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

Singapore Considers Caning as Scams Jump 70%
Singapore Considers Caning as Scams Jump 70%
May 26, 2025  |  Cybersecurity

How bad has Singapore’s scamming problem gotten? Authorities are considering corporal punishment for offenders. “We believe in caning as a strong deterrent,” Loretta Yuen, chair...

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Banks Want SEC to Rescind Cyberattack Disclosure Requirements
Banks Want SEC to Rescind Cyberattack Disclosure Requirements
May 26, 2025  |  Cybersecurity

American banking groups want the Securities and Exchange Commission (SEC) to revoke its cybersecurity incident disclosure requirements.  These groups, led by the American Bankers Association...

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Adidas: Customer Contact Info Stolen in Data Breach
Adidas: Customer Contact Info Stolen in Data Breach
May 25, 2025  |  Cybersecurity

German sportswear company Adidas has reported a data breach involving a customer service provider. The company announced Friday (May 23) that cybercriminals had accessed customer...

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Payment Security Concerns Are Pushing US Consumers to Use Virtual Cards Online
Payment Security Concerns Are Pushing US Consumers to Use Virtual Cards Online
May 22, 2025  |  Digital Payments

Fool me once, shame on you. Fool me twice, shame on me. Fool me thrice, won’t get fooled again. That’s the emerging story when it...

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Bank of America Sees Mobile-First Security Surge as Firms Embrace QR Sign-In
Bank of America Sees Mobile-First Security Surge as Firms Embrace QR Sign-In
May 21, 2025  |  B2B Payments

Business-to-business (B2B) transactions typically involve higher volumes and more complex authorization than consumer payments. Companies must balance usability with security, often managing multiple layers of...

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Crypto Firms Grapple With Bank-Like Risks, Without the Regulation
Crypto Firms Grapple With Bank-Like Risks, Without the Regulation
May 19, 2025  |  Cryptocurrency

Crypto exchanges are rapidly evolving into digital-age banks, amassing vast troves of customer data and assets — but without the regulatory muscle or hardened security...

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30% of Data Breaches Involve Victims’ Third-Party Suppliers and Vendors
30% of Data Breaches Involve Victims’ Third-Party Suppliers and Vendors
May 19, 2025  |  Cybersecurity

Thirty percent of data breaches that occurred during the year ended Oct. 31 involved a third party, according to Verizon. That percentage is up from 15%...

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UK Investment Association Warns of Rise in ‘Cloning Scams’
UK Investment Association Warns of Rise in ‘Cloning Scams’
May 18, 2025  |  Cybersecurity

A British investment group is warning consumers about the proliferation of “cloning scams.” As The Investment Association (IA) said in a report last week, these...

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Binance and Kraken Reportedly Fend Off Social Engineering Hack
Binance and Kraken Reportedly Fend Off Social Engineering Hack
May 18, 2025  |  Cryptocurrency

Binance and Kraken were reportedly targeted in a social engineering cyberattack. As Bloomberg News reported Friday (May 16), the hacking attempts were similar to the...

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