To leverage blockchain for identity management at the enterprise level, CISOs first need to form a governance structure, says Prasanna Lohar, head of innovation at DCB Bank, a private banking company in India, who describes all the necessary steps.
At a Senate committee hearing on Tuesday, lawmakers grilled a Facebook executive about the company's plans to launch a cryptocurrency. One Democratic senator said Facebook "does not respect the power of the technologies they are playing with - like a toddler who has gotten his hands on a book of matches."
Critics say blockchain is a technology looking for a purpose, but Microsoft's David Houlding says organizations are using blockchain today to validate identities and to help prevent fraud. He shares use cases and emerging best practices.
Union Finance Minister Nirmala Sitharaman presented the budget for the year 2019-20, laying emphasis on skills development around new technologies, expanding the scope of Aadhaar and giving impetus to start-ups through tax incentives.
Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
The latest edition of the ISMG Security Report analyzes the security and privacy implications of Facebook's new digital currency - Libra. Also featured: Discussions on the rise of machine learning and IT and OT collaboration on cybersecurity.
With Facebook now officially preparing to launch its own cryptocurrency, Libra, in 2020, the social media giant is facing a privacy and security backlash both in the U.S. and Europe. Lawmakers and regulators are raising concerns about the offering based on the company's poor history of protecting user data.
Regulators from government ministries, as well as law enforcement authorities, are considering a ban in India on the sale, purchase and issuance of all types of cryptocurrencies, including Bitcoin, according to news reports.
Financial fraud can be notoriously hard to detect and easy to cover up. But does blockchain technology with its distributed digital ledger now offer a new tool to help organizations reduce risk and prevent fraud? Attend this session to learn:
More about blockchain and its uses beyond digital currencies
The value of...
Tremendous technology changes in recent years have made exponential leaps in the way we will communicate, interact and transact with each other. The Internet of Things has brought about the potential for embedded low cost sensors on everything around us, on us and even in us. Blockchains and smart contracts with...
The Reserve Bank of India is proposing that financial technology firms be allowed to test new products and services that might require the relaxation of certain compliance regulations in what's called a "regulatory sandbox" approach.
From blockchains and surveillance to backdoors and GDPR, a group of leading cryptographers rounded up the top cybersecurity and privacy matters of the day at the cryptographers' panel held at the recent RSA Conference 2019 in San Francisco.
Browser-based cryptocurrency miners are falling out of favor as virtual currency prices remain low, IBM says. But the company says malware-based miners are coming back, including fileless ones that rely on Powershell. Here's the lowdown.
The latest edition of the ISMG Security Report discusses the recent ransomware attack on aluminum giant, Norsk Hydro. Plus, confessions of a former LulzSec and Anonymous hacktivist, and the growing problem of cyber extortion.