Cyber Security, National, Security and Software

Hackers Employed By China Infiltrate Norwegian Software Company Visma

PYMNTS

FEBRUARY 6, 2019

Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. Visma, the business software maker that has more than 900,000 corporate companies in Scandinavia and parts of Europe, said the attack was detected shortly after the hackers got into Visma’s systems.

Software

Software Company Cyber Security Security

British Parliament Hit By Laser-Focused Cyber Attack

PYMNTS

JUNE 26, 2017

In today’s fast-paced, tech-savvy society, it’s not enough to install a antivirus software on any connected device and expect to never be under cyber attack. This past Saturday (June 24) British Parliament was one such entity that fell victim to a cyber attack.

Cyber Security

Cyber Security National Security Software

Glitch At National Bank of Canada Exposes Personal Information

PYMNTS

SEPTEMBER 22, 2017

The National Bank of Canada, the sixth largest lender in Canada, has become the latest high-profile firm to announce a data breach. According to a report in Reuters , the National Bank of Canada said Thursday (Sept. The revelation on the part of National Bank of Canada comes as consumers in the U.S.

National

National Security Data Software

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State-Backed Hackers Playing On COVID-19 Fears, US And UK Warn

PYMNTS

APRIL 8, 2020

The Wall Street Journal reported that mentions of the coronavirus in emails with malware or other hacking software has jumped recently. As the coronavirus pandemic continues to roil the U.S. and the U.K., a wave of new cyberattacks appears to be taking advantage of the situation in both countries, according to a Reuters report.

Cyber Security

Cyber Security US Fraud Security

Israel Approves New Digital Bank

PYMNTS

SEPTEMBER 24, 2019

The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades.

Digital Banking

Digital Banking NV Cyber Security Innovation

UK Banks Halt Foreign Currency Service Due To Travelex Attack

PYMNTS

JANUARY 9, 2020

2, Travelex took to Twitter and admitted to a “software virus.”. The National Cyber Security Centre said it was providing technical support. The attack occurred on New Year’s Eve. The hacker gang Sodinokibi , also known as REvil, reportedly demanded $6 million in return for encrypted customer data.

Cyber Security

Cyber Security Groups System Data

Global Cyber Attack Hits 100k Institutions In 150 Countries

PYMNTS

MAY 15, 2017

As has been widely reported, a massive attack hit everything from the United Kingdom’s National Health Service, European automakers and Chinese firms and any number of companies across other verticals, winnowing its way through disparate countries into Saturday. Similarly FedEx Corp., Hospitals in the U.K. Action Fraud, the U.K.’s

Cyber Security

Cyber Security National Security System

SMBs Severely Underestimate Data Breach Costs

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000.

Data

Data Los Angeles Survey Cyber Security

Hacker Tracker: Breach Hits Canadian Agency, Cyber Ransoms Surge

PYMNTS

MARCH 17, 2017

The hack was reportedly made possible by a newly disclosed bug in the software. Bugs in software are inevitable; however, how organizations protect themselves from these bugs is within their control,” Douthwaite said. Cyber Ransoms (Still) On The Rise. Or, at least, this was the first known hack.

Cyber Security

Cyber Security National Security Software

Android Malware Used To Hack Russian Customers Was Slated For Global Attacks

PYMNTS

MAY 23, 2017

According to reports in Reuters, the hackers had leveled up their malware software and were looking to go after French banks’ clients, among others. “It’s becoming popular among developing nations or in the countryside where access to conventional banking is difficult for people,” he said.

Cyber Security

Cyber Security Security Mobile Software

Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. It involves using software to analyze both structured and unstructured data (i.e., Risk Management.

Regulation

Regulation Industry Risk Management Analysis

TRENDING: Putting IT Professionals Through Cyberattack Boot Camp

PYMNTS

NOVEMBER 3, 2017

The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure. The Department of Homeland Security observes October as National Cyber Security Awareness Month.

Trends

Trends Apple Cyber Security Analysis

M-Pesa open API part of wider payments progress

Banking 2020

NOVEMBER 8, 2015

In Europe, this is being enshrined into national law as part of the PSD2 regulation, which comes into force in 2016. This change is aimed at promoting innovation and low cost electronic payment solutions while ensuring that security and data protection are not compromised,” said the European Payments Council.

Cyber Security

Cyber Security Payments Security Regulation

Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

JANUARY 5, 2023

In March 2022, the Securities and Exchange Commission (SEC) issued proposed rules regarding cybersecurity risk management, strategy, governance, and incident disclosure for public companies subject to the reporting requirements of the Securities Exchange Act of 1934. Meaningful Developments but No Federal Privacy Law or AI Regulations.

Policies

Policies Company Regulation Risk Management

Power Up Your IT Budget by Zero-ing in on Waste

Banking 2020

MAY 14, 2015

percent of revenue, IT spending in the banking and financial services industry is second only to the software/internet industry. Yet, CIOs spend 55 percent of the applications budget on maintenance and support, according to Forrester Research ’s most recent “State Of Enterprise Software And Emerging Trends” report. in the U.S.

Cyber Security

Cyber Security Software Study Industry

Amazon Sizzles, zCash Fizzles And ‘Cyber-9/11’ Is A When Not An If

PYMNTS

NOVEMBER 4, 2016

cyber-security and its preparedness for a major attack. Zcash just bowed, but right out of the gate, a bug in the software made it all but impossible for private transactions to go through. Personally I’m most worried about the water industry,” noted Jim Gillespie, whose Gray Matter Systems secures industrial-control systems.

Cleveland

Cleveland National Cyber Security System

Uber's Phishing Tale Can Teach Banks a Lot About Security

American Banker

JUNE 2, 2016

But after deploying common protocols and open-source software, Uber now rejects most bad emails. Some days the ride-sharing app receives more than a million phishing emails — a stat to which large banks can relate.

Security

Security Software Cyber Security Regional

FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

OCTOBER 3, 2016

Listed in Silicon Review as one of the 20 fastest growing security companies. Quoted in eWeek on the problem of app security. Announced its Cyber Security scholarship program. Announced its Cyber Security scholarship program. Extended its app-security protection to Apple TV. WorldPay ( FD15 ).

San Francisco

San Francisco Taxes Lending Colorado

Community Banking Brief

Hackers Employed By China Infiltrate Norwegian Software Company Visma

British Parliament Hit By Laser-Focused Cyber Attack

Webinars

Trending Sources

Glitch At National Bank of Canada Exposes Personal Information

Webinars

State-Backed Hackers Playing On COVID-19 Fears, US And UK Warn

Israel Approves New Digital Bank

UK Banks Halt Foreign Currency Service Due To Travelex Attack

Global Cyber Attack Hits 100k Institutions In 150 Countries

SMBs Severely Underestimate Data Breach Costs

Hacker Tracker: Breach Hits Canadian Agency, Cyber Ransoms Surge

Android Malware Used To Hack Russian Customers Was Slated For Global Attacks

Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

TRENDING: Putting IT Professionals Through Cyberattack Boot Camp

M-Pesa open API part of wider payments progress

Four 2023 U.S. Policy Predictions for Financial Services Companies

Power Up Your IT Budget by Zero-ing in on Waste

Amazon Sizzles, zCash Fizzles And ‘Cyber-9/11’ Is A When Not An If

Uber's Phishing Tale Can Teach Banks a Lot About Security

FinDEVr Silicon Valley: Looking Back, Moving Forward

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