Cybersecurity

Equifax Links To Fake Equifax Page

They say it never rains but it pours — and we imagine the team at Equifax is looking pretty avidly for the...

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Cuomo Says Credit Reporting Firms Should Comply With NY’s Cybersecurity Rules

New York Governor Andrew Cuomo announced that he wants credit reporting firms to comply with the state’s new cyber-security regulations in the...

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Equifax Admits To A Different Security “Incident” In March

So, about that data breach at Equifax — it turns out this isn’t quite their first rodeo when it comes to serious...

Today In Data

Today In Data: TNS Survey Shows Customers’ Security Insecurities

According to a recent survey by Transaction Network Services (TNS), 85 percent of adults in the United States, United Kingdom and Australia...

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Apple

Senator Al Franken Is Worried About Security, Privacy With Face ID

Apple’s new FaceID technology embedded in the iPhone X may have elicited a lot of oohs and ahhs from the tech crowd,...

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Some SMBs Dangerously Ignorant Of Cybersecurity Threat

The research is clear: Just because a business is small does not mean it survives undetected from a cyberattack. In fact, some...

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The Explanations Edition: Equifax, Apple and Square

All eyes were on the sky last week, as most of the Southeastern United States braced for Hurricane Irma. And, as post-Harvey rebuilding...

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Equifax Hack Impacts 143 Million Customers

Credit scoring company Equifax announced Thursday (Sept.7) it had experienced a cybersecurity incident that may have impacted approximately 143 million consumers in...

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Fraud Prevention

Guardian Of The Analytics Galaxy

Think the life of a vice president of analytics is all about the numbers? Think again. There’s data, to be sure — reams...

Supply Chain Outfit MTI Completes Blockchain Pilot

Marine Transport International, or MTI, is said to have completed a successful pilot of a supply chain automation solution that runs on...

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Safety and Security

Time Warner My TWC App Users Records Resided On Unsecured Amazon Server

Millions of Time Warner’s My TWC app users’ records were residing on a Amazon server in August that was not secure, according...

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Regulation

New York State Of (Cybersecurity) Mind

New cyber-rules are taking effect in New York state, with wide-ranging impact for financial services players near and far. Brexit gets down...

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Surprise Edition: Amex, Hackers And Starbucks E-Commerce Sign-Off

Last week’s news cycle was all about surprises. Hurricane Harvey blew into the coast of Mexico as a “blob of weather systems”...

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When Bank Robbers Overdraw Their Luck Account

Bank robberies, even the quirky ones, are serious business. People get killed, hurt or emotionally traumatized by these events. And as scary...

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For Cybersecurity, Independent Contractors Should Think Like Big Businesses

The cyber insurance market is expected to grow, by a lot. Researchers at PricewaterhouseCoopers predicted in 2015 that the market would hit...

Don’t Bite The Phish Hook

You there, corporate decision-maker. Are you ready to respond to a cyber threat? How confident do you feel in your ability to...

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Markets

Dark Web Down But Not Out

The black market took a hit when, in July, law enforcement took down two of the biggest dark web marketplaces, AlphaBay and...

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Bank Regulation

Push Back On Regulatory Rollback?

The regulatory rollback may be rolled back. It has been a key aim of the Republican Congress and President Donald Trump’s administration...

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Apple

iPhone 8 Rumored To Come Without Touch ID

It seems like smartphones have been in our lives forever. With the amount of time people spend on these tiny screens, it’s...

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End-Of-Summer Edition: Malware Goes Retro, Bitcoin Splits And Apple Watch Breaks Free

This week, Americans will have something of a rare opportunity in the digital age: The chance to all do the same thing...

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Kingsbridge Offers Cyber Insurance For Freelancers, Contractors

Insurance broker Kingsbridge, which services contractors and corporates, is adding a cybersecurity tool into its offering. The company announced Friday (Aug. 18)...

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Kaspersky Lab Finds New Version Of Faketoken Aimed At Ride Hailing Customers

Kaspersky Lab announced Thursday (Aug. 17) it has discovered a new modification of the Faketoken Android Trojan, a mobile banking Trojan that...

Survey Says Security Professionals Doubt Effectiveness of Encryption Backdoors

Venafi, the provider of machine identity protection, announced Thursday (Aug. 17) that, based on survey results, the majority of IT security professionals...

FIs Unable To Detect Fraudulent Activity

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Too Much Security? There’s No Such Thing

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which...

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Today In Data

Today in Data: Soaring Global IT Security Spend

As long as there is an open window, a robber will always find a way to get inside the home to take...

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June’s Cyberattack Cost Maersk $300M

Losing money is never something that companies look forward to, but it’s likely something that’s expected to happen from time to time....

Kaspersky Lab Catches Backdoor In NetSarang System

NetSarang — a software vendor “used by hundreds of large companies worldwide, including those in financial services, education, telecoms, manufacturing, energy and transportation,”...

Legal

WannaCry Hero Says He Didn’t Hack People’s Bank Data

Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based Kryptos Logic, was arrested earlier this month in Las Vegas for...

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APT 28 Is Reportedly Behind European Hotel Wi-Fi Attack

APT 28, a cyber spying group that is suspected to be connected to military intelligence in Russia, was likely behind a cyberattack...

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Sizzle/Fizzle

Taking A Pass On Passwords

Turns out we’ve been doing passwords wrong and that in almost any fashion, short or long, rife with symbols or your dog’s...

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AIG Predicts Cyber Insurance From Firms In Greater China Will Skyrocket

American International Group (AIG), the insurance company based in the U.S., predicted the number of cyber insurance policies will skyrocket from Chinese...

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Fraud Attack

Fraud Victim? No Automatic Refunds For You, Says Bank Chief

Think you automatically qualify for an automatic refund when you’re a victim of bank fraud? Think again. You’d better take “duty of...

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Innovation

How To Live Forever In The Financial Services Space

Slow and steady doesn’t win the financial services race. If you’re not ahead, you’re behind, especially if you’re playing on the global...

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Your P@$$w0rd Is Bad – Here’s Why

Your clever password, dotted with capital letters, numbers and symbols isn’t so clever after all. The man who wrote the book on...

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Apple

Apple’s iPhone 8 Will Scan For Facial Recognition On Flat Surfaces

New details about the Apple iPhone 8’s facial recognition capabilities have emerged, revealing the next version of the smartphone will include enhanced...

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Alt-Lending Enjoys Sudden Investment Revival

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks...

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Investments

BlueteamGlobal Grabs $125M in Funding

The cybersecurity arena is getting a bit more cash As reported, BlueteamGlobal, which has ties to Morgan Stanley, has raised $125 million...

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Legal

U.K. Based Computer Researcher Arrested In U.S. For Alleged Ties To Kronos Malware

A British-based cybersecurity researcher has been arrested by U.S. authorities on charges that he conspired to advertise and sell Kronos banking malware....

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In A Ransom DDoS Attack, It Doesn’t Pay To Pay

Cyberattacks have become so common that criminals don’t even have to launch one in order to get victims to pay up; all...

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Slowing Down Faster Payments Fraud

Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped...

Fraud Prevention

Most Retailers Feel Like ‘Somebody’s Watching’

In today’’s fast-moving, tech-infused retail arena, one of retailers’ top vulnerabilities centers around their ability to data security. As such, it should...

Amazon

Hacking An Amazon Echo Is Easier Than It Should Be

The conspiracy theorists may be right this time: Cybercriminals could use the Amazon Echo to spy on them. A British security researcher...

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US Lawmakers Want US Agencies To Provide Information On Kaspersky Lab

Russian cybersecurity company Kapersky Lab is under fire as a U.S. congressional panel requests 22 internal government agencies share information on the...

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Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove

Most of the drama this week was in Washington. The healthcare debate turned into something that was one aria short of a...

British ‘Spiderman’ Hacker Receives Suspended Sentence In Germany

A British hacker-for-hire known as “Spiderman” was given a suspended sentence by a German court Friday, but could still face criminal charges...

It’s Only ‘Hacking’ When Bad Guys Do It

A virtual lynch mob has swarmed the Facebook page of the Budapest Transit Authority (BKK in Hungarian), leaving more than 45,000 one-star...

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Ransomware Hacks Costs Exceed $25M

With ransomware cyberattacks raging, companies and individuals have paid out more than $25 million during the course of the last two years...

BTC-e Operator Indicted Following Tuesday Arrest

Alexander Vinnik, the 38-year-old Russian man behind the bitcoin exchange BTC-e, has been arrested and indicted. Reuters reported news that a U.S. jury...