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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Gbaf News

    Posted on April 21, 2018

    Featured image for article about Top Stories

    The website and mobile app for Ikea’s odd jobs marketplace, TaskRabbit, has come back online following a self-imposed outage. The company was investigating a cyber-security incident involving an unauthorised user gaining access to its systems. In a statement*, the company’s CEO Stacy Brown-Philpot admitted that certain personally identifiable information may have been compromised, urging users to change their passwords and monitor their accounts for any suspicious activity.

    Fabian Libeau, VP for EMEA at RiskIQ, the digital threat management specialist, offers the following comment on TaskRabbit’s handling of the investigation and the importance of organisations having a deep insight into the nature and breadth of their digital assets:

    “We applaud TaskRabbit for the speed with which it took down its website and mobile apps after the breach was revealed, putting its investigation into full force and alerting customers. Not only will this have limited the impact of the cyberattack, but it also goes to show that TaskRabbit has a fairly good handle on its digital footprint across its website and mobile apps.

    “While this is a positive response to a cyber incident, it’s not always this straightforward and many organisations lack the understanding, visibility or resource to quickly evaluate their digital assets. When faced with increased digitisation and ever-sophisticated threats, organisations need to look beyond the firewall and evaluate their digital risk across web, mobile and social channels to protect against brand infringement, cybercrime and web-based attacks. Put simply, companies must proactively monitor and police their own digital presence – something that TaskRabbit has shown that it can do both transparently and effectively.”

    The website and mobile app for Ikea’s odd jobs marketplace, TaskRabbit, has come back online following a self-imposed outage. The company was investigating a cyber-security incident involving an unauthorised user gaining access to its systems. In a statement*, the company’s CEO Stacy Brown-Philpot admitted that certain personally identifiable information may have been compromised, urging users to change their passwords and monitor their accounts for any suspicious activity.

    Fabian Libeau, VP for EMEA at RiskIQ, the digital threat management specialist, offers the following comment on TaskRabbit’s handling of the investigation and the importance of organisations having a deep insight into the nature and breadth of their digital assets:

    “We applaud TaskRabbit for the speed with which it took down its website and mobile apps after the breach was revealed, putting its investigation into full force and alerting customers. Not only will this have limited the impact of the cyberattack, but it also goes to show that TaskRabbit has a fairly good handle on its digital footprint across its website and mobile apps.

    “While this is a positive response to a cyber incident, it’s not always this straightforward and many organisations lack the understanding, visibility or resource to quickly evaluate their digital assets. When faced with increased digitisation and ever-sophisticated threats, organisations need to look beyond the firewall and evaluate their digital risk across web, mobile and social channels to protect against brand infringement, cybercrime and web-based attacks. Put simply, companies must proactively monitor and police their own digital presence – something that TaskRabbit has shown that it can do both transparently and effectively.”

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