Apple's latest desktop operating system, High Sierra, has a massive vulnerability that allows anyone to create, without a password, a "root" account that has access to all files on the computer. It's the third authentication-related fumble found in High Sierra since its general release in September.
As data protection breaches have become daily headline news and everyone becomes increasingly sensitive about privacy, the regulatory regime is getting tougher. Data protection laws in Europe are more important than ever before - especially as the enforcement deadline of the EU GDPR looms.
RBI's recent move to mandate that all banks must use Aadhaar as the primary form of authentication for anyone accessing their bank account is stirring a debate about the long-term role of the authentication mechanism and associated data security issues.
Cybercriminals are continuously introducing new, sophisticated financial malware and social engineering tactics to impersonate banking customers. So how can your financial institution let customers in while keeping fraudsters out?
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Reduce security costs through simplified...
What security strategies do financial organizations need to consider in the new PSD2 landscape? PSD2 outlines security requirements in three key areas.
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Secure customer interactions with third-party providers and banks;
Secure API transactions and account...
How can a financial institution spot a true customer from an impostor in the digital world? Cybercriminals leave footprints for fraud experts that are markedly different than true customers.
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The use of a pre-paid SIM card;
Automated or industrial...
Ransomware infections can be devastating, and recovery efforts threaten to financially cripple your organization. Prevention is the most effective defense.
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Implement an awareness and training program;
Enable strong spam...
With threat actors increasingly moving to circumvent anti-malware systems by compromising legitimate on-device tools, there is a growing need to address malware, file-less attacks, and in-memory attacks on endpoints.
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How to use risk-mitigation techniques in order to limit the...
There are several fraud vectors by which open banking can be exploited by fraudsters. Cybercriminals are now experts at exploiting these technologies and processes meant to benefit financial institutions and their clients.
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Assessing the...
Open banking has completely transformed banking and customers' expectations. However, just as the open banking era makes business easier for customers, it also enables new opportunities for fraudsters.
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What open banking means for institutions, customers and fraudsters;
The new...
The U.S. government has charged three employees of Chinese cybersecurity firm Boysec with stealing valuable intellectual property from Siemens, Moody's Analytics and Trimble. Security researchers say Boysec has been operating since 2007 and is also known as APT 3 and Gothic Panda.
When Arbor Network's Paul Bowen looks at the IoT threat to healthcare, he's concerned about how medical devices are conceived, created and connected. And he says device manufacturers are dangerously behind the maturity curve when compared to threats actors.
The steady stream of new reports about years-old breaches continues as Imgur, the popular photo-sharing service, belatedly warns that it suffered a breach in 2014 that compromised 1.7 million users' accounts.
As cyber-crime evolves, attacks are complex and creative, and often tailored to the targeted industries and organizations. Therefore, to respond appropriately, one must engage in advanced threat hunting that takes the human factor in consideration.
Today, most of the cyber security community focuses on technical...
Like its mythological namesake, the source code for Zeus malware appears to be immortal. New variants continue to surface, including the Terdot banking Trojan, which is also designed to steal email and social networking credentials while remaining hidden.
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