Tagged: online security

Very Good Security Teams Up with Plaid to Improve Data Security for the Digital Finance Sector

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Very Good Security (VGS), a firm focused on protecting sensitive data, enabling innovation while ensuring security and privacy, announced an extended partnership with Plaid, a data network that powers the tools “millions of people” rely on to “live healthier financial lives.” VGS will be “a… Read More

Security Report Reveals Fraudsters Passed “Knowledge Based” Authentication Questions 92% of the Time

Bernie Madoff 5 Dollars Money Trust Me Not Fraud 1

Pindrop, which claims to be an international leader in voice tech, recently shared its annual Voice Intelligence & Security Report “uncovering how companies might be accidentally inviting fraud, threat mongers from the dark web and bad actors better prepared to pass authentication.” As noted in… Read More

Ukraine Conflict Accelerates Russia’s Aim to Block VPNs: Report

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Surfshark, a VPN firm based in Lithuania, has reported “a 3500% surge in Russia sales since February 24 – the day Russia invaded Ukraine.” According to cybersecurity firm Surfshark’s analysis, the Russian telecoms regulator (Roskomnadzor) has forced Google to “delist more than 36,000 URLs that… Read More

OurCrowd backed ThetaRay Appoints Peter Reynolds as CRO

Guard Safety

ThetaRay, a provider of AI-enhanced transaction monitoring tech to protect banking institutions and Fintech platforms against financial crimes, recently revealed that it has solidified its international revenue operations with the appointment of Peter Reynolds as the firm’s Chief Revenue Officer. ThetaRay is an OurCrowd portfolio… Read More

HMBradley Shares Notice About Recent Cybersecurity Incident

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The team at HMBradley reveals that they recently detected a cyberattack on their systems. In this type of attack, often referred to as a “credential stuffing attack”, the perpetrator attempts “to gain access to a customer’s account using login credentials illegally obtained from another source.”… Read More

Destructive Malware Deployed Against Ukraine Organizations: FBI, Cybersecurity and Infrastructure Security Agency Report

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The FBI Cyber Division notes that cyber threat actors have recently “deployed destructive malware” against organizations operating in Ukraine. The FBI and Cybersecurity and Infrastructure Security Agency noted in an extensive update that “leading up to Russia’s unprovoked attack against Ukraine, threat actors deployed destructive… Read More

WEFUZZ, the Coinbase Crypto Community Fund Grant Recipient, Is Building Security Audit, Bug Bounty Solution

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A report shared by digital asset firm Coinbase (NASDAQ: COIN) had provided the latest updates on what WEFUZZ, the Coinbase Crypto Community Fund grant recipient, has been working on during the first part of their year-long Crypto development grant. This update covers their ongoing work… Read More

UK’s Digital Bank Zopa Explains Why Online Payments are More Secure with their Credit Card

Zopa Credit Card Angle

In line with industry regulation, online payments with the Zopa Credit Card are becoming a lot more secure, with the addition of “a new layer of security,” according to an update from UK’s digital bank Zopa. You may start noticing this change from 14 February… Read More

Digital Identity Verification Firm Trulioo Announces New Banking Industry Clients

Old Building Bank USA

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

Ararat Yuzbashyan, CTO at EstateGuru, Says Company Is Focused on Improving Security on their Platform

Vault Safe Bank Lock Security

Ararat Yuzbashyan, CTO at EstateGuru, has explained how he aims to improve the lives of his colleagues. Ararat also talked about the advice he would give to talented professionals who are thinking of joining EstateGuru. Ararat has been working at EstateGuru for around 10 years…. Read More

Regtech SteelEye Reinforces Commitment to Ensuring Robust Data Security, Achieves SOC 2 Compliance

Abe Lincoln Eyes Watch Look Dollar Money

SteelEye, the compliance tech and data analytics firm, reinforced its commitment to ensuring institutional-grade data security by “achieving System and Organization Controls (SOC) 2 compliance.” The external accreditation confirms SteelEye’s ongoing commitment to data security – a move the Regtech firm thinks will solidify its… Read More

Millions of US Bank, Payment Cards have Been Compromised, NordVPN Reveals

Pick Pocket Theft Steal Crook Criminal Fraud

More than 1.5 million US banking/payment cards may reportedly be found via the dark web, according to a study carried out by cybersecurity firm NordVPN. The study by NordVPN reveals that a total of 1,561,739 American payment card details had been discovered by researchers. This… Read More

CertiK Reports that Qubit Bridge Collapse was Exploited to the Tune of $80M

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At 9:34PM UTC on January 27, 2022, a bad actor started their exploit of Qubit Finance’s Ethereum (ETH) to Binance Smart Chain (BSC) bridge. As noted in an update from CertiK, this particular exploit “ended up netting them 77,162 qXETH ($185 million), which they then… Read More

Blockchain Devs at Qtum Explain How they Achieve High Scalability Without Sacrificing Decentralization

Balance Sustainable Challenge

Scalability has been the “hottest topic” in the crypto space during the past few years, the team at Qtum notes in a recent update. Qtum‘s developers write in a blog post that they have seen several projects “adopt a centralized stance just to speed up… Read More

HYPR, a Company Reimagining Authentication with True Passwordless MFA, Achieves SOC2 Type 2 and ISO 27001 Compliance

Try Again Password

The team at HYPR reveals that they’re pleased to confirm that they’ve successfully completed SOC 2 Type 2 and ISO 27001 compliance and audit initiatives “along with obtaining ISO 27017 and ISO 27018 compliance certifications.” As noted by its management, HYPR allows customers to finally… Read More

Crypto.com has Allegedly Lost Over 172 BTC, 4,831+ ETH Valued at a Total of $22.5M via Recent Breach: Report

Money Cyber Crime Hack Ransom Theft

The Sentinel Protocol team, which is operating a platform leveraging blockchain technology in order to harness collective cyber security intelligence to protect crypto assets against hackers, scams and fraud, has provided an update regarding the suspicious activity incident involving Crypto.com. Through their team’s preliminary analysis,… Read More

Over 50 Forked Binance Smart Chain (BSC) Projects Are Potential Rugpulls: Report

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A CertiK security analysis has found that over 50 so-called decentralized finance (DeFi) and non-fungible token or NFT projects may have “critical” vulnerabilities. CertiK wrote in a blog post that they “feel obligated to share these insights” with their community members. According to the blockchain… Read More

Digital Identity Verification Firm Trulioo Shares Common Use-Cases for ID Verification

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Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

Bitcoin focused Tech Firm Casa Comments on Major Privacy and Security Issues Experienced in 2021

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The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

HYPR Explains How their True Passwordless Security Helps Enable Compliance with Salesforce MFA Requirement

Security Lock Door Deadbolt

Salesforce is reportedly requiring clients to implement multi-factor authentication or MFA by February 2022. Salesforce, the world’s largest customer relationship management (CRM) software provider, assists organizations with increasing their revenue and enhance their customer experience. But the vast quantity of high-quality data (like personal and… Read More

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