Tagged: cybersecurity

Visa Teams Up With GM Security Technologies to Promote Payment Security in Latin America & The Caribbean

Cybersecurity company GM Security Technologies announced on Friday it has teamed up with Visa to accelerate the of secure, compliant and trustworthy digital payment eco-systems in Latin America and the Caribbean. Through the collaborations, the companies will be hosting a regional roadshow to educate issuers, merchants, acquires, and third… Read More

TD Bank’s Latest Survey Reveals: Stagnant Corporate Systems, Cybersecurity Continue to Plague Payments Professionals

 TD Bank announced on Tuesday its latest survey reveals cyber fraud and technological solutions are top of mind for finance and treasury professionals. According to TD Bank, 42% of respondents cited organizations’ struggles to improve legacy systems as the greatest challenge facing payments professionals. Last… Read More

Recent Crypto Ransomware Attacks Show Real Estate Sector Should Be Taking the Threat Seriously

Two recent ransomware attacks on real estate companies may exemplify recent claims from cybersecurity experts that hackers are increasingly targeting medium-sized and smaller companies as larger entities tighten their online security. In January of this year, cybersecurity staff from BoostIT and workers at a real… Read More

Insurer Beazley: Healthcare Industry Most Targeted by Cyber Attacks

41% of cyber attacks are deployed against healthcare entities, Canadian Underwriter reports, whereas only 20% of attacks are leveled at financial firms. The information comes from specialist insurer Beazley in its Beazley 2019 Breach Briefing. The reason healthcare targets are preferred, says Beazley, is because unlike… Read More

Ukraine Cyberpolice Accuse Man of “CryptoJacking” a Million People

Cyberpolice in Ukraine say they have arrested a 32-year-old Bukovina resident accused of using “cryptojacking” software against a million individuals without their consent. Police allege the man deployed the software surreptitiously to the computers of individuals visiting websites run by the man. The sites reportedly… Read More

CyberSecurity: American Lawyers’ Duties in the Event of a Data Breach

Legal intelligence newsletter JD Supra has published an article advising lawyers on what to do in the event that client files are compromised in a data breach. Data breaches attacks on public institutions and private businesses are becoming increasingly common as hackers find more and… Read More

Investigator Links Russian Internet Tycoon to Hacks on Hilary Clinton Presidential Campaign and Financial Hacks

A veteran cybersecurity investigator has buttressed claims made in the Christopher Steele dossier that Internet infrastructure owned by Russian entrepreneur Aleksej Gubarev was used by Russian intelligence to subvert Hilary Clinton’s 2016 presidential bid, Buzzfeed reports. Gubarev’s infrastructure was also allegedly used to disperse the… Read More

Records of 15 000 Heart Patients Compromised in Crypto Ransom Attack

In January, a private heart clinic located in a Melbourne’s Cabrini hospital had 15 000 patients’ medical records locked in a ransomware attack that emanated from Russia or North Korea, 9News reports. A cryptocurrency ransom to unlock the data was subsequently demanded. The records were… Read More

Data Clouds “Main Focus for Hackers Looking to Mine Cryptocurrency” Bitglass Cla

Australian cloud access security brokerage (CASB) Bitglass has published an article in Security Briefing Australia warning that “cloud resources” have become the most coveted target of hackers pervading cryptocurrency mining malware. “Cloud computing” is essentially the outsourcing of data storage to firms running large data… Read More

Chainalysis: Two Professional Groups Behind Majority of Lucrative Cryptocurrency Exchange Hacks

In its latest “Crypto Crime Report,” blockchain forensics firm Chainalysis says that two groups are responsible for 60% of hacks on cryptocurrency exchanges, the most lucrative types of crypto hacks by far: “Hacking dwarfs all other forms of crypto crime, and it is dominated by… Read More

Kudelski Security Announces New Blockchain Security Center

Kudelski Security, the cybersecurity division of the Kudelski Group (SIX: KUD.S), announced on Tuesday the launch of its new Blockchain Security Center (BSC), which is reportedly making available its cryptography expertise into the rapidly evolving blockchain developer community. According to Kudelski Security, the BSC will… Read More

New Monero CryptoMining Malware Targeting Alibaba and Tencent Clouds

Cybersecurity firm Palo Alto Networks’ Unit 42 “global threat intelligence team” has identified a new exploit illegally mining Monero cryptocurrency on Chinese public cloud networks: “Palo Alto networks recently captured and investigated new samples of the Linux coin mining malware used by the Rocke group…. Read More

Cybersecurity Firm ITsMine Provides Al Data Protection Tool Free of Charge Following Marriott Data Breach

Following the recent data breach at Marriott, ITsMine, an Israel-based cybersecurity company that uses AI-based Data Loss Prevention (DLP) to secure organizational data, announced it will provide its solution free of charge to the worldwide hotel industry through the end of 2019. According to ITsMine, the solution offers… Read More

Monetary Authority of Singapore Announces New S$30 Million Cybersecurity Capabilities Grant

The Monetary Authority of Singapore (MAS) announced on Monday the launch of a new S$30 million Cybersecurity Capabilities Grant to strengthen the cyber resilience of the financial sector in Singapore and help financial institutions develop local talent in cybersecurity. According to MAS, the Grant was… Read More

McAfee Labs Detects New Crypto Mining Malware “WebCobra”

Researchers at McAfee Labs have discovered a new type of Russian malware quietly mining Zcash and Monero on exploited computers around the world. The malware “arrives via PUP installers” that drop and install either the Cryptonight Monero miner or Claymore’s Zcash miner onto a system, “depending… Read More

SIM-Swap Cryptocurrency Thefts Being Abetted by Telecom Employees, Police Say

Researchers at Krebs on Security have shed new light on the nature of SIM-swap hacks, which have recently allowed thieves to steal millions in cryptocurrencies. Previously, it was thought that most SIM-swap attacks were being executed by hackers calling up mobile phone companies and impersonating… Read More

“Almost All” Pakistani Banks’ Customer Data Breached in Recent Hacks

At least six banks in Pakistan have frozen their customers’ bank and credit cards and have suspended international remittances in the wake of news that, “almost all major Pakistani banks’ (customer data)” was hacked in recent security breaches, Geo News reports. According to Captain Mohammad… Read More

Researchers Trace Zaif Crypto Exchange Hackers

Cybersecurity researchers in Japan say they have unearthed digital traces that could lead them to the hackers responsible for the September 14th theft of $60 million USD in cryptocurrencies from the licensed Japanese crypto exchange Zaif. The attack in question took place over two hours… Read More

All You Need to Know About Cryptocurrency Wallets

A lot of people think of their cryptocurrency wallet as merely a digitized version of a real wallet that is used for storing funds. However, it doesn’t actually store cryptocurrencies. Rather, it saves a pair of public and private keys that grant access to one’s digital belongings. In a nutshell, a public key is a… Read More

Don’t Brag About Your Bitcoin and Other Tips from Google Email Security Expert

The head of email security at Google says research tracing crypto thefts thefts back to comments made on online message boards means you should never talk up your crypto online, CNBC reports. This is because you never know who is watching nor how the info you… Read More

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