Collaborate Disseminate
If you’ve ever looked at the bottom of a bank check, you probably glanced over some strangely formed numbers? If you’re a fan of science fiction or retro computers, you’ve …read more Continue reading How Magnetic Fonts Twisted Up Numbers And Saved Banking Forever
A Canadian man has been indicted in federal court in New York for exploiting vulnerabilities in two decentralized finance (DeFi) protocols to fraudulently obtain about $65 million from the protocols’ investors. The fraudulent scheme According to court … Continue reading Man charged with stealing $65 million by exploting DeFI protocols vulnerabilities
Explore the best CRM for accounting firms in 2024, featuring top tools and features tailored to streamline client management and boost efficiency. Continue reading Best CRM Solutions for Accounting Firms in 2024
Explore the best CRM for accounting firms in 2024, featuring top tools and features tailored to streamline client management and boost efficiency. Continue reading Best CRM Solutions for Accounting Firms in 2024
Tax farming is the practice of licensing tax collection to private contractors. Used heavily in ancient Rome, it’s largely fallen out of practice because of the obvious conflict of interest between the state and the contractor. Because tax farmers are primarily interested in short-term revenue, they have no problem abusing taxpayers and making things worse for them in the long term. Today, the U.S. Securities and Exchange Commission (SEC) is engaged in a modern-day version of tax farming. And the potential for abuse will grow when the farmers start using artificial intelligence…
MoneyGram faces a cyberattack that has caused global service disruptions for five days. Customers are unable to send… Continue reading MoneyGram Cyberattack: Global Service Disruptions Enter Day 5
According to the IBM Cost of a Data Breach 2024 report, the average global breach cost has reached $4.88 million — a significant increase over last year’s $4.45 million and the biggest jump since the pandemic. For financial industry enterprises, costs are even higher. Companies now spend $6.08 million dealing with data breaches, which is […]
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The draft cyber incident reporting rule faced significant pushback during a House hearing Wednesday, with industry groups arguing for a narrower reporting requirement.
The post CISA’s incident reporting requirements go too far, trade groups and lawmakers say appeared first on CyberScoop.
Continue reading CISA’s incident reporting requirements go too far, trade groups and lawmakers say
Financially motivated hackers have been leveraging SmokeLoader malware in a series of phishing campaigns predominantly targeting Ukrainian government and administration organizations. The phishing campaign The Ukrainian SSSCIP State Cyber Protection Ce… Continue reading Attackers are targeting financial departments with SmokeLoader malware
Quantum computing is a new paradigm with the potential to tackle problems that classical computers cannot solve today. Unfortunately, this also introduces threats to the digital economy and particularly the financial sector. The Digital Operational Resilience Act (DORA) is a regulatory framework that introduces uniform requirements across the European Union (EU) to achieve a “high […]
The post DORA and your quantum-safe cryptography migration appeared first on Security Intelligence.
Continue reading DORA and your quantum-safe cryptography migration