Brazil's instant payment system, PIX, is second only to India's UPI in number of transactions. As the United States prepares for the launch of FedNow, GFT's Carlos Kazuo Missao shares his experience with PIX and some important lessons U.S. banks can learn from Brazil.
The Biden administration on Tuesday initiated a nationwide cybersecurity certification and labeling program aimed at helping consumers choose smart devices that offer enhanced protection against hacking risks. Products will have a QR code and follow NIST standards.
Microsoft customers will gain access to expanded cloud logging capabilities at no additional cost just days after lower-level customers were unable to detect a Chinese cyberattack. CISA has identified several security logs - critical to detect and prevent threat activity - that currently cost extra.
The Ukrainian Cyber Police dismantled yet another large-scale bot farm spreading Russian propaganda over social media. Cyber police seized nearly 150,000 SIM cards of different mobile operators used in the campaign to create fake social media profiles.
The Russian Turla hacker group has targeted the Ukrainian defense sector and other Eastern European entities with a novel backdoor, dubbed DeliveryCheck, to deploy secondary payloads likely used for espionage, according to security researchers at Microsoft.
Top U.S. and Australian cybersecurity agencies strongly urged users to patch a critical zero-day flaw in Citrix ADC and Gateway appliances being exploited by unnamed threat actors in the wild. The bug, which is tracked as CVE-2023-3519, gives unauthenticated attackers RCE privileges.
The U.S. government has added two more commercial spyware vendors - Cytrox and Intellexa - to its list of organizations that face restrictions if they attempt to procure American goods or services, owing to the firms' "threatening the privacy and security of individuals and organizations worldwide."
Product security is the other half of the security picture. While IT security focuses on an internal audience, product security teams must respond quickly to issues identified by customers and researchers. Quentyn Taylor of Canon EMEA discussed the value of product security programs.
China poses a growing threat to U.S. electric infrastructure and could potentially disrupt the power grid, gas and pipeline systems by exploiting compromised equipment and harnessing emerging artificial intelligence technologies for cyberattacks, experts told Congress on Tuesday.
Spanish law enforcement officers scored several recent wins against cybercriminals this month. Police nabbed a Ukrainian hacker on the run for 10 years, arrested a fraudster known to have run a smishing campaign that amassed 1.2 million euros, and broke up a phishing nexus - all in two weeks.
What are your third parties doing for you when it comes to security, and what has been assumed that you are doing, plus what’s the impact of AI? Bridget Kenyon, CISO at Shared Service Connected, said most organizations need better visibility into vendor risks.
Netcraft landed a DigiCert and Progressive Leasing executive as its CEO to expand the company's footprint in the U.S. and better identify cyberattacks in real time. The firm tapped Ryan Woodley to capitalize on the $100 million raised from Spectrum Equity by bringing more scalability via automation.
It's becoming more critical than ever for hospitals to have vigorous programs that continuously evaluate and address the security risks posed by third-party vendors, said John Riggi, national adviser for cybersecurity and risk at the American Hospital Association.
Cryptocurrency hackers are shifting their focus from bitcoin to other tokens and newer blockchain services such as cross-chain bridges for illicit activity. Why is the oldest crypto token so unappealing to hackers these days, and what do other options offer? Ari Redbord of TRM Labs explained.
How bad is the breach of the MOVEit zero-day to businesses, government agencies and their customers? The short answer is that the known fallout from the Clop ransomware group attack already looks bad and keeps getting worse as ongoing investigations add to the victim count of 20 million people.
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