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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

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Hacker Tracker: Breach Hits Canadian Agency, Cyber Ransoms Surge

PYMNTS

On Monday (March 13), the Canadian government was forced to pull the plug on its website for filing federal taxes after it discovered that hackers broke into the statistics bureau last week. Bad actors are constantly looking to capitalize on any bugs that are revealed and act quickly to cause as much damage as possible.

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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Capital One’s estimate for $150 million on $28 billion seems off, to say the least.

Data 40
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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Capital One’s estimate for $150 million on $28 billion seems off, to say the least.

Data 40
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Why initial coin offerings will not replace venture capital for startups

Bussman Advisory

There should be no doubt by now that initial coin offerings – token sale fundraisings by startups – have established themselves as new and very compelling forms of capital raising. This has begun to disrupt above all the traditional venture capital model by providing a compelling alternative fundraising mechanism for startups.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Forged strategic partnership with United Capital. Personal Capital ( FD15 ). Quoted in eWeek on the problem of app security. Announced its Cyber Security scholarship program. Extended its app-security protection to Apple TV. Teamed up with WooCommerce to help online merchants manage sales taxes.