Vancosys

Vancosys specializes in multi-factor authentication software and hardware to reduce fraud for enterprises, using convenient proximity-based smartphone login

[Vancosys @Vancosys]

According to research by RiskIQ of proprietary and third-party research, despite businesses spending $171,233 every minute on cybersecurity, $1,138,888 is lost to cybercrime.

https://t.co/8azc2p8vFK

[Vancosys @Vancosys]

The apparent failure in internal security and incident response processes that left the breach undetected for 10 months

https://t.co/FePgysYlZG

[Vancosys @Vancosys]

A clear example of why merchants and financial institutions are moving past the user’s personally identifiable information (PII) as a way to authenticate them and incorporating multi-layered solutions with passive biometrics and behavioral analytics,

https://t.co/AYWPMnDTsp

[Vancosys @Vancosys]

https://t.co/9RXA8Kelqa

The cyber attackers accessed the SingHealth IT system through an initial breach on a particular front-end workstation. They subsequently managed to obtain privileged account credentials to gain privileged access to the database,”

[Vancosys @Vancosys]

The company announced that during the weekend of July 14 2018, it had detected suspicious activity on its IT network and immediately took specific systems offline

https://t.co/6epmYUuyDr

[Vancosys @Vancosys]

The average cost of a data breach in the UK rose by 8% over the past year to reach nearly £2.7m, according to the latest IBM report.

https://t.co/uEvWeyaab1

[Vancosys @Vancosys]

It found that 39% of UK CEOs now believe a cyber-attack on their firm is a case of “when” not “if.”

https://t.co/RbvbgeiOO2

[Vancosys @Vancosys]

It could be months before the real impact of the breach can be measured, but what has initially been reported is alarming and there would not be any surprise if Exactis confirmed that 340 million individuals were indeed impacted.

https://t.co/xQku3hmVKl

[Vancosys @Vancosys]

A key finding was that businesses recognize employee negligence as playing a major or moderate role in data security breaches, but that a significant percentage are failing to take action with robust information security training programs.

https://t.co/GC7Bm1VME9

[Vancosys @Vancosys]

A majority of consumers who participated in a recent study said that if they had their druthers, they would prefer account logins that do not require passwords.

https://t.co/6QdN9X1QVI

[Vancosys @Vancosys]

Nobody likes passwords. They are inconvenient, insecure, and expensive. In fact, we dislike them so much that we've been busy at work trying to create a world without them -- a world without passwords

https://t.co/vxSLu9h4bi

[Vancosys @Vancosys]

https://t.co/jk2PzP40DC

Two Canadian banks confirmed on Monday that they have been contacted by ‘fraudsters’ claiming to have in their possession personal and financial information on tens of thousands of customers.

[Vancosys @Vancosys]

Great to be part of #FinTechDay as panelist and chat about our innovative continuous authentication solution for HSBC

https://t.co/nY4FeM9tME

[Vancosys @Vancosys]

Configuration flaws can allow an attacker to gain control over servers with relative ease.

https://t.co/ELsNQrwPSn

[Vancosys @Vancosys]

Cybersecurity professionals are also struggling with visibility into cloud infrastructure security (43%), compliance (38%) and consistent security policies across cloud and on-premises environments (35%).

https://t.co/WMPIFZ40pg

[Vancosys @Vancosys]

Vancosys is honored to be selected by #BCTECHSummit as one of the top 50 most investable startups

https://t.co/X73YzOCYBf

[Vancosys @Vancosys]

As the sophistication of biometrics enhances, so too do the modus operandi of fraudsters. If a fraudster is aware that a company is using voice biometrics they will often do things to outsmart the protective barriers.

https://t.co/mqp1H95oGP

[Vancosys @Vancosys]

Geoff Fawkes, CEO of Vancosys Data Security, reviews 2018 security and authentication threats and solutions, on BIV Roundhouse radio with Tyler Orton and Kirk Lapointe

https://t.co/0DOhFC4iiE

[Vancosys @Vancosys]

Geoff Fawkes, CEO of Vancosys Data Security, comments on the seed funding climate in BC for entrepreneurs

https://t.co/vwP7UdHKml

[Vancosys @Vancosys]

it had found data that had been stolen from as early as March 2017, and as late as March 2018.

https://t.co/BKTOwBGPGN