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Insider fraud has emerged as a critical challenge for Nigerian banks, with recent statistics showing a 23.4% increase from the previous quarter, jumping from 47 to 58 incidents. Although insider fraud represents a smaller fraction of overall fraud incidents, its impact is disproportionately severe. Employees with privileged access
Insider fraud has emerged as a critical challenge for Nigerian banks, with recent statistics showing a 23.4% increase from the previous quarter, jumping from 47
In 2019, British Airways faced a staggering £183 million fine for a data breach that exposed the personal information of around 500,000 customers. This incident,
Microsoft’s move to enforce mandatory multifactor authentication (MFA) underscores the growing importance of securing user accounts and sensitive data. With Microsoft rolling out MFA enforcement
The European Central Bank found that strong customer access measures, including non-repudiation, helped reduce online banking fraud by 50% in the EU between 2019 and
During a recent conversation with a tech founder from Norway, she shared a harrowing experience from the COVID-19 pandemic. After being robbed of her phone
In 2024, over 91% of employees want flexible work arrangements. This shift opens doors for remote collaboration but also increases cybersecurity risks, with 84% of
Insider fraud has emerged as a critical challenge for Nigerian banks, with recent statistics showing a 23.4% increase from the previous quarter, jumping from 47 to 58 incidents. Although insider
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