CyVers

cyvers

Web3 and the world of decentralized financial technology evolve rapidly, but security flaws and hacks come with them. The lack of security in Web3 has become a billion-dollar problem that needs to be solved. Decentralized finance (DeFi) has taken the world by storm thanks to its boundless opportunities and applicational use cases. Instead of being just a concept, "Web3" is steadily coming to realization with continuous innovation and institutional adoption. According to , the Web3 industry exceeded $200 billion in total value locked (TVL, including staking) as of late 2021 - early 2022. DeFilLama The total value locked is expected to grow in the coming years, and the necessity for the security of the locked funds cannot be underestimated. The Web3 space experienced hundreds of individual hack incidents across projects and applications throughout the recent growth and decline seen in the above chart. Adding to that, 130 hacks have been recorded in 2023, over two incidents every single day. In essence, the rapid evolution of financial technology in the Web3 space has led to increased security vulnerabilities and a corresponding rise in hacking incidents. Specifically, $3.1 billion was lost from hacks of well-established projects and protocols in 2022. If we include rug pulls where a project isn't hacked but created maliciously, the number for 2022 rises to $3.6 billion! Bridges accounted for 50% of all funds affected by hacks. Smart contract exploits accounted for an astonishing 50% of all hack incidents. There was a high percentage of smart contract exploit incidents, while the attack on bridges caused the most extensive devastation. This shows us two things. First, bridges do an important job in the crypto space enabling communication between blockchains. For this reason, they also become hugely popular, with a vast amount of funds locked up. It is critical that bridges are secured with the most up-to-date technology. Most bridges in 2022 were not, and that is why bridges accounted for 50% of the funds lost. Second, exploits in smart contracts accounted for 50% of all hacking incidents. This shows that the prevention of hacks should be focused on smart contract vulnerabilities and how to prevent them. Smart contracts: The primary factor in Web3 hacks Auditing is a widely used practice in the web3 space to eliminate bugs, but despite its prevalence, smart contract vulnerabilities remain the primary source of exploitation. Smart contracts are often complex and open to interpretation, making them vulnerable to exploitation. Hackers can exploit these vulnerabilities by finding and exploiting errors in the code, leading to the loss of funds or unauthorized access to sensitive information. The above photo shows the percentage of hacks by the incidents accounted for by Cyvers in 2022. Smart contracts function as self-executing contracts with the terms of the agreement written directly as code; they are often used on blockchain networks and can be hacked in various ways. Some common methods include exploiting vulnerabilities in the contract’s code or the logic of the contract. It can also include manipulating the input data used by the contract and using deception to trick users or other smart contracts into interacting with a malicious contract. Smart contract auditing VS real-time monitoring One notable statistic about smart contract auditing in 2022 shows us that roughly the same number of audited protocols got hacked as non-audited. It could indicate that audits alone are not enough to prevent hacks. This does not mean that smart contract audits do not work, but that they alone are not enough as a security measure to prevent hacks. At Cyvers, we believe that proactive security measures should be implemented by all  Web3 dApps, primarily real-time smart contract monitoring. The average Web3-based attack usually takes more than one hour to complete, yet 98% of all hacked protocol operators do not respond within the first hour. This highlights the importance of having a solution for monitoring smart contracts that can add safety, give out alerts and ensure that preventative measures can be taken before the exploit occurs. The lack of adequate security solutions and safety in Web3 is why the Cyvers founders, and , created the Cyvers approach to security, increasing protection and safety throughout protocols and applications. Using machine learning algorithms, AI technology, and real-time monitoring, Cyvers could detect most exploits that occurred in 2022 long before the funds were stolen. The case studies to showcase this can be found in our . Deddy Lavid Meir Dolev Report The Cyvers Web3 Security Report Our recently released and comprehensive report is more than suitable for anyone who wants to stay ahead of the curve in Web3 security. In the report, you will find all the information above and more that keeps you fully updated with everything Web3 security. We analyzed the major events, types of threats, and best practices for protecting assets in the DeFi space. The report documents 61 of the most significant hacks in Web3 and provides industry participants with practical guidance for minimizing risk and protecting assets. Some of the most important points mentioned in the report: Total hacked in DeFi applications reached over $3.1 billion. 98% of projects and applications do not respond within the first hour of an attack. Many victims got hacked due to smart contract vulnerabilities but also had their smart contracts audited before, sometimes even more than once. Real-time monitoring of smart contracts by Cyvers is needed, demonstrated to provide better security. Hackers are also targeting individuals through scam tokens. (In the report, you find tips to protect yourself against this). 2022 saw a lot of innovation and continued adoption by big brands such as Starbucks, Reddit, and Nike. Frequent and multiple smart contract audits are necessary, not just one. However, audits alone are not enough to prevent hacks. It is important to adopt proactive monitoring of smart contracts and other related on-chain activities to help detect and prevent any potential exploits in real-time. We believe that Real-time analysis is the key to preventing hacks and will become a security standard, indicated by institutions like the . Finally, Web3 protocols should adopt best practices in internal security procedures to further enhance the security of their decentralized applications. All of this, and much more, is mentioned in the Cyvers Web3 Security report. FBI The impact of security incidents in the Web3 space cannot be overstated. They have the potential to tarnish its reputation and hinder its growth. Billions of dollars are at stake, and the number will only increase. Therefore, the industry must take proactive measures to prevent these attacks and protect all participants! Conclusion The Web3 space has seen significant growth and adoption in recent years, but with this growth comes increased security vulnerabilities. As the Web3 space continues to evolve, it is important to have a trusted partner like Cyvers to ensure the safety and security of your assets. Cyvers has developed a comprehensive platform to address those needs, providing real-time detection and proactive protection for the Web3 space. Learn about . Cyvers Check out the on the to learn more about 2023 from a security perspective, protecting your assets in the Web3 ecosystem, and more. full report Cyvers website Alternatively, take a dive into our thread about Web3 Security. 👇 https://twitter.com/Cyvers_/status/1630509488766873600?s=20&embedable=true

Web3 Security in 2023: A Billion Dollar Problem

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2023 年的 Web3 安全：十亿美元的问题

AI in web3 security is neither a passing fad nor a makeshift solution. On the contrary, it is now a focal point in the fight against cryptocurrency thefts and cyber attacks. AI companies in web3 are training AI algorithms to detect potential cyber attacks on DeFi protocols in a bid to reduce the probability of an attack significantly while increasing the response time. The ability of AI algorithms to detect potential threats can save millions of dollars of investors’ funds, highlighting not just the growing importance of AI but also cementing its place in web3 security, which is often described as a $4 billion problem. Although the use of AI in crime detection has long been around, it has only found relevance in crypto security where cyber thefts are rampant. AI algorithms are trained through a process called machine learning to spot anomalies and patterns commonly associated with cyber thefts and other types of crypto-related cyber attacks such as phishing and ransomware attacks. AI’s ability to provide a sophisticated security system gives it an edge over malicious software used by bad actors in attacking DeFi protocols. The advancement that AI in web3 security represents is preeminently self-evident in the latest Sonne Finance hack. There are numerous examples of such exploits and AI use cases but this incident being the latest in a long list of cyberattacks on DeFi protocols deserves to be critically studied. This sentiment is also informed by the volume of media coverage it has generated in the last 24 hours. The Sonne Finance Hack Sonne Finance, a decentralized lending protocol, reportedly lost $20 million in a major hack on May 14, 2024. The attack occurred in seven different transactions and lasted for thirty minutes before Sonne Finance halted operations to avert further thefts. Four minutes before the attack, Cyvers AI, a web3 security firm, detected the potential threat and alerted Sonne Finance at about 10:30 pm to the imminent danger. Commenting on the Sonne Finance hack,  Meir Dolev Co-Founder and CTO of Cyvers.AI said: " The hacker exploited Compound V2 empty market vulnerability where he conducted a precision loss attack that led to more than $20 million loss in 7 different transactions. Cyvers have detected the attack four minutes before the first exploit transaction" At the initial stage, Cyvers detected an attack on SonneFinance's USD Coin (USDC) and Wrapped Ether (WETH) contracts, which had already lost $3 million, but the situation quickly escalated resulting in a total loss of over $20 million by the protocol. This incident underscores the growing importance of Artificial Intelligence (AI) in the detection and mitigation of cryptocurrency theft. Moreover, as traditional security methods often struggle to keep pace with the ever-evolving tactics of cybercriminals. AI, however, offers several advantages: Real-time monitoring: AI systems can be deployed to continuously analyze vast amounts of data, identifying suspicious patterns that might escape human analysts. Faster response times: AI systems can react to threats much quicker than humans, allowing for a timely response to mitigate damage. Improved threat detection: AI algorithms are constantly learning to detect anomalies and patterns and may soon become adept at identifying sophisticated hacking techniques. The Implications of The Sonne Finance Hack The Sonne Finance hack is yet another intriguing case of cryptocurrency theft recorded so far in 2024. It highlights the growing tendency of digital currencies to become mainstream and the security challenges surrounding them. While appropriate measures have been taken to avert further theft, the incident raises critical questions about the vulnerability of DeFi protocols. Here's a deeper look at some of them: DeFi's Security Flaws:Decentralized Finance has a massive potential to revolutionize the financial landscape but often lacks the robust security infrastructure of traditional financial institutions, exposing DeFi protocols to cybersecurity risks.
A Fast-Paced Landscape:Crypto attackers are constantly developing new methods to exploit vulnerabilities. AI's ability to adapt and learn from these evolving threats can provide an edge for DeFi protocols.
Proactive Security:The Sonne Finance incident highlights the importance of proactive security measures. Implementing AI-powered security systems before an attack occurs can significantly mitigate the risk of financial losses.
Increased Adoption of AI Security:This incident is likely to accelerate the adoption of AI security solutions within the cryptocurrency industry. Web3 companies may increasingly resort to  AI to protect their assets and user funds.
Increased Collaboration: The complex nature of cyber threats necessitates collaboration between security firms, DeFi protocols, and regulatory bodies. Sharing information and best practices can create a more robust defense system. Conclusion The cyberattack on Sonne Finance can be described as the doors of the temple of Janus. While the incident itself is a cause for concern, it also highlights the immense potential of AI in detecting potential cybersecurity threats and mitigating them. By implementing robust AI security systems and fostering collaboration across the industry, DeFi platforms can build a stronger defense against cyber threats and ensure a safer future for investors and users alike. AI in web3 security is neither a passing fad nor a makeshift solution. On the contrary, it is now a focal point in the fight against cryptocurrency thefts and cyber attacks. AI companies in web3 are training AI algorithms to detect potential cyber attacks on DeFi protocols in a bid to reduce the probability of an attack significantly while increasing the response time. The ability of AI algorithms to detect potential threats can save millions of dollars of investors’ funds, highlighting not just the growing importance of AI but also cementing its place in web3 security, which is often described as a $4 billion problem. Although the use of AI in crime detection has long been around, it has only found relevance in crypto security where cyber thefts are rampant. AI algorithms are trained through a process called machine learning to spot anomalies and patterns commonly associated with cyber thefts and other types of crypto-related cyber attacks such as phishing and ransomware attacks. AI’s ability to provide a sophisticated security system gives it an edge over malicious software used by bad actors in attacking DeFi protocols. The advancement that AI in web3 security represents is preeminently self-evident in the latest Sonne Finance hack. There are numerous examples of such exploits and AI use cases but this incident being the latest in a long list of cyberattacks on DeFi protocols deserves to be critically studied. This sentiment is also informed by the volume of media coverage it has generated in the last 24 hours. media coverage media coverage The Sonne Finance Hack Sonne Finance, a decentralized lending protocol, reportedly lost $20 million in a major hack on May 14, 2024. The attack occurred in seven different transactions and lasted for thirty minutes before Sonne Finance halted operations to avert further thefts. Four minutes before the attack, Cyvers AI, a web3 security firm, detected the potential threat and alerted Sonne Finance at about 10:30 pm to the imminent danger. Commenting on the Sonne Finance hack,  Meir Dolev Co-Founder and CTO of Cyvers.AI said: " The hacker exploited Compound V2 empty market vulnerability where he conducted a precision loss attack that led to more than $20 million loss in 7 different transactions. Cyvers have detected the attack four minutes before the first exploit transaction" " The hacker exploited Compound V2 empty market vulnerability where he conducted a precision loss attack that led to more than $20 million loss in 7 different transactions. Cyvers have detected the attack four minutes before the first exploit transaction" At the initial stage, Cyvers detected an attack on SonneFinance's USD Coin (USDC) and Wrapped Ether (WETH) contracts, which had already lost $3 million, but the situation quickly escalated resulting in a total loss of over $20 million by the protocol. This incident underscores the growing importance of Artificial Intelligence (AI) in the detection and mitigation of cryptocurrency theft. Moreover, as traditional security methods often struggle to keep pace with the ever-evolving tactics of cybercriminals. AI, however, offers several advantages: Real-time monitoring: AI systems can be deployed to continuously analyze vast amounts of data, identifying suspicious patterns that might escape human analysts. Real-time monitoring: AI systems can be deployed to continuously analyze vast amounts of data, identifying suspicious patterns that might escape human analysts. Faster response times: AI systems can react to threats much quicker than humans, allowing for a timely response to mitigate damage. Faster response times: AI systems can react to threats much quicker than humans, allowing for a timely response to mitigate damage. Improved threat detection: AI algorithms are constantly learning to detect anomalies and patterns and may soon become adept at identifying sophisticated hacking techniques. Improved threat detection: AI algorithms are constantly learning to detect anomalies and patterns and may soon become adept at identifying sophisticated hacking techniques. The Implications of The Sonne Finance Hack The Sonne Finance hack is yet another intriguing case of cryptocurrency theft recorded so far in 2024. It highlights the growing tendency of digital currencies to become mainstream and the security challenges surrounding them. While appropriate measures have been taken to avert further theft, the incident raises critical questions about the vulnerability of DeFi protocols. Here's a deeper look at some of them: DeFi's Security Flaws:Decentralized Finance has a massive potential to revolutionize the financial landscape but often lacks the robust security infrastructure of traditional financial institutions, exposing DeFi protocols to cybersecurity risks. A Fast-Paced Landscape:Crypto attackers are constantly developing new methods to exploit vulnerabilities. AI's ability to adapt and learn from these evolving threats can provide an edge for DeFi protocols. Proactive Security:The Sonne Finance incident highlights the importance of proactive security measures. Implementing AI-powered security systems before an attack occurs can significantly mitigate the risk of financial losses. Increased Adoption of AI Security:This incident is likely to accelerate the adoption of AI security solutions within the cryptocurrency industry. Web3 companies may increasingly resort to  AI to protect their assets and user funds. Increased Collaboration: The complex nature of cyber threats necessitates collaboration between security firms, DeFi protocols, and regulatory bodies. Sharing information and best practices can create a more robust defense system. DeFi's Security Flaws: Decentralized Finance has a massive potential to revolutionize the financial landscape but often lacks the robust security infrastructure of traditional financial institutions, exposing DeFi protocols to cybersecurity risks. DeFi's Security Flaws: A Fast-Paced Landscape: Crypto attackers are constantly developing new methods to exploit vulnerabilities. AI's ability to adapt and learn from these evolving threats can provide an edge for DeFi protocols. A Fast-Paced Landscape: Proactive Security: The Sonne Finance incident highlights the importance of proactive security measures. Implementing AI-powered security systems before an attack occurs can significantly mitigate the risk of financial losses. Proactive Security: Increased Adoption of AI Security: This incident is likely to accelerate the adoption of AI security solutions within the cryptocurrency industry. Web3 companies may increasingly resort to  AI to protect their assets and user funds. Increased Adoption of AI Security: Increased Collaboration: The complex nature of cyber threats necessitates collaboration between security firms, DeFi protocols, and regulatory bodies. Sharing information and best practices can create a more robust defense system. Increased Collaboration: Conclusion The cyberattack on Sonne Finance can be described as the doors of the temple of Janus. While the incident itself is a cause for concern, it also highlights the immense potential of AI in detecting potential cybersecurity threats and mitigating them. By implementing robust AI security systems and fostering collaboration across the industry, DeFi platforms can build a stronger defense against cyber threats and ensure a safer future for investors and users alike.

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Charles Dray is founder and CEO of Resonance Security, a full-spectrum cybersecurity suite of software and services that aims to integrate essential traditional and emerging offensive and defensive security practices into a single platform in order to protect companies and individuals against any and all threats that emerge, either from the existing internet or its future iterations. In this interview with Jillian Godsil, he shares his insights and experience running Resonance Security. What is your company in 2–5 words? Full spectrum effortless cybersecurity. Why is now the time for your company to exist? Cybersecurity threats continue to evolve and target larger audiences. Victims lose an estimated 714 Billion to cybercrime annually and it will increase with emerging technology threats. What do you love about your team, and why are you the ones to solve this problem? We focus on delivering an impactful experience we want organizations and individuals to be proud of using. Every single person on the team is highly passionate about our purpose, and we have the experience to back it. Our security team has a proven track record with defensive and offensive cybersecurity across institutions, small businesses, web3, and consumers. We’ve seen what’s out there and know we found the solution. If you weren’t building your startup, what would you be doing? I’d still be involved in cybersecurity and emerging tech, and I’d be thinking about another way to effectively make people safer from attacks which could ruin their lives and mental health. At the moment, how do you measure success? What are your metrics? I measure success through analyzing customer feedback, and reviewing how many customers end up being sales people. There’s a saying that says “your customer is your best sales person” and I believe it is spot on. In a few sentences, what do you offer to whom? Effortless, effective, and evolving cybersecurity software solutions for institutions, small businesses, web3, VIPs, and consumers. A solution for any circumstance, budget, and any technical level. What’s most exciting about your traction to date? We’ve enrolled customers in every vertical and received positive feedback from 100% of our customers since March of 2023! It’s an incredibly rewarding experience to see that the business model is working better then we could have ever imagined – I feel that giving each customer a human experience is a big part of it. Knowing they have a team of security experts on their side setting them up for success drives betterment on so many levels. Where do you think your growth will be next year? I see significant growth in the consumer, small business, and web3 segment in the next year. These segments are well served in the identity theft (for consumers) and testing market (for small businesses and web3), but are very exposed from an advanced full spectrum offensive and defensive security standpoint. It’s hard to build a team and software that can deliver those solutions truly effectively, so no one has really approached that market. For years, we have developed a playbook that effectively covers any audience. Our team of red team engineers and software builders are exclusive to Resonance and are driven by the passion to protect. Tell us about your first paying customer and revenue expectations over the next year. Our first paying customer was back in March of 2023. It was a COSMWASM Rust code audit for a money transfer project. Our experience with emerging tech originates from our background in traditional cybersecurity, so projects are delighted to work with engineers that know how to tie together legacy technologies with emerging technologies and detect attack vectors of both technologies together. We reached nearly seven figures in Revenue our first year when we were in software beta mode. With the inflow of organizations and individuals starting to take security seriously we are on track to be at eight figures in the next year, and that’s mostly software revenue. What’s your biggest threat? That organizations and individuals don’t take cybersecurity seriously enough, and come to us later in a much less favorable situation after a hack rather than starting to take the proper actions today. It’s always sad to see how unwell people become after a major cybersecurity attack. Cybersecurity attacks make people loose trust in other people, and that’s never a good thing for mental health. Charles Dray is founder and CEO of Resonance Security, a full-spectrum cybersecurity suite of software and services that aims to integrate essential traditional and emerging offensive and defensive security practices into a single platform in order to protect companies and individuals against any and all threats that emerge, either from the existing internet or its future iterations. In this interview with Jillian Godsil, he shares his insights and experience running Resonance Security. What is your company in 2–5 words? What is your company in 2–5 words? Full spectrum effortless cybersecurity. Why is now the time for your company to exist? Why is now the time for your company to exist? Cybersecurity threats continue to evolve and target larger audiences. Victims lose an estimated 714 Billion to cybercrime annually and it will increase with emerging technology threats. What do you love about your team, and why are you the ones to solve this problem? What do you love about your team, and why are you the ones to solve this problem? We focus on delivering an impactful experience we want organizations and individuals to be proud of using. Every single person on the team is highly passionate about our purpose, and we have the experience to back it. Our security team has a proven track record with defensive and offensive cybersecurity across institutions, small businesses, web3, and consumers. We’ve seen what’s out there and know we found the solution. If you weren’t building your startup, what would you be doing? If you weren’t building your startup, what would you be doing? I’d still be involved in cybersecurity and emerging tech, and I’d be thinking about another way to effectively make people safer from attacks which could ruin their lives and mental health. At the moment, how do you measure success? What are your metrics? At the moment, how do you measure success? What are your metrics? I measure success through analyzing customer feedback, and reviewing how many customers end up being sales people. There’s a saying that says “your customer is your best sales person” and I believe it is spot on. In a few sentences, what do you offer to whom? In a few sentences, what do you offer to whom? Effortless, effective, and evolving cybersecurity software solutions for institutions, small businesses, web3, VIPs, and consumers. A solution for any circumstance, budget, and any technical level. What’s most exciting about your traction to date? What’s most exciting about your traction to date? We’ve enrolled customers in every vertical and received positive feedback from 100% of our customers since March of 2023! It’s an incredibly rewarding experience to see that the business model is working better then we could have ever imagined – I feel that giving each customer a human experience is a big part of it. Knowing they have a team of security experts on their side setting them up for success drives betterment on so many levels. Where do you think your growth will be next year? Where do you think your growth will be next year? I see significant growth in the consumer, small business, and web3 segment in the next year. These segments are well served in the identity theft (for consumers) and testing market (for small businesses and web3), but are very exposed from an advanced full spectrum offensive and defensive security standpoint. It’s hard to build a team and software that can deliver those solutions truly effectively, so no one has really approached that market. For years, we have developed a playbook that effectively covers any audience. Our team of red team engineers and software builders are exclusive to Resonance and are driven by the passion to protect. Tell us about your first paying customer and revenue expectations over the next year. Tell us about your first paying customer and revenue expectations over the next year. Our first paying customer was back in March of 2023. It was a COSMWASM Rust code audit for a money transfer project. Our experience with emerging tech originates from our background in traditional cybersecurity, so projects are delighted to work with engineers that know how to tie together legacy technologies with emerging technologies and detect attack vectors of both technologies together. We reached nearly seven figures in Revenue our first year when we were in software beta mode. With the inflow of organizations and individuals starting to take security seriously we are on track to be at eight figures in the next year, and that’s mostly software revenue. What’s your biggest threat? What’s your biggest threat? That organizations and individuals don’t take cybersecurity seriously enough, and come to us later in a much less favorable situation after a hack rather than starting to take the proper actions today. It’s always sad to see how unwell people become after a major cybersecurity attack. Cybersecurity attacks make people loose trust in other people, and that’s never a good thing for mental health.

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6 consellos para evitar correos electrónicos de phishing de Vlad Cristescu, xefe de ciberseguridade de ZeroBounce

6 טיפים להימנעות מהודעות דיוג מאת ולאד קריסטסקו, ראש אבטחת סייבר ב-ZeroBounce

ZeroBounce のサイバーセキュリティ責任者 Vlad Cristescu によるフィッシングメールを回避する 6 つのヒント

Torohevitra 6 hisorohana ny mailaka phishing avy amin'i Vlad Cristescu, lehiben'ny cybersecurity ao amin'ny ZeroBounce

6 wskazówek, jak unikać wiadomości e-mail typu phishing od Vlada Cristescu, szefa działu cyberbezpieczeństwa w ZeroBounce

6 Маслиҳат барои пешгирӣ кардани паёмҳои фишингӣ аз Влад Кристеску, роҳбари киберамният дар ZeroBounce

6 Switsundzuxo swo Papalata Ti-imeyili ta Phishing ku suka eka Vlad Cristescu, Nhloko ya Vuhlayiseki bya Inthanete eka ZeroBounce

زیرو باؤنس میں سائبر سیکیورٹی کے سربراہ ولاد کرسٹیسکو کی طرف سے فشنگ ای میلز سے بچنے کے لیے 6 نکات

ATLANTA, Georgia, October 30th, 2024/CyberNewsWire/--White House National Cyber Director, CEOs, Key Financial Services Companies, Congressional and Executive Branch Experts will discuss industry priorities for 2025 and beyond The American Transaction Processors Coalition (ATPC) Cyber Council will convene “The Tie that Binds: A 21st Century Cybersecurity Dialogue,” on October 31, 2024, at the Bank of America Financial Center Tower’s Convention Hall in Atlanta. This event will feature leading cyber experts from the financial services sector, Federal agencies, the White House, and Congress to focus on pressing cybersecurity issues and ways the financial services sector is addressing these issues. It will include discussions on evolving technologies that will influence the path forward, the role of AI, supply chain security needs, and more. “Cybersecurity is the backbone of the payment processing industry,” said H. West Richards, ATPC executive director. “The work of the ATPC Cyber Council is a testament to our commitment to safeguarding our financial ecosystem and fostering a collaborative approach to tackling the cybersecurity challenges of tomorrow.” Key Speakers and Highlights: The Honorable Harry Coker, Jr., White House National Cyber Director, will deliver the luncheon keynote.
The Honorable Rich McCormick (R-GA-06) will deliver a keynote address.
Moira Bergin, Subcommittee on Cybersecurity Staff Director, House Committee on Homeland Security, will discuss legislative priorities and global cybersecurity risks.
The Honorable Andre Dickens, Mayor of Atlanta, will provide a video address.
Barry McCarthy, CEO of Deluxe and Chair of the ATPC Board of Directors, will also deliver a keynote.
Bridgette Walsh, Executive Director of the Financial Services Sector Coordinating Council, and Josh Magri, Founder & CEO of Cyber Risk Institute, will participate in a fireside discussion on private sector best practices.
A panel on AI in financial services will feature Clarissa Banks (Deluxe), David Excell (Featurespace), David King (Mastercard), and Donna Teevens (ACI Worldwide), moderated by Rick Van Luvender.
A panel on cyber education will include Dr. Tony Coulson (CSUSB), Dr. Albena Asenova-Belal (Gwinnett Technical College), Dr. Humayun Zafar (Kennesaw State University), and Dr. Michael Nowatkowski (Augusta University).
H. West Richards, ATPC Executive Director, will open the event with a welcome address.
Rick Van Luvender, ATPC Cyber Council Chair & SVP, Head of Cybersecurity Client Trust & International Cybersecurity Service at Fiserv, will deliver the opening remarks.
Norma Krayem, ATPC Cyber Council Director & Vice President, Chair of the Cybersecurity, Privacy & Digital Innovation Practice Group at Van Scoyoc Associates, will provide insights on future cybersecurity trends. The forum will conclude with a fireside chat focused on “A Look to the Future: 2025: Top Cybersecurity and Critical Technology Priorities for the ATPC Cyber Council,” featuring Rick Van Luvender from Fiserv and Norma Krayem, the ATPC Cyber Council director, focusing on future cybersecurity and critical technology priorities. Conference details are available at https://atpcoalition.com/atpc-cyber-forum/. ATPC is a leading voice for America’s payments processors, consisting of the world’s largest, global payment processors, banks, credit card companies and financial services companies. ATPC member companies are uniquely positioned to ensure global payments move seamlessly across the world, while empowering broader and more diverse participation within the financial services system. In the race for a better tomorrow, technology solutions can advance faster than companies can keep up with cybersecurity risks. As a result, the ATPC is one of the few coalitions that created a standalone Cybersecurity Council to prioritize these key cybersecurity issues across its member companies. The ATPC Cyber Council is a unique group made up of only CISOs, CSOs, CIOs and CTOs who are on the front lines every day dealing with the operational impacts of cybersecurity. These U.S. based companies serve hundreds of millions of customer businesses across the globe daily and process hundreds of billions of transactions per year. About the ATPC The ATPC is a leading voice for America’s payments processors, driving awareness of the industry and its value to consumers, businesses, and the economy with legislators and regulators at federal, state, and international levels. The ATPC is rooted in Georgia’s Transaction Alley where electronic payments and the fintech industry began. Yet, our members enable payments in states across the nation and in every corner of the globe. The ATPC has a rich history of economic development, thought leadership, and engagement on legislative and regulatory topics like cybersecurity, privacy, financial inclusion, fraud, as well as emerging themes like open banking, AI, and stable coins. About the ATPC Cyber Council The American Transaction Processors Coalition (ATPC) established a dedicated Cyber Council to galvanize the efforts of the ATPC member companies in addressing cybersecurity risks. The Cyber Council’s mission is to identify best practices and areas of shared risk to help ATPC members address the evolving cyber threat across America’s payments processing system to strengthen industry’s ability to identify, protect, detect, respond to and recover from cyberattacks. Contact Alison Watson Golin awatson@golin.com This story was distributed as a release by Cybernewswire under HackerNoon’s Business Blogging Program. Learn more about the program here ATLANTA, Georgia, October 30th, 2024/CyberNewsWire/--White House National Cyber Director, CEOs, Key Financial Services Companies, Congressional and Executive Branch Experts will discuss industry priorities for 2025 and beyond The American Transaction Processors Coalition (ATPC) Cyber Council will convene “The Tie that Binds: A 21st Century Cybersecurity Dialogue,” on October 31, 2024, at the Bank of America Financial Center Tower’s Convention Hall in Atlanta. This event will feature leading cyber experts from the financial services sector, Federal agencies, the White House, and Congress to focus on pressing cybersecurity issues and ways the financial services sector is addressing these issues. It will include discussions on evolving technologies that will influence the path forward, the role of AI, supply chain security needs, and more. “Cybersecurity is the backbone of the payment processing industry,” said H. West Richards, ATPC executive director. “The work of the ATPC Cyber Council is a testament to our commitment to safeguarding our financial ecosystem and fostering a collaborative approach to tackling the cybersecurity challenges of tomorrow.” “Cybersecurity is the backbone of the payment processing industry,” said H. West Richards, ATPC executive director. “The work of the ATPC Cyber Council is a testament to our commitment to safeguarding our financial ecosystem and fostering a collaborative approach to tackling the cybersecurity challenges of tomorrow.” Key Speakers and Highlights: The Honorable Harry Coker, Jr., White House National Cyber Director, will deliver the luncheon keynote. The Honorable Rich McCormick (R-GA-06) will deliver a keynote address. Moira Bergin, Subcommittee on Cybersecurity Staff Director, House Committee on Homeland Security, will discuss legislative priorities and global cybersecurity risks. The Honorable Andre Dickens, Mayor of Atlanta, will provide a video address. Barry McCarthy, CEO of Deluxe and Chair of the ATPC Board of Directors, will also deliver a keynote. Bridgette Walsh, Executive Director of the Financial Services Sector Coordinating Council, and Josh Magri, Founder & CEO of Cyber Risk Institute, will participate in a fireside discussion on private sector best practices. A panel on AI in financial services will feature Clarissa Banks (Deluxe), David Excell (Featurespace), David King (Mastercard), and Donna Teevens (ACI Worldwide), moderated by Rick Van Luvender. A panel on cyber education will include Dr. Tony Coulson (CSUSB), Dr. Albena Asenova-Belal (Gwinnett Technical College), Dr. Humayun Zafar (Kennesaw State University), and Dr. Michael Nowatkowski (Augusta University). H. West Richards, ATPC Executive Director, will open the event with a welcome address. Rick Van Luvender, ATPC Cyber Council Chair & SVP, Head of Cybersecurity Client Trust & International Cybersecurity Service at Fiserv, will deliver the opening remarks. Norma Krayem, ATPC Cyber Council Director & Vice President, Chair of the Cybersecurity, Privacy & Digital Innovation Practice Group at Van Scoyoc Associates, will provide insights on future cybersecurity trends. The Honorable Harry Coker, Jr., White House National Cyber Director, will deliver the luncheon keynote. The Honorable Rich McCormick (R-GA-06) will deliver a keynote address. Moira Bergin, Subcommittee on Cybersecurity Staff Director, House Committee on Homeland Security, will discuss legislative priorities and global cybersecurity risks. The Honorable Andre Dickens, Mayor of Atlanta, will provide a video address. Barry McCarthy, CEO of Deluxe and Chair of the ATPC Board of Directors, will also deliver a keynote. Bridgette Walsh, Executive Director of the Financial Services Sector Coordinating Council, and Josh Magri, Founder & CEO of Cyber Risk Institute, will participate in a fireside discussion on private sector best practices. A panel on AI in financial services will feature Clarissa Banks (Deluxe), David Excell (Featurespace), David King (Mastercard), and Donna Teevens (ACI Worldwide), moderated by Rick Van Luvender. A panel on cyber education will include Dr. Tony Coulson (CSUSB), Dr. Albena Asenova-Belal (Gwinnett Technical College), Dr. Humayun Zafar (Kennesaw State University), and Dr. Michael Nowatkowski (Augusta University). H. West Richards, ATPC Executive Director, will open the event with a welcome address. Rick Van Luvender, ATPC Cyber Council Chair & SVP, Head of Cybersecurity Client Trust & International Cybersecurity Service at Fiserv, will deliver the opening remarks. Norma Krayem, ATPC Cyber Council Director & Vice President, Chair of the Cybersecurity, Privacy & Digital Innovation Practice Group at Van Scoyoc Associates, will provide insights on future cybersecurity trends. The forum will conclude with a fireside chat focused on “A Look to the Future: 2025: Top Cybersecurity and Critical Technology Priorities for the ATPC Cyber Council,” featuring Rick Van Luvender from Fiserv and Norma Krayem, the ATPC Cyber Council director, focusing on future cybersecurity and critical technology priorities. Conference details are available at https://atpcoalition.com/atpc-cyber-forum/. https://atpcoalition.com/atpc-cyber-forum/. https://atpcoalition.com/atpc-cyber-forum/. ATPC is a leading voice for America’s payments processors, consisting of the world’s largest, global payment processors, banks, credit card companies and financial services companies. ATPC member companies are uniquely positioned to ensure global payments move seamlessly across the world, while empowering broader and more diverse participation within the financial services system. In the race for a better tomorrow, technology solutions can advance faster than companies can keep up with cybersecurity risks. As a result, the ATPC is one of the few coalitions that created a standalone Cybersecurity Council to prioritize these key cybersecurity issues across its member companies. The ATPC Cyber Council is a unique group made up of only CISOs, CSOs, CIOs and CTOs who are on the front lines every day dealing with the operational impacts of cybersecurity. These U.S. based companies serve hundreds of millions of customer businesses across the globe daily and process hundreds of billions of transactions per year. About the ATPC The ATPC is a leading voice for America’s payments processors, driving awareness of the industry and its value to consumers, businesses, and the economy with legislators and regulators at federal, state, and international levels. ATPC ATPC The ATPC is rooted in Georgia’s Transaction Alley where electronic payments and the fintech industry began. Yet, our members enable payments in states across the nation and in every corner of the globe. The ATPC has a rich history of economic development, thought leadership, and engagement on legislative and regulatory topics like cybersecurity, privacy, financial inclusion, fraud, as well as emerging themes like open banking, AI, and stable coins. About the ATPC Cyber Council The American Transaction Processors Coalition (ATPC) established a dedicated Cyber Council to galvanize the efforts of the ATPC member companies in addressing cybersecurity risks. American Transaction Processors Coalition (ATPC) American Transaction Processors Coalition (ATPC) The Cyber Council’s mission is to identify best practices and areas of shared risk to help ATPC members address the evolving cyber threat across America’s payments processing system to strengthen industry’s ability to identify, protect, detect, respond to and recover from cyberattacks. Contact Alison Watson Golin awatson@golin.com This story was distributed as a release by Cybernewswire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Cybernewswire under HackerNoon’s Business Blogging Program. Learn more about the program here here

ATPC Cyber Forum To Focus On Next Generation Cybersecurity And Artificial Intelligence Issues

ATPC Kiberforumu növbəti nəsil kibertəhlükəsizlik və süni intellekt məsələlərinə diqqət yetirəcək

Το ATPC Cyber Forum θα επικεντρωθεί σε ζητήματα κυβερνοασφάλειας και τεχνητής νοημοσύνης επόμενης γενιάς

El Foro Cibernético ATPC se centrará en cuestiones de ciberseguridad e inteligencia artificial de próxima generación

ATPC Cyber Forum para centrarse en cuestións de ciberseguridade e intelixencia artificial de próxima xeración

ATPC Cyber Forum fokusirat će se na kibernetičku sigurnost sljedeće generacije i pitanja umjetne inteligencije

ATPC Cyber Forum Pou Konsantre sou Pwochen Jenerasyon Sibèsekirite ak Pwoblèm Entèlijans Atifisyèl

ATPC サイバーフォーラム、次世代サイバーセキュリティと人工知能の問題に焦点を当てる

វេទិកា ATPC Cyber Forum ដើម្បីផ្តោតលើបញ្ហាសុវត្ថិភាពតាមអ៊ីនធឺណិតជំនាន់ក្រោយ និងបញ្ហាបញ្ញាសិប្បនិម្មិត

ATPC kibernetinis forumas, skirtas naujos kartos kibernetinio saugumo ir dirbtinio intelekto problemoms

د ATPC سایبر فورم به د راتلونکي نسل سایبر امنیت او مصنوعي استخباراتو مسلو باندې تمرکز وکړي

ATPC Cyber Foramu Yekutarisa Pane Inotevera Generation Cybersecurity Uye Artificial Intelligence Nyaya

ATPC Cyber Forum ኣብ ቀፃሊ ወለዶ ሳይበር ሴኩሪቲን ኣርቲፊሻል ኢንተለጀንስን ጉዳያት ትኹረት ክገብር እዩ።

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