CybersecurityE-commerceIndustry Trends

Cybercrime Report Reveals New Opportunities, Risks For Canada, U.S. During Pandemic

FIRST HALF OF 2020 FINDINGS HIGHLIGHT OVERALL DECLINE IN HUMAN-INITIATED ATTACKS, GROWTH IN BOT ATTACKS TARGETING FINANCIAL SERVICES ORGANIZATIONS LexisNexis Risk Solutions released its biannual Cybercrime Report, which tracks global cybercrime activity from January through June 2020. The report dives deep into how the COVID-19 pandemic has impacted the global …

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Cybersecurity

EY survey finds board-business dynamic is contributing to cyber risk

Disconnect leading to one-third of Canadian organizations unable to articulate potential threats; 34% of Canadian organizations have yet to fully articulate their cyber risks TORONTO, ON–A disconnect between cybersecurity efforts and business functions is putting more Canadian organizations at risk as information gaps leave leaders with a limited understanding of potential …

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Cybersecurity

Advanced technologies such as AI, blockchain and continuous authentication to transform the connected era in 2030

Frost & Sullivan Analyzes the Future of Privacy and Cybersecurity SANTA CLARA, CA-Frost & Sullivan’s recent analysis, The Future of Privacy and Cybersecurity, Forecast to 2030, finds that by 2030, there will be a complex global network of 200 billion devices, with over 20 connected devices per human. As the …

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CybersecurityPayments

Moneris Checkout delivers greater payment security, flexibility, control for online businesses

Moneris Checkout combines hosted payments with advanced fraud prevention features in a convenient, compact solution Toronto, ON –Moneris Solutions Corporation introduced Moneris Checkout, a comprehensive online payment acceptance solution designed to meet the needs of Canadian businesses regardless of size. Secure and flexible, Moneris Checkout offers businesses an easy way …

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AppointmentsCybersecurity

BMO Appoints Sri Dronamraju as Chief Information Security Officer

TORONTO, ON–BMO Financial Group today named Sri Dronamraju as Chief Information Security Officer (CISO). The appointment is effective January 6, 2020. Dronamraju will oversee the bank’s global strategy for cyber security. Reporting to both Larry Zelvin, Head Financial Crimes, and Ken Librot, U.S. Chief Technology and Operations Officer, Mr. Dronamraju …

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AICybersecurity

Kount Introduces Industry’s First Complete Solution for Criminal, Friendly Fraud

BOISE, ID–Kount, the leader in AI-driven fraud prevention, today introduced the most comprehensive solution to protect digital businesses from criminal and friendly fraud. Kount’s Friendly Fraud Prevention Solution features Visa Merchant Purchase Inquiry (VMPI), a component of Visa’s Claim Resolutions process, which helps businesses save the sale, prevent chargebacks and …

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Cybersecurity

Zebu Closes $4-Million USD in Seed Funding to Work With Small and Mid-Sized Businesses on Security and Communication

Waterloo-based Zebu launched its secure business management platform in Canada this October and has already amassed around 5,000 users WATERLOO, ON–Zebu is excited to announce that after closing its most recent funding round, it has now secured a total $4-million USD to date. The Waterloo-based tech startup has launched a …

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AppointmentsCybersecurity

Restructuring at Desjardins Group

MONTREAL, QC–In response to the events of recent months, Desjardins Group President and CEO Guy Cormier has announced major changes to the organization’s structure. Several months ago, Desjardins launched an internal review of the privacy breach. Based on the findings of this review, Desjardins is announcing that it is restructuring …

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Canadian Equipment Finance Winter 2019 IssueCybersecurity

The need for secure digital identities

By John D’Apolito Trust, security and confidence in partners are the fundamental underpinnings of supplier/procurement relationships, especially today’s digital supply chain. For without current information, such as potential red flags or insights into ethical practices, partners will be cautious. These trading relationships require secure digital identities. Enhanced digital identities are …

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Canadian Equipment Finance Winter 2019 IssueCybersecurity

How Ottawa can fight cyberthreats

By Scott Talbott Technology has transformed our lives in myriad ways. We can send messages, post images, stream videos and effortlessly connect with each other instantaneously. We can take courses, obtain medical diagnoses, shop, read customer reviews and easily compare prices between items online. Entrepreneurs and business owners can now …

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