identity management schemes are onerous for end users, Microsoft and Mastercard say. Organizations and individuals have to rely on things like a Social Security number, proof of address, a username and password or something else. “We believe that there is a huge need for a universally-recognized digital identity service the puts the individual in control. Right now, proving one’s identity online places a huge burden on individuals,” Charles Walton, Mastercard’s senior vice president of digital identity products, told CyberScoop in an email. “People have to successfully remember hundreds of passwords for various identities and are increasingly being subjected […]
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Mastercard hopes to build a new digital identity platform with the help of Microsoft.
The post Mastercard Partners With Microsoft for New Digital Identity Platform appeared first on Thurrott.com.
Continue reading Mastercard Partners With Microsoft for New Digital Identity Platform