The rise of the Fintech sector

The UK’s Fintech (Financial Technology) sector is on the rise – despite Brexit uncertainty investors have put $16bn into the UK fintech market in just the first-half of 2018, a level of investment surpassing that of both the US and China. T… Continue reading The rise of the Fintech sector

From Backhoes to Operating Systems: The Top Five ATM Security Weaknesses

Reading Time: 6 minutes Here are the top five ATM security vulnerabilities that X-Force Red, IBM Security’s team of veteran hackers, has uncovered during its many years of performing ATM penetration tests.

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How Prepared Is the Financial Services Sector to Respond to a Systemic, Global Cyberattack?

Due to its interconnected nature, the financial services industry needs to prepare to respond to a systemic cyberattack that could impact its overarching infrastructure across borders.

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Hacker Stole Data of Over 70% Bulgarian Citizens from Tax Agency Servers

Eastern European country Bulgaria has suffered the biggest data breach in its history that compromised personal and financial information of 5 million adult citizens out of its total population of 7 million people.

According to multiple sources in loc… Continue reading Hacker Stole Data of Over 70% Bulgarian Citizens from Tax Agency Servers

While Bulgaria investigates financial breach, hackers tease more data

Hackers stole financial information about millions of Bulgarians as part of a security incident at the country’s tax agency in what appears to be the largest breach of personal information to ever affect the Eastern European nation. The National Revenue Agency in a statement Monday said it was working with other government organizations to investigate whether a vulnerability in its computer systems made it possible for hackers to steal financial files. Hackers had previously contacted local media offering access to databases containing millions of rows of personal information about Bulgarian citizens including names, addresses, earning numbers and other financial data. Various media reports suggested the leaked information included data on 5 million of Bulgaria’s roughly 7 million citizens. While the cause and extent of the breach still are investigation, Finance Minister Vladislav Goranov told journalists that hackers behind the attack contacted Bulgarian media outlets from an email address on Yandex.ru, […]

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Match, Tinder Swipe Right For Privacy Red Flags, Say Experts

Analysts at ProPrivacy say the dating apps collect everything from chat content to financial data on their users — and then they share it. Continue reading Match, Tinder Swipe Right For Privacy Red Flags, Say Experts

Apple Credit Card: Not So Secure, nor Private

Apple Card is here. It boasts anti-fraud security features and interesting privacy promises. But is there much that’s new here? Probably not.
The post Apple Credit Card: Not So Secure, nor Private appeared first on Security Boulevard.
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How Tomer Agayev Fights Financial Fraud Through Curiosity, Suspicion and Education

As threat research team lead at Trusteer, Tomer guards the gateway to both known and unknown threats and passes along his insights to help banking customers protect themselves from social engineering.

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Want to Make $100 Million from Hacking? Steal Press Releases

Stealing credit card number? Old hat. Ransoming information? Been there, done that. Apparently, if you want to make real money from hacking (not that we’re suggesting this), press releases are the latest and most lucrative piece of valuable … Continue reading Want to Make $100 Million from Hacking? Steal Press Releases