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Just decades ago, the internet was something that could only be accessed from large, immobile personal computers. Consumers don’t just need to trust that their bank is keeping their money and data safe – they need to trust that there are not privacy vulnerabilities in their lightbulbs. 70% have some trust or full trust in them.
Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.
A woman contacts her bank to take out a mortgage on her first house. The same is also true for machines which speak to other machines as part of the Internet of Things (IoT). For a consumer, this might be the details they use to log onto their mobile banking app on their phone. appeared first on Cybersecurity Insiders.
5G networks allow manufacturers and telecom operators to construct smart factories that fully leverage technology such as automation, artificial intelligence, augmented reality for troubleshooting, and the Internet of Things (IoT). Transportation and urban living. 5G will bring about changes in the transportation industry.
Financial Services Data Breaches Financial data is a primary target of cybercriminals looking to gain illicit access to personal and commercial bank account numbers, credit card information, and Social Security numbers for depositors, creditors, shareholders, employees, and the government.
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