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Hackers Employed By China Infiltrate Norwegian Software Company Visma

PYMNTS

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 123
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The FFIEC’s Architecture, Infrastructure, and Operations book

Cisco

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions.

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Reduce your accounting firm’s cyber risks with these 8 actions

Abrigo

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Develop a security awareness program.

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Mastercard To Expand Euro Tech Hub In Dublin

PYMNTS

“As a leader in payments technology, Mastercard is to grow its workforce with notable investments in its artificial intelligence, cyber security, blockchain, user experience teams, and more. Mastercard first opened Ireland operations in 2008, with only 36 people on staff at the location.

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Australia, New Zealand Take A Hard BEC Scam Hit

PYMNTS

"This unfortunately makes it an easy target for cyber attackers who are looking to make a quick buck." CERT is advising businesses to keep software up to date, deploy strong passwords and adopt antivirus software to combat the threat of BEC and other related frauds. In total, about $104.5

Fraud 177
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UK Banks Halt Foreign Currency Service Due To Travelex Attack

PYMNTS

2, Travelex took to Twitter and admitted to a “software virus.”. We have now contained the virus and are working to restore our systems and resume normal operations as quickly as possible,” the company said in a statement. The National Cyber Security Centre said it was providing technical support.

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Fraud And Risk: Surveillance Is Only Part Of Good Security

PYMNTS

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. The reporting software looks for anomalies based on its algorithms.

Fraud 101