Coinbase has acquired One River Digital Asset Management (ORDAM) to offer institutional clients investment advice. The purchase, announced Friday (March 3), is designed to further Coinbase’s “goal of bridging the gap between institutions and the cryptoeconomy,” the cryptocurrency company said on its blog. It comes...
The role of ethical hackers is increasingly critical as cybercriminals get more sophisticated in their methods and techniques. With a duty to inform, these experts are tasked with responsibly disclosing their findings to a business when a vulnerability is uncovered, especially if the risk is...
Plaid is streamlining access to information that is commonly requested during cybersecurity due diligence efforts. The firm has launched a public-facing portal called Security Portal that existing and prospective customers and partners can use to access information they need to make informed decisions during procurement...
Prove Identity has appointed Amanda Fennell as the company’s chief information security officer (CISO). Fennell brings 20 years of experience in the security industry to the digital identity firm and is also an adjunct professor for cybersecurity at Tulane University, Prove said in a Thursday...
As cyberattacks grow, they will become “uninsurable,” the CEO of Europe’s Zurich insurance said. Speaking to the Financial Times on Monday (Dec. 26), Mario Greco said that cyberattacks could pose a larger threat to insurers than systemic issues like pandemics and climate change. “What will...
Sheltered Harbor is reportedly offering data security to more businesses. Previously limited to banks since its founding in 2015, Sheltered Harbor is now offering its solution for cyberattacks to insurance companies, asset managers, payment processors and other financial businesses, Bloomberg reported Thursday (Dec. 22). Sheltered...
Chris Inglis, U.S. cybersecurity chief, is reportedly expected to step down within two months. Inglis — who was the first to serve as national cyber director and led the Office of the National Cyber Director (ONCD) since its establishment in July 2021 — will be...
As consumers have returned to shopping in physical stores, scammers have stepped up their use of card-present threats. For example, between June and November 2021, the number of physical skimming devices on ATMs and point-of-sale (POS) terminals soared 176% compared to the previous 12-month period,...
Uber’s ex chief security officer Joseph Sullivan has been found guilty by a San Francisco jury of criminal obstruction after not reporting a 2016 cyber intrusion to the federal authorities. This case had been a rare one in which a senior cybersecurity executive is facing...
