Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

(source: en.wikipedia.org)

Report: Mysterious ‘Nevada Group’ Launches Mass Ransomware Attack
Report: Mysterious ‘Nevada Group’ Launches Mass Ransomware Attack
February 23, 2023  |  Security & Fraud

Hackers dubbed the “Nevada Group” have reportedly launched one of the largest ever ransomware attacks. The goal of the as-yet-unidentified group is to paralyze computer...

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Targeted Friction Helps Credit Unions Fight Fraud as Attacks Surge
Targeted Friction Helps Credit Unions Fight Fraud as Attacks Surge
February 23, 2023  |  Credit Unions

With the world existing more online than ever, fraud attacks targeting financial institutions (FIs) are a growing threat. Criminals are increasingly succeeding in exploiting the...

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Chaos Labs Raises $20M for DeFi Protocols’ Risk Suite
Chaos Labs Raises $20M for DeFi Protocols’ Risk Suite
February 21, 2023  |  Investments

Chaos Labs has raised $20 million in seed funding to expand its risk suite that helps protect decentralized finance (DeFi) protocols. The firm was founded...

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Consumers’ Trust in PayPal and Amazon to Store Credentials Grows, Putting Banks on Notice
Consumers’ Trust in PayPal and Amazon to Store Credentials Grows, Putting Banks on Notice
February 16, 2023  |  Security & Fraud

Consumers’ faith in their primary banks’ ability to store sensitive information safely may be slipping. Trust and security have long been key loyalty drivers for...

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Accenture Acquires Morphus and Launches Cyber Industry Practice in Latam
Accenture Acquires Morphus and Launches Cyber Industry Practice in Latam
February 13, 2023  |  Acquisitions

Accenture has acquired a Brazil-based cybersecurity firm and launched a cyber industry practice in Latin America. The global professional services company purchased Morphus, a provider...

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UN Says North Korea Stole Record Amount of Crypto in 2022
UN Says North Korea Stole Record Amount of Crypto in 2022
February 07, 2023  |  Cryptocurrency

The United Nations says North Korea stole a record amount of cryptocurrency assets last year. As Reuters reported Tuesday (Feb. 7), a confidential UN report...

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nsKnox Is Preparing for a Wave of ‘Human Hacking’
nsKnox Is Preparing for a Wave of ‘Human Hacking’
February 06, 2023  |  Opinion

As cybercriminals become increasingly sophisticated, companies must implement technology to protect payments, Nithai Barzam, COO at nsKnox, writes in the new PYMNTS eBook, “2023 Payments...

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Crypto Hackers Stole Billions Last Year by Targeting DeFi
Crypto Hackers Stole Billions Last Year by Targeting DeFi
February 02, 2023  |  Cryptocurrency

Adding to the cryptocurrency sector’s 2022 woes, hackers stole $3.8 billion from crypto companies last year. This, as a new crypto crime report from blockchain...

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Business Networks Aim to Simplify Authentication for Consumers and Suppliers
Business Networks Aim to Simplify Authentication for Consumers and Suppliers
February 01, 2023  |  Authentication

Leveraging connected ecosystems is key for businesses looking to streamline authentication processes across channels. In the absence of these ecosystems that leverage partner strengths, Melanie Ockerse,...

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