Cybersecurity

Cybersecurity
Regulators Warn Banks to Prepare for a Russian Cyberattack 
February 09, 2022

As tension on the ground between Russia and the Ukraine intensifies, the European Central Bank (ECB) has warned financial institutions (FIs) of a possible Soviet cyberattack, sources told Reuters Wednesday (Feb. 9)  While 100,000 Russian troops are stationed at the border of the second-largest country...

Cybersecurity
Microsoft in Talks With Cybersecurity Firm Mandiant
February 08, 2022

Microsoft is in talks to buy Mandiant, a cybersecurity research and incident response firm, which would boost its efforts to protect users from hacks, Bloomberg reported Tuesday (Feb. 8). While the deal may not go through, according to unnamed sources who spoke to Bloomberg, the...

Cybersecurity
CipherTrace Used ‘Honey Pot’ Tactic to Glean Off-Chain Data, Report Shows
January 30, 2022

CipherTrace, a crypto sleuthing firm, has reportedly been using “honeypots,” a term meaning decoy targets collecting intelligence on unknowing targets, a report from CoinDesk says. CipherTrace was bought by Mastercard last year. The company is a part of an industry monitoring the $14 billion per...

Cybersecurity
White House, Tech Execs Meet Over Log4j, Other Cyberattacks
January 13, 2022

White House officials, including deputy national security advisor for cyber and emerging technology Anne Neuberger, are meeting with executives from Big Tech firms on Thursday (Jan. 13) to talk about major cyberattacks on the country last year that involved open-source software Log4j and other software,...

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...