Cybersecurity

Cybersecurity
London FinTech Starling Bank Boycotts Advertising on Meta Over Scammers
January 07, 2022

London FinTech Starling Bank has put Meta on notice and said it was boycotting advertising on Facebook and Instagram due to the number of scammers infiltrating its social media platforms, Starling CEO Anne Boden said in her annual letter. The unicorn challenger bank that counts...

Cybersecurity
Payroll Service Kronos Offline After Ransomware Attack
December 13, 2021

The Log4Shell vulnerability has affected workforce management and human resources (HR) cloud provider Kronos, the company warned users in a blog post last updated Monday (Dec. 13). Log4Shell is a security flaw found in things like online games, enterprise software, cloud data centers and more....

Cybersecurity
ACI Worldwide, Dover Fueling Solutions Focus on Data Breach Prevention at the Pump 
December 07, 2021

Global software company ACI Worldwide, a provider of real-time digital payment software, and Dover Fueling Solutions (DFS), a developer of advanced fuel dispensing, payment and connectivity solutions for worldwide fueling operations, introduced a joint effort aimed at bolstering protection of customers’ credit and debit cards at fueling...

Cybersecurity
Kasada Gets $23M Investment Toward Bot Protection
December 06, 2021

Kasada has announced a $23 million series C funding round and says it’s seeing more demand for its bot protection tech, which can stop automated attacks, the company announced Monday (Dec. 6). Kasada purports to be able to do away with the attacks without requiring...

Cybersecurity
Russian Gets Jail Term for Hosting Cybercriminals
December 01, 2021

A Russian man, Aleksandr Grichishkin, has been sentenced for giving shelter to cybercriminals for years, the Department of Justice announced Wednesday (Dec. 1). He reportedly provided “bulletproof hosting” services for cybercriminals to send out malware and target financial institutions around the U.S., and has been...

Cybersecurity
CyCognito Closes $100M Series C to Advance Attack Surface Protection
December 01, 2021

Attack surface management (ASM) startup CyCognito raised $100 million in a Series C funding round led by The Westly Group, according to a press release on Wednesday (Dec. 1). New investors Thomvest Ventures and The Heritage Group also participated in the funding round, along with...

Cybersecurity
Malicious Google Play Apps Show Password Vulnerabilities
December 01, 2021

In the endless cycle of cybercrime whack-a-mole, fraudsters just scored a win with a sophisticated campaign using real-seeming apps as “droppers” carrying trojan code designed to steal banking passwords and data from devices, leading to an estimated 300,000 infections. A recent analysis by cybersecurity firm...

Cybersecurity
VersaBank Includes USD in Expanded Testing of Closed Ecosystem for DDRs
November 29, 2021

Digital banking and cyber security solutions platform VersaBank is expanding the closed ecosystem testing for Digital Deposit Receipts (DDRs) and will include the U.S. dollar, the Algorand and Ethereum blockchains and more. David Taylor, VersaBank President and CEO, said in a press release that the...

Cybersecurity
Facebook and Instagram Encryption Delayed to 2023 
November 22, 2021

Amid warnings from child safety advocates that Meta’s plan to encrypt Facebook and Instagram could keep abusers from detection, Meta on Sunday (Nov. 21) announced it’s pushing off the plan until 2023, according to a Tech Times report.  Meta has been using end-to-end encryption in...