Tag: finance
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CISA Cuts Expose US Critical Infrastructure to New Threats
Could CISA’s Uncertain Future Embolden Nation-State Attackers?. As the future of the Cybersecurity and Infrastructure Security Agency becomes increasingly uncertain in the wake of a massive federal overhaul, experts warn that key U.S. infrastructure sectors, including energy, financial services and election infrastructure, are at a heightened risk of cyberattacks and cyberespionage. First seen on govinfosecurity.com…
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New Australian Law Makes Banks, Telecoms Liable for Scams
Social Platforms Also Could Face Stiff Fines for Failing to Protect Users. The Australian government passed the Scams Prevention Framework law in Parliament to make social media companies, banks and telecommunication companies accountable for scammers using their networks, subjecting them to a maximum of AU$50 million in fines for violations. First seen on govinfosecurity.com Jump…
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Unusual attack linked to Chinese APT group combines espionage and ransomware
Tags: apt, attack, breach, china, cloud, country, credentials, crime, crimes, crypto, cyber, cybercrime, cyberespionage, data, encryption, espionage, exploit, finance, firewall, government, group, hacker, infection, insurance, intelligence, korea, microsoft, network, north-korea, ransom, ransomware, russia, software, tactics, technology, threat, veeam, vulnerabilityThe attacker demanded a $2-million ransom: The attack that resulted in the deployment of the RA World ransomware program, as well as data exfiltration, had the same chain: the toshdpdb.exe loading toshdpapi.dll then decrypting toshdp.dat which resulted in the PlugX variant being deployed. The difference is the attacker then chose to deploy the RA World…
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CyberArk acquires Zilla Security in $175 million deal
Tags: financeThe acquisition occurs during a period of strong financial performance for CyberArk. First seen on cyberscoop.com Jump to article: cyberscoop.com/cyberark-zilla-security-acquisition/
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Hackers Use CAPTCHA Trick on Webflow CDN PDFs to Bypass Security Scanners
A widespread phishing campaign has been observed leveraging bogus PDF documents hosted on the Webflow content delivery network (CDN) with an aim to steal credit card information and commit financial fraud.”The attacker targets victims searching for documents on search engines, resulting in access to malicious PDF that contains a CAPTCHA image embedded with a phishing…
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Cybereason CEO Sues to Halt Deadlock Over Critical Funding
Chapter 11 Looms as Eric Gan Seeks Custodian and Liberty, SoftBank Block Financing. Cybereason faces a crisis as a boardroom deadlock halts financing efforts. CEO Eric Gan and his family firm seek a custodian to halt the impasse, alleging SoftBank and Liberty Strategic Capital are prioritizing control over the company’s financial stability. Without urgent funding,…
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QuSecure Banks $28M Series A for Post-Quantum Cryptography Tech
QuSecure is pitching a software-based security architecture that overlays onto current networks to help businesses with PQC migration. The post QuSecure Banks $28M Series A for Post-Quantum Cryptography Tech appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/qusecure-banks-28m-series-a-for-post-quantum-cryptography-tech/
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Cybereason CEO: Mnuchin, SoftBank Pushing Company To Bankruptcy
Eric Gan, the ex-SoftBank executive, who took over as CEO of Cybereason in 2023, is suing SoftBank and Liberty Capital, claiming its largest investors are blocking much-needed financial proposals and driving the cybersecurity firm toward bankruptcy. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/02/cybereason-ceo-mnuchin-softbank-pushing-company-to-bankruptcy/
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Getting the Most Value out of the OSCP: Pre-Course Prep
Tags: access, antivirus, attack, compliance, control, credentials, cyber, cybersecurity, detection, exploit, finance, framework, guide, hacker, hacking, infosec, infrastructure, jobs, kali, linux, mandiant, metric, microsoft, mitre, network, organized, password, penetration-testing, PurpleTeam, RedTeam, risk, service, skills, software, tactics, technology, tool, training, vulnerability, windowsThe first post in a five-part practical guide series on maximizing the professional, educational, and financial value of the OffSec certification pursuit for a successful career in offensive cybersecurity consulting Disclaimer: All opinions expressed in this article are solely my own. I have reviewed the content to ensure compliance with OffSec’s copyright policies and agreements.…
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CEO testifies on federal agencies as lawmakers clash on Musk
Axon Enterprise CEO Rick Smith testified that federal agencies like the FTC engage in regulatory overreach and that their power should receive more oversight. First seen on techtarget.com Jump to article: www.techtarget.com/searchcio/news/366619010/CEO-testifies-on-federal-agencies-as-lawmakers-clash-on-Musk
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The Rise of Typhoon Cyber Groups
Tags: access, attack, breach, communications, control, cyber, cyberattack, cybersecurity, data, defense, dns, endpoint, espionage, exploit, finance, government, group, infrastructure, intelligence, iot, military, monitoring, network, phone, resilience, supply-chain, tactics, threat, tool, vulnerability, zero-day -
Financial sector sees 117% rise in DDoS attacks in second half of 2024
First seen on scworld.com Jump to article: www.scworld.com/news/financial-sector-sees-117-rise-in-ddos-attacks-in-q3-q4-2024
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Adam Khan on the Unique Security Challenges in Education IT
Adam Khan, vice president of global security operations for Barracuda Networks, explains what makes securing schools, such as universities, so much more difficult than the average enterprise IT environment. Unlike traditional enterprises, schools operate on limited budgets, often relying on outdated infrastructure while managing vast amounts of sensitive student, financial, and research data”, making them…
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World Economic Forum Annual Meeting 2025: Takeaways, reflections, and learnings for the future
Tags: attack, best-practice, ceo, cyber, cyberattack, cybercrime, cybersecurity, finance, fortinet, group, intelligence, international, law, lessons-learned, mitigation, open-source, organized, risk, strategy, tactics, technology, threatIncreasingly sophisticated threat actors in the evolving cybersecurity landscape In a world where cybercriminals often operate with a level of efficiency mirroring that of Fortune 500 companies, it is essential that we look to ways we can better collaborate to counter them. Unfortunately, there is still a lot of room for improvement; in 2023, 87%…
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Gcore DDoS Radar Reveals 56% YoY Increase in DDoS Attacks
Gcore’s latest DDoS Radar report analyzes attack data from Q3Q4 2024, revealing a 56% YoY rise in the total number of DDoS attacks with the largest attack peaking at a record 2 Tbps. The financial services sector saw the most dramatic increase, with a 117% rise in attacks, while gaming remained the most-targeted industry. This…
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British techies to advise on ‘devastating’ UK global crypto power grab
A hitherto unknown British organisation which even the government may have forgotten about is about to be drawn into a global technical and financial battle, facing threats from Apple to pull out of the UK First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366619028/Apple-British-techies-to-advise-on-devastating-UK-global-crypto-power-grab
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FinStealer Malware Targets Leading Indian Bank’s Mobile Users, Stealing Login Credentials
Tags: banking, credentials, credit-card, cyber, cybersecurity, finance, india, login, malware, mobile, phishing, threatA new cybersecurity threat has emerged, targeting customers of a prominent Indian bank through fraudulent mobile applications. Dubbed >>FinStealer,
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Researchers Found North Korean Hackers Advanced Tactics, techniques, and procedures
Recent research has highlighted the increasingly sophisticated tactics, techniques, and procedures (TTPs) employed by North Korean state-sponsored hackers. These cyber actors have demonstrated a strategic focus on espionage, financial theft, and disruption, targeting a broad range of sectors globally. Their operations align with the regime’s geopolitical objectives, including funding nuclear programs, gathering intelligence, and undermining…
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Top 5 ways attackers use generative AI to exploit your systems
Tags: access, ai, attack, authentication, awareness, banking, captcha, chatgpt, china, control, cyber, cybercrime, cybersecurity, defense, detection, exploit, extortion, finance, flaw, fraud, group, hacker, intelligence, LLM, malicious, malware, network, phishing, ransomware, resilience, service, spam, tactics, theft, threat, tool, vulnerability, zero-dayFacilitating malware development: Artificial intelligence can also be used to generate more sophisticated or at least less labour-intensive malware.For example, cybercriminals are using gen AI to create malicious HTML documents. The XWorm attack, initiated by HTML smuggling, which contains malicious code that downloads and runs the malware, bears the hallmarks of development via AI.”The loader’s…
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Arvest Bank CISO on building a strong cybersecurity culture in banking
In this Help Net Security interview, Mike Calvi, CISO at Arvest Bank, discusses building a strong cybersecurity culture within the banking sector. He explains how leadership, … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/02/11/mike-calvi-arvest-bank-banking-cybersecurity/
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Fortifying cyber security: What does secure look like in 2025?
Tags: access, ai, attack, authentication, business, compliance, cyber, cybercrime, cybersecurity, deep-fake, exploit, finance, Hardware, intelligence, least-privilege, malware, mfa, nis-2, phishing, regulation, resilience, risk, risk-management, scam, software, threat, training, update, vulnerability, zero-trustThe evolving cybersecurity landscape has increased security pressures for IT leaders. With the World Economic Forum estimating, the global cost of cybercrime is projected to reach $10.5trillion annually in 2025, the situation is only escalating[1]. The rise of new technologies, such as Artificial Intelligence (AI), and the complexities introduced by flexible working have made IT…
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CIO Cloud Summit: Best Practices von Anwendern für Anwender
Tags: ai, best-practice, business, cio, cloud, computing, finance, germany, group, infrastructure, sap, service, strategy, technology, toolsrcset=”https://b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?quality=50&strip=all 1682w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=300%2C168&quality=50&strip=all 300w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=768%2C432&quality=50&strip=all 768w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=1024%2C576&quality=50&strip=all 1024w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=1536%2C864&quality=50&strip=all 1536w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=1240%2C697&quality=50&strip=all 1240w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=150%2C84&quality=50&strip=all 150w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=854%2C480&quality=50&strip=all 854w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=640%2C360&quality=50&strip=all 640w, b2b-contenthub.com/wp-content/uploads/2025/02/CIO_Cloud_Summit.jpg?resize=444%2C250&quality=50&strip=all 444w” width=”1024″ height=”576″ sizes=”(max-width: 1024px) 100vw, 1024px”>Erfahren Sie auf dem CIO Cloud Summit, wie Sie die nächste Cloud-Welle am besten reiten. IDC FoundryFlexibilität, Agilität und Skalierbarkeit sind die entscheidenden Parameter für das Gelingen der Transformation von…
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Europol Warns Financial Sector of “Imminent” Quantum Threat
Europol has urged the financial sector to prioritize quantum-safe cryptography First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/europol-warns-financial-sector/
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CISOs: Stop trying to do the lawyer’s job
Tags: breach, business, ciso, compliance, cybersecurity, data, email, finance, group, guide, incident response, international, jobs, law, privacy, RedTeam, risk, risk-management, security-incident, service, skills, strategy, technology, training, updateThere’s a joke that’s been floating around boardrooms for years: “What’s the difference between lawyers and engineers? Lawyers don’t think they’re engineers.”This light-hearted jab highlights a fundamental difference between the two professions. Engineers, and by extension CISOs, focus on building and fixing things, learning a wide array of skills, sometimes sticking their hands into technologies…
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India’s banking on the bank.in domain cleaning up its financial services sector
With over 2,000 banks in operation, a domain only they can access has clear potential to make life harder for fraudsters First seen on theregister.com Jump to article: www.theregister.com/2025/02/10/india_bank_dotin_plan/